FTX, Alameda-Linked Wallets Transfer $38.8M Worth of Digital Assets
Since January 2024, cryptocurrency wallets associated with the defunct FTX exchange and its subsidiary, Alameda Research, have transferred over $38.8 million of digital assets to multiple other cryptocurrency exchanges. Wallets affiliated with both organizations transferred a minimum of $7 million to exchanges in February, according to data tracking by blockchain analytics firm PeckShield. On February […]
HashKey to Launch Three Indexes Tracking Digital Assets
FTSE Russell and Hong Kong-based digital asset fund manager HashKey Capital have released three cryptocurrency indices. The Straight Times claims that HashKey Capital and FTSE Russell, a London Stock Exchange (LSEG) division, aims to facilitate traders’ ability to monitor numerous assets at once. Indices follow the market size, applications, and infrastructure of cryptocurrencies. They are […]
Bybit Extends Proof-of-Reserves to Include 32 Digital Assets
Bybit’s proof-of-reserve attestation showcases 100-124% collateralization across 32 assets as risk management takes center stage. According to a press statement dated December 20, cryptocurrency exchange Bybit has added 32 additional coins to its proof-of-reserves assessment. This audit confirms that Bybit’s reserves are equal to or greater than exchange users’ assets on deposit. According to the […]
Treasury Seeks Expanded Sanctions Powers in Digital Space
The Biden administration is urging Congress to consider the biggest revisions to the Treasury’s sanctions authority since 2001. With this action, the usage of digital assets for financial transactions in areas affected by terrorism will be more strictly regulated. Wally Adeyemo, the U.S trade representative, reportedly stated that the implementation of a “secondary sanctions regime” […]
Tom Emmer: Digital Assets Could Shape the 2024 Election
The growing role of digital assets could influence the 2024 U.S. presidential election. Republican congressman and crypto advocate Tom Emmer warns anti-crypto candidates who could face a backlash from voters who value financial privacy and freedom. Meanwhile, several candidates have already expressed their views on central bank digital currencies (CBDCs), which different camps see as […]