FTX Advisors Uncover A Pot Of Gold – Find Out More
Bankrupt cryptocurrency exchange FTX has recovered over $5 billion worth of liquid assets. Andy Dietderich, an attorney representing FTX, said that the amount includes cash, Go to Source
Uphold exchange denies owing millions to failed crypto lender Cred
Cred sued Uphold in June 2022 over a jointly promoted crypto yield product called CredEarn. Crypto exchange Uphold has denied owing around $784 million to the liquidation trust of bankrupt…
Ooki DAO misses lawsuit response deadline, default judgment on the cards
The commodities regulator has begun the process of getting a court ruling on the Ooki DAO case after the latter failed to respond to the lawsuit by the deadline. The…
Bitcoin miner Northern Data says production increased by 315% Y/Y in 2022
According to Northern Data AG, it generated a total of 2,798 BTC in the fiscal year 2022. Northern Data AG, a German company that specializes in Bitcoin mining and cloud…
China’s central bank includes digital yuan in report on currency circulation
The 13.61 billion e-CNY represented roughly 0.13% of the 10.47 trillion yuan in circulation at the end of 2022. The People’s Bank of China, or PBoC, has begun including the…
The Fed Will Keep Focusing on Crypto — Fed Governor Says ‘We Do Not Want to Hinder Innovation’
Federal Reserve Governor Michelle Bowman says while “cryptocurrency activities can pose significant risks,” the Fed does not want to “hinder innovation.” She added: “By inhibiting innovation, we could be pushing…
JPMorgan CEO Jamie Dimon on US Economy: ‘I Shouldn’t Ever Use the Word Hurricane’
JPMorgan Chase CEO Jamie Dimon says he “shouldn’t ever use the word hurricane” when warning about the U.S. economy. However, he insisted that there are “storm clouds” that “could be…
Brazilian Cryptocurrency Law Likely to Be Reviewed by Lula’s Government
The recently approved Brazilian cryptocurrency law will likely be reviewed and revised by the newly inaugurated government of Luis Inacio “Lula” Da Silva. According to statements made by the former…
FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges
As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan.…