Auto Added by WPeMatico

Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018

Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. However, much of that perception may have…

Continue ReadingReport Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018

Valr Becomes Latest South African Exchange to Exit Crypto Arbitrage Market

Crypto exchange Valr has announced it has closed its crypto arbitrage service to new customers in order to comply with the requirements of its banking partner. This announcement makes Valr…

Continue ReadingValr Becomes Latest South African Exchange to Exit Crypto Arbitrage Market

South African Finance Minister Seeks to Stop Pension Funds From Investing in Cryptocurrencies

South African finance minister Enoch Godongwana has put forward proposals that bar pension funds from investing in cryptocurrencies, and has also set November 12 as the public comment deadline. Cryptocurrencies…

Continue ReadingSouth African Finance Minister Seeks to Stop Pension Funds From Investing in Cryptocurrencies

Report: Leading South African Bank Sends Account Termination Notices to Crypto Arbitrage Traders

One of South Africa’s biggest banks, Standard Bank, has reportedly sent account termination notices to clients that offer automated cryptocurrency arbitrage services. Bank’s Criteria Questioned This move, according to a…

Continue ReadingReport: Leading South African Bank Sends Account Termination Notices to Crypto Arbitrage Traders