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Former top SEC crypto regulator hired by Caroline Ellison

December 11, 2022 by

Ex-Alameda Research head will be represented by Stephanie Avakian and a team of attorneys from WilmerHale.

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Lodestar Finance exploited in flash loan attack

December 11, 2022 by

The main vulnerability behind the attack was within GLP oracle and how it conducts its price.

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SBF ‘didn’t like’ decentralized Bitcoin — ARK Invest CEO Cathie Wood

December 11, 2022 by

Bitcoin was not an option for “control” of the market by Bankman-Fried, Wood says, as Michael Saylor says he “undermined” the BTC network.

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Abnormal token price movements on Binance not hack-related, confirms CZ

December 11, 2022 by

On Dec. 11, Binance issued a notice about abnormal price movements for some trading pairs. As a result, the exchange began an investigation to narrow down suspicious accounts responsible for the issue.

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FTT investors’ claims to be investigated for securities laws violations

December 11, 2022 by

To help the investors legally recoup losses, Schall Law Firm plans to investigate FTX for issuing misleading statements or failing to disclose crucial information.

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Sam Bankman-Fried’s parents no longer on the Stanford Law School roster

December 11, 2022 by

Joseph Bankman and Barbara Fried have started facing professional consequences for their child Sam Bankman-Fried’s illegal actions.

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A Supreme Court case could kill Facebook and other socials — allowing blockchain to replace them

December 10, 2022 by

If the Supreme Court decides to strike down Section 230, it’s going to become considerably more difficult for centralized social media companies to operate.

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Goldman Sachs buying crypto firms, FTX news, 3AC and Celsius updates: Hodler’s Digest Dec. 4-10

December 10, 2022 by
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SBF tried to destabilize crypto market to save FTX: Report

December 10, 2022 by

Trades made by Alameda Research were reportedly focusing on depeg Tether’s stablecoin.

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5 tips for investing during a global recession

December 10, 2022 by

The market may be experiencing some tough days, but that doesn’t have to stop you from finding ways to prosper.

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Bitcoin price liquidation risk increases as BTC struggles to reclaim $18K

December 10, 2022 by

Leveraged long margin traders are playing with a hot potato, and with BTC struggling at $17,000, they might get burned sooner than later.

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Binance suspends trader’s account after complaints on Twitter

December 10, 2022 by

Binance CEO Changpeng Zhao said the firm doesn’t want to service “unreasonable” clients.

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Yuga Labs, Moonpay faces lawsuit over celebrities NFT promotion

December 10, 2022 by

Over 40 people and companies are named as defendants in the lawsuit, including Paris Hilton, Snoop Dog, Jimmy Fallon, Justin Bieber, Madonna.

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What is spot trading in crypto and how does it work?

December 10, 2022 by

In a spot market, traders can immediately exchange their cryptocurrency for fiat currency or another cryptocurrency by placing a buy or sell order.

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Gensler’s approach toward crypto appears skewed as criticisms mount

December 10, 2022 by

While the SEC chairman has promised to make crypto safer for everyone, the recent slew of company collapses seems to suggest otherwise.

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Bitcoin bulls protect $17K as trader eyes key China BTC price catalyst

December 10, 2022 by

China offers a potential leading indicator for Bitcoin price strength with U.S. economic data due next week.

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Florida best-prepared US state for widespread crypto adoption: Research

December 10, 2022 by

While US the most dominant player in crypto, a state-wise analysis reveals that not all 50 states are equally prepared for the inevitable mainstream crypto adoption.

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US DOJ reportedly investigating FTX CEO for siphoning funds out of the US

December 10, 2022 by

The anonymous informant revealed that DOJ officials met with FTX’s court-appointed overseers to discuss the scope of the information they need for further investigation.

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Bahamian attorneys pursue access to FTX data of international customers

December 10, 2022 by

The Bahamian attorneys filed an emergency motion with a Delaware bankruptcy judge requesting access to FTX’s customer database to aid their ongoing investigations.

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Lessons we learned from the Terraform-FTX implosions

December 10, 2022 by

The crises cryptocurrency experienced in 2022 served as a reminder of some classic bits of investing wisdom.

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Data shows the Bitcoin mining bear market has a ways to go

December 9, 2022 by

The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations.

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Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing

December 9, 2022 by

Bitcoin price aims for support at $17,000, while LTC follows a pre-halving narrative and ETH looks somewhat bullish in its BTC pair.

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Who’s expected to testify before Congressional hearings on FTX?

December 9, 2022 by

FTX CEO John Ray, actor Ben McKenzie and law professor Hilary Allen have been confirmed, while SBF, Kevin O’Leary, and Alameda CEO Caroline Ellison could still testify.

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A year after Taproot, Bitcoin community works to unlock its DeFi potential

December 9, 2022 by

Smart contracts functionalities on the Bitcoin network could boost adoption and provide additional liquidity to DeFi.

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US regulator seeks feedback on DeFi’s impact on financial crime: Finance Redefined

December 9, 2022 by

US regulators want to know from the industry on what they think about the financial crimes associated with DeFi.

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CEO of crypto news site The Block resigns for failing to disclose $27M loans from Alameda Research

December 9, 2022 by

New CEO Bobby Moran said there was no evidence that Mike McCaffrey had “improperly” influenced coverage of Sam Bankman-Fried, FTX, and Alameda Research on the news site.

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FalconX says exposure to FTX represented 18% of its ‘unencumbered cash equivalents’

December 9, 2022 by

According to the crypto brokerage firm, the 18% ratio fell well within its “counterparty exposure limits.”

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Price analysis 12/9: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

December 9, 2022 by

Bitcoin and most major altcoins remain stuck inside a range as traders keep a close eye on next week’s macroeconomic events.

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Crypto.com releases proof of reserves, showing above 100% for BTC, ETH

December 9, 2022 by

The new disclosure page allows skeptical users to self-verify that their assets are included in the report.

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Crypto Biz: Is Goldman Sachs the ultimate crypto contrarian?

December 9, 2022 by

Is the U.S. investment bank looking to buy up distressed crypto firms amid the bear market?

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