English

crypto / English

Stories published on May 8
  • Related stories in the last 90 days
  • Stories published on May 8

Wednesday, May 8

23

President Biden says he would veto resolution countermanding SEC crypto rule

cointelegraph.com

After the U.S. House of Representatives postponed proceedings on a resolution overturning an SEC policy affecting crypto, President Joe Biden said he would veto the measure.

22

Bankrupt Crypto Firm FTX Is Going to Pay Customers Back in Full — Plus Interest

A majority of customers would get at least 118% of their money back under a proposed plan, as the company now has up to $16.3 billion in cash to use.

Blockchain education initiatives take off amid crypto bull market

cointelegraph.com

Despite strong demand for crypto-savvy workers, there exists a shortage of highly-experienced employees.

21

This Week in Web3: Wells Notices, Crypto Payments and Usability

www.pymnts.com

Crypto goes up, and crypto goes down. Then, often, crypto goes back up. It can be a dizzying and volatile cycle. Just collapsed cryptocurrency exchange FTX’s customers, who, having once feared they’d lost their collective billions, can now…

US crypto entrepreneur arrested in Dubai alleges torture by police

www.theguardian.com

Edel Hsieh, who is linked to HyperVerse CEO, alleges police tortured him into signing a false confession

Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years

cointelegraph.com

The bill introduced in the House would impose a fine of up to $100,000 for handling funds from mixers while Treasury writes a report.

20

Crypto lending platform Nexo allocates $12M for ecosystem incentives

cointelegraph.com

The rewards will be active until July 7 and will incentivize users to trade, earn, deposit, and borrow on the platform.

Failed crypto giant FTX has recovered billions more than it needs to pay back bankruptcy victims

nypost.com

Fallen cryptocurrency exchange FTX has raked in billions of dollars more than it needs to fully pay back customers who lost funds in its November 2022 collapse. In a rare twist versus typical US bankruptcy proceedings, FTX — whose downfall…

Between days in court, Donald Trump will meet crypto enthusiasts for NFT dinner

cointelegraph.com

Anyone who spent at least $4,653 on Trump’s ‘Mugshot’ NFTs will be able to have dinner with the former president in Florida on May 8.

Crypto fraud: FTX victims to receive up to $16 billion in claims

nairametrics.com

FTX have announced plans to distribute the recovered assets of the company totaling between $14.5 billion and $16.3 billion to the company’s customers and other creditors around the world at the time of its collapse in November 2022.

18

What do crypto market makers actually do? Liquidity, or manipulation

cointelegraph.com

The role of crypto market makers is poorly understood: do they simply ensure crypto trades go through… or do they manipulate crypto markets?

FTX customers may get their money back, but no gains from crypto price increases

www.nbcnews.com

Some customers of the failed cryptocurrency exchange FTX could receive the full value of the money they lost if a court approves the company's bankruptcy plan.

FG Says Binance Allegation Of Govt. Officials Demanding $150m Bribery In Crypto Currency Is Diversionary

ait.live

The Nigerian Government says Claims credited to the embattled Binance Chief Executive Officer Richard Teng that Top Government Officials Demanded one Hundred and Fifty Million Dollars in Cryptocurrency payment as bribery is a diversionary…

$450M for Noname, two billion-dollar rounds, and good news for crypto startups

techcrunch.com

This morning on Equity, we have good news for crypto founders, notes on Akamai's $450M acquisition of Noname, and billion-dollar deals from Wiz and Wayve.

17

FTX to return money to customers nearly two years after crypto collapse

www.mirror.co.uk

The cryptocurrency exchange said it owes about $11.2billion to its creditors, but estimates it has between $14.5billion and $16.3billion to distribute to them

Nigerian crypto stakeholders demand Binance reveal identity of bribe agent

nairametrics.com

Nigerian Crypto Stakeholders Demand Binance Reveal Identity of Bribe Agent to substantiate their claims

Nigeria eyes aggressive rules against illegal crypto trading

nairametrics.com

Nigeria’s head of the Securities and Exchange Commission (SEC) has said he plans to upgrade and roll out additional rules to combat illegal trading in digital assets in the country’s cryptocurrency industry.

FTX will return money to most customers less than 2 years after catastrophic crypto collapse

triblive.com

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that.

Tether scales crypto payments in Eastern Europe with new investment

cointelegraph.com

The new investment aims to strengthen CityPay.io’s expansion into Eastern Europe, specifically into Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan.

FTX will return money to most customers less than 2 years after catastrophic crypto collapse

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that.