The Crypto firm Multicoin said they expect to see the contagion fallout from FTX/Alameda over the next few weeks, and many trading firms will be wiped out and shut down. Multicoin regrets putting “too...
Tag: firms
US Financial Industry Plans To Investigate Crypto Firms’ Communications
Join Our Telegram channel to stay up to date on breaking news coverage To say that the finance market has been put inside the shredder over the past few days would be an understatement. Bitcoin barely...
FINRA is investigating communications of crypto firms
An American regulatory body has begun an examination of crypto communications practices, following the collapse of the FTX exchange. The Financial Industry Regulatory Authority, which regulates ...
Bitcoin ETF: Smartest Guys In The Room? Big Wall Street Firms Hold Bitcoin Bag
It’s not just amateurs getting hit by the Bitcoin ETF crash. The implosion is snaring big Wall Street firms and pros, too. X Goldman Sachs is the largest holder of ProShares Bitcoin Strategy ETF...
Binance Looking to Make Cross-Market Bids for Distressed Firms
Binance is also looking at acquiring the Genesis Trading loan book, which may come off as a major relief to the company’s parent firm, Digital Currency Group (DCG). Binance cryptocurrency trading plat...
FTX Court Filings Claim Firm’s Fraud and Mismanagement
The post FTX Court Filings Claim Firm’s Fraud and Mismanagement appeared first on Coinpedia Fintech News The court filings by FTX’s Bahamian liquidators claim that there are signs which point towards ...
Coalition of 42 Crypto Firms Launches CMIC Academy, Bridging Knowledge Gaps and Crypto Market Integrity Education
The publicly available training program developed through an unprecedented collaborative effort by the crypto ecosystem spans across four key learning modules, setting the bar for market integrity edu...
Market Maker DWF Labs Firms TON Partnership with $10M Investment
Crypto market maker DWF Labs has announced that it will become “a prominent supporter of the TON ecosystem.” The company is also investing $10 million in the Layer-1 blockchain network. T...
New FTX CEO Says Sam Bankman-Fried Does Not Speak on Firm’s Behalf, After SBF’s Candid Interview With Vox – Bitcoin News
Following the former FTX CEO Sam Bankman-Fried’s (SBF) interview with the New York Times and several direct text messages with Reuters, SBF recently did a much longer and more candid interview with Vo...
Head of Germany’s financial watchdog says crypto firms come with ‘freeloaders and crooks’
Mark Branson, the President of the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin), has criticized the setup of the crypto space at a period th...
Crypto firms rush to allay Genesis contagion fears as stocks crater
Crypto-related stocks plunged as Genesis became the latest victim of the FTX fallout. Bitcoin was trading at $16,593, up 0.7% from $16,479 earlier in the day. Ether gained a modest 0.5% to trad...
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 ...
bitFlyer CEO Expects FTX Contagion to Spread Across Other Firms
The shock waves of the FTX collapse have spread across the entire crypto industry. As the second-largest crypto exchange collapsed, more than $200 billion were eroded from the crypto space in a week’s...
FDIC acting chair says no crypto firms or tokens are backed by agency
Federal Deposit Insurance Corporation acting chair Martin Gruenberg said the agency does not back any crypto firms in the United States, nor does its insurance cover losses from tokens. In a Nov. 15 h...
Firms plan Australian ‘super hub’ to produce green hydrogen
This image shows part of a green hydrogen facility in Spain. A number of major economies, including the EU, are looking to develop green hydrogen projects in the coming years. Angel Garcia | Bloomberg...
FDIC doesn’t back any crypto firms or cryptocurrency, says acting head
The backstop of the U.S. banking system reiterated in a line of questioning before the Senate that its safeguards don’t extend to crypto. Sen. Bob Menendez, D-N.J., a senior member of the Senate...
Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX – Bitcoin News
After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on FTX, another crypto asset management firm called Ikigai detailed that “a large majori...
Bitcoin Mining Firms Are Finding New Ways to Stay Afloat
Bitcoin mining firms have had to do a lot to show that they are not just about extracting units from the blockchain to be added to circulation. There is a reason for this: in showing they’re not just ...
Binance Announces Recovery Fund For Crypto Firms In Liquidity Crisis ⋆ ZyCrypto
Advertisement     The giant crypto exchange aims to mitigate FTX-induced effects in the industry. Tron’s founder, Justin Sun, has pledged support for the new initiativ...
Binance Is Seeking To Revoke All API Keys From Third-party Firms
9 seconds ago | 2 mins read Exchange News CZ has specified that API keys should not be shared with any third-party services. Binance is trying to disable all the API keys used on Skyrex. Binance CEO ...
Here Is How Binance Plan To Aid Liquidating Firms After FTX
Crypto Live News The FTX exchange’s collapse has created havoc with major cryptocurrencies like Bitcoin and Ethereum losing their key price levels. Amidst this, Binance CEO, Changpeng Zhao has come up...
Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck on FTX’ – Bitcoin News
According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the hedge fund’s capital is left trapped on FTX. Galois co-founder...
New CEO John Ray III Announces Advising Firms
Beleaguered crypto exchange FTX’s new CEO John J. Ray III has announced consultant Alvarez & Marsal and law firm Sullivan and Cromwell as advisors for restructuring FTX. Ray said the Chapter 11 ba...
Russian IT Firms Lobby for Crypto Payments in Software Exports – Bitcoin News
Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting ...
Russian IT Firms Lobby for Crypto Payments in Software Exports – Coinotizia
Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting ...
EU Parliament passes cybersecurity legislation for crypto and fintech firms
The European Parliament passed the Digital Operational Resilience Act, which creates new rules on cybersecurity for crypto asset service providers. The legislation passed by a margin of 556 in ...
Circle, OKX Firms Deny Debt Exposure To FTX Alameda Research
The global crypto market registered a massive plunge on Wednesday due to the increased volatility due to Binance’s massive announcement of acquiring FTX. However, the top digital asset firms have come...
Bitcoin Miners Think Outside The Box To Survive Crypto Winter As Top Firms Look Beyond Web3 ⋆ ZyCrypto
Advertisement     Bitcoin miners are pivoting to other digital solutions as the bear market bites harder. New “hodling” strategies, hedging bets against bitcoin price...
Founders should consider VC firms their allies as they build in the bear market
This year’s bear market trajectory should be looked upon as a favorable opportunity for Web3 founders to raise capital and build cutting-edge products. Some of the most robust businesses today were bu...
Binance Helped Iranian Firms Trade $8 Billion Despite Sanctions
According to reports by Reuters cryptocurrency exchange Binance processed transactions of Iranian origin with a value of $8 billion since 2018 despite sanctions imposed by the U.S. that are intended t...