Jump Crypto, Aptos Labs Commit to Binance-Led $1B Recovery Fund
Several prominent crypto companies including Aptos Labs and Jump Crypto will contribute $50 million to the planned $1 billion Industry Recovery Initiative (IRI).
Several prominent crypto companies including Aptos Labs and Jump Crypto will contribute $50 million to the planned $1 billion Industry Recovery Initiative (IRI).
Reasons for the 38% cut also include uncertainty in the venture capital market, CEO Marcelo Cavazzoli said.
Staked ETH withdrawals made the cut – but the timeline for when that will happen still isn’t any clearer.
Lawmakers had already accepted amendments to a new bill to make it easier for law enforcement to target crypto and related property linked to crime.
Huge losses of funds at FTX have shaken the trust of crypto investors, but private keys and crypto wallets can protect investors from fraud and mismanagement.
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 23, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The exchange will offer up to $10 million to institutional clients and market makers.
Puts tied to BTC and ETH continued to draw demand as the crypto market remained focused on the FTX contagion.
Binance CEO Changpeng “CZ” Zhao has confirmed that the exchange’s U.S. wing will be making a fresh bid for crypto lender Voyager now that the defunct FTX is unable to follow through with acquiring it.
The Securities Commission of The Bahamas said FTX “misrepresented” the regulator’s move to secure the embattled exchange’s assets against hacks in bankruptcy court filings in the U.S.
The Binance fund will be open to contributions from other industry players.
The police are reportedly looking into allegations of cheating and fraud by the company and its directors.
The firm said when using Infura as an RPC on MetaMask, a user’s IP address and wallet address information would also be collected.
The CEO of crypto lending and borrowing platform Hexn.io, believes recent crypto debacles will leave the industry stronger by weeding out weaker companies and fostering stronger regulatory efforts.
Bitcoin stayed above $16K after the Fed minutes and Genesis Global Capital confirmed hiring investment bank Moelis. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
No, you don’t have to accept any personal responsibility for suggesting Anchor was just like a savings account.
The new platform offers features built especially for the Bored Ape Yacht Club and Otherside communities, its CEO said.
The majority of Federal Reserve officials thought slower rate hikes would be appropriate soon. It is still unclear how high the terminal rate will be.
Genesis also started talks with its largest creditors and borrowers, including Gemini and DCG, to agree on a solution.
The interim chief executive discusses why the future of crypto will be based on proof-of-reserves and thoughtful regulation.
The downfall of the FTX exchange has caused a domino effect: a growing list of crypto firms, such as BlockFi and Genesis, halting withdrawals. CoinDesk counts 15 of these announcements just this year.
After teasing SUAVE at this year’s Devcon, Flashbots details how the plug-and-play solution will transform the way validators earn MEV.
The purchase make Brendan Blumer the largest holder of Silvergate Capital.
Bitcoin was steady, around $16,300, as traders anticipated the release of the Federal Reserve meeting minutes later Wednesday.
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A wallet linked to the failed crypto exchange transferred 10,000 bitcoin even as the alleged operator sat in jail.
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 23, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.