Author: Tony Pearce
Former FTX CEO is Released on $250M Bail
Reading Time: < 1 minute The Southern District of New York has just set a bail of $250 million for former FTX CEO Sam Bankman-Fried, who has been released into the care of his parents.
Pantera Capital Says FTX Crashed Because it Was Unregulated
Reading Time: < 1 minute The collapse of FTX does not mean the failure of blockchain technology or cryptocurrencies, as regulated exchanges continue to perform well.
Kazakhstan’s Authorities to Force Crypto Miners to Pay Taxes
Reading Time: < 1 minute The lower house of the Parliament of Kazakhstan has recently adopted an amended version of the draft law “On regulation of digital assets.”
Coinbase Shares Lose More Than 90% of Their Value Since Company’s Listing
Reading Time: < 1 minute The market capitalization of US-based cryptocurrency exchange Coinbase has fallen by more than ten times after it was listed on Nasdaq.
Study: DeFi Popularity in North America Reduces BTC Dominance
Reading Time: < 1 minute Between July 2021 and June 2022 in North America, decentralized finance (DeFi) accounted for 37% of total cryptocurrency transactions.
BTC Mining Difficulty Increases 3.27%
Reading Time: < 1 minute The difficulty of mining BTC has increased by 3.27% to 35.36 T after the most recent recalculation.
Tezos Launches Lima, the 12th Upgrade of its Protocol
Reading Time: < 1 minute Tezos has just announced it has activated Lima, the 12th upgrade to the protocol.
FTX’s CEO Will Not Be Extradited to the US
Reading Time: < 1 minute Sam Bankman-Fried will not challenge extradition to the US.
The Market Cap of Stablecoins Falls by 8% in 9 Months
Reading Time: < 1 minute Investors have withdrawn more than $14.3 billion from stablecoins since the start of spring.
Nasdaq: Crypto Mining Company Bitfarms May Be Delisted
Reading Time: < 1 minute Bitfarms has recently received a notice from the Nasdaq in which it has warned the company that it might be delisted for violating its rules.
Gemini Users Suffer Phishing Attacks
Reading Time: < 1 minute Cryptocurrency exchange Gemini has recently reported it has suffered a leak of user data as a result of a series of phishing attacks.
US Senator Cynthia Lummis Praises Pension Funds With Exposure to BTC
Reading Time: < 1 minute Cynthia Lummis believes Bitcoin will soon become part of the global financial system.
USDT Issuer Tether Helps Binance Swap 3 Billion USDT from Tron’s to Ethereum’s Network
Reading Time: < 1 minute Tether, the issuer of the stablecoin USDT, has helped crypto exchange Binance swap 3 billion USDT from Tron to Ethereum.
Animoca Brands and TinyTap to Auction Second Set of Publisher NFTs on December 15
Reading Time: < 1 minute Animoca Brands and its subsidiary TinyTap have just announced the second series of teacher-authored Publisher NFTs will be auctioned on NFT marketplace OpenSea starting at 19:00 (EST) on December 15.
63 Suspects of Laundering $1.7B Through USDT Are Arrested in China
Reading Time: < 1 minute The Chinese authorities have arrested 63 people in a massive operation for reportedly laundering $1.7 billion using Tether’s USDT.
Arthur Hayes: Bitcoin Has Hit Bottom
Reading Time: < 1 minute Arthur Hayes has said that BTC has hit the low of the current cycle.
Florida is US State With Fastest Adoption of Cryptocurrencies
Reading Time: < 1 minute Florida is the leader in terms of digital currency adoption and blockchain infrastructure development in the US.
US Attorney’s Office is Investigating Sam Bankman-Fried
Reading Time: < 1 minute The New York prosecutor’s office is looking into possible manipulation of the TerraUSD and LUNA markets by the founder of the cryptocurrency exchange FTX.
Gary Gensler: SEC Should Lead Global Crypto Regulation
Reading Time: < 1 minute He has recalled that the SEC has the right to request financial information from any company, including those representing the blockchain industry.
Crypto Exchange Bybit Integrates ApeX
Reading Time: < 1 minute Bybit has recently announced the integration of decentralized exchange ApeX Pro onto its platform.
Elizabeth Warren: Cryptocurrencies Should be Regulated Like Securities
Reading Time: < 1 minute US senator Elizabeth Warren believes that digital currencies in the US should be regulated using securities laws.
Audio Player Winamp Integrates Support for NFTs
Reading Time: < 1 minute Winamp has integrated support for NFTs in Ethereum and Polygon networks.
ConsenSys to Limit Storage of MetaMask User Data to One Week
Reading Time: < 1 minute ConsenSys has recently announced it will reduce the storage period of collected IP-identifiers and wallet addresses to 7 days.
Opera to Add NFT Creation Tool Next Year
Reading Time: < 1 minute Opera has recently announced it will integrate non-fungible tokens into its crypto browser.
AAX Customers Break Into Office of the Exchange in Nigeria
Reading Time: < 1 minute Clients of crypto exchange AAX have stormed the company’s office in Lagos (Nigeria).
