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Yearly Archives: 2023

The Sam Bankman-Fried Trial Is Revealing Crypto’s Amateur-Hour Ways

Paradigm, BlockFi, Genesis and other companies did not have access to audited financial statements prior to investing or loaning billions to FTX, FTX.US. and...

How African Students Became Victims of FTX’s Collapse

With exchanges like Binance still running ambassadorships in African countries, students have become increasingly skeptical of the programs, following their experiences with FTX. “You...

Crypto investor protections in EU won’t take effect until late 2024

Cryptocurrency investors in Europe are not yet protected under European Union cryptocurrency asset market rules and it will take some time for the protections...

Why brand consistency matters and how Web3 companies are failing to deliver

Michelle Yeoh has stiff competition for her deserved Oscar as the multiverse-hopping Evelyn in one of last year’s hottest movies. Web3 firms are also...

Banks’ crypto exposure must be disclosed: BIS’ Basel Committee

The Basel Committee of the Bank of International Settlements (BIS) released a consultation paper on Oct. 17, proposing to make it compulsory for banks...

Crypto Custody Firm BitGo Buys HeightZero to Boost Institutional Offering

“RIAs should absolutely be calling up BitGo, getting HeightZero, getting qualified custody and doing it now, before the ETF,” Belshe said in an interview....

U.S. Tightens China’s Access to A.I. Chips

The further limits on shipments could cripple Beijing’s A.I. ambitions and dampen revenues for U.S. chip makers, analysts said. www.nytimes.com

NZD/USD Testing the 200 SMA After Inflation Jumps in Q3

The New Zealand dollar turned bearish in July as risk assets such as commodity currencies weakened versus the US dollar and havde been falling...

Johnson & Johnson (JNJ) Q3 earnings report 2023

Johnson & Johnson on Tuesday reported adjusted earnings and revenue that topped Wall Street's expectations, and lifted its full-year guidance as sales in the...

Binance.US Halts Direct Dollar Withdrawals

Dollar deposits in user wallets are no longer eligible for FDIC insurance protection, according to the updated terms of use. www.coindesk.com

Bankrupt Crypto Exchange FTX Proposes Returning Up to 90% of Customer Funds

Binance has long been the world's largest cryptocurrency exchange by trading volume. Still, on Monday, traders looking to buy and sell bitcoin (BTC) quickly...

BTC price holds 6% gains as Bitcoin battles for ‘crucial’ $28K support

Bitcoin (BTC) passing $28,000 hints at bullish sentiment, but reclaiming it for good is essential, analysis says.In an X post on Oct. 17, Yann...

Ripple VP: The Policy Considerations 'Justifying the Implementation of CBDCs'

Central bank digital currencies have nearly limitless opportunity but ultimately, mainstream adoption hinges upon usability, Ripple Vice President James Wallis writes. www.coindesk.com

Is Manufacturing Coming Back from Recession?

According to recent business surveys provided mainly by research company S&P Global but by other firms as well, such as Caixin, factories in the...

Gold (XAU/USD) Consolidates After Flight-to-Safety Surge, 200-dma Now in Play

Gold (XAU/USD) Analysis, Prices, and ChartsMacro backdrop remains supportive for gold.The 200-day simple moving average is now in play. Recommended by ...

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