The Department of Justice doesn’t want lawyers tipping off their clients about investigations, a representative cautioned. “We recommend that the private sector, when we are dealing with DeFi or...
Category: Crypto
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Robert Kiyosaki Says Bitcoin Isn’t the Problem — Calls Former FTX CEO the ‘Bernie Madoff of Crypto’ – Featured Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says bitcoin is not the problem following the collapse of cryptocurrency exchange FTX. Kiyosaki believes that former FTX ...
Newly Elected US House Whip Emmer Downplays FTX Meltdown, Cheers Crypto
Crypto advocates in Washington routinely maintain that crypto policy is a non-partisan issue that can move forward even in a divided Congress. However, this week’s rhetoric from Democrats such as Sen....
Yellen calls for ‘more effective oversight’ of crypto markets
The collapse of crypto exchange FTX is proof digital asset markets need more effective oversight, according to U.S. Treasury Secretary Janet Yellen. “Further interconnections of the traditiona...
Crypto Lending Arm of Genesis Suspends Withdrawals
8 hours ago | 2 mins read Defi News Genesis will go into further depth about its strategy with clients next week. Its derivatives division has around $175 million stashed up in its FTX trading account...
Does FTX Collapse Increase Crypto Funds Inflows?
Recent months have been quite rough for crypto users as major projects got rugged or exploited or may be accidentally losing users’ funds. For crypto investors the whole year did not seem favora...
Binance secures Abu Dhabi regulator’s green light to offer crypto-services
Abu Dhabi has granted regulatory approval to leading cryptocurrency exchange Binance to offer its crypto-services to professional clients. The exchange received a Financial Services Permission (FSP) f...
Technical audit shows LFG didn’t misappropriate funds as it tried to defend TerraUSD peg – crypto.news
An on-chain audit commissioned by the Luna Guard Foundation (LFG) and Terraform Labs (TFL) to provide transparency into the actions of the two organizations in their unsuccessful defense of the TerraU...
SEC Enforcement Remains Focused on Crypto — Chair Gensler Says He’s ‘Impressed’ With Enforcement Results – Regulation Bitcoin News
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 ...
Ripple Wants UK to Craft Regulatory Framework for Crypto
Ripple published a new whitepaper explaining how the UK can take a lead in establishing crypto standards making it one of the attractive centers for the crypto industry, such as Dubai, Singapore, and ...
The Troubling Past of Matt Damon’s Crypto.com CEO Resurfaces
The unexpected bankruptcy of FTX, one of the largest cryptocurrency exchanges in the world, caused an earthquake in business and political circles. The magnitude of the shock reflects the central rol...
Crypto exchange Gemini reports broad outage, says client funds ‘secure’
UPDATE (1:35 p.m. ET): Gemini says its services have been restored following the outage. Gemini’s crypto exchange is offline. The outage is affecting a number of services, including its tr...
Runfy Have Market Potential Compared To Binance Coin?
SPONSORED POST* The cryptocurrency market is filled with potentially profitable tokens. Accordingly, the upcoming fitness crypto, Runfy (RUNF), is set to join the list of high-potential cryptocurrenci...
FTX Contagion Hits Winklevoss Twins as Crypto Lenders Come Under Fire
(Bloomberg) — The fallout from the rapid collapse of Sam Bankman-Fried’s FTX is spreading across the crypto world, ensnaring the billionaire Winklevoss twins through a liquidity squeeze at their...
UAE Unveils First Blockchain-Based Commercial Court Amid Growing Crypto Adoption ⋆ ZyCrypto
Advertisement     Abu Dhabi’s financial hub aims to enhance the efficiency of commercial litigation with blockchain technology. The Gulf country is also exploring the ...
Institutional Crypto Lender Genesis Trading Halts Withdrawals, Citing 3AC and FTX Collapse
An institutional crypto brokerage is halting customer withdrawals, citing the downfalls of Three Arrows Capital (3AC) and FTX. In a recent announcement, blue-chip crypto lender Genesis says that while...
Crypto Hater Roubini Says He Is Not Attacking CZ of Binance, But There’s a Catch
Yuri Molchan Nouriel Roubini criticizes CZ as Binance lands license to operate in UAE Contents “Dr. Doom” calls for CZ to be sent out of UAE Binance gets license from UAE regulators Promin...
Shark Tank’s Kevin O’Leary says he would back SBF again – crypto.news
Despite the current FTX turmoil significantly impacting the crypto craze, some crypto enthusiasts like Kevin O’Leary (Mr. Wonderful) still have faith in the ill-fated company‘s founder. Why O’Leary s...
FTX’s Domino Affect Still Underway-Crypto Markets Including Bitcoin May Remain Bearish Indefinitely!
The FTX crisis is not believed to stop right away, as the contagion is likely to spread wider, trapping more institutions or platforms. The Bitcoin price is currently trading between the interim resis...
CFTC Chair Calls for International Coordination Between Regulators for Crypto Industry
The head of the U.S. Commodity Futures Trading Commission (CFTC) says financial regulators around the world should coordinate to effectively oversee the crypto industry. In a new interview with CNBC, ...
SHIB, XRP Show Strength As Crypto Market Begins Recovery
Shiba Inu (SHIB) and XRP have shown strength in the present recovery in the market. The crypto market decline had been triggered by the FTX collapse, and even now, the negative effects are still being...
US national crypto laws should look like New York’s, says state regulator
The superintendent of the New York Department of Financial Services (DFS) joined a nationwide regulatory discussion in the aftermath of the FTX collapse with a fresh take. Adrienne Harris believes tha...
California Launches Online Platform to Tackle Crypto Scams
The website offers crypto educational materials and new scam tactics. In a bid to tackle growing cryptocurrency-related scams, the California Attorney General’s Office has announced the launch ...
The main wallets for Bitcoin and crypto
There is a lot of talk these days about non-custodial wallets for Bitcoin and crypto. Indeed, the FTX case, which caused all its users to completely lose possession of the tokens they were storing on...
U.S. House committee to hold hearing on FTX collapse and crypto fall out
The House Financial Services Committee will hold a hearing next month on FTX’s collapse and the broader implications for the digital asset industry. The committee says it expects to hear from “t...
FDIC to prioritize crypto risk assessment amid rising interest among banks
Disclaimer: Based on FDIC’s response to Cointelegraph, the article has been updated to confirm that the banks reported a solid Q2 performance by earning a combined net income of $64.4 billion. I...
Breakpoint 2022: Overview and impressions of the Solana crypto event
Once again the Solana community got together for a tremendous 3-day conference in Lisbon, Portugal, to discuss the latest trends and perspectives in the world of crypto. 200+ speakers and 3,500+ atten...
Crypto Hedge Fund Ikigai Caught in FTX Collapse, Large Majority of Firm’s Total Assets Stuck on Exchange: Founder
The crypto hedge fund Ikigai says most of its assets are stuck on the collapsed FTX digital asset exchange. Ikigai founder and Chief Investment Officer Travis Kling tells his 89,900 Twitter followers ...
Crypto Villains Return as SBF’s Empire Collapses. Nobody Wants to Hear It.
Key Takeaways Key figures who have sullied their own reputations have reemerged to criticize the newest member of the failed founders’ club. Sam Bankman-Fried’s fraud arguably dwarfs that ...
Crypto Venture Firm Sino Global Reveals ‘Mid-Seven Figures’ Exposure to Bankrupt FTX
Sino Global, a blockchain and digital assets-focused investment firm, today revealed losses suffered due to its exposure to the collapsed crypto exchange FTX, however, insists it continues operations ...
Binance CEO Says Hold, But Don’t Buy Crypto
Binance CEO Changpeng Zhao cautioned against investing during this period of upheaval, but is confident about the crypto market recovery. During a recent AMA on Binance’s Twitter page, the exchange’s ...
How the SEC-Ripple (XRP) Lawsuit will change the crypto market…
Ripple’s XRP is a divisive asset within the cryptocurrency community. Many enthusiasts believe it holds the key to mass crypto adoption and could land itself in the unique position of having SEC clari...