A new 45-page report detailing accounting failures at the failed crypto exchange says that at one point employees were instructed by an unnamed higher-up to “come up with some numbers? Idk.â€
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Crypto Derivatives Exchange DYdX Ices Canadian Market
Existing Canadian users will be able to trade on the exchange until April 14.
Winklevoss Twins Lent Their Crypto Platform Gemini $100M: Bloomberg
The brothers had tried to get outside investment, Bloomberg said.
Uniswap Topped Coinbase’s Trading Volume in March During USDC Depeg, U.S. Crackdown
The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted.
Do Kwon's Millions Are Not in South Korea, Prosecutors Say: Report
South Korea has requested the extradition of the Terraform Labs CEO after his recent arrest in Montenegro.
Crypto Investors Unmoved by Revised Jobless Data
Jobless claims beat expectations by an even wider margin than in the initial report, after a revision Thursday. Crypto investors largely ignored the change, although the increasing jobless figures bode well for the market.
Crypto’s Decentralized Exchanges Had Most Volume in 10 Months Amid U.S. Crackdown in March
Trading volume on DEXs rose to $133.1 billion in March, the third straight monthly increase, according to DefiLlama.
First Mover Americas: Bitcoin Buckles the Day Before U.S. Jobs Report
The latest price moves in crypto markets in context for April 6, 2023.
First Mover Asia: Is a ‘Sharp Move’ Around the Corner for Bitcoin and Ether?
ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital-asset innovation and leadership away from the U.S.?
U.S. Treasury Warns DeFi Is Used by North Korea, Scammers to Launder Dirty Money
The department's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime.