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Two United States senators have taken their questions about the performance of the accounting firms active in the crypto space to a higher power – the Public Company Accounting Oversight Board (PCAOB). Failure to uncover alleged criminality and poor recordkeeping at FTX has sullied the image of the PCAOB and
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Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million in Robinhood shares, Delaware bankruptcy court documents show tens of millions were spent by the FTX team in 2022 on living accommodations, hotels, food, and flights. Moreover, SBF’s quantitative trading firm allegedly owes
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Place/Date: Limassol, Cyprus - December 20th, 2022 at 1:21 pm UTC · 3 min read Contact: Anastasia Semenova, Source: 1xBit The holiday season is finally here, and it’s the most beautiful time of the year. It’s time to show your loved ones how much you care for them
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United States Commodity Futures Trading Commission chair Rostin Behnam told a Senate Agriculture, Nutrition, and Forestry Committee meeting Dec. 1 that his agency’s regulations contain “core elements that have served the markets for decades.” But as the fallout from the FTX collapse gets sorted out, notable gaps in current legislation
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The MakerDAO Risk Core Unit, a key group within the MakerDAO governance system, submitted an urgent request on Nov. 11 to change collateral parameters for the decentralized autonomous organization’s stablecoin, Dai (DAI).Primoz, a member of the Risk Core Unit team, posted the request to the MakerDAO forum.“In light of recent
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Nansen’s on-chain metrics suggest several reasons why FTX decided to sell itself to Binance. Source
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The level of price fluctuation in Bitcoin and crypto market is sometimes very discouraging. Many cryptos in 2022 have continually lost value,
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Hovering at a range between $18,800 and $19,500, the Bitcoin price is chopping out short and long positions. The current dynamics in
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FTX founder and CEO Sam Bankman-Fried have shared details on how his firm would approach a buy-up of Celsius’ tassets. The comments come in light of FTX US snapping up bankrupt crypto lender Voyager Digital’s assets for $1.3 billion via auction last week and a recent report that FTX was
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Crypto exchange Binance received a Minimal Viable Product (MVP) license from Dubai's Virtual Asset Regulatory Authority (VARA), enabling the crypto exchange to offer a range of virtual asset services to qualified retail and institutional investors, the company disclosed on Tuesday.The development follows the issuance of the provisional license granted in
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