Regulation
Fantom Foundation Wallets Drained; $657K Stolen
The foundation wallets of the Fantom blockchain have been drained on both Ethereum and Fantom, according to blockchain security analyst Certik. Source link
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SBF Trial: For Once, Bankman-Fried's Lawyer Lands a Punch
Sam Bankman-Fried’s former colleague, Nishad Singh, will have to answer questions from the FTX founder’s lawyer about the last few years of the exchange’s operations. Source link
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What’s Holding Crypto Back? It’s the Founders, Not Just Regulators
What’s Holding Crypto Back? It’s the Founders, Not Just Regulators Source link
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How African Students Became Victims of FTX’s Collapse
With exchanges like Binance still running ambassadorships in African countries, students have become increasingly skeptical of the programs, following their experiences with FTX. “You cannot find Binance doing campus programs in US universities and campuses, […]
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Bankrupt Crypto Exchange FTX Proposes Returning Up to 90% of Customer Funds
Binance has long been the world’s largest cryptocurrency exchange by trading volume. Still, on Monday, traders looking to buy and sell bitcoin (BTC) quickly on Binance were at a relative disadvantage to their peers on […]
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Pennsylvania Democrat Greg Vitali Scraps Proposed Crypto Mining Ban to Advance Energy Conservation Bill
“The crypto mining industry is a massive energy user,” Vitali said at the time. “Globally, crypto mining consumes more energy than the countries of Argentina and Australia. This high level of energy usage places more […]
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SBF Trial: FTX Exec Felt ‘Suicidal’ in Crypto Exchange’s Final Days
Nishad Singh told a jury on Monday that his September meeting with Bankman-Fired was the first time he realized that Alameda, FTX’s sister trading firm, had spent billions of dollars of FTX user deposits, and […]
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Bitcoin (BTC) Prices Hover Over $28K as Bulls Remain Unfazed by ETF Rumor-Driven Market Whirlwind
“Relative to other assets, the risk vs. reward (or upside vs. downside) of crypto looks much better relative to other asset classes,” said Solo Cessay, co-founder of social app Calaxy, in a note to CoinDesk. […]
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Israel Freezes 100 Binance Accounts Over Suspected Hamas Links: FT
Since Hamas stormed into Israel 10 days ago, triggering a war and a siege of the Palestinian enclave of Gaza, Israeli law enforcement has been working with the public and crypto firms to block fund […]
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Rising Bitcoin (BTC) Dominance Rate Puts Altcoins Rally, Which Started in 2021, At Risk
According to technical analysis by Fairlead Strategies, it’s likely to continue in the coming days, reversing the decline from 60% to 40% seen during the hazy crypto bull market days of March-April 2021. Investors then […]