Search Results for: Customer Funds

Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit

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Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities…

FTX Boss Ryan Salame’s Maryland Home Searched by FBI in Unexplained Raid

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According to unnamed sources, the home of Ryan Salame, the former co-chief executive of FTX Digital Markets, was searched by the U.S. Federal Bureau of Investigation (FBI) am Donnerstag. The grounds for the raid remain unknown, and neither Salame nor his…

Crypto Exchange Bitrue Suffers $23 Million Hack

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Singapore-based crypto exchange Bitrue has lost millions of U.S. Dollar’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitwahr…

Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar

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Willkommen bei Latam Insights, ein Kompendium der wichtigsten Krypto- und Wirtschaftsentwicklungsnachrichten aus Lateinamerika der letzten Woche. In dieser Angelegenheit: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches its own dollar-pegged…

ECB Board Member Warns EU’s New Crypto Rules Not Sufficient

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A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (Glimmer) Rechnung “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safeguards to prevent incidents similar…

P2P-Bitcoin-Börse Paxful sperrt Marktplatz wegen Ungewissheit über die Rendite

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Laut einer Nachricht des Gründers und CEO von Paxful, Ray Youssef, Die Peer-to-Peer-Bitcoin-Handelsplattform stellt ihren Marktplatz ein, und das Unternehmen ist unsicher, ob es zurückkehren wird. Youssef nannte Herausforderungen wie Vorschriften und einige wichtige Personalabgänge, Aber…

‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’

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Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signaturbank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable…

Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

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Billionaire Bill Ackman has warned that the U.S. economy is “heading for a train wreck” if the government allows the current banking crisis to continue. “Trust and confidence are earned over many years, but can be wiped out in a few…

Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, Prüfbericht

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Bitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and had its France-based server infrastructure seized in January. Bitzlato Customers Allowed…