Expect crypto contagion as FTX crisis is far from over
I’m kind of getting sick of the word “contagion”. Nonetheless, it appears the C-word is coming for the digital asset space again. By now we...
US reportedly considering Bankman-Fried extradition for questioning
In the aftermath of the FTX exchange liquidity crisis and bankruptcy, United States and Bahamian authorities are reportedly discussing the possibility of extraditing Sam Bankman-Fried,...
CHZ soars by 13% today as the FIFA World Cup 2022 draws closer
CHZ has been the best performer amongst the top 50 cryptocurrencies by market cap over the last 24 hours. <Body> The broader cryptocurrency market has...
UAE regulator adopts blockchain to speed up commercial judgments
A judicial authority established by the United Arab Emirates (UAE) Federal Decree has adopted blockchain technology to save time and costs related to the enforcement...
Interest in cold storage wallets will increase, says Ledger’s CEO
Interest in cold storage wallets will increase following the crash of the FTX cryptocurrency exchange a few days ago. Pascal Gauthier, CEO of cold wallet...
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...
FDIC to prioritize crypto risk assessment as banks perform poorly in Q2
Economic uncertainty amid geopolitical tensions, rising interest rates and slowing economic growth have put a strain on the United States financial system. Reacting to the...
FTX Australia’s license suspended as 30K Aussies left in the lurch
Australia’s financial markets regulator has suspended FTX Australia’s financial license following the appointment of a voluntary administrator to help nearly 30,000 Australians and 132 Australian...
Will SBF face consequences for mismanaging FTX? Don’t count on it
Will former FTX CEO Sam Bankman-Fried be held accountable for his mismanagement of investor funds?After most of the entities tied to his cryptocurrency exchange became...
California AG issues warning-ladened guidance for public interested in buying crypto
With the cryptocurrency market becoming ever more complex and intimidating, California Attorney General Rob Bonta had decided to issue guidance for novice crypto buyers. The...