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Congress’s Failure to Pass Regulation Caused FTX’s Debacle, Asserts Crypto-Friendly Senator

US Senator Pat Toomey has blamed FTX’s collapse on the lack of clear regulations. Speaking during the Financial Regulators Hearing on November 15, the legislator took aim at the US Congress, suggesting that if the house had passed regulations on custody for the industry earlier, the FTX implosion could have been avoided. “It certainly appears […] дальше »

2022-11-18 23:56


CryptoSlate Wrapped Daily: SBF faces investor lawsuit in the US as Australia suspends FTX operations; LFG spent $2.8B on UST peg defense

The biggest news in the cryptoverse for November 16 includes Gemini halting withdrawals on its Earn program, Coinbase saying it has zero exposure to Genesis Trading, and Messari estimating that FTX investors may get back up to 50% of their funds after bankruptcy process. дальше »

2022-11-17 01:15


LBank to Publish an Auditable Merkle Tree and Proof of Reserves

The global crypto exchange, LBank, has recently announced that it will share its Merkle-tree proof-of-reserves, in view of recent concerns about the opaque nature of certain industry issues. LBank gave a public statement on November 9 stating that the exchange hopes to facilitate industry transparency and built a strong foundation of trust between exchanges and … Continued The post LBank to Publish an Auditable Merkle Tree and Proof of Reserves appeared first on BeInCrypto. дальше »

2022-11-16 17:00