Singapore’s Temasek is ‘not comfortable’ investing in crypto firms: here’s why
Temasek is reluctant investing in crypto firms due to regulatory uncertainty. Its CIO Rohit Sipahimalani discussed the crypto market with CNBC today. Temasek also recorded its worst returns since 2016…
Prof. Alexander: ‘I’m not sure SEC will succeed against Binance’
Professor Carol Alexander says the U.S. SEC may lose to Binance. She reiterated the need for crypto in an interview with CNBC today. Prof. Alexander expects regulatory clarity to bring…
MetaMask does not collect taxes on crypto transactions- ConsenSys
ConsenSys says allegations about MetaMask as false The section in its terms referred to in allegations that MetaMask collects taxes on crypto only applies to given products and paid plans…
Coinbase CTO bets Bitcoin to $1M in 90 days, but I’m not sure even he believes it
Key Takeaways Former Coinbase CTO Balaji Srinivasan bet an anonymous Twitter account $1 million that Bitcoin would trade at $1 million or greater in 90 days Srinivasan is predicting imminent…
Cathie Wood: Crypto did not force SVB and Signature Bank into bankruptcy
Cathie Wood says crypto had “nothing to do” with SVB and Signature Bank collapses. Rather, it’s Fed policy that “caught many regional banks offside.” According to her, the banks suffered…
LBRY Credits (LBC) shoots up by 90% after being declared not a security
The US SEC has accepted that the LBRY Credits (LBC) token is not a security. LBC Token shot up to a daily high of $0.03225 after the news. At press…
Pro: the recent rally in Bitcoin may not be ‘sustainable’
Katie Stockton expects a pullback in Bitcoin price ahead. She explained her “neutral” view on CNBC’s “Squawk Box”. Bitcoin has climbed roughly 40% since the start of 2023. Bitcoin has…
Why have Some Exchanges not Released Proof of Reserves?
The fall of FTX has led to calls for increased transparency among crypto exchanges. Several centralised exchanges have released proof of reserves to regain public trust. However, it may take…
Terra and FTX collapse showed that the crypto industry has not fully established: CoinsPaid CEO
CoinsPaid’s CEO believes that the Terra and FTX crashes showed that the crypto industry hasn’t fully established. Max Krupyshev says he believes crypto is the new internet, but the adoption…
CNBC: SBF to plead not guilty to buy time for his legal team
Gary Wang, former CTO of FTX and Caroline Ellison, former chief executive of Alameda, are cooperating with investigators Bankman-Fried is charged with illegally using FTX customer funds to buy real…