Etiket: Altcoins

ALSO: CoinDesk Columnist David Z. Morris played soothsayer about the seriousness of the allegations against Sam Bankman-Fried, the former CEO of embattled crypto exchange FTX.

ALSO: CoinDesk columnist David Z. Morris considers one of the few upsides to the debacles that have deeply wounded the crypto industry in 2022.

Taiwanese law makes it difficult for startups to incorporate on the island, explains a Taipei-based lawyer, meaning many locally based firms legally call another place home.

Top assets in the crypto market slid around 1%.

Archblock's plan comes at a precarious time, with undercollateralized lending protocols grappling with loan defaults across the board.

Top cryptocurrencies lost earlier gains after the Federal Reserve signals interest rates to keep rising well into 2023.

Busan wants to integrate blockchain technology into all facets of government service and create the first city-run crypto exchange; bitcoin embraces encouraging CPI to rise over $17.7K.

But prices rose on U.S. inflation data that was more favorable than expected.

During a panel discussion at Taipei Blockchain Week, Darius Sit noted continued institutional adoption of the crypto options and derivatives market, among industry high points; bitcoin rises; Bahamas announces the arrest of former FTX CEO Sam Bankman-Fried

The Block confirmed Friday it had received funding from Sam Bankman-Fried’s trading arm for two years.

Some see the proposed pilot project as an “important step,” while others say it may lead to reduced trading activity; bitcoin holds steady over $17K as latest inflation data and FOMC meeting approach.