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Ukraine’s Cyberpolice Expose Members of Crypto Fraud Scheme Making €200 Million a Year
14.11.2022
A report shows Ukrainian Cyberpolice identified members of a group that defrauded people around the world through fake crypto investment offers. The criminal organization maintained offices and customer service centers with thousands of employees in a number of European countries. Cyberpolice...
Binance creates industry recovery fund to help projects struggling with liquidity
14.11.2022
Binance CEO Changpeng Zhao clarified that the project is for other potentially strong projects and not FTX, saying that “liars or fraud” would never qualify
Bitcoin Price and Ethereum Prediction, Solana Pumps 4%, Can We Expect More?
14.11.2022
Bitcoin is down nearly 20% in seven days to trade at $16,789 as a result of the FTX bankruptcy, which has caused market chaos and risk-off sentiment. Ethereum, the second-most valuable cryptocurrency, on the other hand, has plunged over 20% in the last seven days to trade at $1,252.20....
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Toon Finance – Another Ethereum DEX
14.11.2022
The previous several years have tested the validity of one of the use cases for blockchain-based technology, which has long been regarded as gaming. Play-to-earn is undoubtedly the trend that most people had their eyes on among the many that we witnessed during the previous bull market. The Toon...
Manhattan District Attorney Freezes $1.3 Million in Crypto — Seeks to Return Funds to Fraud Victims
14.11.2022
Manhattan District Attorney (DA)’s Office has frozen more than $1.3 million in cryptocurrency “during fraud investigations conducted over the past ten months.” The authority said: “We are returning that money to the victims of these schemes — while raising awareness...
Rocketize targets top spot in the crypto market like Shiba Inu and Aave
14.11.2022
Shiba Inu (SHIB) and Aave (AAVE) are among the top 50 tokens in the cryptocurrency market. They have a significant community of enthusiasts and offer market-relevant features. Presently, the new cryptocurrency Rocketize (JATO) intends to emulate their success. Rocketize is still developing but aims...
US lawmaker blames 'billionaire crypto bros' for delayed legislation
14.11.2022
The collapse of FTX has raised alarm bells across Washington D.C
Elon freed the birds and let the DOGE’s out – Big Eyes Coin & Dogecoin
14.11.2022
As time goes on, the idea for a meme coin has gained more and more respect and adoration among the cryptocurrency community. Dogecoin was the first widely adopted joke money, although investors were not very interested in the meme cryptocurrency owing to its volatility and dearth of uses. There...
Elon freed the birds and let the DOGE’s out – Big Eyes Coin & Dogecoin
14.11.2022
As time goes on, the idea for a meme coin has gained more and more respect and adoration among the cryptocurrency community. Dogecoin was the first widely adopted joke money, although investors were not very interested in the meme cryptocurrency owing to its volatility and dearth of uses. There...
AAX reiterates withdrawal halt is unrelated to FTX contagion
14.11.2022
In a previous post on Twitter, the AAX exchange said it has no financial exposure to FTX and its affiliates
Binance CEO Likens FTX Fiasco to 2008 Financial Crisis — Warns of ‘Cascading Effects’
14.11.2022
Binance CEO Changpeng Zhao has compared the FTX collapse to the 2008 financial crisis. Warning of “cascading effects,” he stressed: “A lot of consumer confidence is shaken, and I think basically it sets us back a few years.” Binance’s CEO Discusses the Impact...
Exchange outflows hit historic highs as Bitcoin investors self-custody
14.11.2022
Confidence in centralized exchanges appears to be waning as Bitcoin flows into self-custody wallets at near-record levels
Conflicting Reports Emerge About SEC Helping Bankrupt Crypto Exchange FTX With Legal Loopholes
14.11.2022
The U.S. Securities and Exchange Commission (SEC) reportedly met with crypto exchange FTX and former CEO Sam Bankman-Fried several times before the crypto firm filed for bankruptcy. SEC Chairman Gary Gensler was rumored to be helping FTX with legal loopholes. However, a new report indicates...
CZ and Saylor urge for crypto self-custody amid increasing uncertainty
14.11.2022
Binance CEO Changpeng Zhao said self-custody is a “fundamental human right,” while Michael Saylor said self-custody is necessary to prevent powerful actors from accumulating and abusing power
Crypto exchange Kraken freezes accounts related to FTX and Alameda
14.11.2022
Kraken said it froze account access to certain funds “we suspect to be associated with ‘fraud, negligence or misconduct’ related to FTX.”
Payments company Curve bids for BlockFi's 87,000 credit card customers
14.11.2022
A Curve spokesperson has confirmed they have been in negotiations to acquire BlockFi's credit card program's customers since Nov. 12
Ark Invest CEO Warns Fed’s Actions Could Lead to 1929-Like Great Depression — Elon Musk Agrees
14.11.2022
The CEO of investment management firm Ark Invest has warned that if the Federal Reserve does not pivot, the current economic setup will be similar to 1929 when the Great Depression started. Tesla CEO and Twitter chief Elon Musk agreed. The Fed, Inflation, and the Great Depression Ark Invest...
Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo
14.11.2022
The CEO of cryptocurrency exchange Kraken has outlined the impact of FTX’s failure on the crypto industry. After listing multiple red flags, the executive stressed: “The damage here is huge … We’re going to be working to undo this for years.” Crypto Exchange...
CrossTower revises new offer for Voyager's assets after FTX's bankruptcy
13.11.2022
Voyager reopened its bidding process after FTX US, the original winner, filed for bankruptcy on Nov. 11
Developers could have prevented crypto's 2022 hacks if they took basic security measures
13.11.2022
Crypto doesn’t need reversible transactions. It needs real-time threat monitoring and more audits