On the 11th October 2022, the FSB published two consultative reports recommending frameworks for the international regulation of crypto-assets. On the 4th January 2023 they published the commentary responses they received back from 49 different organisations.
In the crypto industry everything is done in it its own way - sometimes because it is technically effective, sometimes just because there is no other choice. These proof-of-reserve reports have the aim to assure crypto exchange customers that the balances on their accounts are not just made up. Unlike
Twitter users opted for Musk’s resigning as Twitter CEO. No replacement has yet been found (or announced).
Elon Musk raised a poll on his Twitter whether he should leave his position as CEO of the social media company. Majority of the users, which is 57.5% out of 17,
FTX’s collapse revealed numerous skeletons in the closet of the company. One of the skeletons appeared to be U.S. Farmington State Bank, which FTX owned through a subsidiary.
The largest Canadian pension fund Canadian Pension Plan (CPP) investment board is no longer pursuing any opportunities in the crypto market, Reuters reports.
The concept of DeFi has become more controversial after the recent trouble that large crypto exchanges have been going through after the crash of FTX. The influence of this catastrophe on the future of DeFi is vague.
In the wake of the FTX collapse, there has been more and more
Elon Musk shared his thoughts regarding the current monetary system and his views on the role of crypto within it.
Elon Musk took part in a live coverage held by Mario Nawfal, founder & CEO of IBC Group and host of the Roundtable show, the biggest live show in crypto.
