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Edwin Dorsey, a 24-year-old investing maven and author of the weekly newsletter, The Bear Cave, recently posted on Twitter that institutional trading platform, FalconX would no longer be using Silvergate Exchange Network (SEN). Dorsey shared a communication that appears to be from FalconX to its customers. The message stated: Out of an abundance of caution
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Last month, Blockworks hosted its Digital Asset Summit (DAS) at the Royal Lancaster Hotel in London, England. During this event, builders, financiersand enthusiasts gathered to speak about the new world of finance and cryptocurrency thats still developing. At the time, the markets were still picking up the pieces after an algorithmic stablecoin implosion which resulted
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Physicists have used a quantum computer to simulate the first-ever holographic wormhole and transport information through it. The “baby” wormhole, created on Google’s Sycamore 2 quantum computer was not created with gravity, but through quantum entanglement — the linking of two particles such that measuring one instantaneously affects the other. By entangling qubits, or quantum
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UK house prices fell more than expected in November and at the fastest pace since June 2020, as rising borrowing costs weighed on sentiment, according to mortgage provider Nationwide. House prices fell 1.4 per cent between October and November — the biggest fall since the country was in the depths of a coronavirus-related lockdown more
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During the first week of November 2022, the Web Summit, hosted in Lisbon, Portugal, brought together over 70,000 attendees from across the globe. Perspectives on the opportunities and challenges facing business, innovation, and government were discussed. Beyond speaking engagements, the Web Summit featured pitch competitions and afterparties, including onewith DJsDavid Guetta and Armin Van Buren.
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President Joe Bidens administrationhas called for stronger regulatory controls over Bitcoin BTC/USD and other cryptocurrenciesin response to the scandal, potential fraud, and money lost through the collapse of Sam Bankman-Frieds FTX FTT/USD exchange and sister company, quantitative investment firm Alameda. White House Press SecretaryKarine Jean-Pierresaid, Without proper oversight, crypto risks harming everyday Americans, so this
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FalconX wants to correct the record. Over the weekend, Benzingaand other publications reported a $17 million USDC deposit in FalconX from a wallet attributed to Alameda Research. The crypto trading platform has since been clarified since that although the sender was marked Alameda Research, it was mislabeled. FalconX emailed Benzinga, with a spokesperson stating: $17M
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Ending Jack Mas Ant Groups two-year-long regulatory feud, Chinese authorities will reportedly impose a fine of more than $1 billion on the billionaires fintech company. What Happened: Chinas central bank which has been driving the revamp at Ant after the Xi Jinping-led administration scuttled the company's $37 billion IPO at the last minute in 2020
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Britain is poised to relax one of the biggest restrictions on the banking sector as part of “Big Bang 2.0”, the long promised liberalisation of post-Brexit financial services rules. The “ringfencing” of banks with retail and investment arms was introduced after the 2008 financial crash with the aim of reducing risk and preventing banking collapses.
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At this point, you have probably absorbed, directly and indirectly, more than enough information on Web3s disgraced hero, Sam Bankman-Fried (SBF) and his currently insolvent businesses, FTX FTT/USD and its sister company, quantitative trading firm Alameda Research. Yet the story continues to unfold well beyond the investigations underway by the US Securities and Exchange Commission
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If youre nuts about fintech, are new to the industry or even a seasoned pro, youll want to join the more than 1,000 attendees expected at this years Benzinga Fintech Deal Day & Awards. Make critical connections with successful fintech leaders. Meet more fintech business leaders in oneday than you would in a year. Its
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Through the first week of November 2022, the Web Summit, hosted in Lisbon, Portugal, brought together over 70,000 technology-focused attendees from across the globe. Perspectives on the opportunities and challenges facing business, innovation, and government were discussed. Beyond speaking engagements, the Web Summit featured pitch competitions and afterparties, with one featuringDJsDavid Guetta and Armin Van
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close video Biden administration vows to monitor Twitter ‘misinformation’ Former Miami Beach Mayor Philip Levine discusses Twitter’s advertising drama, the White House monitoring the social media platform for ‘misinformation’ and Apple limiting airdrop function in China amid unrest. The Elon Musk regime at Twitter is no longer enforcing the platform's COVID-19 misinformation rules, a move
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