Social Media Platform X Halts NFT Profile Service, Stirring Mixed Reactions in Crypto Sphere
The social media platform X has discontinued its non-fungible token (NFT) profile image service, a function launched simply final yr in January 2022. The crypto...
Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry
Caitlin Long, CEO of crypto financial institution Custodia, criticized the U.S. authorities for its dealing with of an enormous crypto fraud that occurred months earlier...
Kraken CEO Calls on Congress to Protect US Crypto Industry Following Settlement With SEC Over Staking Program
The CEO of crypto trade Kraken, Jesse Powell, has known as on Congress to cross a regulation to guard the U.S. crypto trade after the...
Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web
The accounting agency Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the just lately printed Binance POR has been faraway from...
Report: Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’
According to a latest report printed by the Wall Street Journal (WSJ), cryptocurrency executives have been allegedly involved that Sam Bankman Fried’s (SBF) Alameda Research...
Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group
This week two cryptocurrency exchanges offered proof-of-reserves to be able to spotlight that the buying and selling platforms are backing buyer belongings 1:1. Binance printed...
US Trustee Plans to Appoint an Examiner to FTX Case, While SBF Describes Strange Margin Trading Practices
On Dec. 1, 2022, an legal professional for the U.S. Trustee submitted a written letter to Delaware chapter court docket officers that seeks to ascertain...
Kraken’s Jesse Powell Takes Aim at Newly Launched Proof-of-Reserve Lists, POR Audit ‘Requires Cryptographic Proof’
On Tuesday, amid the numerous conversations regarding crypto change proof-of-reserves, Kraken government Jesse Powell shared a screenshot of coinmarketcap.com’s newly launched proof-of-reserves (POR) dashboard. Powell...
Bankman-Fried’s Private Jet Causes Buzz, Kraken CEO Addresses FTX Collapse, More Sleeping Bitcoins Wake Up — Week in Review
With the colossal collapse of crypto change FTX in latest weeks, pleasure on this planet of cryptocurrency and finance has been in no brief provide....
Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo
The CEO of cryptocurrency change Kraken has outlined the impression of FTX’s failure on the crypto business. After itemizing a number of purple flags, the...