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US Senator: Cryptocurrency Cannot Be Stopped, FTX Collapse Isn’t an Indictment of Crypto
18.12.2022
U.S. Senator Pat Toomey says illegal actions by crypto exchange FTX must be separated “from perfectly lawful and innovative cryptocurrencies.” Emphasizing that “The collapse of FTX is not an indictment of crypto,” he noted that “cryptocurrency cannot be stopped”...
SBF risks 115 years in jail, Binance’s FUD, and auditors quit crypto: Hodler’s Digest Dec. 11-17
17.12.2022
Algorithmic stabilization is the key to effective crypto-finance
17.12.2022
Crypto needs to move on from the LUNA crash and start trusting algorithmic stablecoins again
TVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021
17.12.2022
The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17, 2022, the TVL in defi is roughly $39.53 billion after dropping more than 4% in value during the past 24 hours. Value Locked in Defi...
Gemini Customer Data Leak Was Advertised for Sale on Hacker Forums for 30 BTC in September
17.12.2022
On Dec. 14, 2022, the crypto exchange Gemini revealed that some Gemini customers have been the target of phishing attacks that the firm believes stem from a third-party vendor leak. While reports disclosed that Gemini’s leak was approximately “5,701,649 lines of information pertaining...
Central Banks to set standards on banks’ crypto exposure - BIS
17.12.2022
The new standard limits crypto reserves among banks to 2% by 2025, and goes into effect on January 1, 2025
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,200 to Start the Weekend
17.12.2022
Ethereum fell below $1,200 to start the weekend, as prices continued to trade close to a multi-week low. This decline comes as market sentiment remained bearish following a big week of economic data. Bitcoin also extended recent declines, as traders remained nervous following news that financial...
FTX Collapse Has Rekindled Security and Reliability Concerns for Web3 Projects Says Marketing Expert
17.12.2022
The fallout from the collapse of failed crypto exchange FTX is forcing Web3 brands, and projects previously focused on managing the public’s perception, to concentrate on fighting for their very legitimacy, Laura K. Inamedinova, a Web3 marketing expert, has said. Besides just trying...
‘I’m Not a Regulator, But I Can Take a Look’ and 20 Crypto Jokes
17.12.2022
Read More: ‘I’m Not a Regulator, But I Can Take a Look’ and 20 Crypto Jokes
Billionaire Investor Mike Novogratz Says Not All Crypto Exchanges Are Criminal Organizations Like FTX
17.12.2022
Mike Novogratz, CEO of crypto investments company Galaxy Digital, has said not all crypto exchanges are run like the now-collapsed FTX.
In an interview with CNBC’s Squawk Box on December 15, Novogratz said not every crypto boss is trying to steal users' money and that not all crypto platforms...
Big Short Investor Michael Burry Says Audits of Crypto Exchanges Like Binance and FTX Are ‘Meaningless’
17.12.2022
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says the problem with auditing cryptocurrency exchanges, like Binance and FTX, is the same as when he started using a new kind of credit default swap. “Our auditors were learning on the job,”...
Crypto Markets Today: Co-Founder of OneCoin Pyramid Scheme Pleads Guilty; CoinDesk Market Index Drops
16.12.2022
Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Crypto Stories: Dr. Adam Back shares his life of hacks
16.12.2022
A cartoon version of Dr. Adam Back recounts stories of hacking coded doors at university and the inception of Hash Cash in the latest of Cointelegraph Crypto Stories
Bitcoin and Ethereum gave back their gains, but has anything actually changed?
16.12.2022
Bullish crypto momentum fizzled after Fed Chair Powell poured cold water on investors’ hopes that a positive CPI report would trigger a trend change, but higher time frames remain interesting
US Financial Stability Oversight Council urges congressional action on crypto
16.12.2022
According to the FSOC, issues at FTX had “precipitated price decreases in Bitcoin and other crypto-assets” but “had a limited impact on the broader U.S. financial system.”
Web3 Needs Seamless Infrastructure to Drive Adoption
16.12.2022
Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month
16.12.2022
While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop considerably during the last three days. While 20% of BUSD’s supply was drained since last month...
Crypto Winter Isn’t Chilling VCs From Investing in Web3, Says PitchBook Analyst
16.12.2022
Robert Le, senior emerging technology research analyst at the data and research company PitchBook, breaks down investment in the coming months and details which areas of the industry are seeing growth right now
Crypto Whales Just Added These Altcoins to Their Wallets – What Do They Know?
16.12.2022
Crypto investors with a lot of money, also known as "whales", are always looking for new investments to give them an edge in the markets. To do this, they often take advantage of presales as part of a strategy to buy large amounts of certain altcoins early on before they go public. But what exactly...
Total crypto market cap takes another hit, but traders remain neutral
16.12.2022
The total crypto market cap is at risk of falling below $825 billion, but data shows traders actively adding to their longs and shorts