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Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors
10.11.2022
On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder Justin Sun as well. FTX Is Reportedly Seeking Up...
CEO Of Crypto’s Biggest Bust Played League Of Legends While Pitching Investors
10.11.2022
FTX CEO Sam Bankman-Fried spent the last year on a victory tour. The “crypto kingpin” held court at Bloomberg’s Crypto Summit over the summer and was crowned as a mega donor savior to Democrats in the midterm elections. His company even gloated about him playing League of Legends during high-level...
From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX
10.11.2022
During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion in value as FTX’s troubles shook investors....
Big Eyes Coin and Tamadoge investors all flock to Toon Finance Coin drops new DEX
10.11.2022
Toon Finance Hits Home run Toon Finance is the latest crypto and NFT token initiative that has everyone talking. Their ICO project crushed Big Eyes in the first week of the presale. Now Big Eyes struggles as Toon Finance starts its second round of presale, becoming the top searched currency in...
SBF tells investors FTX needs $8B in emergency funding: WSJ
10.11.2022
According to reports, FTX CEO Sam Bankman-Fried asked investors for emergency funding to cover an $8 billion shortfall during a Nov. 9 investors call
SBF Warns FTX Investors of Bankruptcy Without More Cash: Bloomberg
9.11.2022
FTX is headed toward bankruptcy without a cash infusion
Bank of Russia Suggests Tax Cuts for Long-Term Digital Asset Holders
9.11.2022
The Central Bank of Russia is proposing to introduce tax incentives for long-term holders of digital financial assets. The idea has been circulated with a consultation paper published for public discussions on the development of the digital asset market in the Russian Federation. Bank of Russia...
Kim Kardashian and Floyd Mayweather Win Tentative Court Ruling in Ethereummax Lawsuit: Report
9.11.2022
Reality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr. reportedly won a tentative court ruling in a class-action lawsuit involving the Ethereummax token. Investors have accused the celebrities of hyping Ethereummax and pumping the EMAX crypto token. Judge’s Tentative View U.S....
Hong Kong Regulator Set to Allow Retail Investors Access to BTC, Ether ETFs
8.11.2022
Hong Kong’s top securities regulator has suggested it will go ahead with plans to allow retail investors to access exchange-traded funds (ETFs) that track cryptoasset futures....
Read More: Hong Kong Regulator Set to Allow Retail Investors Access to BTC, Ether ETFs
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit 2-Week Lows, Ahead of US Midterms
8.11.2022
Bitcoin fell below $20,000 on Tuesday, as markets prepared for the U.S. midterm elections. Cryptocurrencies were swept by a red wave today, as some Democratic investors expect that American voters will also be favoring such a wave in the political arena. Ethereum also moved lower, dropping below...
Brazilian Tax Authority RFB Registers New Record of Almost 1.5 Million Brazilians Investing in Crypto in September
8.11.2022
The Brazilian Tax Authority RFB registered a new record in the number of Brazilians that invested in crypto, in the month of September. The institution informed through its monthly reports that almost 1.5 million people had purchased crypto during Sept. The number of crypto investors in Brazil...
Investors are waiting for a rally after the breakout in Chainlink
8.11.2022
The biggest problem that the blockchain industry faced was its inability to interact with real-world data. It only works in on-chain technologies, increasing the risk of wrong data and manipulation. Chainlink aims to solve this problem with a network that combines on-chain and off-chain data...
Investors increasingly confident of Ripple's victory over SEC: CoinShares
8.11.2022
XRP investment products have seen a third consecutive week of inflows, suggesting investors may be increasingly confident of Ripple's victory
SEC Charges 4 People in $295M Global Crypto Ponzi Scheme That Duped Over 100,000 Investors
6.11.2022
The U.S. Securities and Exchange Commission (SEC) has charged four people for their roles in a global cryptocurrency Ponzi scheme that duped more than 100,000 investors worldwide. The scheme raised more than $295 million in bitcoin. SEC Says ‘Trade Coin Club’ Is a Crypto Ponzi Scheme...
Goldman Sachs Launches Data Service to Help Investors Analyze Crypto Markets
6.11.2022
Global investment bank Goldman Sachs has launched a new data service in collaboration with MSCI and Coin Metrics to help investors analyze crypto markets. The new system is “designed to provide a consistent, standardized way to help market participants view and analyze the digital assets...
Chain (XCN) loses credibility among investors due to mass sell-off, Orbeon Protocol (ORBN) continues to rise
5.11.2022
Chain is one of the many tokens that have decreased in value rather drastically over the past few weeks, and for all intents and purposes, it seems as though most markets are in disarray. Orbeon Protocol’s 1st stage presale has somehow avoided falling into this fate; in fact, it is forecasted...
Fidelity Investments Launching Commission-Free Retail Crypto Trading for Bitcoin and Ether
5.11.2022
Fidelity Investments, one of the world’s largest brokerage firms with $9.9 trillion in assets under administration, is launching Fidelity Crypto, a service that allows retail investors to trade bitcoin and ether commission-free. “A meaningful portion of Fidelity customers are already...
Goldman Sachs creates digital asset taxonomy system for subscribing investors
3.11.2022
The financial services giant, along with Coin Metrics and MSCI, will help investors track market movements and screen hundreds of coins and tokens by their uses
Fidelity offers retail investors commission-free BTC and ETH trading
3.11.2022
Fidelity Crypto will focus on Bitcoin and Ether initially. The brokerage will make money by charging a 1% spread on trades
Green Crypto IMPT Raises $12 Million as Investors Snap up Tokens
3.11.2022
IMPT is the green cryptocurrency that is taking the world by storm thanks to the effort that their team is putting into the carbon credits revolution.
By putting carbon credits on chain, the team at the Impact Project are making the world of carbon credits far more efficient than they ever were...