Uzbekistan restricts access to digital asset exchanges—Binance, FTX affected
At the time of writing, Uzbekistan has licensed only one known digital asset exchange: South Korea's UZNEX.
At the time of writing, Uzbekistan has licensed only one known digital asset exchange: South Korea's UZNEX.
The Enforcement Directorate says that some of the transactions between the two are “cloaked in mystery” and could possibly have violated foreign exchange laws.
Voyager at first claimed that it had $350 million at the Metropolitan Commercial Bank, even as it called out the “wolf in sheep’s clothing” that is Sam Bankman-Fried.
The U.S. Securities and Exchange Commission is probing Coinbase again just a week after its debacle with the company's former employee, who was accused of insider trading.
The best way to prepare for the further decline in the digital asset markets is to manage risk. Selling is good too, especially if you know that you can buy back at a lower price in the future.
After claiming that they had properly managed risk and that no client funds were impacted, SBF announced that FTX was "injecting $250m into BlockFi and partnering with them."
The struggling ‘crypto’ sector hopes to avoid having fun staying poor by embracing financial bailouts the same way that a drowning man grabs the point of a sword.
Combining the recent events and loan Coinbase took from Goldman Sachs, Joshua Henslee speculates that the company is in need of money and Coinbase insiders dumped because they know there’s trouble ahead.
As authorities in South Korea investigate Do Kwon and Terraform Labs due to the LUNA/UST implosion, major exchanges like Kraken, FTX, and Binance listed LUNA2 without a second thought.
Jesse Powell’s decision to list the new LUNA2 token on his Kraken exchange reeks of hypocrisy and highlights his willingness to apply the word ‘scam’ only to projects that don’t earn him money.
Sam Bankman-Fried, whose FTX exchange sold both UST and LUNA, has emerged to tell the Financial Times that Bitcoin has no future as a payments network.
As the CFTC deliberates whether or not to allow FTX to algorithmically settle margin trades, Sam Bankman-Fried, revealed how DeFi works similar to a Ponzi scheme in an episode of the Odd Lots podcast.