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UK Crypto Fraud Climbs by a Third to Over $270M: Report
28.11.2022
The U.K. is currently in a recession and the cost of living has increased, making some people vulnerable to fraudsters
Report: Nigerian Crypto Exchange Quidax Cuts Its Workforce by 20%
28.11.2022
As it reels from the effects of what it termed a global economic downturn, the Nigerian digital asset exchange platform, Quidax, recently said it had laid off employees who constituted 20% of its workforce. Despite the layoffs, Quidax reportedly told its customers it is ‘not going anywhere...
AAX exec leaves the crypto exchange amid ongoing operational halt
28.11.2022
Former AAX executive Ben Caselin said that his role in the firm became hollow and that the trust in the brand is broken
WEMIX Delisting: South Korean Crypto Exchange Upbit Accused of Instigating Token Removal
28.11.2022
According to the CEO of Wemade, Henry Chang, the South Korean cryptocurrency exchange Upbit was the brains behind the Digital Asset Exchange Joint Consultative Body (DAXA)’s decision to delist WEMIX. The Wemade CEO accused Upbit of applying different standards and of failing to furnish...
Find out how Tora Inu is getting ready to host one of the biggest cryptocurrency presales of 2022
28.11.2022
On social media platforms, Tora Inu is trending. Many investors are accumulating TORA during the project’s current presale to beat the price rise that will occur after the CEX listings and public debut. The review examines Tora Inu and its skill-based play-to-earn ecology in great detail....
Bahamian Attorney General Insists FTX Is the Subject of an ‘Active and Ongoing Investigation’
28.11.2022
The troubled and now-bankrupt crypto exchange FTX is the subject of “an active and ongoing investigation,” Bahamian attorney general Ryan Pinder told the press on Sunday. Pinder also stressed that putting the blame on the Bahamas “because FTX is headquartered here would be a gross...
Three Arrow’s Su Zhu reveals latest attempts at a comeback post-FTX
28.11.2022
The fall of FTX appears to have brought back certain crypto "villains” out from hiding, one even wants to start a new podcast series
New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective
28.11.2022
Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor...
Bizarre $600K Elon Musk crypto statue marketing stunt falls flat
28.11.2022
Elon Musk has not made any public comments regarding a bizarre $600,000 monument of him as a goat, which was delivered to the Tesla headquarters on the weekend
Crypto Twitter calls for calm after wETH insolvency joke goes viral
28.11.2022
Ethereum bull Anthony Sassano and Gnosis co-founder Martin Köppelmann were among those explaining later that the Wrapped Ethereum (wETH) FUD was part of an inside joke
Alameda Withdrew $204M in Crypto From FTX US Days Before Exchange Collapsed
28.11.2022
Alameda Research reportedly withdrew the most funds from FTX US, the U.S. arm of FTX, days before the crypto exchange filed for bankruptcy. The majority of the withdrawn cryptocurrencies were sent to wallets owned by FTX International, “suggesting that Alameda may have been operating...
FTX fall was ‘incredibly damaging,’ crypto must foster real utility: Ripple policy lead
28.11.2022
Ripple’s APAC policy director said the collapse of FTX is exactly why crypto needs to move away from "hype cycles" and towards "real utility."
Billionaire Bill Ackman Discusses Crypto Regulation — Says Industry Must Self-Police or Risks Being Shut Down
28.11.2022
Billionaire Bill Ackman has warned that the crypto industry needs to self-police or it risks being shut down. He added that regulators need more resources to police the bad actors in the crypto space and will likely take years to catch up. Bill Ackman on Crypto Regulation and the Need for Industry...
Coinbase: Institutional Investors Increased Allocations During Crypto Winter, Long-Term Price Outlook Positive
28.11.2022
A recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is “a strong signal of the acceptance of crypto as an asset class” and “the price outlook...
Taking down crypto influencers is one step that would help to heal the market
27.11.2022
The EU moved in the right direction by passing a law requiring influencers to disclose the risks associated with crypto. More countries should follow their lead
Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem
27.11.2022
The Venezuelan fiat currency, the bolivar, has lost almost 40% in its exchange rate against the U.S. dollar in a month. According to reports, the seasonal payments that the government has to make, and the lack of liquidity of the government to intervene in the currency market are part of...
Xmas Crypto Price Prediction - Santa Claus Rally? Tax Loss Harvesting Dump?
27.11.2022
Traders often predict these two catalysts will drive crypto prices up or down in December - a 'Santa Claus rally' and tax loss harvesting.
The two terms are older than cryptocurrency, commonly discussed by stock traders at the end of each financial year. Just how accurate are they for making...
The reason bots dominate crypto gaming? Cash-grubbing developers incentivize them
27.11.2022
Users who have the most ability to profit from the crass profiteering mechanisms are those who use automated systems to “play” the games
Despite 2 Entities Holding 73% of the FTX Token Supply, FTT Price Still Holds Above $1 per Unit
27.11.2022
While a large fraction of crypto assets dropped a great deal in value during the past few weeks and bitcoin is down 18.2% in 30 days, the exchange coin ftx token (FTT) still trades above a U.S. dollar per unit. Moreover, the unknown entity known as the ‘FTX Accounts Drainer,’ still holds the second...
A Dozen Digital Assets Record Double-Digit Gains as Crypto Markets Begin to Heal After FTX’s Collapse
27.11.2022
At the time of writing the global cryptocurrency market capitalization is hovering around $842 billion on Sunday, Nov. 27, 2022. Bitcoin prices consolidated since the start of the week, as seven-day stats indicate the price of bitcoin has dropped by 0.02% this week. Meanwhile, while bitcoin prices...