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Bahamas Regulator Appoints ‘Big Four’ Auditor PWC as Joint Provisional FTX Liquidator
15.11.2022
On Nov. 14, 2022, the Securities Commission of the Bahamas (SCB) published a press release that explains the ‘Big Four’ accounting firm PWC (Pricewaterhousecoopers) has been designated as provisional liquidator in the FTX investigation. The SCB detailed that “given the magnitude” of the events...
NY Fed launches 12-week CBDC pilot program with major banks
15.11.2022
Banking giants including BNY Mellon, Citi, U.S. Bank, and Wells Fargo will be issuing tokens and settling transactions through simulated central bank reserves as part of the pilot
Biggest Movers: UNI Hits 1-Week High, XRP 10% Higher
15.11.2022
Uniswap rose to a one-week high in today’s session, as crypto markets seemed to have settled following recent turbulence. The last seven days were filled with increased levels of fear, uncertainty, and doubt in the marketplace, as participants moved to shelter following the FTX collapse....
Bahamas supreme court approves 'provisional liquidators' for FTX
15.11.2022
The Securities Commission of the Bahamas said it had to act "given the magnitude, urgency, and international implications of the unfolding events with regard to FTX."
News Summary: Liquid Suspends Withdrawals, Coinbase Submits Amicus Brief to Support Ripple, Ark Invest Buys 315,259 Shares of GBTC
15.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: News Summary: Liquid Suspends Withdrawals, Coinbase Submits Amicus Brief to Support Ripple, Ark Invest Buys 315,259 Shares...
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...
Bitcoin price hits $17K on US PPI as trader warns of 'final capitulation'
15.11.2022
Plenty of uncertainty about the future remains for the price of Bitcoin amid fresh signs that U.S. inflation is slowing
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...
El Salvador’s Bukele Says FTX Is ‘the Opposite of Bitcoin’
15.11.2022
The President of El Salvador Nayib Bukele has called FTX the “opposite” of bitcoin (BTC). And the leader has equated the exchange’s chief Sam Bankman-Fried with notorious financial criminals like Charles Ponzi and Bernie Madoff.
Bukele has been relatively quiet on all things bitcoin-related...
PlayStation Dives into NFT World with New Patent, Rival XBOX Lags Behind
15.11.2022
A newly published patent suggests that the gaming giant Sony PlayStation may use non-fungible tokens (NFTs) in-game – or at least they’re looking into it. Microsoft’s XBOX, meanwhile, seems to be looking in the opposite direction.
Sony’s patent is titled “US20220358450 - Tracking Unique In-Game...
Sam Bankman-Fried Posts Cryptic Tweet Thread – Has He Been Hacked?
15.11.2022
A strange Twitter thread from FTX co-founder Sam Bankman-Fried is raising eyebrows in the community, with some now wondering if his Twitter account has been hacked. But according to Bankman-Fried himself, he’s just “improvising.”
The thread from the former FTX boss, known in crypto circles simply...
Vantage introduces institutional arm Vantage Connect for UK traders
15.11.2022
Vantage, a supplier of multi-asset trading platforms with headquarters in Sydney, has introduced a new product called Vantage Connect. This product is aimed at an institutional arm and will provide liquidity services for corporate and institutional clients in the United Kingdom. This official debut...
Exchanges delist FTX Token pairs from trading platforms
15.11.2022
Binance, BitMEX and KuCoin have delisted FTX Token pairs from their crypto exchange platforms
Cronos traps under selling pressure: Can CRO recover?
15.11.2022
Cronos is compatible with both Ethereum virtual machines and cosmos-based ecosystems that allow easy porting of smart contracts and decentralized applications. It was launched in 2021 that runs parallel to the Crypto.org blockchain and powers the pay features of this platform. Crypto.com is...
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
XRP price recovers today: Can it overcome weekly losses?
15.11.2022
Crypto enthusiasts were worried about the negative sentiment developed after the FTX liquidity crisis. Many investors were selling out of panic because the situation directly questioned the sustainability of cryptocurrencies over the long term. Binance announced the acquisition of FTX to solve...
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
Dogecoin close to its previous lows: Was DOGE surge temporary?
15.11.2022
The movement of Dogecoin depends on market sentiment. When the market corrected over the news of the FTX liquidity crisis, Dogecoin did not lose its value like many other leading cryptocurrencies. Moreover, it recovered from the lower level sooner than other cryptos. It suggests positive momentum...
Ukraine pro-crypto groups announce Web3 roadmap
15.11.2022
A roadmap proposes the launch of a regulatory sandbox and the creation of a national blockchain-backed realty register
Bitcoin, Ethereum Technical Analysis: BTC Climbs to $17,000 as Weaker USD Overshadows SBF’s Cryptic Tweets
15.11.2022
Bitcoin was trading marginally higher on Nov. 15, as the U.S. dollar continued to weaken, dropping to multi-month lows versus several G7 currencies. The decline of the dollar overshadowed tweets from FTX’s Sam Bankman-Fried, who cryptically tweeted “What happened” to his...