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UK Bank Starling Blocks Payments to Crypto Platforms — Claims Crypto Is High Risk, Heavily Used for Criminal Purposes
26.11.2022
Starling Bank has informed its customers that the bank no longer supports fund transfers to cryptocurrency platforms, including crypto exchanges. The bank stated that cryptocurrencies “are high risk and heavily used for criminal purposes and, as such, we no longer support them.”...
Singapore Regulator Explains Action Against Binance vs FTX — Warns Even Licensed Crypto Exchanges Can Fail
26.11.2022
The Monetary Authority of Singapore (MAS), the regulator overseeing the crypto sector, has defended the action it took against crypto exchange Binance and not the collapsed crypto platform FTX. The central bank also warned that cryptocurrencies are “highly volatile and many of them have lost...
10,000 Bitcoin Withdrawn From Wallet of Defunct Crypto Exchange Wex, Former BTC-e
26.11.2022
A large amount of cryptocurrency kept in a wallet associated with crypto exchange Wex, successor of the infamous trading platform run by alleged money launderer Alexander Vinnik, has moved for the first time since 2017. The 10,000 bitcoins in question, worth over $165 million, have been transferred...
Programming languages prevent mainstream DeFi
25.11.2022
Asset-oriented programming makes fundamental functions native to the programming language. DeFi needs more of that to improve security
Prospects Don’t Look so Hot for Sam Bankman-Fried’s Invitation-Only Crypto Bahamas Event
25.11.2022
Following the FTX collapse and amid the aftermath, people have been wondering about the company’s Crypto Bahamas conference that was scheduled to happen on April 17-20, 2023, at the exclusive Grand Hyatt Baha Mar, in Nassau. The event planned for April 2023 was supposed to be hosted by...
Crypto Biz: Institutions short Bitcoin as SBF is ‘deeply sorry’ for FTX collapse
25.11.2022
The fallout from the FTX collapse continues to reverberate across the crypto market. Institutions are using this opportunity to short BTC
American regulators to investigate Genesis and other crypto firms
25.11.2022
Alleged securities violations and connections with retail investors are being investigated by the State of Alabama and several other states
Best Crypto to Buy Today D2T, 25 November – D2T, XRP, TARO, TRX, RIA
25.11.2022
The cryptocurrency market continues to trade sideways today, with Bitcoin hovering around the $16,500 mark and most altcoins not seeing much action either.
Besides the ongoing questions around the FTX collapse contagion, the biggest news of the day may have been Binance CEO Changpeng "CZ" Zhao...
Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding
25.11.2022
Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give Matrixport a post-valuation of $1.5 billion....
Crypto Exchange Huobi Denies Rumors It Will Merge With Poloniex
25.11.2022
Cryptocurrency exchange Huobi has said rumours that it will merge with Poloniex are "categorically untrue."
How bad is the current state of crypto? On-chain analyst explains
25.11.2022
Despite the widespread loss of confidence in crypto following the FTX collapse, Bitcoin's on-chain data gives investors hope
US State Regulators Investigating Crypto Trading Firm Genesis Global Capital: Barron’s
25.11.2022
Several regulators, including the Alabama Securities Commission, are looking into whether Genesis may have violated securities laws, according to Barron’s
Binance Publishes Its Proof-of-Reserves System for Bitcoin Holdings, Additional Assets Coming Soon
25.11.2022
On Nov. 25, the largest cryptocurrency exchange in terms of daily trade volume, Binance, published its bitcoin proof-of-reserves (POR) system using The Merkle approach. At the time of writing, the snapshot provided by Binance shows the firm’s onchain reserves equate to 582,485 bitcoin, while...
Crypto Exchange Binance Delists Serum Trading Pairs Amid FTX Connection
25.11.2022
Cryptocurrency exchange Binance delisted three Serum (SRM) trading pairs on Friday as the fallout from FTX's collapse continues
Ethereum Software Company Consensys Collects User Data, Privacy Policy Discloses
25.11.2022
Crypto users have been complaining about a recent Consensys privacy policy update that says when Infura is leveraged as a remote procedure call (RPC) via Metamask, wallet and IP address data is collected. The news follows a similar decision the decentralized exchange (dex) platform Uniswap recently...
FTX’s collapse could change crypto industry governance standards for good
25.11.2022
Following FTX’s downfall, experts believe that centralized exchanges will be faced with increased regulatory scrutiny, potentially eliminating a lot of players from the fray
World Cup Crypto Scams are On the Rise – Look Out For These
25.11.2022
Global cybersecurity firm Kaspersky has released a list of the top five scams related to the ongoing FIFA World Cup Qatar 2022.
The World Cup gets the attention of millions of football fans from all over the world. Taking advantage of this critical period of time, scammers use different...
Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown
25.11.2022
Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and committed capital for the recovery fund. Crypto Industry Recovery Initiative Launched...
£3.2 Million Crypto Scam Dismantled by UK Cyber Crime Unit – Over 100 Arrests Made in ‘Biggest Ever Fraud Operation’
25.11.2022
The UK’s Metropolitan Police has taken down an international crypto scam ring in what it describes as the largest ever fraud operation led by the force. ...
Read More: £3.2 Million Crypto Scam Dismantled by UK Cyber Crime Unit – Over 100 Arrests Made in ‘Biggest Ever Fraud Operation’
South Korean Crypto Exchanges Delist WEMIX — Token Price Plunges by Nearly 70%
25.11.2022
The Digital Asset Exchange Joint Consultative Body (DAXA), the South Korean association of crypto exchanges, announced on Nov. 24 that the WEMIX token would be delisted. In justifying the decision to delist WEMIX, the association claimed the information provided by the token’s issuer Wemade...