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XRP Price Prediction as $900 Million Trading Volume Comes In – XRP to the Moon?

2.12.2022
Read More: XRP Price Prediction as $900 Million Trading Volume Comes In – XRP to the Moon?

FTX Bankruptcy Write Downs And Venture Capital Funding Data – What We Know So Far

2.12.2022
This time last year, venture capital (VC) firms couldn't get enough of FTX and Sam Bankman-Fried (SBF) – but since the November collapse of the crypto empire all that has changed. As the full horror story of the corporate governance vacuum that was FTX and Alameda Research is revealed, many...

Binance Hires Former Donald Trump Auditors For Proof of Reserves Effort

2.12.2022
Major crypto exchange Binance has appointed the accounting firm Mazars, which worked for former US President Donald Trump’s company, to assist with its Proof of Reserves (PoR) effort. In order to help assure investors that its coins are covered by reserves, Binance decided to use Mazars to verify...

Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects

2.12.2022
Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on returns for potential investors wanting to get more Web3-related capital exposure, will focus its activities on companies...

SBF Was ‘Delusional,’ Will ‘Spend Time in Jail’ Says Galaxy’s Mike Novogratz — ‘He Needs to Be Prosecuted’

2.12.2022
Galaxy Digital’s CEO Mike Novogratz talked to Andrew Ross Sorkin on CNBC’s Squawk Box and gave his reaction to Sam Bankman-Fried’s (SBF) recent New York Times (NYT) Dealbook Summit interview. Novogratz said that SBF was “delusional” and insisted that the former FTX CEO needs to be prosecuted...

Mike Novogratz: Bankman-Fried is 'delusional' and headed to jail

2.12.2022
The Galaxy Digital CEO alleges Sam Bankman-Fried and his cohorts perpetuated fraud and suggested they should be in jail

Proof-of-Reserves Are at ‘Best Incomplete, at Worst Misleading and Deceptive’ Says Crypto Analyst Martin Hiesboeck

2.12.2022
While many crypto exchanges have seemingly embraced the use of proof-of-reserves (PoR) to showcase their transparency and reassure nervous users, crypto analyst Martin Hiesboeck insists such so-called proofs are susceptible to manipulation or misrepresentation. He added that PoRs alone are not...

US Senate committee hearing on FTX fail brings gaps in regulatory authority to light

1.12.2022
CFTC chair Rostin Behnam appeared before a Senate Agriculture Committee to talk about how FTX happened and how it could have been prevented

We could use crypto regulation after FTX — but let's start with basic definitions

1.12.2022
Congress should start by addressing what cryptocurrencies are securities and what are commodities

Despite the Former FTX CEO’s Media Tour Many Unanswered Questions Remain

1.12.2022
Former FTX CEO Sam Bankman-Fried (SBF) has been talking a lot more since his exchange collapsed a few weeks ago, as he’s spoken at the New York Times Dealbook Summit, sat down with Good Morning America host George Stephanopoulos, and recently conducted an interview with New York Magazine....

Rostin Behnam points to CFTC-regulated LedgerX as success story amid FTX collapse

1.12.2022
"The customer property at LedgerX — the CFTC regulated entity — has remained exactly where it should be, segregated and secure," said Rostin Behnam in a hearing on FTX's failures

DEX token GMX rallies 35% after beating Uniswap on trading fees for the first time

1.12.2022
GMX's technical indicator hints at a strong correction in December, which may push its price toward $40

What is tokenization and how are banks tapping into its design principles?

1.12.2022
Financial services organizations can use tokenization to solve several friction points and have better risk management in place

CFTC chief says Bitcoin is the only commodity in the wake of FTX collapse

1.12.2022
CFTC has faced a lot of scrutiny in the wake of FTX collapse due to its ties with the crypto exchange and SBF’s efforts to put the committee as the key oversight body for crypto

Former FTX Boss Speaks at Dealbook Event, Says He ‘Didn’t Knowingly Co-Mingle Funds’

1.12.2022
On Nov. 30, 2022, the former FTX CEO Sam Bankman-Fried (SBF) discussed FTX’s collapse at the New York Times’ Dealbook Summit with Andrew Ross Sorkin in his first live-appearance interview since the crypto exchange’s downfall. SBF told the Dealbook Summit host that he was “deeply sorry about what...