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Report: Luno Africa Says Customers and Operations Not Affected by Turmoil at Genesis Capital
25.11.2022
Just days after reassuring concerned customers, Marius Reitz, the general manager of crypto exchange Luno Africa, recently reiterated the company has not been impacted by Genesis Capital’s decision to pause withdrawals. He added Luno customers still have access to funds in the savings wallet...
CoinList addresses 'FUD' on withdrawals, cites technical issues for delays
25.11.2022
CoinList blamed “custodian issues” with one suffering an outage affecting “many tokens” on the platform as the reason for reported withdrawal problems
NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts
25.11.2022
New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking Americans should not have to worry about their retirement savings being wiped out due to risky bets on unstable assets like cryptocurrencies,”...
Elon Musk Confirms Bankman-Fried Owns 0% of Twitter Despite Reports Claiming a $100M Stake
25.11.2022
Tesla CEO and Twitter chief Elon Musk has clarified that Sam Bankman-Fried, former CEO of collapsed crypto exchange FTX, does not own any stake in Twitter. This followed an article published by a Bankman-Fried-backed publication suggesting that Musk took $100 million from the former FTX executive....
Turkey Investigates Former FTX CEO Sam Bankman-Fried for Fraud, Seizes Assets
25.11.2022
The Turkish government has launched an investigation on the former chief executive of failed cryptocurrency exchange FTX, Sam Bankman-Fried. According to local media, the authorities in Ankara have also seized assets belonging to the founder of the troubled coin trading platform. Turkey’s Financial...
Hollywood, Streaming Giants Scramble for Movie Rights to FTX Saga
24.11.2022
After the FTX collapse, the story seems as though it came from a financial thriller based on fiction and made-up characters. However, the story and the people behind it are very real and today’s streaming giants like Amazon, Apple, and Netflix are vying to get the rights to tell the FTX tale....
Bybit launches $100M support fund for institutional traders
24.11.2022
Institutional trading firms have faced financial losses and operational difficulties in the wake of the FTX collapse
New York Times Gets Mocked for Allowing Sam Bankman-Fried to Speak at Dealbook Summit
24.11.2022
The former FTX CEO Sam Bankman-Fried (SBF) says he plans to speak with Andrew Ross Sorkin at the annual New York Times Dealbook Summit on Nov. 30, according to a tweet he published on Nov. 23. SBF’s tweet received quite a bit of response and its unconfirmed as to whether or not the former...
Today in Crypto: FTX Miniseries on Prime Video, Hodlnaut Under Police Investigation, Cardano-Based Ardana Stops Development
24.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: FTX Miniseries on Prime Video, Hodlnaut Under Police Investigation, Cardano-Based Ardana Stops Development
Crypto Self-Custodying Offers Protection Amid FTX Exchange Fallout
24.11.2022
Huge losses of funds at FTX have shaken the trust of crypto investors, but private keys and crypto wallets can protect investors from fraud and mismanagement
The future of Web3 after the FTX saga
24.11.2022
It seems a month can’t go by at the moment without some industry-altering news coming out and sending Web3 into another tailspin. This month’s focus has been FTX, a centralized cryptocurrency exchange that was worth over $32 billion at the beginning of 2022. Fast forward to November, and...
Sam Bankman-Fried Will Speak at Conference Alongside Ukraine President Volodymyr Zelensky and US Treasury Secretary Janet Yellen Despite Ongoing FTX Investigation
24.11.2022
FTX founder Sam Bankman-Fried will speak during the New York Times' annual DealBook Summit alongside Ukraine President Volodymyr Zelensky and US Treasury Secretary Janet Yellen despite the ongoing investigation against his failed venture FTX.
The full-day event, which will be on November 30, will...
UAE regulator revokes FTX license amid the exchange collapse
24.11.2022
Dubai regulators noted that no clients were exposed as FTX MENA was still in the preparation phase before getting fully approved to operate
Study: 6,100 Crypto ATMs Installed in 2022, Figure 3 Times Less Than in Previous Year
24.11.2022
New data has shown that as many as 6,100 crypto and bitcoin automated teller machines were installed in the first eleven months of 2022. The latest figure is approximately three times less than the ATMs that were installed in 2021. The data shows that the United States, which has over 34,000 crypto...
Ripple CTO Comments on FTX Collapse, Says it Can Happen Again With Other Exchanges Unless This Happens
24.11.2022
As the sudden collapse of major crypto exchange FTX continues to ravage through the markets across the world, David Schwartz, the chief technology officer of U.S. blockchain company Ripple, believes that only enforcing a system of automatized checks and balances can prevent various crypto...
Bahamas Securities Regulator Blasts 'Inaccurate' Accusations Made by FTX
24.11.2022
The Securities Commission of The Bahamas said FTX "misrepresented" the regulator's move to secure the embattled exchange's assets against hacks in bankruptcy court filings in the U.S
IMF Blog: Better Regulation of Africa’s Growing Crypto Market Urgently Needed
24.11.2022
A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post on the IMF blog has said. The blog post reiterated the IMF’s belief that risks to a country...
Recent FTX hacks prove it was right to ‘secure’ its assets: Bahamian regulator
24.11.2022
The Securities Commission of The Bahamas said the continued hacking attempts on FTX prove it made the right call to "secure" FTX's digital assets
FTX miniseries gets go ahead, covering the ‘most brazen frauds ever committed’
24.11.2022
The Russo’s are reported to have said that FTX “is one of the most brazen frauds ever committed” in their reasoning for wanting to create the show
Ripple CTO Says One Important Lesson From FTX Meltdown ‘Will Not Be Learned’
24.11.2022
A Ripple executive says there is one important lesson from the meltdown of crypto exchange FTX that he “can say with total confidence will not be learned.” The executive added: “Regulation that punishes after the fact won’t catch it. Investor due diligence won’t...