Crypto Firm FTX’s Ownership of a U.S. Bank Raises Questions
FTX invested $11.5 million in the parent company of Farmington State Bank. This bank only has one branch and three employees.
FTX invested $11.5 million in the parent company of Farmington State Bank. This bank only has one branch and three employees.
The released Binance proof of reserves system starts with $BTC at launch, with other tokens and networks being added in the next couple of weeks
A movement allegedly for the purpose of selling has been seen in the past weeks as long-term crypto holders have been seen moving their coins.
Binance cryptocurrency exchange said on Thursday that it will devote $1 billion to creating an industry recovery initiative (IRI) to fund crypto businesses.
CEO of Binance Changpeng Zhao said on BloombergTV that his business is incorrectly considered Chinese since he has a Chinese appearance. Read CNL.
A supposed scam scheme that was allegedly carried out by a Chinese mafia was revealed by Sen. Risa Hontiveros on Monday featuring trafficked Filipinos.
According to Matthew Ferranti, nations subject to international sanctions might lessen their effects by storing large amounts of cryptos like Bitcoin.
Giant Core Scientific, a major BTC miner, predicted that it would need to sell its own BTC at the end of the year because it would run out of money.
The country’s parliamentary assembly received a digital assets issue law opening the door for the introduction of its bitcoin-backed “volcano” bonds.
A Reuters article claims that Sam Bankman-Fried’s exchange FTX, its senior executives, and his parents all bought Bahamas homes totaling $121 million.
Steph Curry, Tom Brady, and other famous people who promoted the cryptocurrency exchange FTX are being investigated by Texas authorities. Read CNL.
Binance, a cryptocurrency exchange, was approached by Genesis about investing, but the latter rejected the offer owing to potential conflicts of interest.