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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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Investors chase Web3 as blockchain industry builds despite bear market

December 9, 2022 by

Cointelegraph Research asked top venture capitalists and industry professionals, “What is Web3, and what does it mean for the industry?”

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BTC price tests $17K on PPI as Bitcoin analysts eye CPI, FOMC catalysts

December 9, 2022 by

Bitcoin begins to deal with fresh U.S. macro cues as BTC price steadily holds $17,000 support.

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CZ and SBF duke it out on Twitter over failed FTX/Binance deal

December 9, 2022 by

The former FTX CEO claimed that Binance “threatened to walk at the last minute” without an additional $75 million, accusing CZ of lying about his role in the deal.

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Amber Group ditches expansion plans after denying insolvency: Report

December 9, 2022 by

Temasek-backed Amber has raised about $50 million in funding from a new sovereign fund, with the deal to be announced in January.

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SBF ‘willing’ to testify at Senate hearing on the FTX collapse

December 9, 2022 by

Despite missing a response deadline, Sam Bankman-Fried says he’s willing to testify at a U.S. Senate hearing into the collapse of FTX.

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Bitcoin mining project in Kenya helps power rural community

December 9, 2022 by

Gridless Compute, a hydro-powered Bitcoin mining initiative, tweeted that the project has successfully powered a rural community and lowered its existing energy rates.

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What is stagflation, and how could it impact the cryptocurrency markets?

December 9, 2022 by

What is stagflation, how to fight it with crypto and how are the cryptocurrency markets impacted by high inflation and economic downturn?

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UK pushes crypto efforts forward through financial services reforms

December 9, 2022 by

The reforms include regulating stablecoins as a means of payment and creating a sandbox where firms and regulators can test new financial technologies.

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NFTs could help solve diamond certification fraud

December 9, 2022 by

Non-fungible tokens are being used to serve as digital GIA diamond certificates to ensure immutability, transparency and proof-of-ownership.

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NFTs, Nonprofits and Longevity Intersect at Art Basel Miami

December 9, 2022 by

NFT artist Nikita Replyanski on the future of NFTs, his work with the Longevity Science Foundation, and art as community building.

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Remote work triggers move to DAOs in the post-pandemic world: Survey

December 9, 2022 by

A survey from a sample of the general U.S. public suggests that millennials are more likely to join a DAO than any other age group.

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Coinbase takes a shot at Tether, encourages users to switch to USDC

December 9, 2022 by

Coinbase’s request comes just a couple of months after Binance ceased support for USDC.

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FTX reportedly gets 3 more months to stop all operations in Japan

December 9, 2022 by

Japanese authorities have postponed FTX Japan’s suspension deadline because the firm has so far failed to return assets from custody to creditors.

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Turkey has an obsession with crypto — specifically Dogecoin: Study

December 9, 2022 by

A new study reveals Turkey in second place for crypto-related searches worldwide and first place for Dogecoin-related searches.

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Bitcoin price targets stretch to $19K as BTC jumps 4% from daily lows

December 9, 2022 by

Bitcoin retains $17,200 after an overnight squeeze takes BTC price action to within reach of one-month highs.

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Kevin O’Leary lost the $15M he was paid to be FTX’s spokesperson

December 9, 2022 by

Kevin O’Leary fessed up to making a massive mistake with FTX, and is working to find out where his money went amid the bankruptcy.

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7 class action lawsuits have been filed against SBF so far, records show

December 9, 2022 by

Sam Bankman-Fried has been the subject of many lawsuits and investigations since the collapse of FTX, with more likely to follow.

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Approach with caution: US banking regulator’s crypto warning

December 9, 2022 by

The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management.

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Sam Bankman-Fried misses deadline to respond to testimony request, now what?

December 9, 2022 by

The Senate banking committee set a deadline for Sam Bankman-Fried to respond to the request on Dec. 8 at 5pm ET.

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What’s in and what’s out for Ethereum’s Shanghai upgrade

December 9, 2022 by

A tentative timeline of March 2023 has been set for the Shanghai upgrade which will enable staking withdrawals, a list of EIPs have also been packaged in but EIP-4844 didn’t make the cut.

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GameStop to drop crypto efforts as Q3 losses near $95M

December 9, 2022 by

The gaming company has stopped its cryptocurrency-related focuses but is seemingly still pushing ahead with its NFT and blockchain plans.

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FEC probe demanded after SBF ‘admitted’ to making dark money donations

December 9, 2022 by

Sam Bankman-Fried previously told crypto vlogger Tiffany Fong in an interview that all his republican donations “were dark.”

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