Cardano’s co-creator stated that the real reason behind the heat on the crypto industry was the failure of FTX. Kraken’s co-founder stated that regulators intentionally ignore bad actors like FTX because it serves their larger agenda. Cardano co-creator Charles Hoskinson has expressed his thoughts on recent regulatory actions against the crypto industry. The occasion for Hoskinson’s […]
Cardano’s co-creator stated that the real reason behind the heat on the crypto industry was the failure of FTX.
Cardano co-creator Charles Hoskinson has expressed his thoughts on recent regulatory actions against the crypto industry. The occasion for Hoskinson’s remarks was the introduction of the Digital Property Protection and Law Enforcement Act, a Senate bill in Illinois that has already been dubbed the most unworkable state law.
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FTX Japan resumes withdrawals after six months, details insideFTX Japan announced that the withdrawal of users’ fiat currency and crypto assets would begin on the Liquid Japan web platform. Most FTX US users could not withdraw their assets due to bankruptcy proceedings. On 20 February, FTX Japan, the Japanese subsidiary of the cryptocurrency exchange FTX, announced via a press release that the withdrawal […]
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Crypto hedge fund Galois Capital shuts down, thanks to FTX collapseCrypto hedge fund Galois Capital is shutting down after facing significant losses in FTX’s collapse last year. The fund’s remaining money will be distributed to its investors. Popular crypto hedge fund Galois Capital is closing shop after operating in the crypto space for six years. The fund announced earlier on 20 February that it was […]
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FTX's former Chief Engineer Nishad Singh nears plea deal with Justice(Kitco News) - The U.S. Justice Department (DoJ) is close to adding another key witness to their team ahead of FTX founder Sam Bankman-Fried’s criminal trial in October. Nishad Singh, the exchange’s former Director of Engineering and the main architect for the Alameda Research, FTX, and FTX.US platforms, is nearing a plea deal with prosecutors, according to a Bloomberg report.
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Voyager creditors subpoena more executives from FTX and AlamedaVoyager creditors have summoned top executives from FTX and Alameda Research to a deposition on 23 February. A decline in buying pressure for VGX will result in a further price decline. In a new court filing, the unsecured creditors’ committee of Voyager Digital has issued subpoenas to top executives from FTX and Alameda Research. This […]
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GMX scales to new highs on DeFi front- Here’s everything you need to knowGMX’s total value locked increased by 35% since the FTX debacle. The protocol’s native token registered a jump in price and trading volume in recent days. According to a tweet by an on-chain analyst, one of the largest decentralized derivative exchanges GMX, hit a fresh all-time high (ATH) in its total value locked (TVL), underlining […]
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![Burnished TRX [TRON] looks set to scale to new heights- Here’s why](https://i.headtopics.com/images/2023/2/20/cryptoamb/burnished-trx-tron-looks-set-to-scale-to-new-heigh-burnished-trx-tron-looks-set-to-scale-to-new-heigh-1627662608273743873.webp?w=640)
Burnished TRX [TRON] looks set to scale to new heights- Here’s whyTRX’s circulating supply dropped considerably due to an increase in burning activity. TRON’s total value locked climbed back to the pre-FTX levels. TRON [TRX] shared a report on the network’s notable developments that took place in the last week. One of the highlights was the sharp increase in the number of burnt tokens, which surpassed […]
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