Binance CEO Changpeng Zhao says he should have tweeted sooner about FTX woes
The chief executive officer of Binance, Changpeng Zhao, regrets sending ‘too late’ a tweet that contributed to the collapse of FTX.com.
-
-
Crypto exchange Bybit establishes US$100 million fund to aid institutional clients
Crypto exchange Bybit has established a US$100 million fund to support its institutional clients
-
Russia plans launch of national crypto exchange
Russian lawmakers aim to launch a national cryptocurrency exchange, supported by the country’s Ministry of Finance and the Central Bank of Russia.
-
Question: How do financial rules work when rogue individuals run companies? Answer: Not very well.
Calls for tougher rules on cryptocurrency have been echoing ever louder through the offices of global financial regulators since the collapse of the FTX exchange. But the firm did not invent dodgy business practices, so what can regulators and the industry do?
-
Digital Currency Group seeks to calm investors over Genesis loans: reports
Barry Silbert of DCG disclosed his company owes a US$575 million loan and a US$1.1 billion promissory note to its subsidiary Genesis Global Capital.
-
US senators call for holding FTX executives accountable to fullest extent of the law
U.S. Senators Elizabeth Warren and Sheldon Whitehouse called for holding former FTX CEO “and any complicit FTX executives” to the fullest extent of the law.
-
Chinese mafia forcing Filipinos to work for crypto scams, says Philippine Senator
The organized crime gangs victimize both the trafficked and those that get scammed, according to the official
-
Wallet linked to defunct crypto exchange BTC-e suddenly activates
A wallet address linked to defunct crypto exchange BTC-e sent its largest transaction since August 2017 on Wednesday.
-
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.