Crypto Community weighs in on SBF’s ‘apology tour’
The former FTX CEO is receiving major backlash for his New York Time DealBook Summit and Good Morning America interviews. Go to Source Powered by WPeMatico
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Thai VC fund acquires troubled exchange Zipmex for $100M: Report
Zipmex reportedly plans to use crypto assets received from the acquisition to unlock frozen customer accounts on the platform by April 2023. Go to Source Powered by WPeMatico
Former FTX CEO Sam Bankman-Fried denies “improper use” of customer funds
According to the former CEO, at the time of filing for bankruptcy “FTX US was solvent.” Go to Source Powered by WPeMatico
Italy to impose 26% capital gains tax on crypto profits
The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3). Go to Source Powered by WPeMatico
Binance hires audit firm that served Donald Trump to verify crypto reserves
Mazars’ U.S. division was the longtime accounting firm for former United States President Donald Trump’s company. Go to Source Powered by WPeMatico
Huobi, Poloniex announced strategic partnership despite initial denials of a merger
The exchanges will cooperate progressively in HT coin development, liquidity sharing and global compliance, plus Huobi will monitor Poloniex for new projects to list. Go to Source Powered by WPeMatico
Kraken cuts workforce by 30% in an effort to survive crypto winter
According to the CEO, the exchange grew too fast to accommodate the fast-growing crypto ecosystem Go to Source Powered by WPeMatico
Singapore’s Temasek sees ‘reputational damage’ due to FTX, official says
Despite writing down its $275 million investment in FTX, Temasek still apparently holds its investments in many other crypto-related businesses. Go to Source Powered by WPeMatico
Libertex crypto exchange head Vyacheslav Taran dies in helicopter crash in France
Taran’s death is the third to shake the crypto world in recent weeks, following Amber Group’s Tiantian Kullander and MakerDao’s Nikolai Mushegian. Go to Source Powered by WPeMatico
Coinbase announces its wallet will stop supporting BCH, ETC, XLM and XRP, citing ‘low usage’
The crypto exchange plans to stop support for the four tokens on Dec. 5, but added any remaining funds would still be tied to users’ existing addresses. Go to Source Powered by WPeMatico