While SBF covered many areas in his substack letter, one thing was echoed over and again, and that is the fact that he did not steal users’ funds.
The Polygon ecosystem has grown exponentially in the past year with over 207 million unique addresses, and more than 2.3 billion processed transactions.
The SEC also revealed that Genesis and Gemini generated assets worth hundreds of dollars from hundreds of thousands of investors.
The company hasn’t commented on what roles were largely requested to leave in the latest round of layoffs.
Bitcoin whales significantly contributed to the recent rally above $19K.
Today, both WonderFi and Coinsquare are big players in the Canadian crypto industry.
The Bulgarian police has raided Nexo’s office on charges of “organized crime, money laundering, tax evasion, banking activity without a license, and computer fraud”.
When the ETF goes live, it will offer diversification and a means for investors to meet their demands.
Naming rights have been a popular initiative for crypto firms before the commencement of the crypto winter of 2022.
Lawmakers in El Salvador have greenlit a law that could facilitate the country’s long-standing Bitcoin bond initiative.
This recovery in assets could be a major boon for FTX’s customers who have their massive crypto investments frozen after the bankruptcy filing.
The recent development comes as crypto exchange Huobi continues to lose market share in recent times which has now dropped to less than 4%.
According to a blog post by the firm, Quasar will use the majority part of the fund for product development.
The UK FDC will focus on the potential for a Central Bank Digital Currency (CBDC), as well as the regulatory approach to stablecoins and other valuable crypto assets.
Besides pursuing regulatory approval, Binance has also continued to expand its workforce.