The hacker that exploited the now-bankrupt FTX exchange last week made a tidy fortune that has propelled them to Ether (ETH) whale status. Just a day after the embattled FTX exchange filed for Chapter 11 bankruptcy, its wallets were drained for more than $663 million in various crypto assets, according to blockchain intelligence company Elliptic.
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U.S. Congressman Brad Sherman has called on the Securities and Exchange Commission (SEC) to “take decisive action to put an end to the regulatory gray area in which the crypto industry has operated.” He added that he plans to work with his colleagues in Congress in the coming weeks “to examine options for federal legislation.”
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The District of Columbia’s first public private-public partnership was filled with challenges, but demonstrated how outside-the-box thinking can help issuers overcome obstacles to achieve their infrastructure goals. A panel discussion detailing the financing behind the ambitious plan occurred at the Bond Buyer Infrastructure Conference in Washington D.C. Monday. The D.C. Smart Street Lighting Project calls
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The collapse of Sam Bankman-Fried’s crypto empire has sparked a vast global investigation, with dozens of authorities circling the company as lawyers warn there could be 1mn creditors in its bankruptcy proceeding. FTX said in court filings it was in contact with US federal prosecutors, the Securities and Exchange Commission, the Commodity Futures Trading Commission
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In this article JEF LPX PARA 2330-TW Follow your favorite stocksCREATE FREE ACCOUNT The entrance of Paramount Studios is seen at Paramount Studios in Hollywood, California. Mark Davis | Getty Images Check out the companies making headlines in after-hours trading. Taiwan Semiconductor Manufacturing — Shares of Taiwan Semiconductor jumped 6.4% after Warren Buffett’s Berkshire Hathaway
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Post Ethereum merge, layer-2 blockchains have been catching the eyes of users and investors alike. Research firm Delphi Digital has been tracking Arbitrum since August and recently shared its analysis in a monthly market report. According to data, user behavior and historical analysis show multiple trends of rapid growth in transactions, total value locked and
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The public entrance to Trump Tower on Fifth Avenue in New York. Robert Alexander | Archive Photos | Getty Images A New York court Monday appointed retired Judge Barbara Jones to oversee some of the Trump Organization’s financial statements as part of a lawsuit alleging widespread fraud by former President Donald Trump, his businesses and
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Housing leaders are using a mix of public financing and private capital to preserve and build affordable housing from scratch, leveraging the growing interest in ESG investing to help them solve problems difficult to tackle through traditional means. A recent panel discussion at the Brookings Institution brought together experts from the public and private sectors
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Joe Biden criticised China’s “increasingly aggressive” actions towards Taiwan in his first in-person meeting as president with his Chinese counterpart Xi Jinping, amid mounting tensions between the two powers. Following the meeting in Bali on Monday, the White House said Biden and Xi “spoke candidly” about a range of global issues, and that the US
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Industry heavyweights have urged crypto investors and traders to self-custody their crypto assets amid the significant market uncertainty brought on by the collapse of FTX.  In a Nov. 13 tweet to his 7.6 million followers, Binance CEO Changpeng “CZ” Zhao pushed the crypto community to store their own crypto via self-custody crypto wallets. “Self custody
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Share to Facebook Share to Twitter Share to Linkedin Two of China’s richest female real estate tycoons—billionaires Wu Yajun and Yang Huiyan—saw their net worth gain a combined $3.6 billion in just a few hours, after the country’s regulators took a surprising turn and unveiled a comprehensive package of measures aimed at supporting the ailing
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