Author: e_cash_top

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[ad_1] U.S. authorities will take control of Robinhood shares that are under dispute by FTX-related parties, according to various reports on Jan. 4. Those reports indicate that the U.S. Department of Justice (DOJ) either has seized or is currently seizing Robinhood shares related to FTX. During a hearing, counsel for the DOJ said that the…

Indonesia to set up cryptocurrency exchange to reform crypto regulation

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in Guides

[ad_1] Indonesia plans to launch a national cryptocurrency exchange in 2023 as part of its regulatory reform adopted by the Indonesian House of Representatives on December 15, according to a report from Bloomberg. This reform involved shifting regulatory oversight over the industry in the country. Before the reform, Bappebti, a commodities-focused agency, had jurisdictional power…

Coinbase fined $100M for compliance failures; Logan Paul wants to sue Coffeezilla

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[ad_1] The biggest news in the cryptoverse for Jan. 4 includes the World Economic Forum outlining its future vision for crypto, the US DOJ taking control of Robinhood shares under dispute by FTX-related parties and CryptoSlate’s analysis of Bitcoin UTXOs. CryptoSlate Top Stories Coinbase had “inadequate” AML measures; settles for $100M with NYDFS Coinbase will…

SEC files limited objection to Voyager-Binance.US deal

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[ad_1] The U.S. Securities and Exchange Commission (SEC) is pausing Voyager Digital’s plans to sell its assets to Binance.US, according to a court filing dated Jan. 4. In that limited objection, the SEC asserted that Voyager has failed to provide certain pieces of information. Specifically, it said that Voyager has not shown that Binance.US will…

G7 economies move into development stage of CBDCs

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in Guides

[ad_1] As of December 2022, all G7 economies had moved into the development stage of a central bank digital currency, according to the Atlantic Council (AC). The AC found that — despite slow development progression — “11 countries have fully launched a digital currency.” China’s CBDC pilot is set to expand to most of the…

Fed plans to keep raising interest rates in 2023 but at a slower pace

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[ad_1] Officials at Dec. 13-14 FOMC meeting agreed to continue increasing the cost of credit in 2023 but gradually to limit economic growth risks. The FOMC meeting declared: “No participants anticipated that it would be appropriate to begin reducing the federal funds rate target in 2023.” According to the minutes of the meeting, released on…

Lack of trading volume killed most coins in the past 10 years

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in Uncategorized

[ad_1] A recent study shows that coins last an average of 1.22 years, and the most common reason for dying off is the lack of trading volume, while being a scam and hosting unsuccessful ICOs are the second and third most common reasons for failure. The study examines the lifetime of coins by looking into…

Genesis pleads for more time to sort ‘complex’ financial situation

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[ad_1] Genesis interim CEO Derar Islim pleaded for more time to sort the financial situation of its lending arm, according to a Jan. 4 statement. Islim said the firm was currently involved in “a very complex process that will take some additional time.” He added that the firm remains committed to solving its current situation.…

Exploring the future of real world asset tokenization with HiFi Finance and Crown Ribbon – SlateCast #42

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[ad_1] In this episode of the Slatecast, host Akiba and Doug from HiFi Finance discuss the potential impact of decentralized finance (DeFi) on tangible real-world assets, specifically through tokenization. HiFi Finance is a decentralized lending and borrowing protocol that fixed-rate loans. Its partnership with Crown Ribbon aims to bring horse syndicates onto the blockchain and…

GMX Whale address loses $3.4M in hack, GMX falls 3%

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