Auto Added by WPeMatico

Gold Bug Peter Schiff Insists This Is ‘Not a Crypto Winter,’ Economist Says It’s More Like ‘Crypto Extinction’

Since bitcoin started falling from its all-time high last year, the economist and gold bug, Peter Schiff, made sure everyone knows that he wholeheartedly believes the leading crypto asset will…

Continue ReadingGold Bug Peter Schiff Insists This Is ‘Not a Crypto Winter,’ Economist Says It’s More Like ‘Crypto Extinction’

Onchain Data Reveals Alameda Acquired Specific Tokens a Month Before FTX Listings

According to a report stemming from the blockchain analytics firm Argus, Sam Bankman-Fried’s trading firm Alameda Research obtained tokens ahead of FTX.com listings. The report claims that Alameda acquired roughly…

Continue ReadingOnchain Data Reveals Alameda Acquired Specific Tokens a Month Before FTX Listings

Visa Terminates Agreements With Bankrupt Crypto Exchange FTX

Visa has reportedly terminated its global agreements with collapsed cryptocurrency exchange FTX and its U.S. arm, FTX US. The payments giant added that FTX’s “U.S. debit card program is being…

Continue ReadingVisa Terminates Agreements With Bankrupt Crypto Exchange FTX

Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX

After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on FTX, another crypto asset management firm called Ikigai detailed that…

Continue ReadingIkigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX

US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins

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…

Continue ReadingUS Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins

Effective Altruism: Former FTX CEO’s Alleged $40M Penthouse Listed for Sale, Report Says Firm Spent $74M on Real Estate

In light of a recently published real estate listing, former FTX CEO Sam Bankman-Fried (SBF) is reportedly selling a 12,000-square-foot penthouse in the Bahamas for $39.9 million. Moreover, reports further…

Continue ReadingEffective Altruism: Former FTX CEO’s Alleged $40M Penthouse Listed for Sale, Report Says Firm Spent $74M on Real Estate

St. Kitts and Nevis to Explore Possibility of Making Bitcoin Cash Legal Tender by March 2023

St. Kitts and Nevis will explore the possibility of making bitcoin cash legal tender by March 2023. The statement was made by St. Kitts and Nevis Prime Minister Terrance Drew…

Continue ReadingSt. Kitts and Nevis to Explore Possibility of Making Bitcoin Cash Legal Tender by March 2023