BIS wraps exploration project on retail CBDC payment system
The bank concluded that a ‘hub-and-spoke’ model between CBDC domestic systems could “reduce settlement and counterparty risk" and complete cross-border transactions in seconds.
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Coinbase announces acquisition of One River Digital Asset Management
As part of the acquisition, Coinbase said One River Digital’s team would join the exchange and CEO Eric Peters would stay to lead the firm under the name Coinbase Asset…
Circle, Paxos, Bitstamp and Galaxy join Coinbase in scaling back partnerships with Silvergate Bank
Silvergate is reportedly facing an investigation from the United States Department of Justice over its alleged role in the FTX collapse, involving Sam Bankman-Fried's account.
Ukraine-based blockchain firm reports company ‘stronger’ one year into war
Russian military forces invaded areas of Ukraine in February 2022, and workers at businesses including Everstake have faced life in shelters and the constant threat of shelling.
FTX Japan reports $50M in withdrawals since Feb. 21
According to the crypto exchange, 7,026 FTX Japan account holders had moved funds from the firm to Liquid Global — a requirement in order to withdraw assets.
How to build a crypto portfolio without spending any money or time trading
Some say “it takes money to make money,” but this isn’t true in crypto. Here’s a few free ways to start building a portfolio.
Trading on major exchanges spiked following collapse of Terra, FTX: BIS report
The report suggests that whales with Binance, FTX and Coinbase “probably cashed out at the expense of smaller holders” by reducing their BTC stockpiles as retail investors bought.
FTX Japan plans to resume withdrawals as early as February: Report
FTX Japan Holdings, FTX Japan and FTX Japan Services were three of FTX’s 134 subsidiaries caught up in the firm’s Chapter 11 bankruptcy filing in the United States.
Binance moved $400M from Binance.US account to firm tied to CZ: Report
A Binance.US spokesperson reportedly said only the exchange’s employees had access to its accounts, seemingly including any at Silvergate Bank.
Charity tied to former FTX exec made $150M from insider trading: Report
The former FTX chief of staff reportedly ‘donated’ FTT tokens he had obtained at a price of $0.05, later selling them after public trading opened for $1.
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