The European arm of FTX, FTX EU has launched a website to allow European customers to submit withdrawal requests. It comes nearly five months after the global trading platform collapsed and went bankrupt in early November. The new website domain name — https://ftxeurope.eu/ — was reportedly approved by the Cyprus…
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ANZ, one of Australia’s “Big Four” banks, will cease facilitating withdrawals and deposits from a number of its Australian branches as it looks to push its customers toward using an ever-dwindling number of ATMs and deposit machines. The decision has received pushback, with critics such as Patricia Sparrow, CEO of…
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Decentralized autonomous organization (DAO) treasuries are rapidly growing having just surpassed a major milestone, according to DeepDAO. According to figures from the DAO data platform, on March 31, total assets for all decentralized autonomous organizations reached a record $25.1 billion. The treasury is the total sum of assets the DAO…
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The United States Senator for Massachusetts Elizabeth Warren is making her “anti-crypto” agenda one of the centerpieces of her re-election campaign, despite polls suggesting the majority of Americans think crypto is a key innovation for the future. In a March 30 Tweet, Warren suggested she was fighting to put “government…
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Ad The laptop of former FTX CEO Sam Bankman-Fried holds so much data that the FBI is struggling to analyze it, according to reports from Business Insider on March 30. Prosecutors overburdened by laptop data The FBI is having difficulty with the laptop’s contents, according to statements made by Assistant…
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Investment bank Citi is betting on the blockchain-based tokenization of real-world assets to become the next “killer use case” in crypto, with the firm forecasting the market to reach between $4 trillion to $5 trillion by 2030. That would mark an 80-fold increase from the current value of real-world assets…
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Ad FTX EU has opened a website to allow former European customers to submit withdrawal requests, according to a report from Finance Magnates on March 30. Site is for withdrawals; license remains suspended Quoted statements from FTX EU indicate that the site, located at ftxeurope.eu, will solely handle fiat balance…
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The Ethereum Foundation has announced April 12 as the date of deployment of the much-anticipated Shanghai and Capella upgrade, together dubbed as Shapella. The upgrades will enable withdrawals from Ethereum 2.0 staking contracts. The staking contract was first launched in December 2020. It only accepted one-way deposits of Ether(ETH), which…
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Ad Hardware crypto wallet company Ledger announced raising $108 million in its recent funding round, according to TechCrunch. The company raised a total of €100 million, which equates to $108 million based on the exchange rate at the time of writing, as the TechCrunch article noted. The funding round In…
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Our weekly roundup of news from East Asia curates the industry’s most important developments. Binance’s secret U.S. users On Mar. 27, the U.S. Commodity Futures Trading Commission (CFTC) charged Binance and its founder Changpeng Zhao with alleged willful evasion of federal law and operating an illegal digital assets exchange. In…