Regulation
Manhattan US Attorney's Office Opens Probe Into FTX Collapse: Reuters
The investigation is one of several probes into the now-bankrupt company’s operations. Source link
Year: 2022
Ethereum
NFT Art Museum Donations? The Pros and Cons for Your Tax Bill
But for the donor, it’s a big deal. Probably the most important question is whether the donor can claim a tax deduction, and if so, for how much. Typically, when an art collector donates an […]
Bitcoin
What Is Tax Loss Harvesting? How to Save on Crypto Taxes While Still Hodling Bitcoin
Bitcoin investors can select three different accounting treatments for their bitcoin. These are Specific ID (HIFO, or highest in, first out), last-in first-out (LIFO), and first-in first-out (FIFO). Each of these methods refers to the […]
Market Analysis
Ripple Network Growth Rockets, Why XRP Bulls Can’t Expect a Breakout
The recent crypto market crash brought Ripple investors’ hopes down along with the price after XRP charted a massive run early this month. Many in the market are of the opinion that Ripple is on […]
Ethereum
Health of FTX’s US Derivatives Arm Owed to Oversight, Says CFTC Chief Behnam
As for the CFTC’s enforcement powers, when Behnam was asked whether the agency would take action against FTX, he said he couldn’t comment on specific plans. However, he pointed out the CFTC does have authority […]
Bitcoin
First Mover Asia: Bitcoin, Ether Rise Late Despite FTX Fatigue
First Mover Asia: Bitcoin, Ether Rise Late Despite FTX Fatigue Source link
Market Analysis
As FTX Loses Sponsorship Deals, Crypto.com Could be Next
With the collapse of FTX, their stadium naming rights have voided, which could have implications for other crypto sporting sponsorships. Sam Bankman-Fried’s cryptocurrency exchange became one of the most well known during its tenure, largely […]
Regulation
Binance Users Withdrew $1.35B of Bitcoin in Days Following FTX Collapse
Binance saw a net 81,712 bitcoin ($1.35 billion), or more than 15% of the roughly 500,000 bitcoin on its exchange, pulled from the platform over the past six days, according to data from CryptoQuant. In […]
Ethereum
Ikigai Asset Management Had ‘Large Majority’ of Assets on FTX, Unclear Whether It Will Be Able to Continue
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Bitcoin
Ukrainian Official Refutes FTX-Ukraine Money Laundering Rumors
As CoinDesk earlier reported, FTX was used as a platform for merchants, which would register an account and receive payment for their goods in crypto. Then those merchants could immediately turn it into fiat if […]