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Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs
22.11.2022
The Texas State Securities Board is scrutinizing payments received by celebrities to endorse FTX US, as part of a wider probe into FTX's collapse
Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals
22.11.2022
Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX team “to prioritize the preservation of franchise value as best we can in these difficult...
UK Law Commission Seeks Evidence on DAOs — Expert Says ‘New Legal Forms Are Required’
19.11.2022
The United Kingdom Law Commission recently asked experts and users to participate in a ten-week exercise whose objective is to help the commission better understand how decentralized autonomous organizations (DAOs) operate. A blockchain expert says the commission’s call shows that the U.K....
Albanian Court Approves Extradition of Crypto Exchange Thodex Founder to Turkey
19.11.2022
A court in Albania has ordered the extradition of the fugitive founder of cryptocurrency exchange Thodex to Turkey, where he is sought for fraud and other crimes. Faruk Ozer was arrested in Albania this summer, after disappearing last year as the coin trading platform collapsed. Albanian Judiciary...
Big Four Company KPMG to Examine New Business Models in the Metaverse
19.11.2022
KPMG, one of the “big four” companies in the consulting and auditing business, is appointing a new head of metaverse futures. The new position, to be occupied by Alyse Sue, will be dedicated to the implementation of technologies such as metaverse and crypto to find fresh business models...
Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases
17.11.2022
The FTX bankruptcy has left creditors, investors and industry experts questioning what will happen next — Here is what we can expect
Tom Brady and other celebrities named in class action lawsuit against FTX
16.11.2022
Evidence suggests “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors,” according to the lawsuit
Tom Brady, Gisele Bündchen, Kevin O’Leary, and 9 Other Celebrities Named in FTX-Related Class-Action Lawsuit
16.11.2022
Former FTX CEO Sam Bankman-Fried (SBF) and a number of celebrities including Tom Brady, Gisele Bündchen, Stephen Curry, and Shaquille O’Neal have been named in a class-action lawsuit involving the alleged engagement in deceptive practices with FTX. The lawsuit was filed by the attorneys Adam...
MasterCard, Citigroup and Other Global Banking Giants Start Digital Dollar Pilot With New York Federal Reserve
16.11.2022
Global financial services giants such as MasterCard, Citigroup, and others are joining hands with the Federal Reserve Bank of New York to start a 12-week-long pilot for a digital dollar system.
The pilot dubbed the “regulated liability network,” will be conducted in a test environment using...
Nike Launches Web3 Platform Offering Virtual Apparel and Other NFT-Based Products
15.11.2022
Sportswear giant Nike has launched .Swoosh, a new Web3 platform that will be used to launch virtual apparel like t-shirts and sneakers for avatars.
Nike became one of the biggest fashion-world players in Web3 in mid-December last year when the company acquired RTFKT, a virtual sneakers company...
Biggest Movers: DOGE Surges Following Elon Musk Comments on the Meme Coin
12.11.2022
Dogecoin was one of the only crypto tokens to trade higher on Saturday, as comments from Elon Musk boosted prices. Speaking in a Twitter Spaces centered around the FTX collapse, Musk was heard saying: “Doge to the moon.” Solana on the other hand extended its declines, falling by over 15%....
FTX Reportedly Hacked as Telegram Group Admin Comments on Possible ‘Malware’ Present in Apps, Irregular Fund Movements Registered Onchain
12.11.2022
Admins of the Telegram group of the FTX community stated that the platform had been hacked and all of the funds of the exchange seemed to be gone. FTX U.S. General Counsel Ryne Miller, who reportedly pinned the message in the group, explained he was investigating “abnormalities”...
Bankman-Fried’s Cabal of Roommates in the Bahamas Ran His Crypto Empire – And Dated. Other Employees Have Lots of Questions
10.11.2022
“The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on the condition of anonymity
EU Lawmakers Vote Stronger Cyber Protection for Crypto, Other Finance
10.11.2022
The crypto world is highly prone to hacks and attacks, but the jury is out on the impact the new measures will have
FTX Used Customer Funds Among Other Assets to Prop up Alameda Research in May: Reuters
10.11.2022
FTX founder Sam Bankman-Fried transferred at least $4 billion in FTX funds
Queen Maxima of Netherlands Sees Multiple Benefits of Digital Euro
10.11.2022
Queen Maxima of the Netherlands has outlined multiple benefits central bank digital currencies (CBDCs) could bring, particularly in the area of financial inclusion. “Governments could use a digital euro to channel financial support to low-income households. This would deepen longer-term...
Incredible 90% Guaranteed APY Will Generate Far Greater Wealth than Other Quality Crypto like Tamadoge and Klaytn
10.11.2022
Oryen (ORY) promises a 90% increase in its cryptocurrency investment for investors. The measure of the amount investors earn from digital assets is known as the Annual Percentage Yield or APY. The higher the APY of an asset, the more investors can earn on such an asset. Over the years, crypto...
World’s Worst Performing Currency, the Cedi, Reverses Gains — Economist Steve Hanke Says Ghana Inflation Now Over 140%
10.11.2022
Just days after registering marginal gains against the U.S. dollar, the Ghanaian currency — the cedi — slipped to C14:$1 versus the U.S. dollar on the foreign exchange parallel market on Nov. 7. The cedi’s reversal is said to have dented the currency’s recovery prospects. On the other...
Egyptian Fintech Raises $31 Million in Series B Funding Round
10.11.2022
Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million. The funds will be used to finance Moneyfellows’ expansion into other markets as well as accelerate the fintech’s...
How Blight: Survival added hundreds of thousands of Steam wishlists!
9.11.2022
Also: Nintendo's results, and a whole bunch of other neat news