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Crypto News Summary: UK Santander to Block Payments to Exchanges, BTC 50K Silk Road Guilty Plea, Ledger Live & Solana Mobile Stack Integration
7.11.2022
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: Crypto News Summary: UK Santander to Block Payments to Exchanges, BTC 50K Silk Road Guilty Plea, Ledger Live & Solana...
What Musk’s Twitter acquisition could mean for social media crypto adoption
7.11.2022
A growing number of social media platforms have been integrating crypto and Web3 support, but opinions are divided on whether they are in it for the ethos or profit
Tezro – the Revolutionary Cryptocurrency Payment System Establishing New Standards in the Blockchain Community
7.11.2022
PRESS RELEASE. PARIS, FRANCE / NOVEMBER 7th 2022 / Tezro’s decentralized cryptocurrency payment service is expected to revolutionize the shopping experience. Through its innovative financial chat platform, the Tezro app combines crypto and e-commerce, enabling users to make purchases using...
US Attorney Announces $3.4B Crypto Seizure Related to Silk Road
7.11.2022
Damian Williams, the United States Attorney for the Southern District of New York, announced the seizure of $3.36 billion of bitcoin related to Silk Road, a darkweb marketplace
Hottest crypto for 2023: Cardano, Avalanche, BudBlockz
7.11.2022
The advent of blockchain is more of a blessing to the 21st century. While the traditional banking system suffered significant challenges, cryptocurrency is obsessed with delivering efficient banking with smarter technology. Blockchain technology had diversified its usage just when we thought...
Crypto hits the main stage at Web Summit in front of record crowds
7.11.2022
Web Summit attracted over 71,000 attendees to Lisbon for the renowned technology summit, with cryptocurrency and blockchain taking a more central role in 2022
Crypto Adoption: Number of Bitcoin ATMs in Canada Jumps 28% in One Year
7.11.2022
The number of bitcoin (BTC) automated teller machines (ATMs) in Canada went up nearly 28% in a year and almost 190% in two years, according to data provided by Coin ATM Radar.
The number of Bitcoin ATMs currently installed in Canada is 2,549. On the first day of this month, the Coin ATM Radar...
BTC, MATIC, BNB, and BLUNT: 4 Gladiators in the Crypto Arena
7.11.2022
Cryptocurrencies have been gathering momentum recently. They are investment opportunity that isn’t controlled by a conventional financial institution or central authority. The cryptocurrency markets are looking up. Irrespective of the uncertainty, some cryptocurrencies have continued to stay...
Financial Crisis: Lebanese Economy Forces Residents Toward Crypto – Future of Money?
7.11.2022
As Lebanon’s financial woes continue, the Middle Eastern nation increasingly depends on cryptocurrencies, with many locals mining bitcoin (BTC) to survive and using tether (USDT) to buy groceries amid a legacy finance meltdown. ...
Read More: Financial Crisis: Lebanese Economy Forces Residents...
Crypto Exchange Coinmetro Eyes US, Europe Expansion With $7M Funding Round
7.11.2022
The interim funding round values the business at 180 million euros
Deribit hackers move stolen Ether to Tornado Cash crypto mixer
7.11.2022
The Deribit hot wallet hacker has transferred 1,610 ETH (over $2.5 million) to Tornado Cash, according to data from the Ethereum block explorer Etherscan
Crypto Fraudsters Bait Victims with Promises of Free ETH and Rolex Watches
7.11.2022
The ringleaders of a South Korean crypto fraud ring that sucked victims in with promises of Rolex watches and etheruem (ETH) giveaways have been sentenced to jail.
Money Today reported that three individuals were sentenced at a branch of the Seoul Central District Court’s Criminal Division...
FTX Token price risks 30% plunge as a 23M FTT 'part' moves to Binance
7.11.2022
Alameda Research reportedly obtained $2.2 billion worth of loans using FTT as collateral, a token created by cryptocurrency exchange FTX
Crypto no more in top 10 most-cited potential risks: US central bank report
7.11.2022
The U.S.-China tensions, the Russia-Ukraine war, higher energy prices, rising inflation, the COVID-19 pandemic and cyberattacks came out as some of the most pressing financial risk concerns
Lebanese Mint, Keep, Spend Crypto Amid Crisis, Report Unveils
7.11.2022
Living in the chaos of a deep crisis, people in Lebanon have been turning to cryptocurrency, a new media report has confirmed. From earning much needed income through mining and work, to storing wealth and paying in stores, bitcoin, tether and other cryptos have started to push aside...
Binance to liquidate its entire FTX Token holdings after ‘recent revelations’
7.11.2022
Binance CEO Changpeng Zhao cited “recent revelations” as the reason for the liquidation, noting the sale of its tokens could take months to complete due to the size of its position
Crypto Exchange Binance Dumping All FTX Tokens on Its Books — CEO Cites ‘Recent Revelations’
7.11.2022
Binance is dumping all of its FTX token (FTT) holdings “Due to recent revelations that have come to light,” CEO Changpeng Zhao has confirmed. “Regarding any speculation as to whether this is a move against a competitor, it is not,” he added. “Our industry is in...
First Mover Asia: SBF Talks Consumer Protection and Crypto Titans Clash
7.11.2022
Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings
Hydro-Québec Looks to Suspend Power Distribution to Crypto Miners in Bid to Save Capacity
7.11.2022
According to a Hydro-Québec newsroom report, the company has asked the electricity transmission and distribution regulator, Régie de l’énergie, to cease offering services to crypto miners. The Hydro-Québec report stresses that “growth in electricity demand is expected to continue in Québec....
Google Cloud Is Running a Solana Validator, Blockchain Node Engine to Support SOL Chain Next Year
6.11.2022
After Google Cloud announced that it would offer a product called the “Blockchain Node Engine” and further noted that Ethereum would be the first blockchain supported, the company revealed it was running a Solana validator on Nov. 5, 2022. Google said that the cloud division is currently working...