European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized
The states of the European Union have convened to establish a new limit on cash…
Day: 10 December 2022
US DOJ reportedly investigating FTX CEO for siphoning funds out of the US
The anonymous informant revealed that DOJ officials met with FTX’s court-appointed overseers to discuss the…
Argentina Organizes National Blockchain Committee to Implement State Level Strategy
The government of Argentina has designated a national blockchain committee in order to establish the…
Meme Coin Economy Heals After the FTX Fiasco Swelling by $1.4 Billion in 30 Days
The meme coin economy has seen its value increase 7.77% against the U.S. dollar during…
Russia’s Interior Ministry Employs Tool to Identify Crypto Wallet Owners, Track Transactions
The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to…
Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group
This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms…
Bahamian attorneys pursue access to FTX data of international customers
The Bahamian attorneys filed an emergency motion with a Delaware bankruptcy judge requesting access to…
Crypto.com releases proof of reserves, showing above 100% for BTC, ETH
The new disclosure page allows skeptical users to self-verify that their assets are included in…
UK pushes crypto efforts forward through financial services reforms
The reforms include regulating stablecoins as a means of payment and creating a sandbox where…
NFTs, Nonprofits and Longevity Intersect at Art Basel Miami
NFT artist Nikita Replyanski on the future of NFTs, his work with the Longevity Science…
Lessons we learned from the Terraform-FTX implosions
The crises cryptocurrency experienced in 2022 served as a reminder of some classic bits of…
Data shows the Bitcoin mining bear market has a ways to go
The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns,…
CEO of crypto news site The Block resigns for failing to disclose $27M loans from Alameda Research
New CEO Bobby Moran said there was no evidence that Mike McCaffrey had “improperly” influenced…
FalconX says exposure to FTX represented 18% of its ‘unencumbered cash equivalents’
According to the crypto brokerage firm, the 18% ratio fell well within its “counterparty exposure…
Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s Alameda
On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto…