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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
Bank of Russia Sets Out to Regulate Digital Asset Taxation, Exchange, Still Opposed to Crypto
13.11.2022
The Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top management has reiterated. The monetary authority is now working on a set of regulatory proposals that will be submitted to parliament by the end of the year....
Royal Bahamas Police Force Reveals FTX Is Being Investigated for ‘Criminal Misconduct’
13.11.2022
“A team of financial investigators” are currently investigating the now-defunct crypto exchange FTX, the Royal Bahamas Police Force said in a statement shared on Sunday. The police noted that the financial investigators were searching to see if “any criminal misconduct occurred.” Bahamas...
FTX under investigation in the Bahamas for criminal misconduct - Report
13.11.2022
The Bahamas securities regulator and financial investigators are reportedly investigating the collapsed crypto exchange
FTX Hack and Balance Sheet Mystery – Crypto Prices Weak As Up to $2 Billion of Client Funds Missing. Where is SBF?
13.11.2022
Aside from losses resulting from the FTX hack, the bankrupt exchange is apparently unable to account for $1 billion to $2 billion of client funds, say people familiar with the matter, and its balance sheet shows liabilities of $8,859 million against assets of just $899 million. ...
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SBF’s ‘Truly Trustless’ Protocol — Serum’s Upgrade Authority May Be Tainted, Devs Look to Fork Project
13.11.2022
According to Solana’s founder, Anatoly Yakovenko, Serum developers are forking the platform because the “upgrade key to the current one is compromised.” Serum, created by FTX’s Sam Bankman-Fried (SBF), was touted as “completely permissionless,” but now that...
A Large Number of Imaginary One NFT Holders Buy Toon Finance
13.11.2022
If you are looking for unique NFTs in the market, you may have heard about the Imaginary One NFTs. They have been in talks due to their 3D NFTs, something new in the market. However, the Toon Finance presale gathered the attention of various other NFT holders, and Imaginary One NFT holders were...
Liquidity hub Serum forked by developers after FTX hack
13.11.2022
SRM and MSRM tokens and fees discounts were not changed and were working as before, said developers
FTX Contract Deployer Unlocks 192 Million FTT, Exchange Token’s Questionable Tokenomics Highlights Red Flags
13.11.2022
Following the collapse of FTX and the exchange filing bankruptcy on Nov. 11, the trading platform’s exchange token called ftx (FTT) has shed 91.6% in value during the last seven days. While the FTT token’s utility is based entirely on the backing of the now-bankrupt FTX and Alameda...
Crypto.com Sends $400 Million Worth of Ethereum to Wrong Address, Binance CEO Warns Users to Stay Away
13.11.2022
Cryptocurrency exchange Crypto.com mistakenly sent 320,000 ETH to a wallet address linked to Gate.io in late October. While the platform has since recovered the assets, Binance CEO Changpeng Zhao advised users that it is best they stay away from the platform. ...
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How to build a Bitcoin Beach: Advice from the pros
13.11.2022
Founders of Bitcoin Beach El Salavdor, Bitcoin Ekasi in South africa, Dakar Bitcoin Days in Senegal and Global Bitcoin Fest shed light on building Bitcoin communities around the world
Crypto Exchange Kraken Freezes Accounts of FTX, Alameda Research, Their Executives
13.11.2022
Crypto exchange Kraken has frozen a handful of accounts owned by the bankrupt FTX Group, Alameda Research, and their executives. Kraken has been in contact with law enforcement after discovering that an account on its platform was used in connection with unauthorized transfers at FTX. Kraken...
What is a Helium miner and how does it work?
13.11.2022
A wireless device called a hotspot, or helium miner, uses radio technologies for HNT minting and rewards HNT tokens for providing coverage
The Mysterious FTX Debacle, Tim Draper’s BTC Price Prediction, More Support for Ripple in SEC Lawsuit — Week in Review
13.11.2022
As theories proliferate wildly about the true nature of what happened to failed crypto exchange FTX, little is yet clear to the crypto community. Former CEO of FTX Sam Bankman-Fried has addressed the issue publicly on social media, mentioning a mysterious “sparring partner.” This...
$3 billion in Bitcoin left exchanges this week amid FTX contagion fears
13.11.2022
It appears that more investors are choosing to self-custody their BTC funds in the wake of the FTX scandal and fallout
Hong Kong to avoid FTX-like scenario through transparency and supervision
13.11.2022
Financial Secretary Paul Chan highlighted the importance of being “steady and cautious” when promoting the development of the virtual asset industry in Hong Kong