Bob Diamond’s acquistion vehicle abandons merger with crypto firm Circle December 5, 2022 Bob Diamond’s acquisition vehicle has scrapped a deal to take cryptocurrency firm Circle public today as the sector is rocked by the collapse of crypto exchange FTX and a slump in prices.
Bitcoin could tumble to £4,100 next year, analysts warn December 5, 2022 Bitcoin could plunge by a further 70 per cent next year as investors scramble for safe havens like gold amid continued turmoil on the markets, analysts have warned.
Bankman-Fried admits meetings on Alameda’s finances prior to FTX collapse December 4, 2022 Sam Bankman-Fried has admitted he had more knowledge of the financial health of FTX’s sister trading Alameda Research than previously suggested, as the extent of the ties between the two collapsed firms emerges.
FTX collapse shows need for venture capital ‘correction’, says investment chief December 4, 2022 The collapse of FTX has underscored a “distortion” in the venture capital market and the need for a correction across the industry, the boss of a global investment body has said.
The spotlight on risk and compliance in Digital Assets December 2, 2022 | Sponsored The recent meltdown of the “JP Morgan Of crypto” FTX has created and existential crisis among the Digital Asset arena. This has undoubtably shed a gigantic spotlight on the attitude of the Digital Asset sector to compliance, risk, and general governance internally. With the wreckage still being sifted through from regulators and investors alike the [...]
Sam Bankman-Fried: A tissue of lies soaked with fake tears? December 1, 2022 Sam Bankman-Fried agreed to a live interview - admittedly against the advice of his lawyers - during a New York Times event yesterday.
Bankman-Fried claims he ‘didn’t ever try to commit fraud’ December 1, 2022 Sam Bankman-Fried tried to reject allegations he had committed fraud in the collapse of his crypto exchange FTX yesterday as he mounted his first public defence since the implosion of the exchange earlier this month.
Huobi and Poloniex crypto exchanges set to merge November 30, 2022 Crypto exchanges Huobi and Poloniex have said they are to merge, days after both platforms denied rumours of joining forces.
‘The brand is no more’ – crypto exchange AAX unlikely to reopen November 30, 2022 Beleaguered exchange AAX is unlikely to be revived, and the brand “is no more”, says its former Vice President who resigned this week.
Bitcoin ‘on the road to irrelevance’, says ECB November 30, 2022 The European Central Bank said Bitcoin is on the “road to irrelevance” today as it slammed the cryptocurrency as a “speculative bubble” with no productive value.