The crash and burn of FTX: What lessons does it teach us?
As FTX victims and creditors sift through the pieces, how much of this blowup should regulators have seen coming — and could it happen again?
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Markets: Bitcoin, Ether rise as Fed minutes suggest an easing in interest rate hikes
Bitcoin and Ether were both trading up as the U.S. Federal Reserve released meeting minutes suggesting it is looking to slow the rate of interest rate rises.
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Japan’s central bank to test digital yen with three megabanks: report
The Bank of Japan, the country’s central bank, will conduct experiments with three megabanks and regional banks on a digital yen, according to a report by Nikkei on Wednesday.
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Tornado Cash developer Alexey Pertsev to remain in jail until February
Alexey Pertsev, a developer of the now-sanctioned crypto mixer Tornado Cash, has been ordered to stay in jail until Feb. 20 at least.
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New York Attorney General eyes ban of crypto purchases through retirement funds
New York Attorney General (NYAG) Letitia James has recommended prohibiting crypto investments in defined contribution plans and individual retirement accounts (IRAs).
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Genesis jitters keep investors on edge as contagion risks grow
Top blockchain and crypto news: Fear stalks crypto as Genesis wobbles. FTX cleanup begins. China’s NFT scene shrinks.
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India’s CoinSwitch launches platform to enable multi-exchange trading with single login
Indian crypto exchange CoinSwitch has launched CoinSwitch Pro, a multi-exchange trading platform that lets users trade crypto assets in Indian Rupees across multiple exchanges with a single login.
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Markets: Bitcoin, Ether prices rise as top 10 cryptos strengthen
Bitcoin and Ether strengthened in Asia trade on Wednesday afternoon, reversing some of their losses on Monday and Tuesday. Top 10 cryptocurrencies by market capitalization, except stablecoins, also increased.
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S.Korea’s top regulator says digital assets, virtual assets are different
While the crypto industry grapples with the definition of blockchain-based digital tokens, South Korea wants to nail down the terminology.