Crypto Exchange Zipmex to Seek Creditor Support for Recovery Process: Source
The goal is to fully reactivate customer withdrawals once creditors have approved the plan in a vote.
Read MoreUS Rings Crypto Warning Bell That Regulators Say Only Congress Can Silence
There are hazardous gaps in how crypto is overseen, according to U.S. Treasury Department officials briefing the Financial Stability Oversight Council (FSOC) – restating a view that’s long been adopted
Read MoreFTX and Crypto Bust Show Capitalism’s Limits
Investors have been led astray by misleading signals from the market. It enticed them to go “all in” on centralized exchanges rather than focusing on real-world use cases for tokenized
Read MoreThe Faulty Moral Universe of Sam Bankman-Fried
His legal-scholar mother, Barbara Fried, believed personal responsibility was an outdated concept. Did those ideas create a monster?
Read MoreBasel Committee Endorses Global Crypto Banking Rules to Be Implemented by 2025
The rules suggested that a banks exposure to certain crypto assets must not exceed 2% and should generally be lower than 1%.
Read MoreCrypto Trading Firm Amber Group Raises $300M Series C After FTX Contagion
The collapse of FTX had impacted some of the trading firm’s products and customers, increasing the need to quickly raise additional capital.
Read MoreCrypto Exchange Gemini Back Online After Being Down for Over Seven Hours
The crypto exchange had paused withdrawals for its yield product recently.
Read MoreEU Rules for Distributed Ledger Financial Trading Finalized Ahead of March Pilot
Requirements to test people’s knowledge of distributed technology could deter the average retail investor, some worry.
Read MoreBinance Proof-of-Reserves Auditor Mazars Pauses All Work for Crypto Clients
Mazars other clients included Crypto.com and KuCoin.
Read MoreBitcoin Few Weeks Away From Its First Weekly Chart ‘Death Cross’
Bitcoin has never seen a death cross on its weekly chart before and the ominous-sounding indicator has a bad reputation of trapping sellers on the wrong side in traditional markets.
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