Crypto News
Flagship has been a leading cryptocurrency resource platform since late 2021, providing updates, reviews, technical analysis, and other information.
Sam Bankman-Fried Political Donations Returned by Democrats
According to The Washington Post, three Democratic political groups to which FTX founder Sam Bankman-Fried (SBF) donated will seek to return the funds.
BIS Allows 2% Crypto Reserves for Banks
Banks can hold 2% of their reserves in cryptocurrencies thanks to a new rule from the Bank for International Settlements (BIS).
OneCoin co-founder admits to crypto Ponzi scheme
The co-founder of OneCoin and an associate of the Cryptoqueen has pleaded guilty to operating a Ponzi scheme. Millions of people were duped into purchasing a deceptive virtual currency, resulting in billions of dollars in losses.
Mazars stops “proof of reserves” work, and Binance outflows hit $6bn
As Binance fights to avoid a crisis of confidence, outflows from the exchange sped up to $6 billion in the first half of this week, and accounting firm Mazars has halted work on crucial “proof of reserves” reporting.
$2 Million Solana Protocol Raydium Hack
After Serum, another Solana-based DEX has had its administrator key compromised.
The Trump NFT Collection is a hit, causing a price increase
OpenSea's data shows that the minimum price for this collection is about 0.19 ETH, or $230, which is more than twice the original mint price.
Financial Strength Tested: Can Binance Survive the Return of $2.1 Billion?
According to CZ's recent TV interview, yes, Binance is financially stable, even though he dodged answering the question directly.
Sam Bankman-Fried Reapplies for Bail After Denial
Sam Bankman-Fried, the founder of FTX, continued to seek bail just two days after his initial request was denied.
15 Dec 2022
Dutch central bank says KuCoin is unlicensed and “illegally offering services”
De Nederlandsche Bank warns that this could make their clients more susceptible to money laundering and terrorism financing.
15 Dec 2022
Trump launches NFT trading card collection for $99
On his official Truth Social account, former US President Donald Trump announced a fresh NFT collection. The website for the collection advertises that each of the digital trading cards costs "only $99!"
15 Dec 2022
Microsoft bans cloud-based cryptocurrency mining
To use Microsoft Azure for mining cryptocurrencies like Bitcoin, users must now obtain a written pre-approval from the company.
15 Dec 2022
The SEC approves 9 WisdomTree blockchain-enabled funds
Nine additional WisdomTree blockchain-enabled funds have received approval from the US Securities and Exchange Commission (SEC). The asset manager plans to make them available on its mobile app in the coming months.
