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Bitcoin will survive failure of ‘any giant’ in crypto, Samson Mow says
22.11.2022
Bitcoin cannot be destroyed by the fall of cryptocurrency giants like FTX or, hypothetically, other big exchanges, according to Samson Mow
Billionaire Bill Ackman: Crypto Enables Creation of Useful Businesses and ‘Is Here to Stay’
22.11.2022
According to Bill Ackman, billionaire and CEO of Pershing Square Capital Management, while crypto tokens are used by unethical promoters to perpetuate fraud, they “can enable the formation of useful businesses.” A previous critic of digital assets, Ackman insists that “crypto...
Crypto Firm Genesis Struggles to Raise Fresh Capital, In Talks with Binance – Next Domino to Fall From FTX Contagion?
22.11.2022
The troubled crypto trading firm Genesis is reportedly struggling to raise fresh funds for its lending unit - and may be headed into bankruptcy.
According to Bloomberg, citing people with knowledge of the matter, the company has spent the past several days looking to raise a minimum of $1 billion...
XRP Price Prediction as XRP Spikes Green Despite Crypto Prices Crashing – New Rally Starting?
22.11.2022
The XRP price has risen by 1.5% in the past 24 hours, reaching $0.358245 as the altcoin recovers from yesterday's market-wide selloff. It remains down by 23% in the last 30 days, yet hopes surrounding Ripple's case with the SEC promise to push it up higher in the coming weeks, as this case case...
S Korean Regulators Draft New Crypto Laws – to Prevent More FTX and Terra ‘Incidents’
22.11.2022
Financial regulators in South Korea want to impose a raft of new crypto-related laws – in a direct response to the collapse of the FTX crypto exchange and the implosion of Terra ecosystem coins in May.
Thus far, most South Korean crypto exchanges have been left relatively unscathed by the...
Crypto Financial Services Firm Eqonex Files for Voluntary Debt Restructuring in Singapore
22.11.2022
The company has been in talks with existing lender Bifinity and other potential investors to raise capital, but has not been successful
Bitpanda's Local Unit Obtains German Crypto License
22.11.2022
DO NOT PUBLISH The Austrian crypto exchange can now offer custody and proprietary trading services to customers in the European country
Warren Buffett’s Berkshire Hathaway Warns About Crypto Exchange Website Using Its Name
22.11.2022
The Warren Buffett-led Berkshire Hathaway has issued a statement warning that a cryptocurrency exchange website is using its name. The company stressed that the crypto firm has no affiliation with Berkshire Hathaway Inc. or its chairman and CEO, Warren E. Buffett. Berkshire Hathaway Warns About...
Crypto Exchange Bitget Registers in Seychelles, Eyes Global Expansion
22.11.2022
The exchange plans to increase its workforce from 800 to 1,200 by Q1 of next year
Best Crypto to Buy Today 22 November – D2T, TRX, TARO, APE, IMPT
22.11.2022
The cryptocurrency market is gradually recovering from the impact of the FTX hacker moved assets and triggered a weekend sell-off that extended to Monday. Analysts feared that major assets like Bitcoin and Ethereum would continue dumping, especially if the FTX drainer decided to offload...
Sam Bankman-Fried deepfake attempts to scam investors impacted by FTX
22.11.2022
A faked video the FTX founder created by scammers has circulated on Twitter with users poking fun at its poor production quality
Federal Reserve Bank President Says ‘Entire Notion of Crypto Is Nonsense’
22.11.2022
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says crypto exchange FTX isn’t “one fraudulent company in a serious industry.” Stating that the “Entire notion of crypto is nonsense,” the Fed president claimed it is “just a tool...
HashFlare founders arrested in 'astounding' $575M crypto fraud scheme
22.11.2022
The HashFlare founders have been charged for their alleged involvement in a crypto fraud and money laundering conspiracy
FTX crisis leads to record inflows into short-investment products
22.11.2022
The aftermath of FTX’s collapse has soured crypto investor sentiment with "record” inflows into short-investment products last week, said CoinShares
Ethereum Co-Founder Vitalik Buterin Discusses FTX Collapse — Says ‘Centralized Anything Is by Default Suspect’
22.11.2022
Ethereum co-founder Vitalik Buterin says many people in the Ethereum community see the FTX collapse “as a validation of things they believed in all along: centralized anything is by default suspect.” However, he warned that automatically downgrading every single thing former FTX CEO...
NFTs, Crypto Banned From GTA Online Servers
22.11.2022
An update to publisher Take-Two’s “legal enforcement policy” for Grand Theft Auto Online was made late last week, which sought to clarify a whole bunch of boring legal and rights stuff, but which is also specifically cracking down on the sales of NFTs within the game.Read more
Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals
22.11.2022
Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX team “to prioritize the preservation of franchise value as best we can in these difficult...
Data shows traders are slightly bullish even as crypto’s total market cap falls under $800B
21.11.2022
The total crypto market cap has dropped under $800 billion, but data highlights a few reasons why some traders are bullish
Market Wrap: Crypto Markets Nervous as the FTX Collapse Dents Institutional Confidence
21.11.2022
Coinbase and MicroStrategy bonds tanked, crypto markets plunged and the FTX exploiter moved a total of 180,000 ether. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
BOE’s Cunliffe says regulation can save crypto from itself, and it’s worth the effort
21.11.2022
Blockchain technologies can bring improvements to finance, given a regulatory framework, and links between DeFi and TradFi are being rapidly cemented already, Cunliffe said