Biggest crypto exchange Binance urges new industry rules
The boss of Binance tells the G20 the collapse of a rival exchange shows crypto needs regulations. Source link
US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins – Bitcoin News
According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed…
Opinion: In zero-Covid China, a different death toll emerges
Editor’s Note: Matthew Bossons is an editor and journalist based in Shanghai. He has lived in China since 2014. The views expressed in this commentary are his own. View more…
Crypto Exchanges Need Proof Of Reserves – Bitcoin Magazine
The Bitcoin Policy Institute (BPI), a non-profit dedicated to furthering governmental Bitcoin adoption, has released a new report discussing proof-of-reserves (PoR) in the bitcoin and cryptocurrency ecosystem following the FTX…
The fall of the FTX ‘King of Crypto’ Sam Bankman-Fried
How a crypto empire built on video game battles and beanbags came crashing down. Source link
How Much Longer Till The Bottom
In this episode of NewsBTC’s daily crypto technical analysis videos, we are examining past Bitcoin bear markets to see how much further we could have before a bottom is in.…
Haiti’s cholera death toll rises to 136 as outbreak gets ‘worse and worse every day’
CNN — A deadly resurgence of cholera in Haiti has claimed 136 lives so far, according to the Caribbean nation’s health ministry. Eighty-nine of the people who were infected died…
Facebook-owner Meta to cut 11,000 staff
Chief executive Mark Zuckerberg said it was one of the most difficult changes in Meta’s history. Source link
‘Crypto assets are not play money’
European Parliament economics committee member Stefan Berger has compared the current situation with FTX to the 2008 financial crisis, using “such Lehman Brothers moments” in justifying the need for regulating…
Elon Musk sold nearly $4 billion worth of Tesla stock since Twitter deal closed
New York CNN Business — Elon Musk sold $3.95 billion worth of Tesla stock since completing his purchase of Twitter late last month. Musk’s Tesla stock sales, totaling 19.5 million…