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Crypto Markets Today: Kraken Becomes the Latest Industry Giant to Cut Its Workforce
30.11.2022
The crypto exchange is cutting 30% of its global staff. ALSO: Bitcoin surges along with equity markets on the Federal Reserve Chair’s dovish tone in a speech Wednesday. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Total crypto market-cap hits $850M as Bitcoin and altcoins recover from FTX’s collapse
30.11.2022
The total crypto market recovers some lost ground as the contagion risks associated with FTX’s collapse begin to look resolvable
Markets Spike After Fed Chair Says It ‘Makes Sense to Moderate the Pace’ of Rate Hikes, Hints Easing Could Happen in December
30.11.2022
Equities, precious metals, and cryptocurrencies shined on Wednesday following Federal Reserve chairman Jerome Powell’s speech at the Brookings Institution in Washington. The crypto economy increased 3.11% to $860 billion, while the top four stock indexes jumped between 2% to 5% higher...
US CFTC commissioner calls for new category to protect small investors from crypto
30.11.2022
Speaking the FIA meeting in Singapore, Christy Goldsmith Romero compared the typical crypto investor, who may be of modest means, with the investors the CFTC is used to
Sen. Warren: Biden administration worked to stop crypto being 'dangerously intertwined' with banks
30.11.2022
The Massachusetts senator, an outspoken skeptic of crypto, applauded the efforts of FDIC acting chair Martin Gruenberg to separate digital assets from banking
US Prosecutors Charge 21 Alleged ‘Money Mules’ With Using Crypto to Launder Proceeds of Cybercrimes
30.11.2022
Prosecutors in Texas have slapped 21 U.S. citizens with an assortment of criminal charges for allegedly helping various transnational criminal rings launder their ill-gotten gains using cryptocurrency
Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs
30.11.2022
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only...
Kraken cuts workforce by 30% in an effort to survive crypto winter
30.11.2022
According to its CEO, the exchange grew too quickly to accommodate the fast-growing crypto ecosystem
Crypto's Ugly November Draws to Close With ‘Sam Coins’ in Gutter, Bitcoin Down 18%
30.11.2022
FTT, Serum's SRM and Solana's SOL tumbled following the FTX collapse in November. Bitcoin had its worst loss in five months
Senate Banking Committee chair calls for coordination with Treasury on crypto
30.11.2022
The committee chair cited crypto exchange FTX’s “alarming fraud”, liquidity crunch, and bankruptcy as an example of financial risk Treasury and regulators should address
After Months at Arm’s Length, Senate’s Brown Opens Door for Crypto Legislation
30.11.2022
U.S. Sen. Sherrod Brown (D-Ohio), the chairman of the Senate Banking Committee, has widely been seen as the linchpin of legislation to set up oversight of the cryptocurrency industry. While his crypto suspicions have been clear in hearings, his plans for specific bills remained quiet until now
SEC Could Use BlockFi as Object Lesson for Clear Crypto Regulation, Says Ex-SEC Official
30.11.2022
Howard Fischer, a Moses Singer LLP partner, discusses why the SEC is more concerned with regulating crypto than getting the $30 million BlockFi owes the agency
A Self-Regulatory Organization Is the Best Way to Advance Crypto While Protecting the Public
30.11.2022
The financial industry, collectively, has greater domain expertise than can be expected of regulators. This reality invites transparent, fully accountable, self-regulation
Analysts are Predicting These Coins to Do Well This Year As Crypto Prices Crash
30.11.2022
Coin prices across the crypto market have crashed this year, leaving many investors wondering what to do next. However, bear markets don't last forever, and some projects with strong fundamentals, real use cases, solid teams, and enthusiastic investor backing will no doubt come out the other side...
Crypto Trader Auros Global Misses Payment on DeFi Loan As FTX Contagion Spreads
30.11.2022
The company missed payment on a 2,400 wrapped ether loan, worth $3 million, from a M11 Credit pool on Maple Finance
Telegram CEO Durov Plans to Build Crypto Wallets, Decentralized Exchange
30.11.2022
The messaging app is pushing ahead with its buildout of crypto infrastructure
Crypto Stories: John McAfee tells the story of how he first found out about Bitcoin
30.11.2022
British-American businessman John McAfee talks about his crypto story and how he discovered BTC
Today in Crypto: Komodo Launches AtomicDEX Web, Animoca Plans a $2 Billion Fund to Invest in Metaverse Firms, SEBA Opens Hong Kong Office
30.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Komodo Launches AtomicDEX Web, Animoca Plans a $2 Billion Fund to Invest in Metaverse Firms, SEBA Opens...
Kraken Cuts 30% of Workforce Amid Crypto Winter
30.11.2022
Kraken is feeling the cold
Hong Kong Crypto Exchange AAX Unlikely to Reopen, Former Comms Chief Says
30.11.2022
The exchange shuttered on Nov. 13 after a reported hack