Swyftx cuts 35% of staff as it braces against ‘worst-case scenario’
The Australian crypto exchange said while it had no exposure to FTX, it was "not immune" to its fallout. Australian-based...
Day: December 5, 2022
Despite endless media appearances, SBF unlikely to testify on Dec. 13
One observer suggested Bankman-Fried may be reluctant to discuss FTX due to the legal implication of lying under oath to...
Crypto community baffled by SBF dictating terms over congressional hearing
Many in the crypto community pointed towards Bankman-Fried’s political donations and good Democratic connections via his parents, being one of...
Audit firm Mazars to verify KuCoin’s proof of reserves
Mazars, the former accounting firm for Donald Trump’s companies, was hired recently to audit Binance’s PoR. Crypto exchange KuCoin hired...
Standard Chartered forecasts ‘surprise’ Bitcoin downside after FTX collapse
Multinational bank Standard Chartered considers potential downside for Bitcoin in 2023 as the cryptocurrency ecosystem weathers the collapse of FTX....
Pakistan launches new laws to expedite CBDC launch by 2025
The State Bank of Pakistan signed in new laws for Electronic Money Institutions — non-bank entities offering digital payment instruments...
‘Imminent’ crash for stocks? 5 things to know in Bitcoin this week
Bitcoin gets a boost from a declining U.S. dollar, but BTC price action is anything but straight bullish, say analysts....
Ripple files final submission against SEC as landmark case nears end
The two-year-long battle between SEC and Ripple is approaching the end, with Ripple filing its final submission in its case...
Chinese court says NFTs are virtual property protected by law
The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where...
Swyftx cuts 40% of staff as it braces against ‘worst-case scenario’
The Australian crypto exchange said while it had no exposure to FTX, it was "not immune" to its fallout. Australian-based...
Novogratz’s Galaxy Digital to acquire Celsius’ GK8 in bankruptcy garage sale
The self-custody platform was acquired by Celsius in 2021 for $115 million and is now set to change hands, pending...
‘I Wanted to Punch Kanye’ — Free Speech Waffler Elon Musk’s Nonsensical Take on Bitcoin, CBDCs, and Censorship
“Vox Populi, Vox Dei, man.” So says self-proclaimed Chief Twit Elon Musk from a private jet flying high above the...
Blackrock CEO on FTX Collapse: Most Crypto Companies Aren’t Going to Be Around
The CEO of Blackrock, the world’s largest asset manager, says that most crypto companies will not be around following the...
Jim Cramer Calls FTX Co-Founder Sam Bankman-Fried a Pathological Liar, Conman, and Clueless Idiot
The host of Mad Money, Jim Cramer, says former FTX CEO Sam Bankman-Fried (SBF) is a pathological liar and a...
