Stellar may test $0.03 in the next year: Will XLM crash?
17.11.2022
Stellar is an open-source, decentralized protocol that allows cross-border transactions, but it has crossed the previous yearly low after the FTX liquidity crisis. At the time of writing this post, XLM was trading around $0.089, just above the yearly low of $0.08. Before the FTX bankruptcy...
Crypto Exchange Bitstamp Wins Registration in Spain
17.11.2022
European cryptocurrency exchange Bitstamp has gained approval to operate in Spain from the country's central bank
JPMorgan: The Shrinking Stablecoin Market Is Another Sign of Investors’ Exodus From Crypto
17.11.2022
It’s difficult to see a sustained recovery in crypto prices without stablecoin outflows stopping, the report said
Tom Brady and Larry David Face Class Action For Endorsing FTX, Suit Alleges They Backed ‘Unregistered Securities’
17.11.2022
FTX investors have filed a class action lawsuit against the founder and former CEO of the collapsed cryptocurrency exchange, as well as several celebrities who promoted the platform.
The class action, filed on Tuesday night in Miami, claims that Sam Bankman-Fried, NFL quarterback Tom Brady,...
FTX acquisition no more: Canadian exchange Bitvo backs off the deal
17.11.2022
Bitvo has managed to back off its acquisition agreement with FTX exchange thanks to long approval process of the deal from local regulators
Crypto Will Soon Threaten Global Financial Stability, FSB Official Says
17.11.2022
In the wake of FTX’s demise, the Financial Stability Board official urged authorities worldwide to move beyond sectoral boundaries and agree on global norms for the industry
German Banks' Crypto Interest Is Limited as Industry Is Plagued by ‘Crooks,’ Regulator Says
17.11.2022
Germany’s Bafin has issued just four crypto custody licenses, said Mark Branson, who also sits on the supervision arm of the European Central Bank
Wells Fargo, HSBC Add Offshore Yuan to Blockchain Foreign-Exchange System
17.11.2022
The system started operating almost a year ago with the U.S. and Canadian dollars, British pound and euro and has settled over $200 billion in transactions
USM.World partners with Magpie XYZ & boosts veTokenomics protocols
17.11.2022
USM.World is pleased and, with great excitement, made their official announcement of having joined hands in the form of a mutually beneficial partnership with Magpie XYZ. USM.World, by the way, happens to be the parent company of the 3D virtual world-United States of Mars (USM). Magpie XYZ, on...
Binance Coin Price Prediction as BNB Turns Green for the Week – Time to Buy?
17.11.2022
The price of Binance coin (BNB) has fallen to $266.46 today, representing a 2.5% drop in 24 hours. However, its current level marks a slight rise of 1% for the last seven days, with the exchange utility token having been affected by the ongoing FTX collapse....
Read More: Binance Coin Price...
Nigerian Web3 Startup Says Funds Are Stuck With FTX, Lays Off Employees
17.11.2022
Nestcoin, a Nigerian Web3 startup which got an investment from Alameda Research in 2021, revealed on Nov. 14 that it had “a significant proportion of stablecoin investment” stuck at FTX. According to the startup’s CEO, laying off some employees allows the company to focus...
Major Esports Team TSM Drops Record-Breaking $210M Sponsorship Deal with FTX
17.11.2022
Professional esports organization TSM has suspended its partnership with FTX and dropped ‘FTX’ from its name. And it's far from being the only company to end a business deal with the collapsed crypto exchange.
Per the TSM announcement, the FTX branding will be removed from player jerseys, as well...