Wednesday, April 24, 2024
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FTX May Sell $744M Worth of Grayscale, Bitwise Fund Shares Including GBTC, Bankruptcy Court Approves

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Cardano may rally; FTX Token and Borroe Finance register gains

The crypto market has been recovering. Experts are bullish on Cardano (ADA) because of its research-oriented approach and expanding decentralized finance (defi) ecosystem. FTX Token (FTT) has also registered gains despite challenges facing Binance.  On the other hand, Borroe Finance (ROE) is introducing an AI-powered fundraising marketplace to enhance defi while

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FSB points out shortcomings in multi-functional crypto-asset intermediaries highlighted by FTX collapse

The Financial Stability Board has released a report highlighting the need for additional regulations in the crypto industry, particularly in the wake of the FTX collapse, to mitigate risks similar to those in traditional finance. The Financial Stability Board (FSB), a pivotal global financial watchdog, has recently spotlighted the need for

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FTX failure reveals flaws in multifunction crypto-asset intermediaries — FSB

The Financial Stability Board (FSB) — the global body that monitors the financial services industry — released a report on Nov. 28 claiming the crypto industry might need additional regulations to prevent another catastrophe on the scale of the FTX scandal.According to the report, the FSB said the market turmoil

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