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Canada bans crypto leverage and margin trading after FTX collapse

December 13, 2022 by

Now-bankrupt exchange FTX attempted to enter Canada in June 2022, but local regulators have managed to prevent the mess.

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Bahamas reportedly asked SBF to mint new coin after FTX collapse

December 13, 2022 by

The FTX collapse has reportedly fueled a major international legal dispute between the United States and the Commonwealth of the Bahamas.

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SEC charges FTX CEO SBF for defrauding investors a day after his arrest

December 13, 2022 by

SEC has filed charges against the former CEO Sam Bankman-Fried, accusing him of defrauding U.S. customers and concealing the diversion of customers’ funds.

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SBF planned to blame everyone but himself, shows leaked Congress testimony

December 13, 2022 by

SBF blamed the current CEO, his legal counsel, the law firm he appointed for bankruptcy, and Binance CEO CZ, without admitting any wrong on his part.

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SEC looks to intercept Grayscale Bitcoin ETF review bid

December 13, 2022 by

The SEC is looking to block an appeal from Grayscale Investments after denying its proposed Bitcoin exchange traded fund.

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Binance exchange daily BTC withdrawals top $500M as CZ says ‘FUD helps us grow’

December 13, 2022 by

Bitcoin withdrawals surge as Binance recovers from a media storm and subsequently accusations of suspicious activity.

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What is VeChain (VET) and how does it work?

December 13, 2022 by

VeChain is a smart contract-compatible blockchain designed to enhance the supply chain and accelerate the mass adoption of blockchain technology.

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FTC opposes Microsoft’s metaverse-focused Activision Blizzard purchase

December 13, 2022 by

Microsoft CEO and chairman Satya Nadella had previously stated that the acquisition of Activision Blizzard would “play a key role in the development of metaverse platforms.”

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What is a golden cross pattern and how does it work?

December 13, 2022 by

A golden cross is one of the most popular bullish signals for cryptocurrency traders but it does not necessarily mean you should immediately enter the market.

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Thai SEC to tighten up rules for crypto, focus on investor protection

December 13, 2022 by

Thailand’s chief regulator highlights the importance of tighter control over the cryptocurrency-related advertisements.

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FSB to lay out global standards for crypto regulation: Reports

December 13, 2022 by

Dietrich Domanski, the outgoing secretary general of the FSB, said that recent events highlighted that it’s “urgent to address risks” within the space.

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Not medical advice: Bitcoiner implants Lightning chip to make BTC payments by hand

December 13, 2022 by

A Bitcoiner has literally taken the Lightning Network into his own hands, installing a tiny payment chip into his hands to make NFC contactless payments.

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Judge orders CFTC to serve Ooki DAO founders with lawsuit

December 13, 2022 by

The DAO was initially served with a lawsuit via a help chat box but a federal judge said the regulator “should serve at least one identifiable Token Holder.”

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Sen. Lummis still ‘very comfortable’ with Bitcoin in retirement plans

December 13, 2022 by

Crypto winter and calls from other senators to ban Bitcoin in retirement plans haven’t shaken the pro-crypto senator’s resolve.

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Hours before his arrest, SBF denied being part of ‘Wirefraud’ chat group

December 13, 2022 by

SBF’s last tweet before his arrest for reportedly committing wire fraud was dispelling his involvement in a group chat purportedly called “Wirefraud.”

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It’s stacking up: SEC to file separate charges against FTX’s SBF

December 13, 2022 by

SBF has finally been slapped with criminal charges and will be extradited to the U.S., once there, he will have to face separate charges from the SEC.

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Crypto Twitter explodes over the news of Sam Bankman-Fried’s arrest

December 13, 2022 by

US politicians, crypto execs and influencers fired up their Twitter apps upon learning that Sam Bankman-Fried was in custody in the Bahamas.

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Is Ripple poised to settle with SEC this week? Crypto Twitter weighs in

December 13, 2022 by

U.S. congressional candidate January Walker said a potential settlement would be a loss for the “whole world” and Web3.

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Breaking: FTX founder Sam Bankman-Fried arrested and in custody

December 12, 2022 by

A statement from the Attorney General of The Bahamas was made on Dec. 12.

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13% of Americans have now held crypto: JPMorgan research

December 12, 2022 by

The JPMorgan report is based on a study of cash transfers from banks to crypto accounts for over 5 million customers.

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Brazil could cement its status as an economic leader thanks to 2024 CBDC move

December 12, 2022 by

Brazil is set to launch a Central Bank Digital Currency (CBDC) in 2024, a move that could contribute to its status as an economic leader in South America.

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$75M worth of FTX’s political donations at risk of being recalled due to bankruptcy: Report

December 12, 2022 by

To distance themselves from the failed exchange, some politicians have already resorted to donating funds they received from FTX to charity.

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FTX was an ‘utter failure of corporate controls at every level of an organization’, says CEO

December 12, 2022 by

Countering some of SBF’s claims, John Ray said that “FTX US was not operated independently of FTX.com” and a Chapter 11 filing was necessary to avoid a bank run.

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Coinbase report shows dramatic increase in law enforcement enquiries worldwide

December 12, 2022 by

The crypto exchange says the overall number of enquiries is up 66%, with the United States producing the most by far; the U.S., and three European countries made 80% of all requests.

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Bitcoin’s bear market is far from over, but data points to improving investor sentiment

December 12, 2022 by

Crypto investor sentiment saw a slight upswing, but the potential of a deep liquidity crisis in the sector could keep investors at bay.

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Argo Blockchain reports insufficient funds, ‘no assurance’ it can avoid Chapter 11 bankruptcy

December 12, 2022 by

According to the mining firm, “inadvertently published materials” led to the suspension of trading of Argo Blockchain on the London Stock Exchange and Nasdaq on Dec. 9.

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SBF misses the Senate hearing but promises to testify to the House: Law Decoded

December 12, 2022 by

Sam Bankman-Fried is willing to testify before the Financial Services Committee of the U.S. House of Representatives on Dec. 13.

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Price analysis 12/12: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT

December 12, 2022 by

Cryptocurrency and stock markets could see a sharp spike in volatility due to this week’s CPI print, interest rate hike and a conference from Federal Reserve chair Jerome Powell.

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Bitcoin traders cross fingers in hopes that a positive Fed meeting triggers a run to $18K

December 12, 2022 by

All eyes are on this week’s Federal Reserve meeting, and BTC traders hope that positive strides against inflation trigger a run to $18,000.

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Bitcoin could reach $1M in 5 years due to fiat currencies’ collapse, says Samson Mow

December 12, 2022 by

The future collapse of fiat currencies could propel Bitcoin to $1 million in the next five to 10 years, according to Jan3 CEO and Bitcoin proponent Samson Mow.

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