Jill Sommers joins FTX US board of directors
Former Commodities and Futures Trading Commissions (CFTC) commissioner Jill Sommers is the latest addition to the crypto exchange FTX subsidiary’s board of directors. The board of directors for FTX US Derivatives now includes Jill Sommers, a former commissioner at the US Commodity Futures Trading Commission. The derivatives division of cryptocurrency exchange FTX US announced Sommers’ […]
Mayo Clinic partners with Dutch Blockchain firm Triall
The American nonprofit medical center Mayo Clinic and the Dutch blockchain firm Triall have teamed up to improve clinical trial design and data administration, according to an announcement made on Thursday. A nonprofit organization dedicated to clinical practice, education, and research, Mayo Clinic offers expert, comprehensive care to anybody in need of recovery. According to […]
Many Celsius clients petition US court to retrieve $22.5M in crypto
A number of irate creditors claimed that the suspension of withdrawals on Celsius custody is against the explicit language of the company’s terms of service. As displeased users take legal action to retrieve their assets after the platform froze withdrawals in June, the bankrupt cryptocurrency lender Celsius Network is dealing with new legal concerns. 64 […]
Indonesia aims to have its own cryptocurrency exchange by 2022
The intention, which was first expressed last year, was confirmed by the deputy trade minister of Indonesia. The government of Indonesia has resumed its effort to establish the digital asset market that was initially officially proposed in 2021. By the end of 2022, the so-called “crypto bourse” is expected to be operational. DealStreetAsia reports that […]
DeFi protocol phases out months after Rari Fuse breach
The native token of the DeFi protocol, BABL, experienced a new all-time low of $0.23 after the founder declared that the company is ceasing operations. After months of attempting to regain momentum following the Rari Fuse exploit, Babylon Finance , a decentralized finance (DeFi) protocol, has finally declared that it will shut down. Despite the […]