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Bitcoin Santa Claus rally, unlikely according to on-chain and derivatives data
15.12.2022
Data suggests that BTC’s rally to $18,300 is the only Santa Claus rally Bitcoin will see before the year ends
Dutch Central Bank Says Crypto Exchange KuCoin Is Operating Without a License in Netherlands
15.12.2022
De Nederlandsche Bank said KuCoin lacks a “legal registration” with the central bank
Amber Group acquires cryptocurrency platform Sparrow exchange: report
15.12.2022
The news comes after Amber Group reportedly pulled back expansion plans due to financial exposure in the FTX collapse
Report: Crypto Exchange Gemini Suffers From Data Breach, 5.7 Million Emails Allegedly Leaked
15.12.2022
According to a recent report, the cryptocurrency exchange Gemini suffered from a breach of data and reportedly 5.7 million emails were leaked. While Gemini has stated “some Gemini customers have recently been the target of phishing campaigns,” the exchange insisted that “no Gemini account...
Shark Tank Star Kevin O’Leary Slams Binance, Says the Exchange Caused FTX to Collapse on Purpose
15.12.2022
Well-known Shark Tank investor Kevin O’Leary slammed Binance in comments given during a Senate hearing on Wednesday, saying a “war” between FTX and Binance ultimately caused FTX’s collapse.
During the hearing, Kevin O’Leary said Binance and FTX were “at war with each other and one put the other...
CryptoQuant: On-Chain Data Shows Crypto Exchange Binance Isn't Exhibiting ‘FTX-Like’ Behavior
15.12.2022
A report from the analytics firm says the exchange is almost entirely collateralized and diversified away from its proprietary token
Time for Serious Global Crypto Regulation, Germany Says
15.12.2022
Germany’s financial watchdog has issued a call for global regulation of the crypto industry in the aftermath of the FTX collapse. The hands-off approach was wrong, the head of the agency says, insisting it’s time to protect consumers as the sector expands links with traditional finance. Bafin...
Kevin O’Leary Tells US Lawmakers FTX Failed Because Binance Intentionally Killed It
15.12.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has told U.S. Congress that he believes the collapsed crypto exchange FTX failed because rival Binance intentionally put it out of business. He said former FTX CEO Sam Bankman-Fried (SBF) told him that Binance, which owned a 20% equity stake...
Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead
15.12.2022
Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry is facing challenges after high-profile bankruptcies and amid tightening regulations....
Here is why Bitcoin price gave back all its intraday gains
14.12.2022
BTC price retraced the entirety of its intraday gains after Fed chair Jerome Powell issued hawkish statements in relation to today’s 0.50% interest rate hike
Will FTX’s ill wind reach the Global South? Maybe not
14.12.2022
In Latin America, "crypto is functional, it has a real utility." It can hedge inflation, provide access to dollars and internationalize wealth
As DEXs struggle, new approaches kindle hope
14.12.2022
Despite their popularity, DEXs have a number of drawbacks that may be preventing growth. A new approach, however, has offered a way forward
Binance Founder ‘CZ’ Insists We Can Trust His Crypto Exchange – but Can We?
14.12.2022
After the arrest of FTX founder Sam Bankman-Fried, some users fear that exchange behemoth Binance will be the next crypto domino to fall
Alameda had 'unfair' trading advantage, special access to FTX funds: CFTC filing
14.12.2022
CFTC court filing outlines a murky relationship between FTX and Alameda Research, highlighting the latter’s unfair trading advantage and misappropriation of user funds
This City Wants to Launch a Crypto Exchange by the End of 2023 – Here’s How
14.12.2022
Busan, South Korea, has revealed details of its plan to become the first city in the world to launch and operate a crypto exchange. The city says it hopes to welcome its first crypto-trading customers by the end of 2023.
The city was granted a special status – a regulation-free blockchain zone...
Argo Blockchain Plc requests the restoration of Trading on the London Stock Exchange
14.12.2022
Argo Blockchain plc happens to be a company actively engaged in activities related to cryptocurrency mining. At this point, the company has reached out and made an earnest enough appeal to the UK Financial Conduct Authority to once again restore the listing of its ordinary shares. In their opinion...
Bitso Partners With Felix Pago to Offer Whatsapp-Based Remittance Services Between Mexico and US
14.12.2022
Bitso, a Latam-focused cryptocurrency exchange, has partnered with chat-based payments provider Felix Pagos in order to offer Whatsapp-integrated remittances. The objective of this partnership is to put nearly instant chat-based remittances in the hands of Mexican and US users that might...
US Lawmaker Calls on SEC Chair Gensler to Testify About His Crypto Regulatory Failures
14.12.2022
U.S. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to testify before Congress and “answer questions about the cost of his regulatory failures.” The lawmaker stressed: “Gensler has repeatedly dodged Congress at...
Crypto community members discuss Bank-run on Binance
13.12.2022
According to CEO Changpeng “CZ” Zhao, Binance has seen outflows of an estimated $1.14B from its exchange
Binance net withdrawals topped $3.6B over the last 7 days: Report
13.12.2022
The sudden uptick in outflows may have been caused by market makers leaving the exchange