FTX associates Caroline Ellison, Gary Wang plead guilty to criminal charges

Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’ A weekly recap of key Bitcoin metrics affecting its price performance in the market, published every weekend. James Van Straten · 5 days ago Go to Source

November 2022 GameFi Report

Despite one of the worst possible events happening in November—the complete collapse of the world’s largest crypto company—the GameFi market did not fall significantly compared to October.  This may indicate that the market, barring a systemic collapse, has reached a limit of its downside risk.  Nevertheless, decreasing investment in space continued, with the amount of …

Binance Launches Blockchain Education Program in Kazakhstan

Cryptocurrency exchange Binance is behind an initiative to qualify university students in Kazakhstan to work in the industry. Under an agreement with the government, the blockchain course will be added to the curricula of higher education institutions across the country. Binance Exchange to Help Teach Blockchain at Kazakhstan’s Universities The world’s largest crypto exchange, Binance, …

Defi More Scalable Than Traditional Finance, New Study Says

Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak of $180 billion in Dec. 2021, to just over $50 billion by end of …

Crypto Trader Benjamin Cowen Says Bitcoin (BTC) Bears Are Losing Steam – Here’s His Forecast

Popular cryptocurrency analyst Benjamin Cowen says that Bitcoin (BTC) bears are exhausted as the flagship digital asset hovers around 75% below its all-time high. Cowen tells his 779,000 YouTube subscribers that based on the Bitcoin supply in profit and loss ratio, the bears are losing momentum as the price of the largest crypto by market …

Frozen bank account triggers switch to Bitcoin salary for a whole year

As Bitcoin (BTC) adoption continues to sow seeds around the world, more and more people are choosing to accept the original cryptocurrency as payment for their goods and services. For individuals, that means accepting BTC as their salary. A Florida-based Bitcoin advocate called SVN (not his real name) took his entire salary in BTC for …

Alameda’s Caroline Ellison and FTX’s Gary Wang hit with additional fraud charges

The United States Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) have hit former Alameda Research CEO Caroline Ellison and former FTX co-founder Gary Wang with fresh fraud charges. The new charges from the SEC and CFTC come as the pair plead guilty to federal fraud charges filed by the U.S. …

British Columbia to halt new power connections for crypto miners

A state-owned electric utility provider in the Canadian province of British Columbia is set to halt all new electricity-connection requests from cryptocurrency miners for a period of 18 months.  The British Columbia government made the announcement in a statement on Dec. 21 stating that the pause will allow the government and BC Hydro to develop …

US senator Toomey introduces stablecoin bill as congressional session wraps up

Republican Senator Pat Toomey, who is set to retire from U.S. Congress at the end of the term, has used one of his last few weeks in office to introduce a new stablecoin bill, aimed at creating a regulatory framework for “payment stablecoins.” Toomey — who also serves as the Ranking Member of the U.S. …

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