Self-Custody Is the Antidote to FTX’s Fraud
And Senator Warren’s proposed bill would make transacting with self-hosted wallets much more difficult, says Representative Warren Davidson. Original Source
Read MoreAnd Senator Warren’s proposed bill would make transacting with self-hosted wallets much more difficult, says Representative Warren Davidson. Original Source
Read MoreBlockchain.com's founder and CEO, Peter Smith, believes on-chain analytics will play a significant role in locating the missing FTX funds, though it will have its limitations.On Dec. 20, Fox Business host Liz Claman said that blockchain’s selling point was that it makes crypto transactions transparent and traceable, asking Smith the
Read MoreThe meltdown of crypto exchange FTX and growing negative sentiment against centralized exchanges has forced Busan City to drop its plans.The contagion of the collapse of the crypto exchange FTX is widespread and has a widespread impact across the entire crypto space. South Korea’s blockchain city Busan has recently dropped
Read MoreFounded in early 2022, Modulo operated out of the same luxury Bahamian condominium community where Sam Bankman-Fried and other FTX employees lived. Source
Read MoreThe crypto market, like traditional finance, comprises the "buy-side" and the "sell-side." The buy-side invests in assets and includes pension funds, mutual funds, institutional investors, hedge funds and retail investors. The sell-side, which includes commercial banks, investment banks, market makers, stockbrokers and other entities, is concerned with creating, promoting and
Read MoreWith the crypto world still reeling from the FTX collapse, Brazil recently passed legislation that legalized cryptocurrency use for payments in the country. How to reconcile this with all those declarations in the West that crypto is having its “Lehman moment”? Brazil may have inadvertently revealed a cleft between the developed
Read MoreDespite assurances from founder Sam Bankman-Fried, the distinctions between crypto exchange FTX US and its international sibling were no more than superficial, John Ray III, the replacement CEO steering the company through bankruptcy, told lawmakers on Tuesday. Source
Read MoreThe worst isn’t yet over for the disgraced founder of crypto exchange FTX, Sam Bankman-Fried. On Dec. 12, the United States Securities and Exchange Commission (SEC) said it is preparing to file charges against Sam Bankman-Fried, which will be separate from the ones leading to his most recent arrest in
Read MoreFollowing the collapse of FTX and its Nov. 11 bankruptcy filing, $73 million worth of its political donations is currently at risk of being recalled to repay the failed exchange’s creditors, according to a report by Bloomberg.Speculators online allege that the former FTX CEO and his executives sought to influence industry
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