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Report: Nigerian Central Bank Spent Over $1.8 Billion Managing Local Currency
30.12.2022
During her appearance before Nigerian lawmakers, Aisha Ahmad, the deputy governor of the Central Bank of Nigeria (CBN), told lawmakers that out of the nearly $1.8 billion used to manage the local currency, over 90% of this total was reportedly used to fund expenses associated with the production...
Making Comprehensive Crypto Policy Out of Regulatory Patchwork
29.12.2022
Suggestions that the CFTC is the crypto industry’s “regulator of choice” and more susceptible to capture do not hold up, according to former CFTC Director of Enforcement Aitan Goelman
Judge pulls out of SBF-FTX case citing husband's law firm's advisory link
24.12.2022
Judge Abrams’ withdrawal from the FTX case eradicates any conflict of interest in the FTX case because Andres continues to serve as a partner at Davis Polk & Wardwell, a law firm that advised FTX in 2021
Game Awards Photoshops Bill Clinton Kid Out Of Elden Ring Speech
22.12.2022
The 2022 Game Awards ended with a random kid sneaking up on stage and muttering nonsense about “reformed Rabbi Bill Clinton.” The 2022 Game Awards is now, understandably, trying to pretend that never happened, blurring the kid out of a picture celebrating Elden Ring developer FromSoftware’s second...
Three Countries Account for Nearly Two-Thirds of Africa’s Crypto Holders — Study
21.12.2022
According to a new study, out of the estimated 55.3 million cryptocurrency holders that are spread among 33 African countries, three countries — Nigeria, South Africa, and Kenya — account for approximately 36.14 million or nearly two-thirds of this total. In contrast, the study found that...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate as Markets Prepare for Christmas Break
19.12.2022
Bitcoin continued to consolidate to start the week, as market volatility remained in place ahead of the Christmas holidays. The world’s largest cryptocurrency remained below $17,000 on Monday, as price attempted to break out of a key resistance level. Ethereum was below $1,200 on Monday....
Riot Games Trying To Get Out Of Terrible Crypto Sponsorship Deal
19.12.2022
Back in August 2021, Riot Games—the developers of League of Legends—signed a sponsorship deal worth tens of millions of dollars with cryptocurrency exchange FTX. You know, the exchange that is now bankrupt, with its founder arrested and facing serious fraud and money laundering charges.Read more
Capgemini: Nine out of Ten Consumers Interested in the Metaverse
17.12.2022
A report issued by Capgemini, a consulting firm, has found that most consumers are at least curious about the metaverse and what it might bring to their lives. The report, which also examined consumer and company expectations of immersive experiences, explains that many are already taking advantage...
Kevin O’Leary Tells US Lawmakers FTX Failed Because Binance Intentionally Killed It
15.12.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has told U.S. Congress that he believes the collapsed crypto exchange FTX failed because rival Binance intentionally put it out of business. He said former FTX CEO Sam Bankman-Fried (SBF) told him that Binance, which owned a 20% equity stake...
Binance 'put FTX out of business' — Kevin O'Leary
14.12.2022
A US Senate committee heard details of the investor's conversations with Sam Bankman Fried before the collapse
Will Bitcoin (BTC) break out of the $17K mark?
14.12.2022
Bitcoin is a leading decentralized payment protocol with the highest market cap in the crypto industry. At the time of writing this post, BTC USD is trading below $18K, and it is one such cryptocurrency that has yet to regain the previous support after the fall of the FTX liquidity crisis in...
US DOJ reportedly investigating FTX CEO for siphoning funds out of the US
10.12.2022
The anonymous informant revealed that DOJ officials met with FTX’s court-appointed overseers to discuss the scope of the information they need for further investigation
ETH Price to Fall to $922 by December 10, Coincodex Predicts
8.12.2022
The U.S. dollar price of ether, which presently hovers around $1,200, is expected to fall to $922.66 by Dec. 10, a Coincodex prediction chart has shown. Ethereum is nonetheless projected to close the following day trading above $1,000. According to the Coincodex analysis, there are presently...
Mad Money’s Jim Cramer Advises Investors to Get out of Crypto — Says ‘It’s Never Too Late to Sell’
8.12.2022
The host of Mad Money, Jim Cramer, has advised investors to sell their crypto, emphasizing that “it’s never too late to sell an awful position.” Regarding FTX, Cramer predicted that the collapsed trading platform “won’t be the last of these crypto exchanges to...
This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume
5.12.2022
On Monday, Dec. 5, 2022, market data shows that non-fungible token (NFT) sales dropped 5.23% lower than last week’s sales despite a 15.16% increase in NFT buyers. Out of the $112.70 million in NFT sales volume over the last week, Ethereum-based NFTs accounted for $86.59 million or 76.8% of the $112...
A Rookie Knocks Reddit’s NFT Marketplace Out of the Park
5.12.2022
In the three months since Reddit launched r/NFTsMarketplace, more users have opened wallets than all the users on top NFT marketplace OpenSea. That’s why Reddit’s new Chief Product Officer Pali Bhat is one of CoinDesk’s Most Influential 2022
Very Good Air Horn Bug Has Sadly Been Patched Out Of Spider-Man: Miles Morales
5.12.2022
For the past week or so, some folks playing Spider-Man: Miles Morales on the PC have been encountering a bug that, at the end of the game’s dialogue sequences, would just go ahead and play a honking loud air horn.Read more
The Crypto 6 Case Heads to Trial With Only 1 Defendant Left, Prosecutor’s So-Called ‘Expert’ Excluded
4.12.2022
On Dec. 6, 2022, the “Crypto Six” case will be heading to trial, and out of all six defendants, only Ian Freeman, co-host of the radio broadcast Free Talk Live, has not accepted a plea bargain. According to the most recent hearing, Freeman’s legal counsel filed a Daubert motion, which aims...
‘Big Short’ Investor Michael Burry Warns of Extended Multi-Year Recession in US
2.12.2022
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned about “an extended multi-year recession” in the U.S. He believes there isn’t a strategy to pull us out of “this real recession.” Michael Burry’s Recession Warning Famous...
Socios boss’ goal? To knock crypto out of the park
1.12.2022