Four Positive Events in the Crypto Space This Year
Crypto in 2022 wasn't just about hacks and bankruptcies, there were many positive developments as well.... Read more.
Dutch Central Bank Declares KuCoin is Not “Legally Registered” in the Netherlands
According to the Central Bank, KuCoin is providing virtual assets illegally, in violation of the Anti-Money and Terrorist Financing Act.... Read more.
Amber Group Completes $300 Million Funding Round to Combat a “Prolonged Crypto Winter”
Amber Group believes the funding will help protect its clients from volatile market conditions.... Read more.
Is Europe Poised to Become a Crypto Enthusiast’s Dream?
Can Europe set a global standard for crypto regulation through comprehensive frameworks?... Read more.
U.S. DOJ Appoints Nine-Member Creditors’ Committee to Represent FTX Account Holders
The committee will represent junior creditors and account holders as the DOJ look into the bankruptcy case of FTX.... Read more.
B. Riley Financial Offers Credit Facility to Core Scientific to Avoid Bankruptcy
B.Riley believes that Core Scientific will be able to restructure its debt with the credit facility despite challenging market conditions.... Read more.
FED Raises Interest Rates by 50bps to Highest Since 2007
Originally, the Fed wanted to keep inflation at as low as 2%; instead, it has grown rapidly and is currently three times higher than expected.... Read more.
Tether Plans to Remove Secured Loans in Reserves by 2023
Tether made the decision in response to Wall Street Journal's recent mainstream backlash over its alleged unreliable reserves.... Read more.
U.S. Attorney Damian Williams Calls FTX One of History’s Biggest Frauds
Damien Williams blamed the cryptocurrency exchange for not being transparent about its business and risk management practices.... Read more.
FTX CEO Makes Revealing Statements in US House Testimony
John Ray brought to light several irregular business activities related to FTX, including a dubious loan.... Read more.