Search Results for: Crypto lender

Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018

avtor

Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. Vendar, much of that perception may have been a facade as a recent report details that Alameda suffered…

Crypto Exchange Bitfront Shuts Down Amid Industry Challenges

avtor

Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. ZDA. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated to the collapse of FTX. Line-Supported…

Poročilo: State Securities Regulators Probe Crypto Lender Genesis

avtor

State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have…

Poročilo: Crypto Financial Services Firm Matrixport Seeks $100 Milijonska sredstva

avtor

Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 milijonov, which would give Matrixport a post-valuation of $1.5 milijarde….

Russia and Turkey to Collaborate on Combating Crime-Related Crypto Transactions

avtor

Law enforcement and judicial authorities from Russia and Turkey are joining forces in the fight against cybercrime, including the use of cryptocurrencies for illegal purposes. The collaboration has been agreed upon during a visit by Russia’s Prosecutor General to Ankara. Rusija,…

Poročilo: Deleted Files Indicate Crypto Lender Hodlnaut’s Execs Gave Little Weight to Terra Luna Exposure

avtor

According to a report, the embattled crypto lender Hodlnaut saw a significant loss from the Terra blockchain collapse last May. The report notes that Hodlnaut downplayed the company’s exposure to the Terra ecosystem and allegedly lost $190 million from the incident….

JPMorgan Hires Former Executive of Bankrupt Crypto Firm as Head of Digital Assets Regulatory Policy

avtor

JPMorgan Chase & Co. has hired bankrupt crypto lender Celsius Network’s former head of policy and regulatory affairs as its new head of digital assets regulatory policy. The move followed JPMorgan CEO Jamie Dimon telling U.S. Congress that crypto tokens, like…

Binance Licensed in Kazakhstan as Provider of Crypto Exchange and Custody Services

avtor

Authorities in Kazakhstan have granted Binance a license to operate as a digital asset platform and provide an array of relevant services. While working out of the nation’s financial hub in the capital Nur-Sultan, the crypto exchange will offer registration to…

More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo

avtor

Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexo’s Earn Interest Product (EIP) may be in violation of securities…