Cryptocurrency Analysis and News Portal
Former NYSE President’s firm competes with two others to acquire and relaunch FTX. According to reports from the Wall Street Journal, Tom Farley, previous head of the New York Stock Exchange, is among the top three bidders likely to purchase FTX and potentially relaunch the bankrupt exchange. This development could signal
Read More
"Whether in wholesale form – as a type of digital central bank reserve – or retail form – as a digital banknote – it is increasingly clear, at least to me, that these new forms of money will sit at the core of the future financial system," Carstens said in
Read More
Ripple chief legal officer Stuart Alderoty has expressed reservations about the recent string of legal defeats suffered by the United States Securities and Exchange Commission during Gary Gensler’s tenure. These remarks follow another setback for the SEC in the Fifth Circuit Court after Ripple’s victory in the XRP lawsuit in
Read More
The chief artificial intelligence (AI) scientist at Meta has spoken out, reportedly saying that worries over the existential risks of the technology are still “premature,” according to a Financial Times interview. On Oct. 19 the FT quotes Yann LeCun as saying the premature regulation of AI technology will reinforce dominance of
Read More
Coinbase crypto exchange chief legal officer Paul Grewal called on the crypto community to join the movement against the United States Treasury’s proposed tax reporting regulations on cryptocurrencies. Grewal urged the community to oppose the proposed regulations, as they could set a dangerous precedent for surveillance.Grewal took to X (formerly
Read More
Former FTX’s head of engineering Nishad Singh spills the beans over reckless expenditure of customers’ funds by Sam Bankman-Fried. He also admits to being part of these crimes. During his trial at the Manhattan Federal court on Monday, October 16, FTX chief of engineering Nishad Singh disclosed the reckless spending
Read More
Coinbase’s tax leader has requested the IRS to reconsider its proposed cryptocurrency tax guidelines. Coinbase, one of the prominent digital asset platforms, has openly objected to the U.S. Treasury Department’s new propositions on digital asset transaction reporting by brokers. The company’s chief concerns center around potential invasions of user privacy and
Read More
Kristina Campbell, the chief financial officer of Ripple, has left the crypto payments platform for a comparable position at the virtual healthcare provider Maven Clinic.According to Campbell’s LinkedIn, her employment at Ripple ended in October after more than 2 years without explanation other than a “memorable” time at the crypto firm.
Read More
The SEC’s recent approval of Ethereum ETFs confirms its status as a non-security, says former CFTC Chairman Brian Quintenz, who is currently a head of policy of a16z crypto. On Oct. 2, the financial market welcomed a total of nine ETF products aimed at tracking futures contracts linked to Ether, the
Read More
Central banks worldwide must be proactive in adapting to the fast-evolving crypto landscape, urged Cecilia Skingsley, the head of the Innovation Hub
Read More