#BLKCC1

[fuzzytimes1]

FTX founder Bankman-Fried objects to stricter bail, says prosecutors 'bumped him out'

NEW YORK, Jan 28 (Reuters) – Lawyers for Sam Bankman-Fried on Saturday urged a US judge not to ban the accused FTX cryptocurrency executive from communicating with former colleagues as part of his bail, saying the prosecutors would have “put the process in the sandbag” in order to put their clients in the “worst light”. The attorneys were responding to a request from federal prosecutors Friday…

[blockchainnftgaming]

The co-founder of the NFT platform Blockparty was accused of fraud

The co-founder of the NFT platform Blockparty was accused of fraud

December 7 (Reuters) – A former Blockparty CTO was arrested on Wednesday after US prosecutors said he stole more than $1 million in cash and cryptocurrencies from a company that runs the non-fungible token market. Rikesh Tapa, 28, from San Diego, California, co-founded the company in 2017 and left in 2019 after refusing to return $1 million in company funds he agreed to keep in his bank account…

[don-lichterman]

Crypto contagion fears spread after Celsius Network freezes withdrawals

Crypto contagion fears spread after Celsius Network freezes withdrawals

WASHINGTON, June 13 (Reuters) – Bitcoin fell as much as 14% on Monday after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing “extreme” market conditions, in the latest sign of the financial market downturn hitting the cryptosphere. The Celsius move triggered a slide across cryptocurrencies, with their value dropping below $1 trillion on Monday for…

[smithleonardo]

La société de cryptographie Celsius suspend tous les transferts et retraits alors que les marchés s'effondrent

La société de cryptographie Celsius suspend tous les transferts et retraits alors que les marchés s’effondrent

Une représentation des crypto-monnaies dans cette illustration prise le 24 janvier 2022. REUTERS/Dado Ruvic/Illustration Inscrivez-vous maintenant pour un accès GRATUIT et illimité à Reuters.com S’inscrire 13 juin (Reuters) – La société de prêt de crypto-monnaie Celsius Network suspendra les retraits et les transferts entre comptes en raison de “conditions de marché extrêmes”, a déclaré la…

[thelegend9798]

US crypto lobbyists in push to contain fallout from stablecoin meltdown

US crypto lobbyists in push to contain fallout from stablecoin meltdown

Smartphone with Tether logo is placed on displayed US dollars in this illustration taken, May 12, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, May 19 (Reuters) – The cryptocurrency industry is scrambling to respond to US lawmakers’ concerns about stablecoins following the collapse of TerraUSD, which wiped billions…

[customdesignnnn]

Crypto and gambling collide in high-risk 'play-to-win' economies

Crypto and gambling collide in high-risk ‘play-to-win’ economies

April 8 (Reuters) – Jarindr Thitadilaka says he earned up to $2,000 a month last year from his collection of digital pets, which he would raise and send to battle to earn crypto- currencies. The 28-year-old from Bangkok was playing Axie Infinity, one of the new blockchain-based online games, dubbed “play-to-earn”, which mix entertainment and financial speculation. These games can create lucrative…