Business News
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Sam Bankman-Fried is to be extradited to the U.S. today
Sam Bankman-Fried was supposed to appear yesterday in court in the Bahamas, but did not show up even though his…
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WhiteBIT and FC Barcelona sign global partnership 3-year deal
Lithuania-based exchange WhiteBIT and famous soccer team FC Barcelona signed a 3-year global partnership. WhiteBIT will be the Official Cryptocurrency…
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Riot Games seeks to end the sponsorship with FTX
Riot Games, the gaming studio where League of Legends was born, had signed an exclusive sponsorship deal with FTX back…
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BlockFi asks court for permission to allow some customers to withdraw their funds
Bankrupt crypto lender BlockFi filed a motion yesterday with the U.S. Bankruptcy Court for the District of New Jersey for…
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Credit Giant Visa is working to set up automatic payments from self-custody wallets on the Ethereum Blockchain
As part of its research into blockchain innovation, Visa proposed earlier today in a blog post the use of Account…
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Binance.US wins the bid to acquire Voyager Digital’s assets
After Voyager Digital filed for Chapter 11 bankruptcy protection in July, the crypto lender’s assets were supposed to be bought…
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Will Elon Musk step down from his CEO position at Twitter ?
Calling out to the Twitter community, Elon Musk launched a poll yesterday asking if he should step down as CEO.…
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In Japan, taxes on crypto gains from issued tokens will be removed
The Liberal Democatric Party, the current ruling party in Japan, approved a proposal aiming to exempt companies from paying taxes…
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Mazars halts its services for crypto companies including Binance
In the controversy surrounding the audits of proof-of-reserves, major French accounting firm Mazars chose to suspend all activity with crypto…
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FTX co-CEO revealed that only three execs could transfer funds from FTX to Alameda
Court documents filed on Wednesday gave a whole new piece of information of major interest to regulators. Indeed, the co-CEO…
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Kevin O’Leary blames Binance for FTX’s collapse
Shark Tank Kevin O’Leary, who admitted to having lost $15 million in FTX, the amount he had received to be…
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Cathie Wood invests some $12 million in Coinbase shares
The dip-buying spree continues over at Ark Invest, technological fund led by Cathie Wood. At the beginning of the FTX…
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Paypal and Metamask partner up
In an official statement released yesterday, PayPal announced that it was partnering with Metmask to offer easy access to ETH…
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The Bahamas authorities reportedly asked SBF to mint tokens worth hundreds of millions
Lawyers working on the bankruptcy case in the U.S. claim that founder and ex-CEO Sam Bankman-Fried was asked to mint…
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Binance “will survive any crypto winter” according to CEO Changpeng Zhao
According to Bloomberg, Binance CEO Changpeng Zhao (CZ) addressed his staff in a memo. He expects the next few months…
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SBF’s bail application was denied by magistrate judge
After his arrest on Monday by the Bahamas police, at the request of the U.S. government, it stood to reason…
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Coinbase received over 12,000 requests from law enforcement in 12 months
In the official Transparency Report released yesterday by Coinbase, covering from October 1, 2021, through to September 30, 2022, the…
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Alibaba integrates the digital yuan in its payment platforms
Chinese tech giant Alibaba and its Taobao e-commerce platform are to integrate the digital yuan, the Chinese CBDC, into their…
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SBF was arrested by Bahamian authorities at the request of the U.S. government
The FTX founder and ex-CEO Sam Bankman-Fried has been in “hiding” in the Bahamas since the FTX collapse, and he…
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Crypto news website The Block received loans from Alameda Research
A report by Axios details three loans made by Sam Bankman-Fried through Alameda to now former The Block CEO Michael…
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SBF wants to create a new company to make FTX customers whole
In an interview with the BBC in a FTX-owned luxury apartment in the Bahamas, founder and ex-CEO of bankrupt FTX…
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Coinbase urges customers to switch from USDT to USDC, waiving the transaction fees
Earlier today, U.S.-based exchange Coinbase urged customers to switch from the older stablecoin USDT to the newer USDC, which Coinbase…
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Forensic investigators go on the hunt for “lost” billions of dollars from FTX
Where are the funds from FTX customers? This is what the forensic investigators hired by FTX’s new management will try…
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Spain’s Central bank seeks collaboration proposals for wholesale CBDC program
Unrelated to the European Union’s plan for a digital euro, Spain’s Central Bank has released a statement in which they…
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SBF is reportedly investigated for market manipulation in relation to the Terra collapse
According to the New York Times, FTX’s founder Sam Bankman-Fried is being investigated for his role in the collapse of…
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Ledger partners with iPod creator for its new generation of hardware wallets
At the OP3N Ledger 2022 Conference held in Paris yesterday and today, Ledger’s CEO made two announcements. First, November 2022…
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Grayscale is sued for potential mismanagement of its Bitcoin Trust GBTC
Grayscale has been in the crosshairs of the community and other industry players lately. As its sister company Genesis Trading…
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Nexo will gradually pull out of the U.S. market
Citing a lack of regulatory clarity, crypto lender announced plans to gradually get out of the U.S. market over the…
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Goldman Sachs will allocate tens of millions of dollars to acquire or invest in crypto companies
We may be starting to see the light at the end of the FTX tunnel. In an interview with Reuters,…
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Centralized exchange Kucoin hires Mazars Group for audit of Proof-of-Reserves
Mazars Group, a leading international audit firm, has been hired by cryptocurrency exchange Kucoin to provide an external proof-of-reserves audit.…
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Genesis owes $1.8 billion to creditors
Crypto lender Genesis has been in troubled waters ever since the start of the FTX debacle. Rumored to be on…
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