Bitcoin News / Bitcoin.com - 1 year ago
The embattled crypto exchange FTX has informed the public that the FTX parent firm West Realm Shires Services, Alameda Research, and approximately 130 additional affiliated companies have filed for Chapter 11 bankruptcy protection in Delaware.
FTX...
Bitcoin News / Bitcoin.com - 1 year ago
After it was discovered that FTX was dealing with financial issues and the crypto exchange paused withdrawals, U.S. regulators started to take notice. On Nov. 10, 2022, California’s Department of Financial Protection and Innovation (DFPI) published a...
Bitcoin News / Bitcoin.com - 1 year ago
Ethereum was trading higher on Friday, as cryptocurrency markets continued to rebound, following yesterday’s U.S. inflation report. The better-than-expected 7.7% CPI (consumer price index) figure for October boosted prices, following recent be...
Bitcoin News / Bitcoin.com - 1 year ago
The Bahamas Securities Commission has frozen the assets of FTX Digital Markets and related parties. The financial regulator said the prudent course of action is to put the crypto firm “into provisional liquidation to preserve assets and stabili...
Bitcoin News / Bitcoin.com - 1 year ago
The government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better protection for investors. The move is part of a planned overhaul of regulations in the sector aimed at increasing oversi...
Bitcoin News / Bitcoin.com - 1 year ago
The Zimbabwean central bank has said it is “conducting a CBDC [central bank digital currency] Consumer Survey to solicit opinions on the design and nature of the CBDC and its overall acceptance by the public.” The bank said the informatio...
Bitcoin News / Bitcoin.com - 1 year ago
Law enforcement and judicial authorities from Russia and Turkey are joining forces in the fight against cybercrime, including the use of cryptocurrencies for illegal purposes. The collaboration has been agreed upon during a visit by Russia’s Prosecut...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. The9 Limited (Nasdaq: NCTY) (“The9”), an established internet company, has newly announced that its NFT community NFTSTAR is releasing the next drop of exclusive NFTs in collaboration with professional Brazilian international footballe...
Bitcoin News / Bitcoin.com - 1 year ago
Twitter has filed paperwork with the U.S. Financial Crimes Enforcement Network (FinCEN) to start a payment business. Tesla CEO and Twitter chief Elon Musk explained the social media platform could offer “an extremely compelling money market acc...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Senator Elizabeth Warren says the implosion of crypto exchange FTX shows that the crypto industry needs “more aggressive enforcement.” She stressed: “I’m going to keep pushing SEC to enforce the law to protect consumers a...
Bitcoin News / Bitcoin.com - 1 year ago
Blockfi, a cryptocurrency lending platform, has announced that it is limiting the operations of its platform and pausing customer withdrawals. The company issued a letter where it states that this decision was caused by the “lack of clarityR...
Bitcoin News / Bitcoin.com - 1 year ago
On Thursday, at approximately 12:48 p.m. (ET), the embattled exchange FTX revealed that it has created a special facility with Tron. The deal allows holders of specific Tron-based coins to withdraw the tokens to external wallets on a 1:1 ratio. While...
Bitcoin News / Bitcoin.com - 1 year ago
Global investment bank JPMorgan has warned of the crypto market facing weeks of deleveraging stemming from the crisis at Sam Bankman-Fried’s crypto exchange FTX.com and trading platform Alameda Research. The firm’s analysts also predict...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. Fiat-crypto payment provider, Alchemy Pay, is bringing its mainstream-friendly services to Europe’s foremost crypto conference – London Token2049. The Singapore-based company has taken its payment network infrastructure and pivot...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are reportedly investigating cryptocurrency exchange FTX. The crypto firm is suspected of mishandling customer funds and breaking securities laws. Regulatory probes...
Bitcoin News / Bitcoin.com - 1 year ago
Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent days, a liquidity crunch has created solvency risk for FTX,” the firm stressed, adding that “The full nature...
Bitcoin News / Bitcoin.com - 1 year ago
It’s fair to say that the first ten days of November have been nothing short of historic in cryptocurrency markets. The turmoil surrounding FTX, and its all-but-confirmed collapse, seems to have eclipsed both Luna and Celsius, who also capitul...
Bitcoin News / Bitcoin.com - 1 year ago
After disclosing the trading platform Binance would share proof-of-reserves, the exchange published a blog post called “Our Commitment To Transparency.” The Binance blog post shares addresses tied to the world’s largest e...
Bitcoin News / Bitcoin.com - 1 year ago
On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder Justin...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. The authentic strategy blockchain game, PROJECT XENO, will host an NFT sale in collaboration with the most popular YouTuber with over 4.86 million followers (as of October 24), Hikaru, from November 23, 2022 to November 30, 2022.
Hikar...
Bitcoin News / Bitcoin.com - 1 year ago
On Nov. 10, 2022, FTX CEO Sam Bankman-Fried (SBF) addressed the crypto community in a thread posted to Twitter. SBF noted that he messed up and “should have done better” and also detailed that at some point he “might have more to say about a particul...
Bitcoin News / Bitcoin.com - 1 year ago
Terra classic has been one of Thursday’s biggest gainers, as crypto markets found light in the form of the latest U.S. inflation (CPI) report, which came in at 7.7%. The token was up by nearly 14% in today’s session, as founder Do Kwon ironically gav...
Bitcoin News / Bitcoin.com - 1 year ago
Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s market fluctuations have affected the decentralized finance (defi) protocol Curve’s 3pool, as the stablecoi...
Bitcoin News / Bitcoin.com - 1 year ago
During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion in...
Bitcoin News / Bitcoin.com - 1 year ago
PRESS RELEASE. Tallinn, Estonia: Swaps is pleased to announce that we have updated our platform. As a crypto and fiat payment processing company, we prioritize providing our partners with the best crypto on-ramp, off-ramp, and checkout services. Our...