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FTX under 'active' civil and criminal investigation: Bahamas AG
28.11.2022
Bahamian Securities Commission, the Prime Minister’s financial intelligence unit, and a financial crimes unit are all involved in the FTX investigation
Bahamian Attorney General Insists FTX Is the Subject of an ‘Active and Ongoing Investigation’
28.11.2022
The troubled and now-bankrupt crypto exchange FTX is the subject of “an active and ongoing investigation,” Bahamian attorney general Ryan Pinder told the press on Sunday. Pinder also stressed that putting the blame on the Bahamas “because FTX is headquartered here would be a gross...
Three Arrow’s Su Zhu reveals latest attempts at a comeback post-FTX
28.11.2022
The fall of FTX appears to have brought back certain crypto "villains” out from hiding, one even wants to start a new podcast series
Dogecoin jumps after Elon Musk shares glimpse into Twitter 2.0 plans
28.11.2022
Dogecoin investors continue to be hopeful that Musk's vision for Twitter 2.0 will include some form of DOGE integration
New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective
28.11.2022
Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor...
Bizarre $600K Elon Musk crypto statue marketing stunt falls flat
28.11.2022
Elon Musk has not made any public comments regarding a bizarre $600,000 monument of him as a goat, which was delivered to the Tesla headquarters on the weekend
Bitcoin Price and Ethereum Down 5% amid China Lockdown - Time to Buy?
28.11.2022
The leading cryptocurrency, Bitcoin, failed to break a descending triangle pattern and fell over 3% to $16,160 amid an increased level of FUD in the market.
Likewise, the second-most valuable cryptocurrency, Ethereum, has followed Bitcoin's lead and fallen sharply by nearly 5% to $1,171....
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Crypto Twitter calls for calm after wETH insolvency joke goes viral
28.11.2022
Ethereum bull Anthony Sassano and Gnosis co-founder Martin Köppelmann were among those explaining later that the Wrapped Ethereum (wETH) FUD was part of an inside joke
Alameda Withdrew $204M in Crypto From FTX US Days Before Exchange Collapsed
28.11.2022
Alameda Research reportedly withdrew the most funds from FTX US, the U.S. arm of FTX, days before the crypto exchange filed for bankruptcy. The majority of the withdrawn cryptocurrencies were sent to wallets owned by FTX International, “suggesting that Alameda may have been operating...
FTX fall was ‘incredibly damaging,’ crypto must foster real utility: Ripple policy lead
28.11.2022
Ripple’s APAC policy director said the collapse of FTX is exactly why crypto needs to move away from "hype cycles" and towards "real utility."
Billionaire Bill Ackman Discusses Crypto Regulation — Says Industry Must Self-Police or Risks Being Shut Down
28.11.2022
Billionaire Bill Ackman has warned that the crypto industry needs to self-police or it risks being shut down. He added that regulators need more resources to police the bad actors in the crypto space and will likely take years to catch up. Bill Ackman on Crypto Regulation and the Need for Industry...
Coinbase: Institutional Investors Increased Allocations During Crypto Winter, Long-Term Price Outlook Positive
28.11.2022
A recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is “a strong signal of the acceptance of crypto as an asset class” and “the price outlook...
Taking down crypto influencers is one step that would help to heal the market
27.11.2022
The EU moved in the right direction by passing a law requiring influencers to disclose the risks associated with crypto. More countries should follow their lead
After FTX: Defi can go mainstream if it overcomes its flaws
27.11.2022
The collapse of FTX and other centralized platforms in 2022 has pushed investors toward noncustodial platforms
Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem
27.11.2022
The Venezuelan fiat currency, the bolivar, has lost almost 40% in its exchange rate against the U.S. dollar in a month. According to reports, the seasonal payments that the government has to make, and the lack of liquidity of the government to intervene in the currency market are part of...
TON Telegram integration highlights synergy of blockchain community
27.11.2022
Independent developers from The Open Network community developed a Telegram bot for trading and transferring cryptocurrency
Xmas Crypto Price Prediction - Santa Claus Rally? Tax Loss Harvesting Dump?
27.11.2022
Traders often predict these two catalysts will drive crypto prices up or down in December - a 'Santa Claus rally' and tax loss harvesting.
The two terms are older than cryptocurrency, commonly discussed by stock traders at the end of each financial year. Just how accurate are they for making...
Terra Luna Classic Price Prediction - Can LUNC Hit $3 in Next Bull Market?
27.11.2022
The Terra Luna Classic price prediction is bearish, as the LUNC/USD pair has fallen below $0.000169, a support level extended by an upward trendline. The cryptocurrency market has recently been harsh on investors, with most cryptocurrencies unable to produce gains due to liquidity issues at...
The reason bots dominate crypto gaming? Cash-grubbing developers incentivize them
27.11.2022
Users who have the most ability to profit from the crass profiteering mechanisms are those who use automated systems to “play” the games
Despite 2 Entities Holding 73% of the FTX Token Supply, FTT Price Still Holds Above $1 per Unit
27.11.2022
While a large fraction of crypto assets dropped a great deal in value during the past few weeks and bitcoin is down 18.2% in 30 days, the exchange coin ftx token (FTT) still trades above a U.S. dollar per unit. Moreover, the unknown entity known as the ‘FTX Accounts Drainer,’ still holds the second...