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Sam Bankman-Fried transferred $2.2bn in FTX customer funds for personal use, filings show
Funds worth $3.2bn were given to key associates, used to buy luxury property in Bahamas and for political donations
In bankmanfried, transferred, customer, Mar 16, 2023 · 116 points
US lawmaker accuses FDIC of using banking instability to attack crypto
Representative Tom Emmer has questioned Martin Gruenberg on whether the FDIC instructed banks not to provide services to crypto firms.
In accuses, crypto, financial, Mar 16, 2023 · 83 points
Fidelity Crypto quietly went live, giving millions of retail customers access to bitcoin, ether
Fidelity Investment’s crypto arm, Fidelity Digital Assets, launched commission-free trading on the two largest assets by market cap in crypto to all users (old and new) recently.
In users, customers, commissionfree, Mar 16, 2023 · 87 points
Bitcoin is already up 50% this year — beating stocks and gold
On Jan. 1, bitcoin began trading at just over $16,500. On Wednesday, it was hovering around the $25,000 mark, thanks to a rally that began on Sunday.
In bank, stock, bitcoin, Mar 16, 2023 · 95 points
Chaos in US banks could push crypto industry toward decentralization
The crypto industry lost some banking on- and off-ramps due to recent banking turmoil, signaling a potential shift toward decentralization.
In space, push, decentralization, Mar 16, 2023 · 90 points
Jim Cramer Predicts Bitcoin's Imminent Demise — Will His Record For Getting It Wrong Continue?
Jim Cramer called Bitcoin (CRYPTO: BTC) a "strange animal" and suggested that it is being "manipulated up".
In svb, sec, gr, Mar 16, 2023 · 99 points
The Pokémon Company Might be Coming to the Metaverse
The Pokemon Company might be preparing to make some moves regarding the introduction of the franchise to the metaverse.
In pokémon, preparing, brand, Mar 16, 2023 · 102 points
Bitcoin rises to highest level since June 2022
Cryptocurrency News: Cryptocurrency prices fell sharply in 2022 as rising rates prompted investors to ditch risky assets. A series of collapses at high-profile crypto firm
In valley, level, bitcoin, Mar 16, 2023 · 90 points
Morgan Stanley: This is Bitcoin's moment to shine amid Bank closures
Morgan Stanley (NYSE: MS) has noted that the recent closures of traditional banks in the U.S.
In stanley, bitcoin, bank, Mar 15, 2023 · 100 points
Cathie Wood complains that regulators unfairly targeted crypto while missing the crisis ‘looming’ in traditional banking
The tech investor argued that problems in traditional banking hurt cryptocurrencies, not the other way around.
In bank, silicon, crisis, Mar 15, 2023 · 140 points
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Argentinian president Javier Milei confirms he will shut down the central Bank of Argentina
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Cristiano Ronaldo Hit With a $1 Billion Lawsuit in USA for Promoting American Crypto Firm
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Crypto industry ready for bull run with $100k Bitcoin predicted in 2024
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Bitcoin Whales Unload About $2,220,000,000 in BTC in Just One Week
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IRS Slaps FTX With Massive $24 Billion Tax Bill, Crypto Exchange Responds
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