Regulation
Liquid Global, Crypto Exchange Owned by FTX, Halts Withdrawals
The Japanese exchange lost $90 million in an attack in 2021. Source link
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Privacy-Enhancing Crypto Coins Could Be Banned Under Leaked EU Plans
Under the Czech plans, crypto asset providers would be obliged to verify customers’ identity even for occasional transactions of under 1,000 euros ($1,040), and to probe the nature and purpose of the business for larger […]
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Prominent FTX Backer Sino Global Regrets Its ‘Misplaced Trust’ in the Exchange
“Our direct exposure to FTX exchange was confined to mid-seven figures held in custody. Our investment into the equity of FTX was made prior to the launch of our fund, and we did not invest […]
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Renewed Bitcoin Market Swoon Has Put Price Support At $13K in Crosshairs: Technical Analysis
“From a technical perspective, bitcoin has now broken below $18,000, which was an area of support in recent weeks. The next levels to watch are $13,500, the 2019 high, and $12,500 (the 3Q20 high),” strategists […]
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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
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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 […]
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White House Goes Back to the Future With FDIC Chair Pick Gruenberg
Gruenberg, who has served on the FDIC board for a record 17 years after working for Democrats on the Senate Banking Committee, has been a reliable proponent of tougher financial rules, though his position on […]
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Sam Bankman-Fried’s Unceremonious Exit Leaves ‘Alameda Gap’ in Crypto Markets
The fall of a big player in the crypto trading sector has created a domino effect: lack of liquidity, according to a new report from Kaiko Research. Source link
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Bitcoin Miner Bitfarms Pays Down $27M of Debt
The miner is trying to improve its liquidity during the crypto bear market. Source link
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Rebuilding Trust in Crypto’s Founding Mission
The instinctive reaction, then, familiar to all who have had trust broken, will be to vow to never be that vulnerable again. In finance, we do now have the technology to facilitate a relatively trust-free […]