Alameda Research invested $1.15B in crypto miner Genesis Digital: Report
Sam Bankman-Fried was consulted on the capital injection, which was made before crypto prices plummeted. Go to Source Powered by WPeMatico
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Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report
The issue is tied to the Gemini Earn program, which offers 8% earn interest on crypto lending and is operated by Gemini in partnership with Genesis. Go to Source Powered by WPeMatico
EU Parliament to ‘Vote on Adopting the Regulation on MiCA’ — Expert Says Industry Needs Legal Clarity
In a recent statement, the European Parliament said its members would shortly “vote on adopting the regulation on markets in crypto-assets (MiCA).” According to the parliamentary body’s think tank, the envisaged regulations are expected to provide “legal certainty for crypto-assets not covered by existing EU legislation.” A crypto counselor, Paulius Vaitkevicius, said any regulation of … Read more
FTX US ex-president reportedly seeks $6M funding to launch crypto startup
The ex-president of FTX US, Brett Harrison, is reportedly planning to launch a start-up that would build crypto trading software for big investors. Go to Source Powered by WPeMatico
US Regulator CFTC Met With Sam Bankman-Fried 10 Times Before Crypto Exchange FTX Collapsed
The chairman of the Commodity Futures Trading Commission (CFTC) has revealed that he and his team met with Sam Bankman-Fried and other FTX executives 10 times before the crypto exchange filed for bankruptcy. The regulator sees the FTX collapse as “a classic run based on liquidity crunch.” CFTC’s Meetings With FTX and Sam Bankman-Fried The … Read more
DeFi ecosystem still haunted by FTX contagion: Finance Redefined
Top-100 DeFi tokens saw a bullish wave with the start of the new month, but many DEX platforms are still haunted by FTX contagion. Go to Source Powered by WPeMatico
Never mind FTX — Fine arts institutions should still onboard to blockchain
The strategic adoption of blockchain technology still makes sense, regardless of the distraction FTX created for cryptocurrency. Go to Source Powered by WPeMatico
Dems and Reps join forces to pressure SBF to testify before Congress
“Your willingness to talk to the public will help the company’s customers, investors, and others,” said House Financial Services Committee chair Maxine Waters, addressing SBF. Go to Source Powered by WPeMatico
Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects
Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on returns for potential investors wanting to get more Web3-related capital exposure, will focus its activities on companies in the mid-to-late investment stages. Animoca Brands Plans … Read more
Mike Novogratz: Bankman-Fried is ‘delusional’ and headed to jail
The Galaxy Digital CEO alleges Sam Bankman-Fried and his cohorts perpetuated fraud and suggested they should be in jail. Go to Source Powered by WPeMatico
