Loans to the troubled hedge firm Three Arrows Capital would be immune from this. Customers who don’t want to use FTX may nonetheless file bankruptcy claims. Alameda Research and its affiliate FTX have offered to purchase Voyager Digital, but Voyager Digital has rejected the deal, calling it a “low-ball bid.”
The Argentinian government prohibits crypto buyers from purchasing dollars. The bank will sell dollars to those that have not purchased crypto for 90 days. A new set of regulations from the Argentinian Central Bank have an impact on individuals and companies who have invested in cryptocurrencies as a hedge against
SEC recently alleged that 9 crypto assets listed by Coinbase are securities. SEC continues to have an eagle eye on the unregulated crypto industry. After charging a former Coinbase employee in an insider trading case, the U.S Securities and Exchange Commission (SEC) is now extremely serious on the grounds to
The transaction was worth 8,000 ETH ($12,084,840), at the time of writing. Last week, Ethereum registered over 2 million unique active addresses. Ethereum (ETH) is the second largest cryptocurrency in terms of market capitalization and it holds over 18.4% of the market share. Due to the current market volatility, Ethereum
An $800 million bond payment is due in January 2023 on President Nayib Bukele. El Salvador’s initial purchase in September last year saw a 50% drop in its value. Investors can take advantage of the present pricing of El Salvador-issued Eurobonds because of the recent crypto meltdown, according to Morgan
VARA has already awarded OKX a provisional license before approving Huobi. Huobi believes a regional headquarters for the exchange may be established in Dubai. The Dubai Virtual Assets Regulatory Authority (VARA) has awarded provisional approval to Huobi, according to a statement from the business. Huobi’s virtual asset exchange products and
More than 19k BTC was traded by public miners following market deterioration. This week, the cryptocurrency industry surged past $1 trillion in market capitalization. Since May, major institutions have sold at least 236,237 BTC, according to Arcane Research analyst Vetle Lunde in a tweet on Thursday. For the first step,
A currency devaluation of 25% was announced on Thursday. Withdrawals from payment cards have now been capped to 12,500 hryvnia per week. National Bank of Ukraine’s (NBU) new policies is a reaction to the changing economic foundations of the nation amid a continuous war with Russia. A currency devaluation of
The coins were not secured by gold or even other valuable assets as claimed. CFTC also brought allegations against Crater and My Big Coin in 2018. It was stated on Thursday that My Big Coin Pay Inc. founder Randall Crater had been found guilty of crypto fraud by the United
Overexposure to Terra, staked Ethereum, and Grayscale’s Bitcoin trust are blamed. Zhu said that when it came to Terra, he originally saw no warning signs. A Bloomberg interview with Su Zhu and Kyle Davies, the two co-founders of the recently collapsed crypto hedge firm Three Arrows Capital (3AC), has broken
