Search
FTX Collapse Exposed 'Weaknesses' in Crypto, Janet Yellen Says: Report
14.11.2022
The U.S. Treasury Secretary said the crypto sector is in need of "very careful regulation."
St. Kitts and Nevis to Explore Possibility of Making Bitcoin Cash Legal Tender by March 2023
14.11.2022
St. Kitts and Nevis will explore the possibility of making bitcoin cash legal tender by March 2023. The statement was made by St. Kitts and Nevis Prime Minister Terrance Drew as part of the Bitcoin Cash 2022 Conference held in the country, declaring that Bitcoin Cash mining activities will also...
Citi: Correlation Between Equity Markets, Bitcoin Weakens Following FTX Collapse
14.11.2022
Decentralized exchanges have gained market share as confidence in their centralized equivalents declined, the report said
PEGA Pool to Launch in 2023 to Help You Offset Your Carbon Footprint While Crypto Mining
14.11.2022
PEGA Pool is an eco-friendly crypto mining pool currently in private beta testing and is expected to be open to the public in the first quarter of 2023. Regarding bitcoin mining, there have always been concerns about its environmental impact; however, now is the ideal time to make a difference...
Hong Kong Crypto Platform Hbit's $18.1M Stuck in FTX
14.11.2022
In an announcement to shareholders on Monday, New Huo Technologies Holdings Limited, said regarding its subsidiary, that $13.2 million of the money belonged to clients, while, $4.9 million were Hbit assets
There Was No Cause to Add FTX to Investor Alert List Before Collapse, Singapore's MAS Says
14.11.2022
The Monetary Authority of Singapore said it was not possible to prevent Singapore users from directly accessing overseas service providers, and warned regulations don’t protect against risky speculative trades
Goldman Cuts Coinbase Price Target to $41, Says Exchange is Fairly Insulated From FTX Collapse
14.11.2022
Goldman maintained a sell rating on COIN, revising its 12-month price forecast to $41 from $49
Bitcoin Cash Could Be Legal Tender in St. Kitts by March, Prime Minister Says
14.11.2022
The Caribbean nation could join El Salvador and the Central African Republic in backing crypto
Morgan Stanley Says There Is Still Much Leverage in the Crypto Ecosystem
14.11.2022
Retail investors may start to sell if the bitcoin price drops below $10,000, the bank said
Fiat-to-Crypto Company Ramp Raises $70 Million to Solve the Crypto Onboarding Problem
14.11.2022
Ramp, a fiat-to-crypto company, has announced it has raised $70 million as part of its Series B funding round. The round was co-led by Mubadala Capital and Korelya Capital, with Balderton Capital and Cogito Capital participation. The company explained that these funds would allow it to improve...
Canaan Q3 Net Income Drops 88% as Bitcoin Mining Declines
14.11.2022
Canaan (CAN), a producer of bitcoin mining equipment, said net income slumped 88% in the third quarter due to "negative market dynamics."
Crypto.com CEO Dismisses Speculation of Financial Trouble, Says FTX Exposure Is Minimal
14.11.2022
In a live question-and-answer session, Crypto.com CEO Kris Marszalek said the company’s balance sheet is strong
Ukraine’s Cyberpolice Expose Members of Crypto Fraud Scheme Making €200 Million a Year
14.11.2022
A report shows Ukrainian Cyberpolice identified members of a group that defrauded people around the world through fake crypto investment offers. The criminal organization maintained offices and customer service centers with thousands of employees in a number of European countries. Cyberpolice...
Bitcoin Miners' Balance Slides as FTX Collapse Weighs on Crypto
14.11.2022
Data tracked by Glassnode shows, the number of bitcoin held by miner wallets has dropped to a 10-month low
Binance Starts Recovery Fund for Crypto Projects Facing Liquidity Crisis
14.11.2022
Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative
Manhattan District Attorney Freezes $1.3 Million in Crypto — Seeks to Return Funds to Fraud Victims
14.11.2022
Manhattan District Attorney (DA)’s Office has frozen more than $1.3 million in cryptocurrency “during fraud investigations conducted over the past ten months.” The authority said: “We are returning that money to the victims of these schemes — while raising awareness...
Crypto Token Launch Platform Tokensoft Doxes 4500 Users, Calling Them ‘Bad Actors’
14.11.2022
A Tokensoft community manager published an excel sheet of "bad actors" on Discord with their personal details
Binance CEO Likens FTX Fiasco to 2008 Financial Crisis — Warns of ‘Cascading Effects’
14.11.2022
Binance CEO Changpeng Zhao has compared the FTX collapse to the 2008 financial crisis. Warning of “cascading effects,” he stressed: “A lot of consumer confidence is shaken, and I think basically it sets us back a few years.” Binance’s CEO Discusses the Impact...
Conflicting Reports Emerge About SEC Helping Bankrupt Crypto Exchange FTX With Legal Loopholes
14.11.2022
The U.S. Securities and Exchange Commission (SEC) reportedly met with crypto exchange FTX and former CEO Sam Bankman-Fried several times before the crypto firm filed for bankruptcy. SEC Chairman Gary Gensler was rumored to be helping FTX with legal loopholes. However, a new report indicates...
After Bitcoin's Worst Week in Five Months, Here's What Crypto Analysts Are Saying
14.11.2022
A roundup of commentary on how digital-asset market analysts see the next few months unfolding