US lawmakers question federal regulators on banks’ ties to crypto firms
“FTX’s collapse shows that crypto may be more integrated into the banking system than regulators are aware,” said Senators Elizabeth...
Month: December 2022
SEC calls on firms to disclose exposure to crypto bankruptcies and risks
The Securities and Exchange Commission corporate finance division reminded companies of what they are required to disclose and provided guidance...
US lawmakers introduce bill aimed at reporting on crypto miners’ potential environmental impact
The Crypto-Asset Environmental Transparency Act would instruct the Environmental Protection Agency to report on crypto mining activity consuming more than...
DMI finds CBDCs not targeting cross-border payments, huge potential in metaverse
The Digital Money Institute’s third annual payments report looks at central bank digital currencies for the first time, as well...
Ren protocol warns users to unwrap tokens or risk losses as upgrade looms
The team stated on Twitter that deposits would be disabled “shortly” and withdrawals within 30 days. The developers of bridging...
Bitcoin Price Prediction for Today, December 8: BTC/USD Sticks in a Tight Range Below $17,000
The Bitcoin price prediction shows that BTC is still in a tight range as the market sentiment declines from optimistic...
FTX-Hosted NFTs Point to Broken Metadata, Issue Illuminates Flaws With NFTs Tied to Centralized Clouds
On Wednesday, non-fungible token (NFT) supporters discovered that NFT metadata hosted on the platform FTX US points to broken metadata,...
FTX’s Odd Relationship With Vertical Farming Firms — A Look at Exchange Boss Ryan Salame’s and Bahamian PM Philip Davis’ Trip to 80 Acres
After discovering that ten holding firms associated with FTX Digital and Alameda Research invested roughly $5.4 billion into nearly 500...
Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform
According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX...
Biggest Movers: LTC, ATOM Extend Declines, Hitting 10-Day Lows
Litecoin fell for a third consecutive session on Thursday, as the token continued to move away from recent highs. Cryptocurrencies...
Countries and institutions move into crypto despite market drop: Report
November saw a reduction in BTC mining revenue for publicly traded miners, a decline in venture capital investment, and signals...
Paradigm releases ‘Ethereum for Rust’ to help ensure network stability
A previous version of Ethereum for Rust had been released by Erigon in June, but the Erigon team stopped supporting...
Total crypto market cap falls to $840 billion, but derivatives data shows traders are neutral
Regulatory pressure continues to limit each upside breakout, but data shows some compelling reasons for an eventual crypto market rally....
BlockFi employees were discouraged from describing risks in internal communications: Report
According to a former employee, an internal team at BlockFi raised concerns about the borrower pool being too concentrated among...
ApeCoin Price Prediction Today, December 8, 2022: APE/USD Price Bounces off Resistance
ApeCoin Price retraced lower levels, after nearly testing a strong resistance level of $4.2640. However, it appears this crypto may...
