Amber Group raises $300M to recover from FTX contagion
The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default.
The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default.
The suit is looking to hold Silvergate accountable for its alleged roles in transferring FTX user deposits to Alameda bank accounts.
Various creators and promotors of two allegedly fraudulent crypto companies are facing a litany of charges that could land them 20 years in jail.
As it stands, Japanese crypto issuers are required to pay a set 30% corporate tax rate on their holdings, even if they haven’t realized a profit through a sale.
U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury.
Binance has faced a FUD-storm this week but a new CryptoQuant audit has verified its proof of reserves.
The four businesses FTX wants to sell had only recently been acquired, and lawyers argue this simplifies the sale process.
Even conservatives and MAGA supporters are not pleased with Trump, as they were hanging on for a more serious announcement from the former president.
Bahamas media reports that Sam Bankman-Fried lodged a new bid for bail just two days after a judge denied his previous application and called the FTX founder a flight risk.
ASIC claimed a crypto yield-bearing product from Finder’s registered exchange was unlicensed, the firm disagreed but refused to say if it would fight the suit.
After a flurry of bad news throughout 2022, the miner has been offered a lifeline which could enable it to see out the current Crypto Winter.
One new project attempts to help bankless Ukrainian refugees, while another hopes to streamline international Red Cross projects.
The cryptocurrency exchange has offered a crypto/fiat Visa card in Brazil since last year and is expanding rapidly on international markets.
Organizations led by German fintech etonec designed a system that takes advantage of zk-SNARK to provide untraceable transactions within regulatory limits.
Venture capital firms have a tendency to dump tokens and collapse prices. Community-based funding models could fix the problem.
“This may increase the risk of customers becoming involved in money laundering or terrorist financing,” said De Nederlandsche Bank.
With the funds, Aztec Network plans to hire more engineers and build a new encrypted blockchain.
Sam Bankman-Fried faces eight accusations and could get 115 years in jail, but a final sentence could take months or even years.
The 16 prize winners will share over $1M worth of prizes sponsored by companies such as Immutable X, Blockchain Game Alliance, Machinations, and many more.
The JUSD stablecoin will allow real-time settlements for institutional investors in the territory.
Data suggests that BTC’s rally to $18,300 is the only Santa Claus rally Bitcoin will see before the year ends.
The state, a notoriously demanding regulator of the industry, has released detailed guidelines for banks’ applications; some licensed banks may have to play catchup.
The news comes after Amber Group reportedly pulled back expansion plans due to financial exposure in the FTX collapse.
The committee would play a role in representing creditors who lost funds or were otherwise affected by the downfall of FTX, reported to be one million people.
Join us as we discuss the current state of the crypto market, particularly in terms of the current bear market and Bitcoin mining. Hosting the show will be Ray Salmond, head of markets at Cointelegraph, and our special guest this week is Drew Vosk.
As Web3 tools and features become integrated into many known Web2 communities, creating NFTs that are family friendly becomes a need in the space.
“Our recovery tool is able to move unsupported assets directly from your inbound address to your self-custodial wallet without exposing private keys at any point,” said Coinbase.
Users initially panned Mithril’s return of deposit allegation until an original Binance listing document came to light that raised further questions.
As various mainstream industries adopt Web3 tools, the world of filmmaking can take a lesson from the offerings of NFTs and the newly appeared soulbound tokens to define a new age of cinema.