U.S regulators shut down the New York based Signature Bank yesterday in a sign that the crypto industry is struggling and regulators are focused on preventing liquidity problems. Being one of the biggest lenders to the crypto industry it is…
The SEC fines Kraken the crypto currency trading exchange $30 Million for failing to register the offer and sale of their crypto asset staking-as-a-service program. “Whether it’s through staking-as-a-service, lending, or other means, crypto intermediaries, when offering investment contracts in…
With the recent collapse of FTX, professional services firm that have touched crypto will no doubt be reviewing their relationships with crypto firms. Those regulated firms will be working to clarify their relationships, and re-evaluating any work done. Questions have…
Remarks released by the CEO of FTX, ahead of a Congressional hearing, shed more light on the state of FTX, its management and accounting practices or lack there of. A lack of financial controls that allowed management to transfer client…
Crypto exchange Gemini has a $900mn exposure to FTX and working to recover funds. One suspects the list of those owed money by FTX is long and there may not be a lot of liquid assets with value left to…
Another crypto exchange winds up. #cryptoexchange #cryptocurreny View Original Post
Another reason why Crypto prices are being affected. We’re not at the end of the month yet. 11 hacks and $700million in crypto stolen. This year “will likely surpass 2021 as the biggest year for hacking on record,†Chainalysis researchers…
