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Evercity on Hedera connects to regenerative finance


Evercity, a platform for green finance and carbon origination, is headquartered in Berlin, Germany. It was also involved in the construction and maintenance of an open-source protocol that could be maintained for financial problems. Presently,  it has successfully positioned itself on the Hedera...

Most of FTX Legal Team Depart as Exchange Collapses


An issue that seems to have massively contributed to major crypto exchange Binance’s decision not to acquire FTX is that a significant part of the latter’s team went for the exit. According to Semafor, citing people familiar with the matter, “Most of FTX’s legal and compliance staff quit Tuesday...

XRP Price Prediction – XRP Drops 20%, Can it Fall to $0.10?


The XRP price has fallen by 2% in the past day and by 20% in the past week, as the fallout from FTX's apparent insolvency continues to wreak havoc on the cryptocurrency market. The altcoin is also down by 27% in the past month, with the downturn of the past few days all-but erasing gains it...

Crypto Price Crash Update: Why Did FTX Fall? – Here’s What We Know Now


Earlier this week, speculations around the liquidity crunch at FTX sent shock waves across the entire crypto industry. The news that Binance could potentially purchase FTX slightly saved the day, but when the exchange backed out of the deal yesterday, cryptocurrency prices went into a free...

Why Crypto Prices Are Still Crashing and Will The Bleeding Stop Soon?


Crypto prices continue to crash after Binance pulled the plug on its proposed acquisition of FTX and the troubled exchange said it was facing bankruptcy unless it could raise $4 billion.   Meanwhile, the bitcoin price fell to as low as  $15,597, but has since recovered 3.5% to trade at $16,350....

Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low


Just a few days after plummeting to its worst exchange rate against the U.S. dollar ever, the Nigerian currency was trading at around 820 units for every dollar on Nov. 8, a report has said. An economist has suggested that the Central Bank of Nigeria’s controversial currency plan is unlikely...

Russian Central Bank Still Saying No to Use of Crypto in Settlements


Russia’s Central Bank has thrown another spanner into the crypto adoption plans of the nation’s pro-business Ministry of Finance – by saying it still opposes the use of coins in settlements and “accounting” scenarios.... Read More: Russian Central Bank Still Saying No to Use of Crypto in Settlements

OpenSea to carry on charging creator fees for NFT collections


OpenSea, the most successful NFT marketplace in terms of volume, has stated that it will continue to enforce creator fees on its platform for any collections that are already in existence. This signifies that the creators of NFT collections currently trading on OpenSea will be allowed to continue...

Queen Maxima of Netherlands Sees Multiple Benefits of Digital Euro


Queen Maxima of the Netherlands has outlined multiple benefits central bank digital currencies (CBDCs) could bring, particularly in the area of financial inclusion. “Governments could use a digital euro to channel financial support to low-income households. This would deepen longer-term...

Bitcoin Price and Ethereum Prediction, Binance Backs Out of FTX Rescue


The cryptocurrency market continues to experience a massive downtrend. The global crypto market cap fell over 11% to $809 billion the previous day, sending major cryptocurrencies into the red on early November 10. Over the last 24 hours, the entire crypto market volume plummeted 11% to $189...

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