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Report Says Alameda Research ‘Didn’t Trade Crypto,’ Speculators Think SBF’s Political Connections Let FTX Fly Under the Radar
12.11.2022
On Nov. 11, 2022, FTX Trading Ltd. filed a voluntary petition for Chapter 11 bankruptcy protection in Delaware. The news followed a few days of speculation and evidence that had shown the digital currency exchange was likely insolvent. The company’s bankruptcy filing and information concerning...
Biggest Movers: DOGE Surges Following Elon Musk Comments on the Meme Coin
12.11.2022
Dogecoin was one of the only crypto tokens to trade higher on Saturday, as comments from Elon Musk boosted prices. Speaking in a Twitter Spaces centered around the FTX collapse, Musk was heard saying: “Doge to the moon.” Solana on the other hand extended its declines, falling by over 15%....
What is a 51% attack and how to detect it?
12.11.2022
Despite the inordinate amount of resources needed to engineer them, small-cap cryptocurrencies are still susceptible to a 51% attacks
Hackers keeping stolen crypto: What is the long-term solution?
12.11.2022
In the long run, the industry needs to come together and step up its cybersecurity game in a big way rather than seek out such temporary fixes
Bitcoin will shrug off FTX 'black swan' just like Mt. Gox — analysis
12.11.2022
There might not be much new to worry about when it comes to the FTX aftermath and Bitcoin resilience
Bitcoin, Ethereum Technical Analysis: BTC Heads Lower on Saturday, as FTX Saga Continues
12.11.2022
In a week of turbulence, cryptocurrencies maintain this sentiment into the weekend, with both bitcoin and ethereum moving lower. Bitcoin once again slipped below $17,000 on Saturday, as it was reported that a hack on FTX had taken place. Ethereum also moved lower today, as the token remained below...
BudBlockz to unveil the world’s first decentralized cannabis ecommerce platform
12.11.2022
BudBlockz, the new crypto in town, aims to be the first to operate a decentralized cannabis ecommerce platform. The goal is to revolutionize the cannabis industry through blockchain technology. It unites two popular products that have yet to become mainstream: cannabis and cryptocurrency. What...
FTX Reportedly Hacked as Telegram Group Admin Comments on Possible ‘Malware’ Present in Apps, Irregular Fund Movements Registered Onchain
12.11.2022
Admins of the Telegram group of the FTX community stated that the platform had been hacked and all of the funds of the exchange seemed to be gone. FTX U.S. General Counsel Ryne Miller, who reportedly pinned the message in the group, explained he was investigating “abnormalities”...
LBank Announces to Publish an Auditable Merkle Tree and Proof of Reserves (POF)
12.11.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 12th, 2022 – Global crypto exchange, LBank, has recently announced that it will share its Merkle-tree proof-of-reserves, in view of recent concerns about the opaque nature of certain industry issues. LBank gave a public statement on November 9th stating...
These three cryptocurrencies are sure to meet all traders’ dreams soon – Sandbox, Ethereum Classic, and Dogeliens
12.11.2022
Dogeliens (DOGET) and the rest below exist as fine cryptos working on settling in a position where their capability to handle all burning desires of traders is on the high side. Follow through as this piece guides you through a picture of each of the great cryptos below. Sandbox – Making...
Web3 Must Overcome Significant UX Challenges to Reach Mass Adoption
12.11.2022
User experience (UX) design affects nearly every waking moment of our lives. It’s not just digital either. Have you ever thought about the UX of doors? Perhaps a brief refresher of what UX is, will help. A useful definition of UX is as follows: ”A person’s perception and responses that result from...
Cryptocurrency news: Big Eyes continues its impressive run, as Filecoin and PancakeSwap set for 10x increase
12.11.2022
Monitoring the daily events in the cryptosphere increases your chances of making profitable investments. The insights and predictions steer you in the right direction and reduce risk. Filecoin (FIL) and PancakeSwap, alongside the impressive Big Eyes (BIG), emerge as great options for your...
Binance CEO CZ on FTX crash: “We’ve been set back a few years”
12.11.2022
With one of the biggest crypto businesses falling overnight after getting caught misappropriating user funds, CZ believed the episode was devastating for the industry, which took away a lot of consumer confidence
Rich Dad Poor Dad Author Robert Kiyosaki Says BTC Will Bottom at This Price, Not Worried About Crash
12.11.2022
Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, believes Bitcoin may go as low as $10,000 as the dust from the FTX fallout settles.
The sudden collapse of FTX, once the third-largest cryptocurrency exchange, has dragged the entire crypto space into another cycle of fear...
Tons of KuCoin users buy into Toon Finance presale
12.11.2022
KuCoin exchange users are evidently very interested in the upcoming Toon Finance presale. Many people have already bought into the presale. Toon Finance aims to provide a platform where users can invest in digital assets and also earn rewards for doing so. This is a groundbreaking concept that...
Elon Musk Shares Thoughts on FTX Founder Sam Bankman-Fried – This Is What He Said
12.11.2022
Tesla and SpaceX CEO Elon Musk has claimed that he never trusted FTX founder and former CEO Sam Bankman-Fried.
Back in March, when Musk was trying to raise funds in a bid to finance his $44 billion Twitter buyout, Bankman-Fried reached out to the billionaire via intermediaries to express...
FTX Hacked Or Inside Job as Wallets Drained? Warning Not to Use FTX App - What We Know So Far
12.11.2022
Reports began to appear late on Friday night that FTX wallets looked like they were being drained in a series of mysterious transactions.
Watchers concluded that FTX had either been hacked or insiders were making off with client funds in the latest incendiary developments in the FTX collapse....
Latam Based Crypto Exchange Bitso Launches QR Payment Service for Tourists in Argentina
12.11.2022
Bitso, one of the largest cryptocurrency exchanges in Latam, has launched a QR payments program geared towards travelers in Argentina. The service proposal seeks to ease the way in which travelers and tourists make payments in the country, using Bitso’s interoperable QR payment technology...
Tether blacklists $31.4M USDT following FTX's alleged hack, Musk reacts
12.11.2022
Billionaire entrepreneur Elon Musk, who recently purchased Twitter in hopes of unleashing the platform’s full potential, acknowledged Twitter’s contribution in tracking down the FTX developments in real time
Brussels Set to Begin Talks on EU Crypto Tax, Report Reveals
12.11.2022
The European Commission is preparing to discuss with member states the adoption of a common tax regime for crypto assets, European officials have indicated. The talks with national treasuries are expected to start next year with the aim to end the differentiated tax treatment of cryptocurrencies...