CFTC report endorses tokenizing trading collateral
Distributed ledger technology can help solve longstanding challenges in US financial markets, the report says.
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Caroline Ellison provided 7 ‘alternative’ balance sheets hiding Alameda’s exposure to FTX
The former CEO testified that she had provided SBF seven options for spreadsheets with misleading information on Alameda’s financials to present to Genesis lenders. 578 Total views 3 Total shares Testifying on the sixth day of Sam “SBF” Bankman-Fried’s criminal trial in New York, former Alameda Research CEO Caroline Ellison admitted to providing fudged numbers

HK and Singapore’s mega-rich are eyeing crypto investments: KPMG
Hong Kong and Singapore’s wealthy elite appear to be looking at digital assets with fervor, after a new report from KPMG suggesting over 90% of family offices and high-net-worth individuals (HNWI) are interested in investing in the digital assets space or have already done so. According to an Oct. 24 report from KPMG China and Aspen…

Bitcoin price dips below $25K — Opportunity, or sign of incoming disaster?
Bitcoin stands at the edge of a bearish breakdown, with a small possibility that the $25,000 support level could hold.On Sept. 11, Bitcoin (BTC) broke from its parallel range between $25,500 and $26,500, falling to an intraday low at $24,950. A daily close below $24,750 threatens a drop to the sub-$20,000 range, but there’s a

UFC to pay out fighter bonuses in Bitcoin for its upcoming PPV events
Sports and crypto have gone hand in hand over the past couple of years, as most sporting companies across various niches have on-boarded crypto firms as their brand partners. 116 Total views 50 Total shares Ultimate Fighting Championship (UFC), the popular mixed martial arts organization, will be paying out Fan bonuses to its fighters in…

Banking turmoil pushes crypto to ‘no oversight’, says Circle CEO
Crypto firms who have had the strongest position with U.S. regulation are now considered “unsafe,” Circle CEO Jeremy Allaire stated. Own this piece of history Collect this article as an NFTThe ongoing crisis and uncertainty around the global banking system could push the cryptocurrency market into a more gray area in terms of regulation, Circle…

Data Research Firm: 96 Percent of Companies That Exist Today Will Fail in 10 Years
Anyone involved in marketing knows the adage as old as advertising itself: “Half the money I spend on advertising is wasted; the trouble is I don't know which half.” The reality may be worse though - not just a half, but an absolute majority of marketing budgets is wasted on customers that don’t generate enough…

Fantom allocates $120M FTM tokens for Sonic migration
The money comes from smart financial strategies led by Fantom network creator Andre Cronje without increasing the total number of tokens.

Crypto.com suspends US institutional exchange service
The global cryptocurrency exchange cites limited demand for institutional-grade services under current market conditions. 1198 Total views 9 Total shares Crypto.com will no longer serve institutional clients in the United States after announcing the suspension of the service from June 21.The Singapore-based cryptocurrency exchange cited limited demand from institutional customers as a primary reason for…