Category: Latest news

[ad_1] In a press release on Nov. 12, the Securities Commission of The Bahamas (SCB) contradicted the statement published by FTX about resuming withdrawals in The Bahamas. Securities Commission Addresses FTX Statement on Bahamian Withdrawals pic.twitter.com/OZKWwicSuN — Securities Commission of The Bahamas (@SCBgov_bs) November 12, 2022 On Nov. 11, the former head of institutional sales…

[ad_1] For almost the entirety of 2022, U.S. inflation data has caused pain in the markets, however, a slowdown in October gave new hope for less aggressive Fed hikes. Investors grabbed the chance with both hands as U.S. equities and fixed-income had their best day since the spring of 2020 while the dollar index sank…

[ad_1] Pantera Capital CEO, Dan Morehead, posted a tweet late last night addressing the fallout of the ongoing FTX situation and how it highlights the importance of what Pantera is building. FTX underscores the importance of what we are building here – a more efficient, decentralized, and open financial ecosystem. As my co-CIO @joeykrug writes:…

[ad_1] The general counsel of FTX US, Ryne Miller, has released a statement from John J. Ray III, Chief Restructuring Officer and now-appointed CEO of FTX related to “unauthorized” access to FTX funds. 1/ Statement from John Ray, Chief Restructuring Officer and CEO of @FTX_Official — Consistent with their obligations as Chapter 11 Debtors-in-Possession, FTX…

[ad_1] In a discussion between CoinDesk and the Galois Capital co-founder, Kevin Zho, it was explained that a total of an estimated $40 million in funds are locked up in FTX at this time. The crypto hedge fund Galois Capital had earlier this year gained some renown for predicting the Terra crash — whose stablecoin…

[ad_1] Nick Percoco, the CSO of Kraken Exchange, tweeted just an hour ago in response to Mario Nawfal that the Kraken team now knows the identity of the user that hacked FTX. We know the identity of the user. — Nick Percoco (@c7five) November 12, 2022 Founder and CEO of IBCgroup.io, Mario Nawfal tweeted explaining…

[ad_1] Ethereum became the most deflationary in its history, as the annual supply dipped below zero for the first time since the Merge. According to Ultrasound Money, the annual inflation rate has fallen to -0.032/year, which indicates that the network is now burning more Ethereum than its minting. The negative inflation rate has decreased Ethereum’s…

[ad_1] Readers collect books; each book represents the time invested in reading it and the journey of experiencing a different reality. Likewise, games represent the same for gaming professionals or even enthusiasts. To passionate gamers, each gaming object — whether a collectible card or just a CD — represents memories of a time they enjoyed…

[ad_1] Kucoin CEO, Johnny Lyu, has explained in a number of tweets today that Kucoin has been transparent with its users since day one of building the hybrid centralized/decentralized cryptocurrency exchange. From day 1 of building KuCoin, we have been transparent to our users. The overview of some of KuCoin’s hot and cold wallet addresses…

[ad_1] SkyBridge Capital founder Anthony Scaramucci told CNBC on Friday that the company is trying to buy back the stake FTX had acquired in the alternative investment firm. “We’re in a worse position because of the fact that we made the decision to have Sam join the cap table at SkyBridge,” Scaramucci said. “There’s no question…