π Entrepreneur Mark Cuban, backed by Dave Inc, said on Thursday that none of his clients have been exposed to FTX and he has not launched any products in partnership with the beleaguered cryptocurrency exchange. Reuters.com
π€ Ripple partners with African money transfer and payments company MSF Africa
π The crypto community noticed that Binance transferred $2.7 billion from its Proof-of-Reserves wallet. Binance responded that this is a transition to a cold TRX wallet. Members of the crypto community are also skeptical about the reserves, saying they are not enough for what the BNB ecosystem has.
beincrypto
beincrypto
πΈπ¬ Deputy Prime Minister of Singapore (on FTX): We need to take a strong stand against crypto speculation and trading, especially from retail investors.
π€ #XRP Ripple Implements Machine Learning for ODL to Handle Significant Growth.
π₯³ FTX-affiliated Hong Kong exchange Genesis Block announced the suspension of trading and the shutdown of its website on December 10. Genesis also operated one of the largest BTC ATM networks in Asia.
π¬π₯³ Documentary Film Studio XTR has started production of a documentary about the collapse of FTX and SBF. Filming is currently underway in the Bahamas. Oscar-nominated and Emmy-winning director David Darg joined the project as director.
π Euro stablecoin agEUR supported MAI as collateral twitter.com
π₯ Emurgo Plans to Launch Cardano USDA Ecosystem Stablecoin in Q1 2023 coindesk
π₯³ Bitstamp receives a license from the Central Bank of Spain.
cointelegraph.com
cointelegraph.com
π€ OrionOne and VeChain are merging technologies to optimize blockchain adoption in supply chains.
medium.com
medium.com
π€ Bank of America says crypto exchange reserve releases have too many downsides.
coindesk.com
coindesk.com
π΅οΈββοΈ The FINRA regulator has begun checking the retail communications of firms regarding crypto products and the services they offer.
cointelegraph.com
cointelegraph.com
Cointelegraph
FTX meltdown triggers FINRA into probing crypto comms
The recent collapse of FTX has forced FINRA to review retail communications on crypto.
π Self hosting provider MPC Safeheorn launches Web3 suite.
twitter.com
twitter.com
π€ CryptoAttack π¬π§
π¬π§ A bill regulating the procedure for mining (extraction) of digital currencies and its subsequent sale in the Russian Federation has been submitted to the State Duma. According to the document, from January 1, 2023, miners will be able to sell the minedβ¦
π¬π§ The Central Bank of Russia supports the bill on mining, which was submitted to the State Duma.
π€ CryptoAttack π¬π§
π€ Bank of America says crypto exchange reserve releases have too many downsides. coindesk.com
π£ The co-founder and CTO of Cobo, wrote: "There are some flaws in the Merkle Tree proof-of-reserve method. There are no checks for misappropriation of funds, such as using credit funds or colluding with third parties to pass an audit."