FTX-Tradition: SBF’s Family Accused of Keeping It All in the Family
FTX-Tradition: SBF’s Family Accused of Keeping It All in the FamilySBF’s parents accused of masterminding parts of FTX deception, appropriating over $30M
Happy Tuesday!The global crypto market cap is $1.08 trillion, with a 24-hour volume of $29.14 billion. The price of Bitcoin is $27,448.96, and BTC market dominance is 49.3%. The price of Ethereum is $1,658.50, and ETH market dominance is 18.4%. The best-performing sector is Cannabis, which gained 19%. The Crypto Fear & Greed Index is currently Fear (46). Top News
SBF’s parents accused of masterminding parts of FTX deception, appropriating over $30MStanford professors under fire for alleged fraud and enrichment amidst FTX’s downfall. New York Department of Financial Services updates crypto listing rules with immediate effectThe state has also proposed other new regulations that it will accept public comment on until October 20, 2023. OpenSea, Rarible, and more NFT marketplaces restrict Stoner Cats following SEC actionOpenSea and Blur have blocked trading, while Rarible has hidden the collection entirely. Latest Insights
More NewsBinance.US’ trading volume has collapsed since MarchThe crypto behemoth's U.S. affiliate has seen its trading volume all but evaporate this year as its challenges compound. Op-ed: What the crypto industry must do to survive the wrath of the SECSEC lays down the law for crypto, raising debates on the industry's future sustainability. SEC urges expedited discovery in Binance case; cites ‘mass exodus’ of US executives who may have key informationThree high-ranking Binance.US employees—including its CEO—have recently left the firm as pressure builds. Hut 8 shares climb as court approves merger with US Bitcoin CorpHut 8 stated that the deal was still subject to certain conditions. Netcoins averts cybersecurity attack limiting losses to $250k, customer funds secureNetcoins demonstrates resilience with prompt response to cybersecurity breach maintaining customer fund security.
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Industry insiders challenge crypto pioneer Erik Voorhees ‘cryptocurrency over democracy’ stance
Monday, September 18, 2023
Industry leaders weigh in on Voorhees' libertarian vision for crypto.
Centralized exchanges grapple with declining trading volume
Sunday, September 17, 2023
A decline in exchange trading volume shows Binance's challenges and Coinbase's stability amidst regulatory pressures and market changes.
Bankrupt FTX reveals $100M weekly crypto liquidation plan in court filing
Sunday, September 17, 2023
Bankruptcy court to review FTX's asset liquidation plan amid Chapter 11 proceedings.
Nasdaq executive says BlackRock’s first Bitcoin ETF rejection was ‘purely procedural,’ not final
Sunday, September 17, 2023
The SEC called filings related to various ETFs inadequate in June.
Elizabeth Warren’s anti-crypto bill sees surging support from 9 more Senators
Sunday, September 17, 2023
The bill wants to ensure stricter regulatory oversight over the emerging industry.
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