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While Elon Musk Plans to Purge 1.5 Billion Inactive Twitter Names, Bitcoiners Beg Him to Preserve Hal Finney’s Account
13.12.2022
On Dec. 9, 2022, Twitter’s owner Elon Musk told the public that the social media company plans to purge 1.5 billion accounts. Musk further added that the deletions would be obvious accounts that have no tweets or they haven’t logged in for years. However, after Musk announced this...
Astar Network CEO: Webassembly Smart Contracts Are Going to ‘Pull a Lot of Talent From Web2 to Web3’
11.12.2022
Ethereum is almost universally credited for kickstarting the Web3 revolution after it brought to life the concept of smart contracts. However, some in the Web3 community, like Astar Network’s Sota Watanabe, believe the protocol cannot “build the innovative future of blockchain...
Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported
10.12.2022
The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal regimes in Russia, as an exception. Russia’s Central...
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,300 Following Monday’s False Breakout
6.12.2022
Ethereum was in the red on Tuesday, as bears reentered the market following a failed breakout of a key resistance level. Prices failed to sustain yesterday’s move above $1,300, with momentum slipping in today’s session. Bitcoin was also lower, however is trading above $17,000 as...
Blackrock CEO on FTX Collapse: Most Crypto Companies Aren’t Going to Be Around
5.12.2022
The CEO of Blackrock, the world’s largest asset manager, says that most crypto companies will not be around following the collapse of crypto exchange FTX. However, the executive is still optimistic about blockchain technology. Blackrock’s CEO on FTX’s Collapse and Future of Crypto...
Kevin O’Leary Reveals How He Almost Secured $8 Billion to Rescue FTX Before It Collapsed
29.11.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared how he and Sam Bankman-Fried (SBF) almost raised $8 billion from institutional investors to save crypto exchange FTX before it collapsed. However, when reports emerged of FTX being investigated by several authorities, including...
Biggest Movers: DOGE Down 10%, XRP Extends Declines
28.11.2022
Dogecoin was down by as much as 10% to start the week, as the token retreated from Sunday’s high. The meme coin raced to a three-week high over the weekend, however bulls appeared to have abandoned their positions, opting to secure profits. Xrp, formerly known as ripple, fell for a third...
Hollywood, Streaming Giants Scramble for Movie Rights to FTX Saga
24.11.2022
After the FTX collapse, the story seems as though it came from a financial thriller based on fiction and made-up characters. However, the story and the people behind it are very real and today’s streaming giants like Amazon, Apple, and Netflix are vying to get the rights to tell the FTX tale....
Onchain Analysis Verifies the Number of BTC Held by Grayscale’s Bitcoin Trust
24.11.2022
After Grayscale Investments shared information concerning the company’s product holdings, people questioned why the firm wouldn’t share the public addresses associated with the crypto assets it holds. However, on Nov. 23, OXT researcher Ergo published a Twitter thread featuring...
Biggest Movers: LTC up 12%, Hitting a 3-Week High
22.11.2022
Litecoin rallied to a three-week high on Nov. 22, despite the global cryptocurrency market cap mostly residing in the red. As of writing, the crypto market is down 1.11%, however, litecoin is up by over 12%. Another notable gainer has been chainlink, which rose for a second straight session....
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...
How to Internationalize Numbers with JavaScript
21.11.2022
Presenting numbers in a readable format takes many forms, from visual charts to simply adding punctuation. Those punctuation, however, are different based on internationalization. Some countries use , for decimal, while others use .. Worried about having to code for all this madness? Don’t...
Defi Chain Co-Founder: FTX’s Collapse Has Rekindled Interest in Defi and Associated Products
18.11.2022
According to Julian Hosp, co-founder of the decentralized finance entity Defi Chain, the fall of the crypto exchange FTX and the domino effect it has had may have rekindled interest in decentralized finance (defi) and associated products. Hosp, however, conceded that the crypto exchange’s...
Sam Bankman-Fried, FTX, Alameda Were Accused of Conspiracy, Racketeering, and Market Manipulation 3 Years Before FTX Collapsed
17.11.2022
Amid the latest bankruptcy case filed by FTX Trading Ltd., U.S. regulators want to crack down on crypto exchanges, and a class action lawsuit has been issued against former FTX CEO Sam Bankman-Fried (SBF) and 12 celebrities. However, this is not FTX’s and Alameda Research’s first...
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...
Bitcoin, Ethereum Technical Analysis: BTC Rebounds Following Bullish Comments From Elon Musk
14.11.2022
Bitcoin started the week trading below $17,000, as volatility in the cryptocurrency space continued to intensify. Following last week’s collapse of FTX, account withdrawals have increased, with several customers opting to remove their tokens from exchanges. However, strong comments from...
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...
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...
Biggest Movers: SOL Gives Up 20% Gains, as FTX Declares Bankruptcy
11.11.2022
Solana was up by as much as 20% on Friday, as the token rebounded following recent declines. The token which dropped by over 50% earlier in the week, surged today, as traders seemingly bought the dip earlier in the day. However, sentiment has since shifted following the news that FTX has declared...
US Senator Says Crypto Needs ‘More Aggressive Enforcement’ — ‘I’m Going to Keep Pushing SEC to Enforce the Law’
11.11.2022
U.S. Senator Elizabeth Warren says the implosion of crypto exchange FTX shows that the crypto industry needs “more aggressive enforcement.” She stressed: “I’m going to keep pushing SEC to enforce the law to protect consumers and financial stability.” However, many...