So Enron created Chewco to bid on the CalPERS position. Chewco was nominally independent, but was in fact funded, owned and run by Enron and its executives, and ultimately backed by the value of Enron’s […]
Salt announced on Tuesday it was pausing customer withdrawals due to the impact of FTX’s collapse. Source link
The Republicans had long been expected to win the House, though their eventual majority will be unexpectedly slim, and Democrats managed to fend them off from taking over the Senate. While a small number of […]
Bybit and Huobi have joined the ranks of major crypto exchanges that have publicly provided their proof of reserves. The collapse of cryptocurrency exchange FTX and its affiliated companies have triggered withdrawal suspensions across affiliated […]
As Piper’s article quickly went viral on Crypto Twitter Wednesday, Bankman-Fried, who is reportedly under federal investigation after mishandling billions of dollars in customer deposits, said he didn’t know his messages with a reporter would […]
Gemini suspended its yield-earning program, shaking users’ confidence in the exchange. Source link
Bitcoin miners are usually some of the longest holders of BTC but that is usually when the bull market is in full swing and they do not have to worry about cash flow. Currently, the […]
A third-party audit report released by JS Held on Nov. 16 revealed that Luna Foundation Guard spent $2.8 billion after the UST de-peg to come out of the debacle. Notably, it has become clear that […]
The U.S. Securities and Exchange Commission (SEC) says its Enforcement Division “remains focused on the rapidly evolving crypto asset securities space.” The securities regulator filed 760 enforcement actions in total this fiscal year. SEC Chairman […]
Bitcoin and other cryptocurrencies fell as investors chewed over the industry’s latest debacle. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets. Source link
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