State Oregon Financial News

17.11 / 05:23

business regulation interview Bankruptcy Fried Sam Sam Bankman-Fried says he regrets filing for bankruptcy: Report

The former CEO of FTX Sam Bankman-Fried has expressed deep regret over filing for Chapter 11 bankruptcy last week, calling it his “biggest single fuckup.”

17.11 / 03:31

business Twitter FTX Bankruptcy FTX’s new CEO John Ray coldly addresses SBF’s erratic tweets

The new CEO and chief restructuring officer for the bankrupt FTX cryptocurrency exchange, John Ray, has icily responded to the erratic series of tweets from former CEO and founder Sam Bankman-Fried.

15.11 / 05:07

business Adoption VISA FTX Visa terminates debit card program with FTX

Only a month after payments giant Visa announced a partnership with FTX to roll out a debit card program in 40 countries worldwide, Visa has abruptly ended the program due to FTX's recent insolvency and bankruptcy issues.

11.11 / 20:15

Law regulation SEC CySEC requested FTX's European arm suspend operations prior to bankruptcy: Report

The Securities and Exchange Commission of Cyprus, or CySEC, reportedly issued a statement amid FTX filing for Chapter 11 bankruptcy in the United States that the regulator requested the exchange halt operations for its Europe arm.

10.11 / 18:13

Twitter SEC CEO Fried Sam US regulators US Regulators Already Looking into FTX Empire, Where is Sam Bankman-Fried?

The collapse of FTX is already attracting the attention of US regulators, who are now reportedly looking into whether the firm mishandled customer funds. The investigation is starting as people in the community are beginning to wonder where CEO Sam Bankman-Fried is, given his lack of updates on Twitter.

07.11 / 15:15

Ethereum Binance defi Bitcoin FTX addresses user withdrawal complaints amid major token movement

Cryptocurrency exchange FTX took to Twitter to address user complaints surrounding sluggish withdrawals. FTX assured users that everything is running smoothly with the matching engine, although node throughput is limited for Bitcoin (BTC) withdrawals.

02.11 / 03:45

business Congress Elections FTX exec revealed as big donor to Oregon Democrats following misidentification

A senior FTX executive has been revealed as the reported mystery donor behind a massive $500,000 contribution to the Democratic Party of the American state of Oregon.

02.11 / 01:21

Law regulation G20 Crypto regulation is 1 of 8 planned priorities under India's G20 presidency, says finance minister

India’s Finance Minister Nirmala Sitharaman said she would love to show that the country is “moving speedily forward” with digital financial technology as it prepares to assume the presidency of the G20.

24.10 / 23:17

Dash USDT Terra Luna 3 Reasons The Terra Luna Price May Go to $0 and 3 Better Altcoin Alternatives

Terra Luna's price has been consolidating near $2.42 for some time now, and investors are wondering if it will recover or continue to fall until it reaches $0. Furthermore, what alternatives do we have if Terra fails to recover?

20.10 / 05:47

Blockchain Law Stablecoin Terra 4,400 disgruntled investors are hunting for Terra's Do Kwon

Members of a 4,400-strong Discord group called the “UST Restitution Group” (URG) have been attempting to track down the whereabouts of Terra co-founder Do Kwon.

26.09 / 15:13

Mining Investment Bitcoin Bitcoin Miner stake B Riley to Take $100 Million Equity Stake in Publicly Listed Bitcoin Miner Iris Energy

20.09 / 20:25

business CBDC Yuan Winter Olympics China will expand CBDC trials to most populous province: Report

The People’s Bank of China, or PBoC, will reportedly expand deployment of its central bank digital currency, the e-CNY, to four of the country’s provinces, including Guangdong.

18.09 / 17:29

COST Do Wages Drive Prices, or Vice Versa? The Answer Matters for Interest Rates

FRANKFURT—Even as some prices such as for gasoline signal tentative easing of inflation pressure, the Federal Reserve and other central banks remain preoccupied with one that shows the opposite trend: the price of labor.

16.09 / 14:41

Health Climate change Queen Elizabeth II Germany must become 'the best equipped armed force in Europe', Scholz says

Germany is ready to become a leader on European security and must become the "best equipped armed force" in Europe, Chancellor Olaf Scholz said on Friday.

15.09 / 21:23

regulation Financial Singapore's financial authority grants license to SBI's digital asset arm

The Monetary Authority of Singapore, or MAS, has granted SBI Digital Markets, a subsidiary of the digital asset arm of Japan-based financial giant SBI Holdings, a license to conduct certain regulated activities in the country.

15.09 / 08:01

Lowe's Twitter Terra Luna Bitcoin Updates Crypto Trader Gigantic Rebirth Updates His Terra Luna Price Prediction

One of the best traders on crypto Twitter GCR (@GiganticRebirth) is no longer short Terra LUNA, exiting his position at a LUNA price of $2.5.

13.09 / 19:01

business Blockchain trudeau NOT Canadian PM Justin Trudeau says investing in crypto is not an escape from inflation

According to a new Twitter post on Tuesday, Canadian Prime Minister Justin Trudeau made critical remarks regarding newly elected opposition leader Pierre Pollievere's pro-crypto platform, writing:

23.08 / 18:31

Law regulation SEC CFPB regulatory Certain regulatory clarity could be 'hugely detrimental' for crypto, says former CFPB director

Kathy Kraninger, former director of the United States Consumer Financial Protection Bureau, or CFPB, said while many in crypto have complained about the lack of regulatory clarity in the country, the legal gray area has afforded the industry opportunities.

19.08 / 07:17

Dogecoin Ethereum surges Dogecoin surges 50% in three weeks. Look, what sparked the rally!

crypto market, Dogecoin (DOGE) has seen a sharp rally. The largest meme coin has been on a roll, thanks to the buzz over recently launched blockchain named Dogechain. After the rollout of the new blockchain, Dogecoin might not remain a joke. The numero uno meme coin could gain a lot more utility with the launch of Dogechain, the experts believe. Dogecoin is technologically becoming competitive with Ethereum due to the launch of Dogechain, said Sathvik Vishwanath, Co-Founder and CEO, Unocoin. The blockchain use cases such as DeFi (decentralised finance) and NFTs (non-fungible tokens) can be built on this.

17.08 / 20:03

Blockchain Bitcoin Pushing Bitcoin to become more scalable with zero-knowledge proofs

For all the good that Bitcoin brings to the table, it also possesses a commonly accepted issue in scalability. Bitcoin can only process a limited number of transactions per block and, as of Aug. 17, 2022, can handle about five transactions per second, which in comparison to most other blockchains is low. The factor limiting scalability lies in Bitcoin’s cryptographic algorithm.

06.08 / 01:55

business Energy Consumption Texas Power Bitcoin production Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts

Crypto mining firm Core Scientific reported its operations produced 1,221 Bitcoin (BTC) in July even as the company powered down several times in response to demand on the Texas power grid.

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