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Law Decoded, Nov. 7–14: How regulators reacted to the FTX crash
15.11.2022
While some lawmakers expressed their eagerness to quick up the regulatory progress, others blamed the SEC in FTX's monopoly
Defunct Billion-Dollar Crypto Hedge Fund Three Arrows Capital Speaks Out, Blames Collapse on FTX
15.11.2022
Kyle Davies, founder of the collapsed crypto fund Three Arrows Capital (3AC), has lashed out at FTX, claiming that the exchange hunted their positions during the LUNA collapse.
Speaking on the fallout of crypto exchange FTX and its trading arm Alameda Research, Davies said the firms were also...
Billionaire Mark Cuban Still Believes in Crypto Despite Price Crash, Compares to Early Days of Internet
15.11.2022
Despite the ongoing crypto market downturn which was further intensified by crypto exchange FTX’s collapse, many seasoned investors demonstrate their firm belief in crypto, with the Dallas Mavericks owner Mark Cuban declaring he is convinced the technology’s utility related to smart contracts could...
BTC losses get real as Bitcoin SOPR metric hits lowest since March 2020
15.11.2022
Sale price versus price paid diverges the most in over two years — since the last Bitcoin "black swan" event
Crypto Twitter unhappy with SBF 'puff piece' pushed by mainstream media
15.11.2022
While SBF refuses to interact with Crypto Twitter, the same community he once called home, he was featured in New York Times trying to explain the sequence of events that led to the fall of FTX
Frutti Dino forms merger with Chainlink VRF
15.11.2022
There has been a successful merger between the Frutti Dino, a 3D game project developed by Monoverse, with the Chainlink Verifiable Random Function (VRF) system. This has been placed successfully on the BNB Chain mainnet. Consequently, the VRF is a top-tier decentralized oracle-based network. This...
Poloniex launches the lowest futures trading fees in the industry
15.11.2022
Global cryptocurrency exchange Poloniex has optimized the payment system for USDT-collateralized perpetual contracts to give buyers the lowest fees available. As of today, all customers who trade USDT-collateralized perpetual contracts on Poloniex will pay Maker and Taker fees of 0.01% and 0.04%...
Onchain Data Reveals Alameda Acquired Specific Tokens a Month Before FTX Listings
15.11.2022
According to a report stemming from the blockchain analytics firm Argus, Sam Bankman-Fried’s trading firm Alameda Research obtained tokens ahead of FTX.com listings. The report claims that Alameda acquired roughly $60 million worth of tokens before the digital assets were scheduled to...
World population reaches 8 billion, but how many are in crypto?
15.11.2022
The United Nations tipped the global population to tick over to 8 billion on Nov. 15, while the next billion isn’t coming for another 15 years
Huobi Becomes Latest Crypto Exchange to Disclose Proof-of-Reserves
15.11.2022
Huobi, the Seychelles-based crypto exchange, recently became the latest digital asset exchange platform to reveal the number as well as the value of its digital assets held in reserves. Huobi has said disclosing the assets held in reserves helps to boost users’ confidence in the exchange...
Sam Bankman-Fried's weird, cryptic tweets attract even wilder theories
15.11.2022
A series of strange tweets by former FTX CEO Sam Bankman-Fried caused widespread speculation on Twitter, but he claims he’s “improvising” and “making it up as I go.”
BlockFi expresses its anguish regarding FTX’s bankruptcy
15.11.2022
BlockFi has gone the extra mile and made a public announcement regarding its sheer anguish. This is in reference to how the negative situation at FTX appears to be having a terrible impact on all of its clients. This is their method of reaching out to their customers in an attempt to get them...
These Coins Have Been Rallying During the FTX Crypto Crash – Here’s Why
15.11.2022
Cryptocurrency prices plummeted amid reports of FTX's bankruptcy. During the last week, there was a precipitous drop in cryptocurrency prices after news broke that FTX had filed for bankruptcy. As a result, numerous crypto firms are now unstable, and broad skepticism of the technology has been...
FTX collapse could see crypto sector layoffs accelerate
15.11.2022
While the full impact of FTX’s collapse is still unfolding, some have already warned of an increase in layoffs to come “in the months to follow.”
Nifty News: Nike unveils NFT platform, Steve Jobs' sandals sell for $200K and more
15.11.2022
A one-of-a-kind NFT of the Birkenstocks sandals worn by Apple co-founder Steve Jobs at various times during his life has sold for over $200,000
Bitcoin Price and Ethereum Hold Strong, Cronos Pumps 25%
15.11.2022
On November 15, Bitcoin bounced off a support level of $15,800 along with resistance near $17,150, gaining more than 5%. On the other hand, Ethereum, the second-most valuable cryptocurrency, has recovered over 6% in the last 24 hours to trade at $1,257....
Read More: Bitcoin Price and Ethereum Hold...
Visa Terminates Agreements With Bankrupt Crypto Exchange FTX
15.11.2022
Visa has reportedly terminated its global agreements with collapsed cryptocurrency exchange FTX and its U.S. arm, FTX US. The payments giant added that FTX’s “U.S. debit card program is being wound down by their issuer.” Visa Ends Agreements With FTX Visa Inc., the world’s...
Will Edward Snowden's New Bitcoin Price Prediction Be Accurate Again
15.11.2022
On Monday Edward Snowden tweeted 'for the first time in a while I'm starting to feel the itch to scale back in' with the Bitcoin price around $16,500.
The former NSA and CIA agent added one caveat: 'There's still a lot of trouble ahead.'
The Bitcoin price did rally in the hours following...
Apple job listings and patents hint at foray into ‘3D mixed-reality world’
15.11.2022
A “mixed-reality world” by Apple could be fast approaching as recent job openings show the tech giant is hiring a number of engineers with AR and VR experience
Binance CEO urges crypto buyers to 'hold' amid 'unpredictableness'
15.11.2022
Binance CEO Changpeng Zhao (CZ) said people should invest in crypto if they're using "cash that you don't need for a long time" as the market sees high volatility amid FTX's fallout