Ethereum co-founder Vitalik Buterin has published a cryptic tweet, which at first glance could cause further uncertainty in the crypto community. Referring to rumors of a possible bankruptcy of Genesis Trading and its parent company Digital Currency Group (DCG), Buterin wrote that “I’m hearing through the grapevine that something important is about to happen.” Buterin did not go into further detail, going on to say, “please recognize the fact that my elite social connections to people who are early to know things make me cool, and please help me validate…
Day: November 21, 2022
New FTX CEO Paid $1,300 an Hour, Court Filings Show
Non-executive directors hired in the wake of the crypto exchange’s collapse are earning $50,000 a month – but the fees may pale in comparison to the overall costs of corporate restructuring. Source
Uzbekistan Licenses 2 Crypto Exchange Service Providers – Exchanges Bitcoin News
The regulatory body overseeing the crypto market in Uzbekistan has issued licenses to two companies that will be providing exchange services. The decision to authorize their activities aims to make it easier for Uzbekistanis to purchase and sell digital currencies, the agency said. 2 Crypto Exchanges Licensed to Trade Coins in Uzbekistan Uzbekistan’s National Agency of Perspective Projects (NAPP) has granted licenses to two entities established to offer cryptocurrency exchange. Crypto Trade NET and Crypto Market have been registered as “service providers in the field of crypto assets turnover,” the…
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FTX Japan Preparing to Allow Withdrawals by Year End: Report
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Celsius bankruptcy victims get proof-of-claim deadline from US court
The ongoing case of the Celsius bankruptcy continues as the United States Bankruptcy Court in the southern district of New York State approved a new filing deadline. According to an official document, a deadline has been set for those filing any claims against the former digital assets lender. Any person or entity – which covers individuals, partnerships, corporations, joint ventures and trusts – who wishes to do so must submit a proof of claim by Jan. 3, 2023, 5:00 pm Eastern Time. Celsius itself made a thread on Twitter, informing…
ETHEREUM supererà BITCOIN, se succedono QUESTE COSE! (MERGE)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereum, se si verificasse uno specifico scenario, potrebbe addirittura superare Bitcoin per capitalizzazione. Vi dico la mia opinione. Seguimi su Telegram: Oggi proviamo a dare risposta all’eterna domanda, ovvero “Ethereum supererà mai Bitcoin?” La risposta che vi propongo non vuole essere ovviamente un paragone tra quale è la crypto migliore delle due, anche perché sono due protocolli estremamente diversi tra loro, non comparabili. Vuole essere un discorso puramente speculativo, incentrato sulla capitalizzazione. Ora che la data del Merge sembra ufficiale, ci sono…
Brazilian Cryptocurrency Bill Resurfaces After General Ballot – Regulation Bitcoin News
The Brazilian cryptocurrency bill, sidelined several times due to the general election ballot that happened on October 30, might be discussed and voted on during the following week. According to reports, the project identified as 4.401/2021 will be on the agenda for being discussed by the Chamber of Deputies, marked as urgent, and listed to be discussed on Nov. 22. Brazilian Cryptocurrency Bill Back on Agenda The Brazilian cryptocurrency bill, a project that seeks to regulate the actions of cryptocurrency exchanges and custody agents, as well as establish clear cryptocurrency…
Coinbase, MicroStrategy Bonds Tank as FTX Collapse Dents Institutional Confidence in Crypto
“High bond yields are reflective of sharply higher rates but also of genuine skepticism about the long-term viability of crypto amongst institutional investors after the high profile collapses of Terra/LUNA, Celsius [Network], 3AC [Three Arrows Capital], Voyager [Digital], BlockFi and FTX,” Mike Alfred, a value investor and founder of digital assets investment platform Eaglebrook Advisors, said. Source
FTX-owned Liquid exchange pauses all trading after withdrawal halt
Liquid has suspended all trading operations on its platform in line with instructions from FTX Trading, the firm announced on Twitter on Nov. 20. The statement indicates that Liquid exchange paused “all forms of trading” because of the operation of the Chapter 11 process in the Delaware courts. “We have since done so while we assess the situation. We are working through these issues and will endeavor to give a fuller update in due course,” Liquid added. Liquid’s operational halt comes five days after the exchange suspended all withdrawals on…