Top crypto funding stories of 2022
2022 was a record-breaking year for blockchain and crypto VCs. Depending on who you ask, that’s either a good thing or a bad thing. Go to Source Powered by WPeMatico
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Proof of reserves is becoming more effective, but not all its challenges are technical
PoR is benefitting from intense development efforts, but in the final analysis good conduct requires good regulation and a culture of compliance. Go to Source Powered by WPeMatico
Sam Bankman-Fried denies moving funds from Alameda wallets
The former FTX CEO denied moving the funds saying; “I’m not and couldn’t be moving any of those funds; I don’t have access to them anymore.” Go to Source Powered by WPeMatico
Bithumb’s largest shareholder executive found dead following allegations of embezzlement
Mr. Park Mo was found dead after an investigation had been launched against him for embezzlement and stock price manipulation. Go to Source Powered by WPeMatico
FTX’s Liquid exchange hopes to return customer assets next year
The exchange said it intends to outline further details in a report in January 2023. Go to Source Powered by WPeMatico
Blockchain analytics unable to prevent FTX-level illicit schemes
Blockchain tracker Whale Alert has attempted to scan FTX’s historical balance checks to find out whether it was possible to spot the collapse sooner. Go to Source Powered by WPeMatico
FTX Customers File Class Action to Claim Assets Within Bankruptcy Case
A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the bankruptcy case in Delaware, seeks a court ruling recognizing that their holdings with the trading platform belong to them rather than the failed company. Customers … Read more
Mark Cuban to Bill Maher: ‘If you have gold, you’re dumb as fuck… Just get bitcoin.’
The billionaire owner of the Dallas Mavericks confirmed to Cointelegraph that he practices what he preaches, stating he does not own any gold himself. Go to Source Powered by WPeMatico
Near Project’s Octopus Network lays off 40% of its staff amid crypto winter
The remaining workforce is also expected to take 20% pay cuts, the project’s founder said. Go to Source Powered by WPeMatico
Japan to lift the ban on foreign stablecoins like USDT in 2023: Report
None of the 31 crypto exchanges registered with Japan’s Financial Services Agency are currently offering trading in stablecoins like USDT or USDC. Go to Source Powered by WPeMatico