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Weekly News

The Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury

  • Post author:admin
  • Post published:November 11, 2022
  • Post category:Weekly overview

The payments operator responded to a Treasury inquiry related to the presidential executive order with an appeal to keep bank interests in sight when designing digital assets. United States payment…

Continue ReadingThe Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury

US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX

  • Post author:admin
  • Post published:November 11, 2022
  • Post category:Weekly overview

“FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine Waters. Maxine Waters, chair of the United States House of…

Continue ReadingUS lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX

Japan’s financial regulator requests FTX Japan halt operations

  • Post author:admin
  • Post published:November 11, 2022
  • Post category:Weekly overview

Under the orders, FTX Japan will be required to suspend OTC derivatives transactions and related margins as well as new deposits from Nov. 10 to Dec. 9 unless the FSA…

Continue ReadingJapan’s financial regulator requests FTX Japan halt operations

Breaking: FTX partially resumes withdrawals, blockchain data shows

  • Post author:admin
  • Post published:November 11, 2022
  • Post category:Weekly overview

Transactions are leaving the FTX hot wallet at a rate in the single digits per minute. According to data from Etherscan on Nov. 10, troubled cryptocurrency exchange FTX appears to…

Continue ReadingBreaking: FTX partially resumes withdrawals, blockchain data shows

Bitcoin price gains $1K in minutes as CPI data deals DXY fresh 2% dip

  • Post author:admin
  • Post published:November 11, 2022
  • Post category:Weekly overview

Wild volatility continues for Bitcoin and altcoins as the lowest CPI readout since January pummels the dollar. Bitcoin (BTC) surged $1,000 in five minutes before the Nov. 10 Wall Street…

Continue ReadingBitcoin price gains $1K in minutes as CPI data deals DXY fresh 2% dip

Report: Tether freezes $46M of FTX’s USDT, setting new precedent

  • Post author:admin
  • Post published:November 11, 2022
  • Post category:Weekly overview

Tether has thus far only frozen USDT funds held in private wallets when requested by law enforcement. According to blockchain transaction data provided by WhaleAlert on Nov. 10, Tether appears…

Continue ReadingReport: Tether freezes $46M of FTX’s USDT, setting new precedent

Sam Bankman-Fried apologizes for FTX liquidity crisis: ‘I fucked up twice’

  • Post author:admin
  • Post published:November 11, 2022
  • Post category:Weekly overview

According to the FTX CEO, Alameda Research was also “winding down trading” but United States-based exchange FTX US “was not financially impacted” by recent events. In one of his first…

Continue ReadingSam Bankman-Fried apologizes for FTX liquidity crisis: ‘I fucked up twice’
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