Trouble in the Bahamas following FTX collapse: Report
The locals say they are having to contend with vacant apartments and the loss of job opportunities, once provided by the collapsed exchange. Go to Source Powered by WPeMatico
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Uzbekistan issues first crypto licenses to two local ‘crypto stores’
Starting from January 2023, only licensed cryptocurrency firms will be allowed to provide cryptocurrency trading services to Uzbek citizens. Go to Source Powered by WPeMatico
Election tally: Does blockchain beat the ballot box?
With election integrity under assault in the United States and elsewhere, is blockchain technology part of the solution? Greenland explores voting options. Go to Source Powered by WPeMatico
Celsius bankruptcy victims get proof-of-claim deadline from US court
The situation surrounding the Celsius bankruptcy continues as U.S. regulators set a deadline for those affected by the situation to file a proof claim against the company. Go to Source Powered by WPeMatico
Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases
The FTX bankruptcy has left creditors, investors and industry experts questioning what will happen next — Here is what we can expect. Go to Source Powered by WPeMatico
FTX acquisition no more: Canadian exchange Bitvo backs off the deal
Bitvo has managed to back off its acquisition agreement with FTX exchange thanks to long approval process of the deal from local regulators. Go to Source Powered by WPeMatico
FDIC acting chair says no crypto firms or tokens are backed by agency
Martin Gruenberg answered affirmatively to Senator Bob Menendez that there were “no cryptocurrency firms backed by the FDIC” and its coverage did not include crypto “of any kind.” Go to Source Powered by WPeMatico
Gold Bug Peter Schiff Insists This Is ‘Not a Crypto Winter,’ Economist Says It’s More Like ‘Crypto Extinction’
Since bitcoin started falling from its all-time high last year, the economist and gold bug, Peter Schiff, made sure everyone knows that he wholeheartedly believes the leading crypto asset will fall to zero. Now that FTX has collapsed, Schiff has doubled down on his belief and he’s wasted no opportunities to dunk on bitcoin throughout … Read more
President Biden announces pick for FDIC chair
Martin Gruenberg was FDIC acting chair while the agency issued cease and desist orders to crypto firms and suggested that payment stablecoins merited further consideration. Go to Source Powered by WPeMatico
El Salvador President Bukele says Bitcoin is ‘the opposite‘ of FTX
Despite the backlash he previously received for purchasing BTC as markets crashed, Bukele cited the recent FTX collapse to explain why Bitcoin is different. Go to Source Powered by WPeMatico