News

SEC Issues New Guidance Requiring Companies To Disclose Cryptocurrency Risks

The Securities and Exchange Commission has released new guidance, requiring companies that issue securities to disclose to investors their exposure and risk to the cryptocurrency market. From a report: The guidance comes about a month after FTX, one of the world's largest cryptocurrency exchanges, filed for bankruptcy after loan customer funds to a risky trading company that was founded by FTX's former CEO Sam Bankman-Fried. Over 100,000 customers were affected by the exchange's failure. On Wednesday, SEC Chair Gary Gensler fended off accusations that the agency has failed to prevent crypto...

Huobi Research Provides Prediction and Suggestions for the Crypto Industry for 2023

Huobi Research Provides Prediction and Suggestions for the Crypto Industry for 2023

Crypto lender Genesis tells clients it is working to preserve their assets

Crypto lender Genesis tells clients it is working to preserve their assets

Bitcoin Mining Difficulty Drops by Most Since July 2021 as Crypto Winter Cuts Profitability

The difficulty of mining a bitcoin block fell by 7.32%, with miners powering off machines as a brutal bear market eats into profit. The adjustment at block height 766,080 is the biggest downward … Read Full StoryThe post Bitcoin Mining Difficulty Drops by Most Since July 2021 as Crypto Winter Cuts Profitability appeared first on ForexTV.

JPMorgan's Jamie Dimon: `Crypto is a complete sideshow'

JPMorgan's Jamie Dimon: `Crypto is a complete sideshow'

Bitcoin: FTX, BlockFi, And What's Next For Crypto

Bitcoin: FTX, BlockFi, And What's Next For Crypto

Bronx Rep. Ritchie Torres introduces crypto legislation

At a Monday press conference, Torres compared SBF to Bernie Madoff and voiced concerns about Tether.

FTX failure hampers crypto industry's credibility, but there's silver linings, BofA says

FTX failure hampers crypto industry's credibility, but there's silver linings, BofA says

CRYPTO BROS BABYLON: Death, debauchery accompany meltdown

The spectacular billion-dollar implosion of cryptocurrency hedge fund FTX has been accompanied by a slew of lurid headlines on its insider’s hedonistic antics. But so far, CEO Sam Bankwell-Fried and gal pal Caroline Ellison still walk among us. That has been the case for other crypto bros who have met mysterious ends as their ride […]

U.S. agency investigating crypto firms for misconduct

U.S. agency investigating crypto firms for misconduct

Weeks Later, No Evidence Media Companies Have Returned A Dime Of Disgraced Crypto CEO’s Funds

None of the outlets indicated the grants provided by Bankman-Fried's Building a Stronger Future foundation would be returned

Opera Crypto Browser to enable instant NFT minting through launchpad

Opera Crypto Browser to enable instant NFT minting through launchpad

Kim Kardashian, other celebrities beat EMax crypto investors’ lawsuit

A federal judge in California on Wednesday dismissed a lawsuit against reality TV star Kim Kardashian, boxing legend Floyd Mayweather Jr. and others over their role in promoting a cryptocurrency, saying it was not clear that the investors who sued actually saw the promotions. The lawsuit filed in January claims EthereumMax executives schemed with celebrity […]

Canada's Biggest Pension Fund Ends Crypto Investment Pursuit

Canada's biggest pension fund, CPP Investments, has ended its nearly year-long effort of studying investment opportunities in the volatile crypto market, Reuters reported Wednesday, citing people familiar with the matter. From the report: The reasons behind CPPI's abandonment of crypto research were not immediately clear. CPPI declined to comment but said it has made no direct investments in crypto. It referred to previous comments on cryptocurrency by its CEO, John Graham, in which he sounded a note of caution. CPPI's Alpha Generation Lab, which examines emerging investment trends, had formed...

‘Dark MAGA’ Poster Boy Madison Cawthorn Has Been Fined $15,000 For Promoting A Shady ‘Let’s Go Brandon’ Crypto Sh*tcoin

Getty Image Congressman Madison Cawthorn is on his way out the door — but not before the House Ethics Committee fined him for shady financial dealings.

Cboe Digital Continues To Demonstrate Commitment To The Highest Levels Of Financial And Operational Controls in Crypto Industry with SOC 1 Completion

https://ir.cboe.com/news-and-events/2022/12-05-2022/cboe-digital-continues-demonstrate-commitment-highest-levels-financial-and-operational-controls-crypto-industry-soc-1-completion

On-chain Sleuth Proves Crypto Analyst Engaged With Undisclosed Promo

On-chain Sleuth Proves Crypto Analyst Engaged With Undisclosed Promo

GameFi: Contributing To The Growth Of Crypto And NFTs

The gaming industry is worth $100 billion, and as it grows, it will continue to offer new opportunities for artists and creators. GameFi is an example of a project that has early success in the space since it’s being used to enable the transfer of NFTs between players in multiple games. It’s proof of concept […]

U.S. House panel chair says she'll subpoena FTX's Bankman-Fried if needed

House Financial Services Committee Chairwoman Maxine Waters told Reuters on Thursday that she is prepared to subpoena FTX founder Sam Bankman-Fried, if he does not agree to appear before the panel next week, and she is working out the best way to do it. Regulators around the globe, including in the Bahamas where FTX is based and in the United States, are investigating the role of FTX's top executives including Bankman-Fried in the firm's stunning collapse, Reuters has previously reported. The crypto exchange filed for bankruptcy last month after a liquidity crisis that saw at least $1 billion...

Sam Bankman-Fried Faces Federal Inquiry Into Market Manipulation

A federal investigation into whether the FTX founder’s trading firm illicitly manipulated the markets for two crypto tokens compounds his troubles.

U.S. court weighs novel issue of crypto ownership in bankruptcy

U.S. court weighs novel issue of crypto ownership in bankruptcy

Kevin O’Leary and Anthony Scaramucci discuss SBF, FTX and what’s next for crypto

At the Benzinga Future of Crypto event, Kevin O’Leary and Anthony Scaramucci discussed what crypto's future may hold after the downfall of FTX.Kevin O’Leary and Anthony Scaramucci discuss SBF, FTX and what’s next for crypto by Jacquelyn Melinek originally published on TechCrunch

SEC chair says crypto intermediaries should come into compliance with law

(marketscreener.com) U.S. Securities and Exchange Commission Chair Gary Gensler said that companies that help facilitate transactions in the cryptocurrency market should come into compliance with law.https://www.marketscreener.com/news/latest/SEC-chair-says-crypto-intermediaries-should-come-into-compliance-with-law--42497925/?utm_medium=RSS&utm_content=20221207

The cryptocurrency market digest (BTC). Overview for 07.12.2022

By RoboForex.com The BTC is being dragged down again. On Wednesday, the leading crypto is declining to 16,827 USD. And while yesterday there was a good chance to return above the resistance level of 17,200 USD, today this scenario just has no reason to be considered realistic. There is no correlation with the US stock […]

Three Arrows Capital says its founders still not cooperating with asset recovery

Liquidators for bankrupt crypto hedge fund Three Arrows Capital(3AC) said on Friday that the company’s founders are refusing to cooperate with asset recovery efforts, hindering the company’s ability to return funds to creditors. Founders Kyle Davies and Su Zhu are more interested in rehabilitating their reputation than helping their own company’s creditors, the liquidators’ attorney […]