Español
PortuguêsAccording to a former employee, an internal team at BlockFi raised concerns about the borrower pool being too concentrated among crypto whales, such as Three Arrows Capital and Alameda. Following…
Continue ReadingWAVES price and its USDN stablecoin lose value after the Digital Asset eXchange Association issues a caution notice and Upbit exchange delists the token. Algorithmic stablecoins have had a rough…
Continue ReadingThe company’s latest initiative will allow users to open up a U.S. dollar checking account with only their name, email, and phone number. American fintech company ZELF has introduced an…
Continue ReadingUncertainty and a lack of communication were among the complaints of Koinly employees laid off in recent months before the company made an official announcement. Crypto tax firm Koinly announced…
Continue ReadingThe cryptocurrency exchange had previously reported that it expected losses of $500 million this year amid the bear market. The CEO of Coinbase, Brian Armstrong, has revealed that the exchange’s…
Continue ReadingNew York Democrat Ritchie Torres introduced the short bills, which are meant to supplement more comprehensive legislation, earlier this month with little fanfare. United States Congressman Ritchie Torres has introduced…
Continue ReadingThis announcement comes months after the crypto exchange removed all trading fees for Bitcoin transactions. Binance US has announced that it has expanded its “zero fee price model” to Ether…
Continue ReadingCelebrities in sports and entertainment including comedian Larry David, tennis star Naomi Osaka, NFL quarterback Tom Brady, and NBA point guard Stephen Curry promoted FTX. Pop star Taylor Swift reportedly…
Continue ReadingThe new service, Interchange, will provide an alternative to the pre-funding and margin models of cryptocurrency exchanges. Crypto asset provider Zodia Custody has launched a new service to help protect…
Continue ReadingFollowing the FTX fiasco, retail and institutional investors alike are now looking to draw valuable conclusions. The FTX bankruptcy has sent the crypto space into a downward spiral, and the…
Continue ReadingWith investors moving their funds away from exchanges into self-custody, market liquidity concerns are an immediate threat to struggling crypto businesses. In a move to tone down the negative impacts…
Continue ReadingSaylor calls SBF the “poster child of the crypto world” while breaking down his antics, which ultimately brought the downfall of his empire. In a recent interview Michael Saylor, the…
Continue ReadingMaple’s decision comes after Orthogonal Trading admitted on Dec 3 that it was unable to meet loan repayments following the collapse of FTX and its partner Alameda. Blockchain-based institutional capital…
Continue ReadingMazars, the former accounting firm for Donald Trump’s companies, was hired recently to audit Binance’s PoR. Crypto exchange KuCoin hired the international accounting firm Mazars for a third-party audit of…
Continue ReadingA group of angry users attacked crypto exchange employees after withdrawals were halted, according to local media. Nigerian customer’s of the crypto exchange AAX reportedly attacked the company’s office in…
Continue ReadingU.S regulators and their failure to avoid another crypto contagion have raised a lot of questions over their credibility. 2022 is nearing an end and might go down as one…
Continue ReadingBen Zhou, the co-founder and CEO of Bybit, announced a reorganization plan amid a prolonged bear market, which involves a steep reduction in the workforce. Yes, the bear market weeds…
Continue ReadingThe issue is tied to the Gemini Earn program, which offers 8% earn interest on crypto lending and is operated by Gemini in partnership with Genesis. Crypto lender Genesis and…
Continue ReadingThe former FTX CEO is receiving major backlash for his New York Time DealBook Summit and Good Morning America interviews. The Former CEO of FTX, Sam Bankman-Fried, known also as…
Continue ReadingZipmex reportedly plans to use crypto assets received from the acquisition to unlock frozen customer accounts on the platform by April 2023. After weeks of negotiations on a potential buyout…
Continue ReadingAccording to the former CEO, at the time of filing for bankruptcy “FTX US was solvent.” An interview between the Former FTX CEO Sam Bankman-Fried ‘SBF’ and George Stephanopoulos aired…
Continue ReadingThe 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3). Italy is planning to tighten regulations on digital currencies by expanding its tax laws…
Continue ReadingMazars’ U.S. division was the longtime accounting firm for former United States President Donald Trump’s company. Cryptocurrency exchange Binance is working with accounting firm Mazars as part of its proof-of-reserve…
Continue ReadingThe exchanges will cooperate progressively in HT coin development, liquidity sharing and global compliance, plus Huobi will monitor Poloniex for new projects to list. Huobi and Poloniex announced a strategic…
Continue ReadingAccording to its CEO, the exchange grew too quickly to accommodate the fast-growing crypto ecosystem. Cryptocurrency exchange Kraken announced on Nov. 30 that it has made one of its “hardest…
Continue ReadingDespite writing down its $275 million investment in FTX, Temasek still apparently holds its investments in many other crypto-related businesses. Singapore government-owned investment firm Temasek has suffered a lot more…
Continue ReadingTaran’s death is the third to shake the crypto world in recent weeks, following Amber Group’s Tiantian Kullander and MakerDao’s Nikolai Mushegian. Russian billionaire Vyacheslav Taran, president of Libertex Group…
Continue ReadingData analytics firm Glassnode, hardware provider Trezor and Bitcoin exchange Relai observe an uptick in Bitcoin self-custody. The bear market has inspired the little guy to accumulate vast amounts of…
Continue ReadingThe crypto wallet plans to stop support for the four tokens on Dec. 5, but added any remaining funds would still be tied to users’ existing addresses. Starting on Dec.…
Continue ReadingYoung crypto entrepreneurs went from spending big bucks on champagne showers to being visibly absent from the nightclub scene. The fallout from the collapse of FTX spans beyond the Web3…
Continue ReadingBankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants. Being three weeks removed from the FTX collapse, Bitcoin (BTC) analysts are…
Continue ReadingThough some officials have removed all traces of their deals with FTX, the firm’s branding still appears on a few sports venues and merchandise. Before its liquidity issues and bankruptcy…
Continue ReadingThe Japanese messaging giant will still continue to support its Line blockchain ecosystem and the Link token despite the ongoing industry challenges. The Japanese messaging giant Line has decided to…
Continue ReadingThe locals say they are having to contend with vacant apartments and the loss of job opportunities, once provided by the collapsed exchange. Following the collapse of crypto exchange FTX,…
Continue ReadingDespite the widespread loss of confidence in crypto following the FTX collapse, Bitcoin‘s on-chain data gives investors hope. Despite the market downturn and the widespread negative sentiment in the industry…
Continue ReadingFollowing FTX’s downfall, experts believe that centralized exchanges will be faced with increased regulatory scrutiny, potentially eliminating a lot of players from the fray. The crypto market is often referred…
Continue ReadingTwo weeks after its initial pledge for Merkle Tree-backed proof of funds, Binance releases its official response to liquidity transparency. Two weeks after Binance initially pledged to develop a proof-of-reserve (PoR)…
Continue ReadingThe Digital Asset Exchange Joint Consultative Body (DAXA), the South Korean association of crypto exchanges, announced on Nov. 24 that the WEMIX token would be delisted. In justifying the decision…
Continue ReadingStarting from January 2023, only licensed cryptocurrency firms will be allowed to provide cryptocurrency trading services to Uzbek citizens. As Uzbekistan prepares to adopt a new cryptocurrency framework in 2023,…
Continue ReadingInstitutional trading firms have faced financial losses and operational difficulties in the wake of the FTX collapse. Crypto derivatives exchange Bybit has launched a new support fund to help institutional…
Continue Reading