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FTX bears the brunt of SBF's decisions as it attempts to reclaim these funds
FTX undertaking legal action to recoup payments by companies and former employees FTX plans to file lawsuits in case of failure on the part of political parties to return the donations CryptThe post FTX bears the brunt of SBF's decisions as it attempts to reclaim these funds appeared first on AMBCrypto. дальше »
2022-12-20 16:30 | |
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Binance Under The Microscope As Market FUD Dominates
In the wake of the FTX failure, centralized crypto exchanges are now firmly in the sights of law enforcement, politicians, and of course, their user bases. As the largest of them all, Binance is feeling the heat as it attempts to introduce more transparency to its global operations. дальше »
2022-12-25 12:00 | |
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Binance Failure Would Cripple Crypto Industry but Users Back CZ Despite FUD
Following a week of bad headlines for Binance, attention is turning to what happens if it collapses. It doesn't look good. The post Binance Failure Would Cripple Crypto Industry but Users Back CZ Despite FUD appeared first on BeInCrypto. дальше »
2022-12-15 01:30 | |
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FTX saga: Audited Proof of Reserves is a great welcome, but here’s the risk
Binance, Crypto.com, and KuCoin have released audited Proof of reserves (PoR). The audits followed the same procedure (AUP). The AUP procedure has an inherent risk, e.g. the failure to detecThe post FTX saga: Audited Proof of Reserves is a great welcome, but here’s the risk appeared first on AMBCrypto. дальше »
2022-12-14 16:30 | |
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CryptoSlate Wrapped Daily: SBF faces 8 criminal charges; Binance reportedly has billions in undisclosed reserves
The biggest news in the cryptoverse for December 13 includes the arrest of former FTX CEO Sam Bankman-Fried, the testimony of FTX’s new CEO John Ray on what led to the exchange’s failure and Binance reportedly having billions stored away in secret reserves. дальше »
2022-12-14 00:30 | |
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Lawsuit against Kim Kardashian and Mayweather dismissed
According to a recent press release, judge Fitzgerald dismissed the lawsuit against EthereumMax, Kim Kardashian and Mayweather. According to the judge, failure of the fillings to adhere to the heightened pleading requirements caused his decision. дальше »
2022-12-8 11:38 | |
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Regulators face public ire after FTX collapse, experts call for coordination
U.S regulators and their failure to avoid another crypto contagion have raised a lot of questions over their credibility.
дальше »2022-12-5 17:34 | |
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US lawmakers launch official inquiry into FTX failure
In the wake of the FTX implosion, Lawmakers who benefited from FTX cash set out to probe its collapse. дальше »
2022-12-2 22:47 | |
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First Mover Asia: Bitcoin Rises Again on US Fed Chair's Moderate Remarks
ALSO: Sam Reynolds writes that shipping giant Maersk and IBM's decision to wind down TradeLens highlights the failure of blockchain-based transparent ledgers, which once held great promise in a range of industries. дальше »
2022-12-2 06:30 | |
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Singapore’s financial regulator defends against FTX accusations
The government financial regulators associated with the FTX collapse have defended themselves, saying the FTX failure “is the nature of investment and risk-taking.” Singapore officials absolves themselves of FTX damages Following the news yesterday that the Singapore government officials are… дальше »
2022-11-30 16:22 | |
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US lawmaker questions major crypto exchanges on consumer protection amid FTX collapse
Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin were targets of one senator's probe into protections the firms had in place if a failure similar to FTX’s occurred again. дальше »
2022-11-30 00:45 | |
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Galaxy Digital CEO Expects Slow Grind to Build Trust After FTX ‘Failure to Self-Regulate’
The CEO of Galaxy Digital expects a slow grind to build trust with clients as back-to-back black swan events hit the crypto industry. The post Galaxy Digital CEO Expects Slow Grind to Build Trust After FTX ‘Failure to Self-Regulate’ appeared first on BeInCrypto. дальше »
2022-11-24 05:37 | |
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Sam Bankman-Fried says he is ‘deeply sorry’ for collapse in letter to FTX team
The former CEO describes his role in the exchange’s downfall as a failure in oversight, saying he should have been “more skeptical of large margin positions.” дальше »
2022-11-24 20:15 | |
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Cardano’s Hoskinson calls for stronger governance as FTX failure proves humans are ‘bad at being honest’
Input Output (IO) CEO Charles Hoskinson argued that cryptocurrency needs strong governance to avoid repeating what happened at the defunct FTX exchange. The post Cardano’s Hoskinson calls for stronger governance as FTX failure proves humans are ‘bad at being honest’ appeared first on CryptoSlate. дальше »
2022-11-22 23:55 | |
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Op-Ed: Could DCG be the catalyst for max pain in the crypto markets?
Following the recent collapse of FTX, the fallout spread to Genesis, which had already been bailed out by parent company Digital Currency Group (DCG) earlier this year following the failure of Three Arrows Capital. дальше »
2022-11-20 16:00 | |
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FTX Collapse Won’t Stop Kevin O’Leary From Keeping Cryptos on Exchanges
Shark Tank investor Kevin O'Leary revealed that he would keep his assets on crypto exchanges despite the recent failure of FTX. The post FTX Collapse Won’t Stop Kevin O’Leary From Keeping Cryptos on Exchanges appeared first on BeInCrypto. дальше »
2022-11-19 16:00 | |
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“A Complete Failure Of Corporate Control,” Says New FTX CEO As He Unearths Even More Dirt Leading To The Collapse
John J. Ray III has been given the reins over the beleaguered FTX, but barely a week after his takeover, the new man in charge has been left dazed by the “complete failure of corporate control.” дальше »
2022-11-20 00:03 | |
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'A Complete Failure of Corporate Controls': What Investors and Accountants Missed in FTX’s Audits
An expert review of FTX’s audited financial statements reveals a series of red flag related-party transactions that should have led to more scrutiny of the company’s operations. дальше »
2022-11-18 17:12 | |
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FTX’s bankruptcy filings show ‘complete failure of corporate controls’
Bankruptcy filings have called out Sam Bankman-Fried (SBF) and the entire FTX team for a complete failure of corporate controls. The latest bankruptcy filings have blasted SBF and his executives for completely failing to have a handle on their corporate affairs. дальше »
2022-11-18 11:20 | |
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First Mover Asia: Bitcoin Won't Budge. Cryptos Ignore the FTX Chaos for Another Day
Sam Reynolds writes that venture capitalists’ failure to scrutinize crypto exchange FTS parallels oversights that led to energy giant Enron’s notorious bankruptcy two decades ago. New FTX CEO should know because he helped oversee Enron’s filing. дальше »
2022-11-18 05:27 | |
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Congress’s Failure to Pass Regulation Caused FTX’s Debacle, Asserts Crypto-Friendly Senator
US Senator Pat Toomey has blamed FTX’s collapse on the lack of clear regulations. Speaking during the Financial Regulators Hearing on November 15, the legislator took aim at the US Congress, suggesting that if the house had passed regulations on custody for the industry earlier, the FTX implosion could have been avoided. “It certainly appears […] дальше »
2022-11-18 23:56 | |
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Bitcoin, FTX, and impact of the exchange's collapse on BTC HODLer conviction
Bitcoin's price was gravely impacted by the failure of FTX. On-chain metrics suggested a shift in HODLer's behavior. The sudden collapse of Sam Bankman-Fried’s crypto empire left the generThe post Bitcoin, FTX, and impact of the exchange's collapse on BTC HODLer conviction appeared first on AMBCrypto. дальше »
2022-11-16 07:30 | |
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FTX approaches Kraken as a potential rescue partner
According to recent reports, FTX has spoken to American crypto exchange Kraken about a possible rescue arrangement. However, FTX and Kraken declined to comment, citing the ambiguity of the talks’ specifics and their potential for success or failure. The details… дальше »
2022-11-11 03:51 | |
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Midweek Update: FTX Shockwaves Continue
Industry insiders say the full impact of an FTX failure is becoming more clear, as Binance pulls out of a deal to rescue the failed exchange. US election results a "good day for democracy" according to President Biden, and may be for cryptocurrency too as new regulation looms in the US. дальше »
2022-11-11 14:00 | |
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Chainlink plunges from 3-month high as LINK price eyes another 50% correction
LINK could drop to nearly $4 by December 2022 given its failure to close above a key resistance level despite strong whale accumulation. дальше »
2022-11-9 18:09 | |
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Elrond (EGLD) Price Spells Trouble After Failure to Break Out
The Elrond (EGLD) price was rejected by a resistance area in place since June. A breakdown from the current ascending support line would accelerate the rate of decrease. The post Elrond (EGLD) Price Spells Trouble After Failure to Break Out appeared first on BeInCrypto. дальше »
2022-11-8 17:45 | |
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CryptoSlate Wrapped Daily: Nigeria’s CBDC deemed a failure; Korea gathers more proof on Do Kwon
The biggest news in the cryptoverse for November 3 includes the private conversation Korea obtained that proves Kwon purposely manipulated the LUNA price, the reveal of China’s $6 billion worth of crypto reserves, and Stripe’s decision to downsize by 14%. дальше »
2022-11-4 00:56 | |
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eNaira CBDC ‘a massive failure’ despite Nigerian central bank’s claims to the contrary
Geopolitical Analyst Nick Giambruno called Nigeria’s eNaira project a “massive failure” while saying the outcome has not been “what the elites hoped for.” The eNaira launched on October 25, 2021, with President Muhammadu Buhari saying Africa’s first Central Bank Digital Currency (CBDC) would “increase remittances, foster cross-border trade, improve financial inclusion and enable the government […] The post eNaira CBDC ‘a massive failure’ despite Nigerian central bank’s claims to the contrary appeared first on CryptoSlate. дальше »
2022-11-3 18:36 | |
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Why Monero Is Struggling To Crack This Resistance Level Since September
Monero (XMR), an open-source, privacy-oriented cryptocurrency launched in 2014, managed to reach the $151 marker on November 2 as it briefly rallied before it experienced slight price correction. Here’s a quick glance at XMR trajectory: Over the last two months, Monero traded at a narrow range that peaked at $152 Surpassing the crucial $156 marker will enable XMR to climb all the way to $172 Failure in increasing trading volume will most likely pull the crypto down to $148 At the time of this writing, according to tracking from Coingecko, the altcoin is changing hands at $149. дальше »
2022-11-3 17:10 | |
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Crypto bank Nuri urges customers to withdraw funds before it shuts down
In cryptocurrency news today, crypto bank Nuri, which filed for temporary insolvency in August after a tough year made worse by the collapse of one its business partners and the failure to get an acquirer, is shutting down. дальше »
2022-10-19 14:59 | |
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DeFi Apps display their soft underbelly - October 2022 is the biggest month for Crypto hacks ever
Decentralized Finance protocols are harder to run than they look. There are multiple points of failure for platforms including smart contract exploits, flash loan attacks, and rug pulls by anonymous employees. дальше »
2022-10-14 11:00 | |
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