Singapore central bank explains why Binance was on its alert list, but FTX wasn’t
The Monetary Authority of Singapore (MAS), the country’s central bank, released a statement Nov. 21 to address “some questions and misconceptions that have arisen in...
‘Substantial amount’ of FTX’s assets stolen or missing — Bankruptcy counsel
James Bromley, a partner at law firm Sullivan & Cromwell representing debtors in FTX’s bankruptcy case in the District of Delaware, has said that assets...
Polkadot (DOT/USD) claims a new yearly low. Where will the cryptocurrency go next?
Polkadot (DOT/USD) could be headed to $4 next. That was after losing 3.5% on Tuesday to claim a new low in the year of $5....
Tornado Cash developer Alexey Pertsev to stay detained until next year’s hearing
Detained Tornado Cash developer Alexsey Pertsev will spend another three months in custody in the Netherlands, according to a court hearing held on Nov. 22.Cointelegraph...
Binance will not invest in lending platform Genesis: WSJ report
Crypto lending platform Genesis is currently struggling and could be in need of investors to enable it to maintain its operations. Cryptocurrency exchange Binance will...
The Reserve Bank of India to launch a retail CBDC pilot in December
Having tested the wholesale usage of its central bank digital currency (CBDC), the Reserve Bank of India (RBI) is preparing to conduct the retail pilot...
FTX ordered to pay reimbursement fees to Bahamian regulators
The bankrupt cryptocurrency exchange FTX’s trouble continues to mount with each passing day, with the latest coming from the Bahamas, once its headquarters.The Supreme Court...
The SEC should extend customer protection to crypto, says Stifel’s CEO
Ron Kruszewski has urged the United States Securities and Exchange Commission (SEC) to extend customer protection to crypto. Ron Kruszewski, the CEO of Stifel Financial,...
Hong Kong believes stablecoin volatility can spillover to traditional finance
The fall of crypto giants this year reignited questions about the stability of cryptocurrencies and their impact on fiat ecosystems. Hong Kong Monetary Authority (HKMA)...
SBF, FTX execs reportedly spend millions on properties in the Bahamas
The latest revelation from the FTX case reveals that Bahamian properties worth millions were bought in the company name. FTX, at the time operated by...