FTX: Investors in collapsed crypto exchange facing questions from regulator over sloppy due diligence January 6, 2023 Investors in crypto exchange FTX are facing regulatory probes into their due diligence processes after pumping millions into the firm before it spectacularly collapsed in early November. FTX, founded by disgraced former billionaire Sam Bankman-Fried, had been valued at $32bn prior to its collapse and won hefty backing from a host of big name backers [...]
Twitter users horrified as 200m leaked email addresses sold on dark web, but who is being blamed for the breach? January 6, 2023 A major security breach at online micro-blogging site Twitter has been blamed on owner Elon Musk’s mass firing of staff. Over 200 million Twitter users woke up to find their email and log-in details had been posted online. According to several reports, the data was stolen over a year ago but has only just been [...]
Crypto’s past performance is not indicative of future results – bring on 2023! January 6, 2023 Jason Deane charges into 2023 full of optimism and hope for Bitcoin and crypto as we shut the door on a cheerless 2022.
The Sandbox, Quant and Axie Infinity experienced biggest rise in open positions on eToro January 5, 2023 Digital asset investors coalesced around big crypto names in 2022 as the market faced significant price volatility, according to eToro.
Crypto markets are ‘flatter than an elephant’s camping stool’ January 5, 2023 Bitcoin’s seven-day volatility has declined to 0.7% and is sitting at lows not seen since February 2019 and the stagnant crypto markets.
Without proper financial education, this year will be a baptism of fire for Gen Z January 5, 2023 Whilst a recession has an impact on every generation, in 2023 it’s Gen Z who are going to find the transition into a sharp economic downturn the hardest. With no savings, and finding themselves just entering the world of work, this prolonged period of economic uncertainty coincides with the first time many of them will [...]
Bank of England publishes list of questions asked by suitors for its CBDC wallet January 4, 2023 The Bank of England has revealed more than 70 questions asked by applicants keen to win the contract create a wallet for its CBDC project.
Crypto horse bolted well before US regulators’ warning shot, analysts say January 4, 2023 Crypto analysts warned that US regulators may be trying to “shut the stable door after the horse has bolted” today after the US central bank and financial watchdogs sounded the alarm over the risks that cryptocurrencies could pose to mainstream lenders. The Federal Reserve, alongside the Federal Deposit Insurance Corporation and the Office of the [...]
A case for the defence in a trial of Elon Musk vs The Cryptoverse January 4, 2023 Nigel Green sets out the key reasons why he believes that it is now high time for crypto bulls to embrace the vision of Elon Musk.
Sam Bankman-Fried pleads ‘NOT GUILTY’ to fraud charges – trial set for October January 3, 2023 The founder of collapsed cryptocurrency exchange FTX has pleaded not guilty to charges of cheating investors out of billions of dollars.