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Latam Based Cryptocurrency Exchange Ripio Expands to US
25.11.2022
Ripio, an Argentina-based cryptocurrency exchange, has announced that it will expand its operations to the U.S. The company, which serves more than 4.5 million customers in Latam, received a license in the state of Florida to operate and will start offering its Ripio Select services to companies...
Fumiya ‘the Most Famous Japanese in the Philippines’ Becomes PROJECT XENO Ambassador
25.11.2022
PRESS RELEASE. Project Xeno is pleased to announce that Fumiya, a social media creator with over 6 million followers on SNS, has been appointed as the Southeast Asia ambassador for “PROJECT XENO.” Fumiya is a social media creator based in the Philippines, working extensively as...
Elon Musk Confirms Bankman-Fried Owns 0% of Twitter Despite Reports Claiming a $100M Stake
25.11.2022
Tesla CEO and Twitter chief Elon Musk has clarified that Sam Bankman-Fried, former CEO of collapsed crypto exchange FTX, does not own any stake in Twitter. This followed an article published by a Bankman-Fried-backed publication suggesting that Musk took $100 million from the former FTX executive....
Hackers Steal $42 Million Worth of Crypto Assets from Fenbushi Capital Founder Bo Shen – This is What Happened
24.11.2022
Hackers have stolen as much as $42m worth of crypto from a wallet controlled by the prominent blockchain venture capitalist Bo Shen, founder of Fenbushi Capital.
The news of the theft was shared by Bo Shen himself on Twitter on Wednesday, with Shen saying the theft happened from his personal...
Bitcoin Miner Firm Core Scientific Posts $400 Million Quarterly Loss – Bankruptcy Soon?
23.11.2022
Bitcoin (BTC) mining firm Core Scientific could be next in line for a bankruptcy filing, after posting a loss of well over $400m in the third quarter.
The company, which is known as the largest publicly listed Bitcoin miner in the US, has now lost a whopping $1.7bn for the year after a new...
Venture Capital Firm Sequoia Apologizes to Fund Investors for $150 Million Loss on FTX
23.11.2022
In a rare move, American venture capital firm Sequoia Capital reportedly apologized to its fund investors for the $150 million it had lost on the now-bankrupt crypto exchange FTX.
The apology was reported by the Wall Street Journal, citing people familiar with the matter. Sequoia’s partners...
Bitcoin, Ethereum Technical Analysis: Bitcoin Rebounds, Coinbase Confirms Holding 2 Million BTC
23.11.2022
Bitcoin moved back above $16,000 on Nov. 23, as markets continued to react to the news that Coinbase holds 2 million bitcoin worth $39.9 billion. Centralized exchanges continue to face scrutiny following the collapse of FTX, with many moving to showcase their proof of reserves. Ethereum was also...
Estonia, US Arrest 2 Suspects in $575 Million Crypto Fraud Scheme
23.11.2022
Law enforcement officers from Estonia and the United States have arrested two men for allegedly committing a large-scale cryptocurrency fraud. The Estonian nationals, who ran a crypto mining service and a fake virtual currency bank, laundered their proceeds, spent on cars and real estate,...
Cathie Woods of Ark Invest Predicts Bitcoin Will Reach $1 Million by 2030 – Here’s Why
23.11.2022
Ark Investment founder and CEO Cathie Wood believes Bitcoin could top $1 million per coin by 2030.
The famed stock-picker is standing by her bold prediction that each BTC coin would be worth $1 million in the next eight years despite the recent bloodbath in the market that has seen the flagship...
Dogecoin Price Prediction as DOGE Sees $900 Million Trading Volume Come In
23.11.2022
Dogecoin price prediction is positive, as it has risen above $0.0720 and is now trading at $0.0810.
However, the downward trendline and 50-day moving average continue to obstruct the upward movement.
Elon Musk's decision to pay a whopping $44 billion for the social media giant Twitter has been...
Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’
22.11.2022
According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 billion. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following FTX’s turbulent collapse. Coinbase Co-Founder Shares...
Bahamas Property Worth $121 Million Acquired by FTX, SBF’s Parents, Report Unveils
22.11.2022
Bankrupt crypto exchange FTX and its founder’s parents have purchased properties for almost $121 million in the Bahamas, according to a media report. Some of these were supposed to be used by the company’s senior executives, quoted documents have revealed. Bankman-Fried’s Parents Trying to Return...
Cardano Price Forecast as ADA sees Huge $300 Million Trading Volume in 24 Hours
21.11.2022
The Cardano price is kicking off the week on a negative note amid widespread declines in the crypto market. The largest cryptocurrency, Bitcoin (BTC), is down 3.6% on the day and is trading at $16,041, while Ethereum (ETH) exchanges hands at $1,116....
Read More: Cardano Price Forecast as ADA sees...
Ethereum Price Prediction as FTX Hacker Begins Dumping $200 Million ETH Holdings
21.11.2022
The Ethereum price has dropped by 7.5% in the past 24 hours, as proceeds from last week's FTX 'hack' have begun being dumped on the market. As of writing, the address associated with this breach continues to hold over 200,000 ETH (worth more than $223 million), suggesting that the price of...
Ethereum Price Prediction as FTX Hacker Begins Dumping $200 Million ETH Holdings
21.11.2022
The Ethereum price has dropped by 7.5% in the past 24 hours, as proceeds from last week's FTX 'hack' have begun being dumped on the market. As of writing, the address associated with this breach continues to hold over 200,000 ETH (worth more than $223 million), suggesting that the price of...
FTX Latest – Crypto Prices Fall as Filings Show Top 50 Creditors Are Owed $3.1 Billion, 2 Owed More than $200 Million Each
20.11.2022
A list of the top 50 creditors of the FTX group of companies has been filed with the bankruptcy court, and the sum total amounts to $3.1 billion.
The top two creditors are owed $226 million and £203 million. None of the names of the creditors are included in the list, in line with a request by...
Altcoin SNM’s 4,000% Price Surge in 24 Hours Fuels Pump and Dump Claims
20.11.2022
The trading price of the altcoin SNM suddenly rose by over 4,000% to $10.91 on Nov. 20, 5:30 a.m. (ET), while the coin’s 24-hour trade volume stood at just over $720 million. The altcoin’s abrupt price surge has fueled speculation that the altcoin is being targeted by a pump-and-dump...
Binance’s Bitcoin Reserve Stash Nears 600,000, Company’s BTC Cache Is Now the Largest Held by an Exchange
20.11.2022
While there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022, Binance’s bitcoin stash has grown significantly since Nov. 12. In fact, metrics from...
XRP Price Prediction as $700 Million Trading Volume Turns XRP Green – $1 Next?
20.11.2022
XRP price prediction remains slightly bullish above the $0.3650 support zone, as XRP's trading volume has sliced through $700 million and now stands at $865 million.
The CEO of Ripple Labs, Brad Garlinghouse, believes that the crypto sector will emerge stronger after the FTX catastrophe...
$333 Million in Bitcoin Vanished from FTX Days Before the Company Filed for Bankruptcy Protection
20.11.2022
While it’s widely reported that hundreds of millions of dollars in Ethereum-based tokens were siphoned from the FTX wallet after the company filed for bankruptcy on Nov. 11, 2022, another $333 million worth of FTX-related bitcoins somehow vanished as well. At one point, FTX held $3.3 billion...