jupiter
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1 year, 7 months ago
Celsius Network Transfers $30 Million Worth of Crypto Amid Legal Battles and Plans for Customer Repayment
In a recent development, crypto lending firm Celsius Network has transferred around $30 million worth of crypto assets, including Ethereum (ETH) and stablecoins, amid its ongoing legal battles. The company also…
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1 year, 7 months agoAlameda's Financials Under Scrutiny in Bankman-Fried Trial
Caroline Ellison, the ex-girlfriend of Sam Bankman-Fried, concluded her testimony in the trial on Thursday. Over the course of three days, she was questioned about her company’s accounting practices. Ellison r…
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1 year, 7 months agoTether Appoints Paolo Ardoino as CEO to Drive Expansion into New Business Areas
Tether, the issuer of the world’s largest stablecoin, is undergoing a leadership change as it seeks to expand its focus. Paolo Ardoino, who has been serving as Tether’s chief technology officer since 2017, will tak…
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1 year, 7 months agoRussian Connection Uncovered in FTX Heist: Stolen Funds Traced to Criminal Organizations
FTX, a major cryptocurrency exchange, recently filed for bankruptcy after being hacked for $477 million. The stolen funds, primarily in ether, remained inactive for five days before a significant amount was moved…
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1 year, 7 months agoExplosive Testimonies Reveal Alameda's Role in FTX Collapse
Explosive Testimonies in Trial of Former FTX CEO Reveal Alameda’s Role in Financial CrisisThe ongoing trial of former FTX CEO Sam Bankman Fried has brought to light shocking revelations through testimonies from f…
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1 year, 7 months agoCan CBDCs and Stablecoins Coexist? Experts Weigh In
At the recent Future Innovation Summit event in Dubai, a panel discussion titled “Stablecoins, Central Bank Digital Currencies and Cross-Border Payments” explored the possibility of coexistence between CBDCs and…
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1 year, 7 months agoFormer Alameda CEO Exposes Financial Wrongdoing at FTX in Shocking Confession
Former CEO of Alameda Research, Caroline Ellison, has made shocking revelations during a secret recording obtained by prosecutors. In the recording, Ellison alleges that Sam Bankman-Fried, the founder of Alameda…
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1 year, 7 months agoRipple CTO Counters Cardano Founder's Claims on Ethereum's Regulatory Status
Ripple’s CTO, David Schwartz, has responded to Cardano founder Charles Hoskinson’s comments regarding the US regulators’ determination that Ethereum (ETH) is not a security. Hoskinson addressed the conspiracy theor…
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1 year, 7 months agoTerraform Labs Files Lawsuit Against Citadel Securities Over Stablecoin Crash
Terraform Labs, led by founder Do Kwon, has filed a lawsuit against Citadel Securities, accusing the company of intentionally causing the crash of its stablecoin in 2022. The lawsuit alleges that the market…
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1 year, 7 months agoSEC Unlikely to Appeal as Grayscale Bitcoin Trust Discount Hits Yearly Low
The discount on Grayscale Bitcoin Trust (GBTC) has reached its lowest point this year, currently standing at 16.58% as of October 12th. This narrowing discount is closely linked to the impending deadline for the…
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1 year, 7 months agoDOJ Accuses Sam Bankman-Fried of Misappropriating Billions from Customers and Investors
The Department of Justice (DOJ) has presented a clear narrative in the case against Sam Bankman-Fried. According to the DOJ, Bankman-Fried allegedly took billions of dollars from his customers and investors. He…
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1 year, 7 months agoFrench Regulator Highlights DeFi Centralization Concerns as Cloud Providers Remain Dominant
France’s banking and insurance regulator, the ACPR, has released the findings of its public consultation on regulating decentralized finance (DeFi). The consultation highlighted the concentration of i…
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1 year, 7 months agoG20 Adopts Regulatory Roadmap for Crypto Oversight
On October 13, the G20, an international forum for governments and central banks, unanimously adopted the G20 Finance Ministers and Central Bank Governors Communique during its meeting in Marrakesh, Morocco. The…
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1 year, 7 months agoFrench Central Bank Considers Regulatory Framework for Disintermediated Finance in DeFi
The French Central Bank’s regulatory body, the Autorité de Contrôle Prudentiel et de Résolution (ACPR), has published a summary of its public consultation on decentralized finance (DeFi). The consultation, whic…
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1 year, 7 months agoFormer Firefly Team to Unveil Bloom: A Revolutionary Wallet for IOTA's Shimmer Ecosystem
Bloom, a groundbreaking wallet for the Shimmer ecosystem, is set to be introduced by IOTA. Spearheaded by the former Firefly team, Bloom aims to revolutionize the user experience by offering enhanced security and…
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1 year, 7 months agoAttorney John Deaton Criticizes SEC's Inefficiency in Addressing Oversight Requests
John E. Deaton, a prominent attorney in the XRP community, expressed his frustration with the lack of effectiveness in addressing the US Securities and Exchange Commission (SEC) through letters to its Chairman,…
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1 year, 7 months agoSEC Chair Gensler Faces Compulsory Process Threat Over Alleged Obstruction by House Committee
SEC Chair Gary Gensler is facing threats of compulsory process if the agency does not comply with oversight requests from the House Committee on Oversight and Accountability by October 19. Chairman James Comer…
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1 year, 7 months agoGenesis Suspends Customer Withdrawals Amidst FTX Settlement and Crypto Trading Discontinuation
Genesis, a prominent crypto broker, has suspended customer withdrawals following a $175 million settlement with FTX, a bankrupt cryptocurrency exchange. This decision comes after Genesis announced in September that…
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1 year, 7 months agoSEC Faces Deadline to Appeal Court Decision on Grayscale's Bitcoin ETF Application
The United States Securities and Exchange Commission (SEC) is approaching its deadline to appeal a court decision in favor of Grayscale Investments. The court ruled that the SEC must review Grayscale’s a…
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1 year, 7 months agoSecretly Recorded Audio Reveals Alameda Research's Misuse of User Funds from FTX
A secretly recorded audio clip has revealed the moment when former staff members of hedge fund Alameda Research discovered that the fund had been “borrowing” user funds from FTX. The 75-minute recording, obt…
