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Pension Giant Ontario Teachers' Plans to Write Off All $95 Million Invested in Crypto Exchange FTX
18.11.2022
FTX investment represented less than 0.05% of Ontario Teachers' total net assets
MEXC Global now exceeds 10 million users; the meaning behind the upgrade color to “Ocean Blue”
18.11.2022
As of September 2022, MEXC has reached a respectable milestone of 10 million users! To celebrate this unique achievement, starting November 18, 2022, MEXC will introduce a major brand color change to its global user base to spread awareness of what it stands for. After surveying customers directly...
MEXC Global Now Exceeds 10 Million Users; The Meaning Behind the Upgrade Color to ‘Ocean Blue’
18.11.2022
PRESS RELEASE. As of September 2022, MEXC has finally reached a respectable milestone of 10 million users! To celebrate this unique achievement, starting November 18th of this year, MEXC will introduce a major brand color change to its global userbase to spread awareness for which it stands for....
Singapore Government’s Temasek Writes Down $275M Investment in Collapsed Crypto Exchange FTX
18.11.2022
Singapore government’s Temasek has written down the full value of its $275 million investment in the bankrupt crypto exchange FTX. “Our belief in the actions, judgment, and leadership of Sam Bankman-Fried … would appear to have been misplaced,” Temasek admitted. Temasek’s...
Justin Bieber's '$1.29 Million' NFT Is Now 'Worth' $69k
18.11.2022
At the height of the ‘Bored Ape’ craze earlier this year—I am embarrassed for the species that my kids are ever going to have to learn about this—pop star Justin Bieber paid a ridiculous $1.29 million for a receipt that said he owned a jpg of an ugly cartoon ape.Read more
This Green Token Has Raised Nearly $13 Million For Its Carbon-Credit Marketplace-On-The-Blockchain Platform – Time to Buy?
17.11.2022
Over the course of the last few weeks, the crypto market has taken a serious tumble thanks to the collapse of FTX. The contagion has been spreading out into the wider ecosystem and many other companies have already bankrupted themselves. However, there are some presales that have been doing...
Heroic Story secures $6 million to build Web3 tabletop RPG world
17.11.2022
The seed round was led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology
6,522 ‘Sleeping Bitcoins’ Worth $107 Million Wake Up After 5 Years of Inactivity
17.11.2022
On Nov. 16, 2022, at Bitcoin block height 763,474, someone transferred 6,522 bitcoin worth roughly $107 million after the coins sat idle for more than five years. While bitcoin’s value is 75% lower than it was a year ago, so-called sleeping bitcoins have been waking up amid the recent crypto...
Cardano Price Prediction as $300 Million Trading Volume Comes In – ADA to $3 Soon?
17.11.2022
Cardano price prediction is bearish until it breaks out of a descending triangle pattern that provides resistance at $0.3445. Cardano's price has slipped by more than 4% in the last seven days.
On the lower side, Cardano is likely to gain immediate support near $0.4160 or $0.2915. Can we expect...
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg
16.11.2022
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent...
Elliptic Analysis Says $477 Million Stolen From FTX, ‘Accounts Drainer’ Becomes 35th Largest ETH Holder
15.11.2022
Three days ago, on Nov. 11, 2022, it was reported that FTX’s wallets saw unusual activities and FTX Telegram channel admins stressed that FTX was “hacked.” The same day, the new FTX CEO John Ray confirmed there were “unauthorized transactions.” A report by...
Xbox Automatically Banned 4 Million Accounts For Cheating Or Botting In 2022
15.11.2022
Microsoft recently published an Xbox transparency report that offers some details on how it moderated its online services during the first six months of 2022. According to the publisher’s report, most enforcements were “proactive,” which means that Xbox issued a ban (in most cases) before anyone...
Crypto.com’s Exposure to FTX Less Than $10 Million Says CEO — CRO Token Not Used as Collateral
15.11.2022
According to the CEO of Crypto.com, Kris Marszalek, his firm had recovered much of the $1 billion that had been sent to FTX when the crypto exchange collapsed. However, he acknowledged that at the time of FTX’s collapse, Crypto.com’s exposure to the crypto platform was below...
FTX bankruptcy filing speculates over 1 million creditors
15.11.2022
In the latest bankruptcy filing for the exchange, it was revealed that there may be one million creditors, rather than the 100,000 initially estimated
Bitcoin, Ethereum Technical Analysis: BTC Climbs to $17,000 as Weaker USD Overshadows SBF’s Cryptic Tweets
15.11.2022
Bitcoin was trading marginally higher on Nov. 15, as the U.S. dollar continued to weaken, dropping to multi-month lows versus several G7 currencies. The decline of the dollar overshadowed tweets from FTX’s Sam Bankman-Fried, who cryptically tweeted “What happened” to his...
Renault Launches Its Industrial Metaverse, Aims to Save $330 Million by 2025
15.11.2022
Renault, one of the biggest automakers in the world, has announced it has built the first industrial metaverse, with all its production lines supplying data to this world. According to the company, this digital twin replica will allow it to save $330 million by 2025, diminishing warranty expenses...
Bitget Raises Its Protection Fund to $300M to Reassure Users After FTX’s Collapse
15.11.2022
PRESS RELEASE. Nov 15th, 2022 – Leading global cryptocurrency exchange, Bitget announces that it will increase its Protection Fund to 300 Million USD, in order to provide better protection and further assurance to crypto users. This is part of Bitget’s major efforts in building...
Onchain Data Reveals Alameda Acquired Specific Tokens a Month Before FTX Listings
15.11.2022
According to a report stemming from the blockchain analytics firm Argus, Sam Bankman-Fried’s trading firm Alameda Research obtained tokens ahead of FTX.com listings. The report claims that Alameda acquired roughly $60 million worth of tokens before the digital assets were scheduled to...
Former Huobi-linked entity says it has $18.1 million stuck on FTX
14.11.2022
Lin Li, the company's founder, has agreed to lending up to $14 million to New Huo Technology to bailout affected clients
Bitget Prepares 5 Million USD Builders Fund to Help Users Distressed by FTX Collapse
14.11.2022
PRESS RELEASE. Nov 14th, 2022 – Leading global cryptocurrency exchange Bitget announces that it has set aside a 5 Million USD worth of Builders’ Fund, aiming to help those affiliates, influencers and professional traders who are distressed by the FTX collapse. The market witnessed...