Former executives of the bankrupt crypto exchange FTX failed to install appropriate financial controls in the company, complicating the asset recovery process, the restructuring team of the failed exchange said.
Arkansas has joined Montana and Texas this year in proposing legislation to offer legal protections to companies operating crypto mining sites.
Bitcoin resumed its rise above US$28,000 in Monday morning trading in Asia, a support level it has fluctuated around for most of April.
Thailand’s main opposition party said it would distribute US$15 billion worth of digital tokens to citizens if it wins the general election
OpenSea has reignited the marketplace battle by introducing its own pro tool. What’s in it for NFT traders?
Solana has introduced a solution that aims to reduce on-chain storage costs for non-fungible tokens (NFT). See related article: Solana NFT sales surge as traders farm for Tensor rewards Fast facts See related article: DeGods begins migration to Ethereum
Bitcoin bounced around the US$28,000 mark as worries about bank failures were replaced by concerns about a recession in the U.S. Just for good measure, the IMF forecast the global economy will see its slowest growth in two decades.
ECB President Christine Lagarde said the digital euro would have “limited control” in a prank call.
Bitcoin rose as Ether fell during Asian trading hours on Friday, with most of the top 10 non-stablecoin cryptocurrencies by market capitalization dropping. XRP rose the most, while Dogecoin was the biggest loser.
The arrested crypto fugitive Kwon Do-hyung has “zero ” identifiable assets in his native South Korea, prosecutors said on Friday.