Solana Foundation Lost Nearly $200 Million After FTX Collapsed – This is What You Need to Know
25.11.2022
The Solana Foundation lost close to $200m in the epic collapse of crypto exchange FTX, and says it remains an open question if any of it can be recovered in the aftermath of the bankruptcy.
According to a newly updated report, the Solana Foundation held approximately $1m in cash, 3.43m FTT tokens...
FTX’s collapse could change crypto industry governance standards for good
25.11.2022
Following FTX’s downfall, experts believe that centralized exchanges will be faced with increased regulatory scrutiny, potentially eliminating a lot of players from the fray
South Korean Man Who Bought Drugs with Bitcoin Given Jail Sentence
25.11.2022
A South Korean man was handed a host of punishments after a court found him guilty of buying narcotics online – using bitcoin (BTC).
News1 reported that the man, aged 43 but unnamed for legal reasons, was convicted by a branch of the Chuncheon District Court Criminal on charges of violating drug...
1inch releases new tool to protect traders against ‘sandwich attacks’
25.11.2022
The company said that the new tool works by allowing users to submit transactions directly to validators
Monero (XMR) price attempts to recapture its lost grounds!
25.11.2022
Monero needs no introduction, especially because of its uniqueness and feature that saw it getting blocked on multiple exchanges and countries. Sometimes uniqueness becomes the greatest trouble of crypto tokens, and here we are addressing the potential and outlook of XMR in modern-era computing....
Binance publishes official Merkle Tree-based proof-of-reserves
25.11.2022
Two weeks after its initial pledge for Merkle Tree-backed proof of funds, Binance releases its official response to liquidity transparency
Shiba Inu (SHIB) trades close to its crucial support
25.11.2022
Despite the market capitalization trending close to $5 billion valuations, the token has been a subjective candidate of frequent ups and downs in the crypto realm. While there have been instances where the Shiba Inu token took huge gains in a short margin, such gains were quickly lost in equally...
Proximity Labs declares a funding amount of $10 million
25.11.2022
Proximity Labs has taken the firm decision to make a formal declaration of a funding amount of $10 million. This is coupled with other investors in the fray, such as Orderly Network, Spin, and Tonic. Primarily, this will aid in the development of decentralized orderbook solutions at the NEAR...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower on Black Friday
25.11.2022
Bitcoin was marginally lower on Nov. 25, as markets returned to action following the U.S. Thanksgiving holiday. Overall, cryptocurrency markets were mostly in consolidation in today’s session, with the global market cap up 0.12% as of writing. Ethereum was also largely unchanged, with...
Here's how centralized exchanges aim to win back users after the FTX collapse
25.11.2022
“We need to stop telling people to trust us and give them an actual reason to,” said Eric Demuth, the CEO of Bitpanda
First Mover Americas: Binance Increases Recovery Fund, wBTC Loses Its Peg
25.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 25, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Experts Say BudBlockz, Aptos and Dash2Trade Are the Most Promising Cryptos for 2023
25.11.2022
It’s been a year to forget, going by the amount of market value lost in the once burgeoning cryptocurrency sector. Double-digit percentage losses in established projects and the collapse of the FTT and Terra Stablecoin have sent shockwaves, raising serious concerns about what the future...