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Tornado Cash Developer Faces Money Laundering Charges, To Remain in Jail Until At Least February
23.11.2022
Tornado Cash developer Alexsey Pertsev will remain in jail for another three months after being charged with money laundering allegations for the development of the mixing service.
Pertsev, who has been held in detention for the past 100 days, was arrested by Dutch authorities over alleged...
Core Scientific in 'substantial doubt' of continuing without more cash
23.11.2022
The Bitcoin miner warned its cash reserves may be depleted by the end of 2022 or sooner as it cuts back on spending, including not making loan repayments
FTX Latest – Crypto Prices Settle But FTX Only Has $1.24 Billion Cash, Bahamas and SBF Link, Genesis on Brink, FTX Japan Withdrawals
22.11.2022
Court filings show that FTX debtor companies have a total cash balance of just $1.24 billion.
News has also emerged that US prosecutors were investigating FTX well before the company collapsed.
A summary of the balances drawn up by business consultancy firm Alvarez & Marsal and filed by Edgar...
Tornado Cash developer Alexey Pertsev to stay detained until next year’s hearing
22.11.2022
A Dutch court hearing ruled that the Tornado Cash developer would be held for another three months as the investigation continues
Tornado Cash Developer Alexey Pertsev to Remain in Jail Until at Least Late Februrary
22.11.2022
Pertsev has been in Dutch prison since August, accused of facilitating money laundering for his work on the U.S. Treasury-sanctioned app
Bitcoin Mining Giant Core Scientific Ended October with $32M in Cash
22.11.2022
Core Scientific said it might run out of cash before the end of the year and lawsuits are piling up
Sam Bankman-Fried's Crumbling FTX Empire Holds $1.2B Cash Reserves
22.11.2022
The bankrupt crypto exchange FTX owes around $3.1 billion to its top 50 creditors
Biggest Movers: BCH Climbs to 1-Week High, DOT Declines
16.11.2022
Bitcoin cash rose to a one-week high in today’s session, despite crypto markets mostly trading lower. The global cryptocurrency market cap is down by 2.45% as of writing, which comes as traders reacted to rising geopolitical tensions. Polkadot was a notable token to slip, as prices collided...
Crypto’s Political Cash Backs Winners, But New Lawmakers Will Arrive Under FTX Cloud
15.11.2022
All 19 of the congressional candidates backed by the crypto industry’s most widely supported political action committee, GMI PAC Inc., won their races last week, sending 16 new members to the House and Senate. But that positive performance is also at least somewhat eclipsed by the ongoing...
Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low
14.11.2022
The mining firm has a liquidity position of $4.5 million and outstanding principal of $138.5 million
Caribbean nation St. Kitts & Nevis may adopt Bitcoin Cash as legal tender by March 2023
14.11.2022
The country’s prime minister says it is consulting on the introduction of Bitcoin Cash on a legal basis, in spite of being within the territory of pioneering CBDC DCash
News Summary: Visa Pulls Plug on FTX Deal, New Rugpull, BCH May Become Legal Tender, Binance & Bitget Aim to Help Reduce FTX Impact
14.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: News Summary: Visa Pulls Plug on FTX Deal, New Rugpull, BCH May Become Legal Tender, Binance & Bitget Aim to Help Reduce...
St. Kitts and Nevis to Explore Possibility of Making Bitcoin Cash Legal Tender by March 2023
14.11.2022
St. Kitts and Nevis will explore the possibility of making bitcoin cash legal tender by March 2023. The statement was made by St. Kitts and Nevis Prime Minister Terrance Drew as part of the Bitcoin Cash 2022 Conference held in the country, declaring that Bitcoin Cash mining activities will also...
Bitcoin Cash Could Be Legal Tender in St. Kitts by March, Prime Minister Says
14.11.2022
The Caribbean nation could join El Salvador and the Central African Republic in backing crypto
Latam Based Crypto Exchange Bitso Launches QR Payment Service for Tourists in Argentina
12.11.2022
Bitso, one of the largest cryptocurrency exchanges in Latam, has launched a QR payments program geared towards travelers in Argentina. The service proposal seeks to ease the way in which travelers and tourists make payments in the country, using Bitso’s interoperable QR payment technology...
Tether CTO confirms no plans to rescue FTX
11.11.2022
FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide a cash injection despite the CEO reportedly reaching out to multiple firms for help
Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors
10.11.2022
On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder Justin Sun as well. FTX Is Reportedly Seeking Up...
Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’
10.11.2022
Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets to FTX.” The news follows a great number of exchange executives announcing that they...
SBF Warns FTX Investors of Bankruptcy Without More Cash: Bloomberg
9.11.2022
FTX is headed toward bankruptcy without a cash infusion
US Sanctions Several Individuals, Dozens of Bitcoin, Ether and Bitcoin Cash Addresses on Opioid Allegations
9.11.2022
The U.S. Treasury Department's sanctions watchdog added three people to its blacklist, alleging they used crypto to facilitate the supply of illegal and synthetic drugs to the U.S