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China’s state blockchain infrastructure Xinghuo BIF partners Malaysian MyEG to fuel global push

bossNovember 17, 2022 Blockchain

China’s state blockchain infrastructure Xinghuo Blockchain Infrastructure and Facility (Xinghuo BIF) has signed an agreement with Malaysian digital service provider MY E.G. Services Berhad (MyEG) to own and operate an “international supernode,” as China continues its international blockchain push.See related article: Blockchain without cryptocurrencies: How might China’s BSN change Web3?Fast

Crypto Will Soon Threaten Global Financial Stability, FSB Official Says

bossNovember 17, 2022 ICO

In the wake of FTX’s demise, the Financial Stability Board official urged authorities worldwide to move beyond sectoral boundaries and agree on global norms for the industry. Original Source

Crypto Financial FSB Global Official Stability Threaten Read More

Tether says it has no exposure to Genesis Global or Gemini Earn

bossNovember 16, 2022 Exchanges, News

Tether issued a short statement on Nov. 16 saying that it has no exposure to institutional crypto lender Genesis Global or the Gemini Earn program after the announcement that Genesis Global and the Gemini exchange were freezing withdrawals. Genesis Global is the lending partner for interest-bearing Gemini Earn. Eager to differentiate

Bitcoin cryptoexchange Earn Exchanges Exposure Gemini Genesis Global Tether Read More

Grayscale Declares ‘Business as Usual’ Despite Sister Company Genesis Global Capital Suspending Withdrawals

bossNovember 16, 2022 Bitcoin News, News

Genesis Global Capital, the lending arm of crypto investment bank Genesis Global Trading, announced the suspension on Wednesday in response to "extreme market dislocation and loss of industry confidence caused by the FTX implosion," according to Amanda Cowie, vice president of communications and marketing at Digital Currency Group (DCG), the

Business Capital Company Declares Genesis Global Grayscale Sister Suspending Usual Withdrawals Read More

Crypto lender Genesis Global halts withdrawals

bossNovember 16, 2022 Cryptocurrency Market, News

According to a new tweet by Genesis Global on Nov. 16, the institutional crypto lender said it would “temporarily suspend redemptions and new loan originations in the lending business.” In explaining the decision, the firm cited “unprecedented market turmoil” related to the collapse of troubled cryptocurrency exchange FTX, resulting in

Crypto Genesis Global Halts Lender Withdrawals Read More

Liquid Global, Crypto Exchange Owned by FTX, Halts Withdrawals

bossNovember 15, 2022 ICO

The Japanese exchange lost $90 million in an attack in 2021. Original Source

Crypto Exchange FTX Global Halts Liquid Owned Withdrawals Read More

Prominent FTX Backer Sino Global Regrets Its ‘Misplaced Trust’ in the Exchange

bossNovember 15, 2022 Bitcoin News, News

“Our direct exposure to FTX exchange was confined to mid-seven figures held in custody. Our investment into the equity of FTX was made prior to the launch of our fund, and we did not invest any LP capital into FTX,” Sino Global said in a tweet on Tuesday . Source

Backer Exchange FTX Global Misplaced Prominent Regrets Sino Trust Read More

5 reasons 2023 will be a tough year for global markets

bossNovember 12, 2022 Cryptocurrency Market, News

Those who come bearing warnings are rarely popular. Cassandra didn’t do herself any favors when she told her fellow Trojans to beware of the Greeks and their wooden horse. But, with financial markets facing unprecedented turbulence, it’s important to take a hard look at economic realities.Analysts agree markets face serious

Global Markets reasons Tough Year Read More

Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays – Exchanges Bitcoin News

bossNovember 9, 2022 Exchanges, News

Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60 billion in trade volume. Out of the top ten crypto exchanges by trade volume, exchanges saw increases

Bitcoin Coinbase Connectivity Crypto cryptoexchange Delays Exchange Exchanges Fuels Global Kraken Latency Market News Report Rout Volumes Read More

Global Money Laundering Watchdog Says Crypto Monitoring Regime Is Unchanged

bossNovember 8, 2022 ICO

Since 2018, the international body has looked to define virtual assets and service providers in order to apply guidelines for anti-money laundering (AML) and combatting the financing of terrorism (CFT) to the crypto industry. In 2021, it published updated guidance for virtual asset service providers. Earlier this year, it said

Crypto Global Laundering Money Monitoring Regime Unchanged watchdog Read More

Global

China’s state blockchain infrastructure Xinghuo BIF partners Malaysian MyEG to fuel global push

Crypto Will Soon Threaten Global Financial Stability, FSB Official Says

Tether says it has no exposure to Genesis Global or Gemini Earn

Grayscale Declares ‘Business as Usual’ Despite Sister Company Genesis Global Capital Suspending Withdrawals

Crypto lender Genesis Global halts withdrawals

Liquid Global, Crypto Exchange Owned by FTX, Halts Withdrawals

Prominent FTX Backer Sino Global Regrets Its ‘Misplaced Trust’ in the Exchange

5 reasons 2023 will be a tough year for global markets

Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays – Exchanges Bitcoin News

Global Money Laundering Watchdog Says Crypto Monitoring Regime Is Unchanged

Cryptox News

Stripe Re-Enters Crypto Payments With USDC on Ethereum, Polygon, and Solana

Cathie Wood’s ARK Invest Sells Last of Its ProShares Bitcoin Futures ETF (BITO) Shares

Kenya Establishes Working Group to Draft Rules Governing Crypto Entities

Pantera Capital wins another bid for discounted Solana tokens in FTX bankruptcy auction