Sam Bankman-Fried misses deadline to respond to Senate Committee hearing
Sam Bankman-Fried, the founder of the now-bankrupt FTX exchange, has missed the deadline set by the U.S. Senate Committee to confirm his appearance at an upcoming hearing.
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Hong Kong’s virtual asset licensing regime to take effect next June
Hong Kong passed the amendment to the bill that includes a licensing regime VASP on Wednesday, which will come into effect on June 1, 2023.
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Bankman-Fried may face subpoenas if he does not testify
The embattled founder of failed cryptocurrency exchange FTX may be subpoenaed if he declines to testify at the two hearings on the platform’s meltdown in Washington DC next week.
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Markets: Bitcoin, Ether rise in slow trading, Solana gains on Web3 game partnership
Bitcoin edged up above US$17,000 in Wednesday morning trading, a level it has fluctuated around for much of the past week.
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Markets: Bitcoin, Ether rally; Litecoin sees most gains across top 10 cryptos
Bitcoin and Ether rose in Asian trading on Monday afternoon. Most other top 10 non-stablecoin cryptocurrencies strengthened, led by gains in Litecoin
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Coinbase CEO Armstrong says Bankman-Fried’s US$8 bln ‘accounting error’ doesn’t stand up
Coinbase Global Inc. Chief Executive Brian Armstrong said Sam Bankman-Fried’s explanation of sloppy accounting as the reason US$8 billion moved from his crypto exchange FTX to brokerage arm Alameda Research doesn’t stand up to scrutiny.
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DeFi protocol Ankr to buy US$5 mln of BNB to cover funds lost in exploit
Decentralized finance (DeFi) protocol Ankr will buy US$5 million worth of BNB – the token of cryptocurrency exchange Binance – to compensate liquidity providers affected by Friday’s exploit
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Markets: Bitcoin, Ether slip; Dogecoin leads decline across most top 10 cryptos
Bitcoin and Ether fell in Asian trading on Thursday afternoon, with other top 10 non-stablecoin cryptocurrencies also mostly down
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Sam Bankman-Fried says not aware of any improper use of funds in FTX downfall
Sam Bankman-Fried, founder of failed cryptocurrency exchange FTX, said he did not know of any improper use of customer funds at his company, in an interview with ABC News.
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Markets: Bitcoin, Ether rise with Polygon topping gains in most top 10 cryptos
Bitcoin and Ether increased in Asian trading Thursday afternoon, with all other top 10 non-stablecoin cryptocurrencies mixed