Cryptocurrency Analysis and News Portal
The Washington State Department of Financial Institutions (DFI) has issued a consumer protection alert addressing the “alleged cryptocurrency exchange” known as Eucoinotrade. At least one person may have fallen victim to what appears to be “advanced fee fraud,” per the report. This is a confidence scheme that involves soliciting large sum
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After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the financial institution. Insured depositors can withdraw their funds on Monday after the FDIC took over the failed bank. Federally Insured Depositors to Withdraw Funds on
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Glenn Williams Jr. examines what politicians are saying about crypto regulation in Washington, D.C. Then, Jodie Gunzberg, managing director of CryptoX Indices, talks about the crypto sectors that continue to thrive despite the regulatory crackdown. Source
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A property linked to Sam Bankman-Fried's political spending was pulled off the market by the seller as a sign of "good faith" after being linked to FTX customer funds, the Wall Street Journal reported.The townhouse - located a few blocks from the United States Capitol, in the Capitol Hill neighborhood
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A Washington, D.C., townhome tied to FTX co-founder Sam Bankman-Fried has been listed on the market for roughly $3.28 million. The property was purchased by Bankman-Fried’s brother’s nonprofit, Guarding Against Pandemics, for the same price it is selling for today. FTX Co-Founder’s Luxury Property Suspected to Have Been Used for Wining
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I often hear from those new to Web3 or blockchain technology (including in my old TradFi world) that they “see the value of the blockchain technology, but that crypto is worthless.” Unfortunately, these comments are common by those who don’t realize that a blockchain needs native cryptocurrency to process transactions,
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Second, we need to double down on education and show the societal benefits that crypto networks provide. Decentralized finance, or DeFi, has the power to expand financial access to underserved communities, streamline business functions and democratize the digital ecosystem. By sharing that story through briefings and meetings with key policy
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Following up on the unfolding of crypto exchange FTX, the Senate Banking Committee said it wants Sam Bankman-Fried, the exchange’s founder and former CEO, to appear in person next week to discuss the collapse of the exchange. If he doesn’t voluntarily testify, the committee will subpoena him, according to a
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Following the highly criticized New York Times article that features commentary from the former CEO of FTX, Sam Bankman-Fried (SBF), the public continues to give the mainstream media flak for publishing “puff pieces” about SBF and the Alameda Research executive Caroline Ellison. A number of articles have been called out
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On Nov. 11, while the rest of the country was celebrating Veteran’s Day, Sam Bankman-Fried announced that FTX — one of the world’s largest cryptocurrency exchanges by volume — had filed for bankruptcy. Lawmakers and pundits quickly latched onto the rapid disintegration of FTX to call for more regulation of
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