FTX Token spikes 70% amid looming bankruptcy distributions

The SEC’s recent inquiry into the Tim Draper-backed DeFi Money Market platform is the most recent example in a concerning trend of increasing action by regulators against unregistered securities.As a result of regulatory inquiries, DMM is ceasing operations. mTokens can be redeemed with interest accrued to-date through the following link: https://t.co/mWB1WacKaH— DMM DAO (@DMMDAO) February…

Bitcoin (BTC) may see more pain in the near future, but the bulk of the bear market is already “likely” behind it.That is one of many conclusions from Philip Swift, the popular on-chain analyst whose data resource, LookIntoBitcoin, tracks many of the best-known Bitcoin market indicators.Swift, who together with analyst Filbfilb is also a co-founder…

Genesis is starting a 30-day meditation with its key creditors as its bankruptcy proceedings are close to hitting the four-month mark. Own this piece of history Collect this article as an NFTCrypto lender Genesis and its key creditor group have agreed to a 30-day mediation process in an attempt to move forward with a final…

The Ministry of Finance is proposing harsh prison sentences for crypto holders, but what about shadow exchanges and darknet criminals? 1693 Total views 23 Total shares Russia’s vast oversight of cryptocurrency transactions appears to have one crucial blindspot: There doesn’t seem to be any liability for criminals who use digital assets to conduct illegal transactions. On…

More listings ahead. 1989 Total views 16 Total shares Crypto exchange Gemini will begin accepting deposits in PAX Gold (PAXG), Amp (AMP) and Compound (COMP) with trading to start Sept. 15.Gemini will offer US dollar trading pairs for PAXG, AMP, and COMP via its ActiveTrader platform and API connections. The exchange will also offer trading…

2022 was supposed to be the year crypto went mainstream, with a significant chunk of traditional venture capital firms betting heavily on the ecosystem in 2021. However, with one disaster after another, 2022 turned out to be a catastrophic year for the nascent crypto ecosystem. Some of the biggest names touted as pivotal to taking…

On April 17, the price of Solana (SOL) crept lower in the wake of similar price moves across the top-ranking cryptocurrencies, including Bitcoin (BTC) and Ether (ETH).SOL's price dropped over 4% under $24.50 despite rising to $26 — a two-month high — earlier in the day. In comparison, BTC's and ETH's prices dropped 3.5% and 3%,…

Three candidates from both the Democratic and Republican parties have taken anti-CBDC positions as part of their 2024 presidential run. 52 Total views 1 Total shares Tom Emmer, majority whip of the United States House of Representatives and crypto proponent, says that digital assets have become a “sleeper issue” in U.S. politics, both at the

SWIFT is a payments colossus. It operates across more than 200 countries, has 11,000-plus financial institution clients and transmits some 8.4 billion financial messages every year. It is the global leader in cross-border bank-to-bank payments and recently played a key role in the West’s economic sanctions on Russia. That doesn’t mean the Belgium-based cooperative is immune…