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Russia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions
17.11.2022
Both facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including cryptocurrencies, a Kremlin advisor has unveiled in Havana. Moscow is already developing a mechanism for crypto settlements to circumvent financial restrictions imposed over its invasion...
FTX acquisition no more: Canadian exchange Bitvo backs off the deal
17.11.2022
Bitvo has managed to back off its acquisition agreement with FTX exchange thanks to long approval process of the deal from local regulators
Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a day
17.11.2022
El Salvador currently holds 2,381 BTC with a total investment of $103 million, the value of its BTC investment has declined to $39.4 million in the current market conditions
Australia Suspends Financial Services License of Local FTX Entity
17.11.2022
Australia’s securities regulator has suspended the license of the Australian unit of the bankrupt crypto exchange FTX until mid-May. According to an issued statement, the platform will be allowed to provide limited financial services until Dec. 19 in order to terminate existing derivatives....
Market Wrap: Genesis Withdrawal Suspension Looms Over Cryptocurrencies
16.11.2022
Bitcoin and other cryptocurrencies fell as investors chewed over the industry’s latest debacle. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
DeFi platforms see profits amid FTX collapse and CEX exodus
16.11.2022
On-chain data flashed positive for DEXs and an increase in protocol revenue, even as markets corrected due to FTX’s insolvency
Blockstream CEO Adam Back talks Bitcoin over a game of Jenga
16.11.2022
Back was one of the few people cited in the original Bitcoin whitepaper
Bybit releases reserve wallet addresses amid calls for transparency
16.11.2022
The wallets seem to indicate that over $1billion worth of BTC, USDT, ETH, and USDC are held by the exchange
Breaking: Crypto lender Genesis Global halts withdrawals
16.11.2022
The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust
Billionaire Charlie Munger Condemns Cryptocurrencies Following FTX Collapse, Says ‘I Think It’s Totally Crazy’
16.11.2022
Berkshire Hathaway’s Vice Chairman Charlie Munger has long voiced his criticism of crypto, with a particular focus on bitcoin (BTC). Unsurprisingly, the ongoing market downturn and the abrupt collapse of major exchange FTX have further pushed the investor over the brink....
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FTX crisis could extend crypto winter to the end of 2023: Report
16.11.2022
The crypto market might see “second-order effects” from counterparties that may have lent or interacted with either FTX or Alameda
Tim Draper still positive on $250K Bitcoin price prediction in 2023
16.11.2022
The collapse of FTX crypto exchange has nothing to do with the success of Bitcoin because BTC is decentralized, and FTX was not, Tim Draper said
Best cryptocurrencies to invest in 2023: Orbeon (ORBN), Dogecoin (DOGE), and Cardano (ADA)
16.11.2022
Crypto markets are taking a nosedive again. For the bravest of investors, this is the time to invest and make huge gains down the line. But which cryptocurrency should you choose? In this article, we’ll take a look at three cryptos that are worth watching in 2023: Dogecoin (DOGE), Cardano...
Ukraine’s Deputy Digital Minister Rejects ‘FTX-Democrats Narrative’
16.11.2022
Claims that Ukraine has invested military aid into the bankrupt crypto exchange FTX have been rebutted by a representative of the Ukrainian government. Speculation circulated on social media suggested such funds have been returning to the U.S. via FTX donations for the Democratic Party. Kyiv...
Cryptocurrencies Trade in Sync After FTX Collapse – Just Not With Stocks
16.11.2022
A new analysis shows how correlations have increased on various sectors of the 162-asset CoinDesk Market Index (CMI) amid widespread crypto distress following the collapse of Sam Bankman-Fried's FTX exchange. U.S. stocks, meanwhile, look unfazed by it all
Experts Believe These Cryptocurrencies Are About to Explode 10x – Here’s Why
15.11.2022
Despite the recent downturn in the cryptocurrency market, several digital assets have huge potential for profit. This article will examine some of the cryptos to explode 10x on experts’ watchlists.
Dash 2 Trade is one of the newest platforms in the crypto market with significant prospects....
Hive Blockchain revenue declines by 44% Y/Y despite overall mining production surge
15.11.2022
The company mined 31% more Bitcoin than in the same quarter last year
Gold Bug Peter Schiff Insists This Is ‘Not a Crypto Winter,’ Economist Says It’s More Like ‘Crypto Extinction’
15.11.2022
Since bitcoin started falling from its all-time high last year, the economist and gold bug, Peter Schiff, made sure everyone knows that he wholeheartedly believes the leading crypto asset will fall to zero. Now that FTX has collapsed, Schiff has doubled down on his belief and he’s wasted...
FTX-owned crypto exchange Liquid halts all withdrawals
15.11.2022
Sam Bankman-Fried’s FTX exchange acquired the Japanese crypto trading platform Liquid Group and its subsidiaries in February 2022
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