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“We're certainly disappointed that it looks like we're gonna miss our goal of launching it this year,” Lane said on Silvergate’s earnings conference call Tuesday. The company, Lane added, is working diligently to build its operational and regulatory compliance “muscle” to ensure a smooth launch. Source
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When LUNA and its sister token TerraUSD began to collapse in May, Voyager sought to determine the impact on Three Arrows and was initially told Three Arrows had only limited exposure to LUNA. Later in June, however, 3AC employee Tim Lo advised Voyager to recall all of its loans to
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On Oct. 18, the product team at cryptocurrency exchange Binance held an ask-me-anything session with users on Reddit. Of particular interest was a discussion that arose regarding retrieval fees for crypto sent on different networks than the recipient's wallet address on Binance. According to user Maxx3141, who brought up the
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Reports indicate that the bankrupt crypto hedge fund Three Arrows Capital (3AC) is facing more trouble from liquidators and financial authorities from the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). The whereabouts of the hedge fund’s co-founders Su Zhu and Kyle Davis are still unknown
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On this week’s The Market Report show, Cryptox’s resident experts discuss how much longer this crypto bear market could possibly last and when we could see some volatility back in the markets.To kick things off, we break down the latest news in the markets this week:Bitcoin price edges closer to
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BitKeep will launch a compensation portal within three days and claims it will compensate 100% of tokens stolen from users. Source
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“In the coming months and years, the Commission intends to take various steps to boost digital energy services while ensuring an energy-efficient ICT sector, including… an energy efficiency label for blockchains,” the commission added – apparently drawing a parallel with the existing disclosures that must be made to those buying
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Web3 Builders Inc, a new smart contract and non-fungible token (NFT) security startup, raised $7 million in seed funding with backers that included Road Capital and the venture capital arm of NFT marketplace OpenSea. The funding will help build out the products, add new artificial intelligence and machine learning methods,
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Mark Steward, who led the enforcement of anti-money laundering measures for crypto in the U.K., is stepping down after seven years with the Financial Conduct Authority. Original Source
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Cash-margined contracts are relatively concise and not mathematically convex, making them easier for retail investors to understand and easier for exchanges to liquidate, one volatility trader said. Source
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