Regulation
Bahamas regulator denies FTX CEO’s claims over seized assets
The Securities Commission of The Bahamas has rejected “material misstatements” made by FTX’s newly-appointed CEO, John J. Ray III
Zoltan Vardai
Contributor
Zoltan Vardai
Zoltan is a writer at Forkast with a deep passion for storytelling and blockchain. Prior to joining the team, he worked as a marketing and content writer, focused on software and technology. Zoltan holds a master’s degree from the Ludwig Maximilian University of Munich and is interested in the future of global financial decentralization.
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Bitcoin News
FTX founder Sam Bankman-Fried allegedly cashes out US$684,000, on-chain data show
On-chain data showed that Sam Bankman-Fried, the founder of the now-bankrupt FTX exchange, sent around 570 Ether worth US$684,000 to a Seychelles-based exchange and Ren Protocol’s Bitcoin bridge on Wednesday
Zoltan Vardai
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Regulation
Bahamas regulators hold US$3.5 bln of FTX assets, to be delivered to customers, creditors
The Securities Commission of the Bahamas is temporarily holding US$3.5 billion of digital assets seized from FTX Digital Markets
Zoltan Vardai
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Altcoins
Markets: Bitcoin, Ether slip; Dogecoin biggest loser among top 10 cryptos
Bitcoin and Ether inched down during Asia trading hours on Friday afternoon, with Dogecoin leading losses among the top 10 largest non-stablecoin cryptocurrencies.
Zoltan Vardai
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Market Analysis
Biggest blockchain trends for 2023 and beyond
After a year of new all-time highs for major cryptocurrencies in 2021, 2022 was a challenging year for Web3. Industry experts tell Forkast what crypto has in store for 2023 and beyond.
Zoltan Vardai
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Regulation
No change in community banks’ view of crypto after FTX’s collapse, says ICBA’s Brian Laverdure
ICBA vice-president Brian Laverdure believes that community banks are unfazed by FTX’s collapse, but remain split on cryptocurrencies.
Zoltan Vardai
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Regulation
Hong Kong arrests two for suspected involvement in digital asset fraud on AAX
Hong Kong’s commercial crime investigation bureau on Friday arrested two local men for suspected involvement in digital asset fraud on Atom Asset Exchange (AAX)
Zoltan Vardai
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Bitcoin News
U.S. crypto miner Core Scientific files for Chapter 11 bankruptcy, continues to mine Bitcoin
Core Scientific, one of the largest publicly traded crypto mining firms in the U.S., filed for Chapter 11 bankruptcy protection in the state of Texas on Wednesday.
Zoltan Vardai
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Altcoins
Visa explores auto payments on Ethereum
Visa is researching ways to introduce recurring, automatic payments for self-custodial Ethereum wallets.
Zoltan Vardai
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Altcoins
Binance’s proof-of-reserves auditor suspends work for crypto firms
Mazars, the financial auditing firm behind Binance’s proof-of-reserves (PoR) audit, has suspended all work for crypto firms.
Zoltan Vardai
