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New CEO Says FTX Is the Worst Case of Corporate Failure With Untrustworthy Financial Data and Unacceptable Practices
18.11.2022
The new CEO of FTX, appointed after the crypto exchange filed for bankruptcy, has blasted the company under former CEO Sam Bankman-Fried. “Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred...
Crypto industry was ‘judge, jury and executioner’ for FTX: Pompliano
18.11.2022
The crypto investor and Bitcoin bull said that in crypto, market forces tend to eliminate bad people as quickly as bad businesses
Voxel Crazy Head and Metaspace․game Represent a Combination of Reality, Game Development, and High Technology
18.11.2022
PRESS RELEASE. Voxel Crazy Head and Metaspace.game invite users to create their own avatars and take part in a thrilling metaverse adventure. What Is Voxel Crazy Head? Voxel Crazy Head is a blockchain-based collection of 10,000 unique NFT heads that also function as keys to the metaverse. The voxel...
FTX will be the last giant to fall this cycle: Hedge fund co-founder
18.11.2022
This bear market has seen the collapse of Celsius, Three Arrows Capital, Voyager, and now FTX, but the worst is likely over, a hedge fund executive suggests
El Salvador to Buy Bitcoin Every Day Starting Tomorrow, President Says
18.11.2022
El Salvador will start buying bitcoin every day, according to Salvadoran President Nayib Bukele. Since adopting the cryptocurrency as legal tender, El Salvador has bought about 2,381 bitcoins for its treasury. El Salvador to Buy Bitcoin Every Day The president of El Salvador, Nayib Bukele...
Nvidia Chipmaker Crypto-Related Revenue Beat Expectations Despite Bear Market
18.11.2022
The crypto related revenue for the major chipmaker Nvidia reached $5.93bn in revenue for the third quarter. The figure was higher than expected, despite a slump in demand from both crypto miners and gamers.
According to the company’s latest earnings report, Nividia’s total revenue for the third...
US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX
17.11.2022
Two crypto-unfriendly Democratic senators have sent a letter to the executives with a list of detailed and penetrating questions about the behavior of Bankman-Fried and his businesses
The CFTC could prevent the next FTX with some congressional help
17.11.2022
The Commodity Futures Trading Commission should be responsible for preventing companies like FTX from taking root in the future
Jump Crypto denies rumors that it intends to wind down due to FTX losses
17.11.2022
According to Jump Crypto, they believe they are “one of the most well-capitalized and liquid firms in crypto.”
FTX Latest - Crypto Prices Stable as New CEO Condemns 'Complete Failure'. Here's the Shocking Mismanagement Laid Bare
17.11.2022
New FTX CEO John Ray reveals today in a court declaration “the complete failure of corporate controls” at bankrupt crypto exchange FTX.
FTX CEO John Ray lays bare the enormity of the task he faces in finding and securing the property of the debtors as the liquidators seek to unravel the governance...
Apple Could Be Developing Its Own Metaverse Platform
17.11.2022
Tech and communications giant Apple might be developing its own metaverse, recently posting several job offerings in the fields of virtual reality (VR) and augmented reality (AR). One of the job listings calls explicitly for engineers experienced in the development of a “3D mixed-reality...
$600M in Bitcoin options expire on Friday, giving bears reason to pin BTC under $16K
17.11.2022
Bears are better positioned for Friday’s $600 million BTC options expiry, but bulls can flip the tables if Bitcoin price trades above $18,000
How a single strategy crypto algorithm gained 176.31% while Bitcoin tanked 65% in 2022
17.11.2022
Warren Buffett said that “What we learn from history is that people don’t learn from history.” Crypto traders can change that
Terra Luna Audit Results: 80,000 Bitcoin Worth $2.8 Billion Used to Defend Peg – Here’s What You Need to Know
17.11.2022
Terra (LUNA) founder Do Kwon and the Luna Foundation Guard (LFG) spent as much as 80,000 bitcoin, worth a whopping $2.8bn, to defend the algorithmic stablecoin UST’s dollar peg, a new audit report has revealed.
The newly revealed numbers were shared by Do Kwon himself in a Twitter thread...
FTX and Alameda likely colluded from the very beginning: Report
17.11.2022
Researchers at Nansen concluded that at least 86% of all FTT tokens were initially controlled by Alameda or FTX
Regulator Halts Trading of FTX Tokens in Indonesia
17.11.2022
The agency overseeing Indonesia’s crypto market has stopped the trading of FTX tokens on domestic platforms. The announcement comes after FTX, the exchange that issued the FTT token, filed for bankruptcy in the United States and was subjected to investigations by regulatory bodies around the world....
Whales Believe These 3 Coins Have Potential to 25x By 2023 – What Do They Know?
17.11.2022
Towards the end of the year, crypto investors may want to take stock of their portfolios and rebalance to take advantage of future gains. This article will examine some of these digital assets and the fundamentals that could support their price surges. ...
Read More: Whales Believe These 3 Coins...
Fed paper looks at theoretical role of remuneration, convenience in CBDC design
17.11.2022
The discussion paper reviews the literature on the impact of CBDCs in large, developed economies and draws some conclusions and specific design elements
Best Cryptos to Buy Now 17 November – D2T, TWT, TARO, CHZ, RIA
17.11.2022
The untimely collapse of FTX and its sister company Alameda has had far-reaching implications on the cryptocurrency market. As investors go back on the drawing board, they may consider assets like Dash 2 Trade (D2T), Trust Wallet (TWT), RobotEra (TARO), Chiliz (CHZ) and Calvaria (RIA). These crypto...
CME Bitcoin futures trade at a discount, but is that a good or a bad thing?
17.11.2022
CME Bitcoin futures briefly traded at a 5% discount, alarming analysts, but what does it mean for BTC price?