SBF claims to have only thousands of dollars left in bank after FTX’s collapse
SBF claims to be down to a hundred thousand dollars, with almost all of his wealth wiped out with FTX’s collapse The former CEO also...
Category : Business
Israel’s Finance Ministry recommends new guidelines for crypto regulations
The Chief Economist at Israel’s Ministry of Finance, Shira Greenburg, published a list of recommendations for the regulation of digital assets on 28 November. She...
BlockFi sues FTX’s Sam Bankman-Fried hours after bankruptcy filing
BlockFi has sued Sam Bankman-Fried for his shares in Robinhood, which was used by SBF as collateral This comes in on the same day as...
FTX faces criminal and civil investigation in the Bahamas
Minister of Legal Affairs revealed that there was an ongoing criminal and civil investigation against FTX FTX was the only registered entity in the region...
Matrixport looking to raise $100M amid industry-wide lending crisis
Singapore-based Matrixport is out to raise funds. The firm, which is among the largest crypto-lenders in Asia, is seeking a funding of $100 million amid...
Belgium’s FSMA clarifies Bitcoin, Ethereum are NOT securities
In a major win for stakeholders of the crypto-industry, the Financial Services and Markets Authority (FSMA) of Belgium has clarified that Bitcoin, Ethereum, and other decentralized...
MetaMask’s new privacy policy update evokes reactions – Here’s why
MetaMask revealed recently through its updated privacy policy that users’ data would now be recorded Negative reactions followed, at a time when the self-custody conversation...
Exec claims FTX crisis will show who the ‘survivors’ are
Following FTX’s collapse, the calls for stronger and tighter regulations are certainly getting shriller. At the same time, industry leaders are cautious yet hopeful about...
El Salvador to soon issue Bitcoin-backed bonds- Here’s everything you need to know
El Salvador’s Minister of the Economy Maria Luisa Hayem Brevé presented a digital assets issuance bill in the legislative assembly, in order to launch Bitcoin-backed...
New York governor passes moratorium on Proof-of-Work mining
The state of New York now has stricter laws on crypto mining thanks to Kathy Hochul, the governor of the state. The measure places a...