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Bankrupt Crypto Exchange FTX had Around $1.4B Cash at 2022-End

1.2.2023
The figure is around 19% higher than the $1.2 billion reported in November when FTX filed for bankruptcy

Tesla’s SEC Filing Shows Bitcoin Fair Market Value of $191 Million

1.2.2023
Tesla’s latest filing with the U.S. Securities and Exchange Commission (SEC) shows that the fair market value of the company’s bitcoin holdings was $191 million at the end of 2022. In addition, billionaire Elon Musk’s electric car company recorded $204 million of impairment...

Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem

31.1.2023
Positive signs of Bitcoin's recovery can be seen in on-chain, spot exchange and futures data

Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs

31.1.2023
The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1), Bankprov stated that revenue from its digital asset loan...

FTX Debtors Seek Dismissal of Turkish Entities in Chapter 11 Bankruptcy Proceedings

31.1.2023
FTX debtors have filed a motion with the court requesting to dismiss its Turkish subsidiaries from the Chapter 11 bankruptcy proceedings. The defunct crypto exchange’s lawyers believe dismissing the entities “is in the best interests” of creditors, and FTX debtors do not believe...

Shuttered Crypto Exchange Bitzlato Says It Plans to Resume Operations: Report

31.1.2023
The exchange had been charged by U.S. and European authorities with laundering $700 million in funds tied to Russian criminals

New Revelation: Australian Regulators Probed FTX Crypto Exchange Before Its Collapse – Here's Why

31.1.2023
It has emerged that the once thriving FTX exchange had been subject to open inquiries from the Australian Securities and Investments Commission (ASIC) since March 2022. With over 30,000 Australian investors seeking to reclaim their individual deposits of up to $1M (AUD). Questions are surfacing...

Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital

31.1.2023
On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking to recover approximately...

UK Crypto Exchange Archax Launches FCA-Regulated Custody Service

31.1.2023

Binance partners with Mastercard to launch prepaid crypto card

31.1.2023
Binance recently announced a partnership with Mastercard to launch the Binance Card in Brazil. The prepaid crypto card is issued by Dock, allowing users to pay bills and make purchases via crypto. It acts as the bridge that connects traditional financial services with the crypto industry. Despite...

Here's how Kazakhstan aims to enhance its legacy crypto trading framework

31.1.2023
The Astana Financial Services Authority, a Kazakh regulator, pointed out that the existing framework dates back to 2018 while proposing certain enhancements

Russians Offered Ready-made Crypto Exchange Accounts Amid Restrictions

31.1.2023
Russian crypto traders have been looking to obtain unrestricted accounts for global exchanges as their access to such platforms is limited. Over the past year, the offering of such accounts on the dark web has increased significantly, cybersecurity experts told the Russian press. Supply of Crypto...

First Mover Asia: Centralized Exchange Tokens Post Solid Gains in January Despite SEC Interest; Bitcoin, Ether, in the Red.

31.1.2023
The tokens of Binance, Crypto.com and KuCoin are all comfortably in the green over the past month

Arbitrum-Based Vest Exchange Emerges, Aims to Democratize Perpetual Futures

31.1.2023
A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new Arbitrum dex is backed by firms such...

New York financial regulator investigates Gemini over FDIC claims: Report

30.1.2023
Many Gemini Earn users reportedly claimed assets in their accounts had been protected by the Federal Deposit Insurance Corporation

Crypto Listing and Delisting Announcements: Week 5

30.1.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here....

Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition

30.1.2023
Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then,...