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SBF met with Biden's senior advisors 2 months before FTX collapse: Report
30.12.2022
The FTX founder met with senior White House officials at least four times in 2022
Silver and Gold — Precious Metals Stored Value This Year Outperforming Crypto Assets in 2022
26.12.2022
Gold prices are ending the year a hair below the values recorded 12 months ago. Statistics on Dec. 26, 2021, show the U.S. dollar value per ounce of gold was $1,810 per unit, and today gold is $1,797 per ounce. Silver, on the other hand, managed to increase a hair in value since last year, […]
Privacy Coins Take a Beating This Year Losing Over $6 Billion, Anonymity Takes a Back Seat to Defi, NFTs
24.12.2022
The last 12 months have been tough on digital currency investors as the crypto winter has caused a large sum of value to leave the once-bustling economy. The privacy coin economy, for instance, shed more than 55% against the U.S. dollar as it dropped from $11.7 billion in Jan. 2022 to the current...
Square Enix Abandons Its Chocobo Racing Game Just 9 Months After Launch
22.12.2022
A game not included on our list of major 2022 games that died this year was Square Enix’s kart racer, Chocobo GP. There’s a reason for that, as it will remain playable for the foreseeable future. However, as Square Enix announced on December 21, the game is effectively dead now since “no further...
2022’s Market Review: Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse
21.12.2022
2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it has lost more than 63% in value year-to-date, while the second leading crypto asset ethereum shed...
Biggest Movers: ETC Moves Away From Multi-Month Lows, as XMR Extends Recent Gains
21.12.2022
Ethereum classic rallied for a second straight session on Wednesday, following better-than-expected U.S. consumer confidence data. The figures showed that confidence among American consumers rose to the highest level in eight months, with a reading of 108.3. Monero was also higher on the news,...
Ghanaian Cedi Appreciates by More Than 30% in 4 Days — Currency Recovery Follows IMF Loan Announcement
18.12.2022
Just a few months after it became the world’s worst-performing currency, the Ghanaian cedi’s exchange rate versus the U.S. dollar bounced back from just over 14 units per dollar on Dec. 1, to 8 units for every dollar by Dec. 16, new data has shown. The currency’s resurgence...
Bitcoin, Ethereum Technical Analysis: BTC Falls From 5-Week High as Traders Continue to Digest Fed Decision
15.12.2022
Bitcoin fell from a five-week high on Thursday, as markets continued to react to the latest Federal Reserve interest rate decision. The U.S. Fed moved to increase interest rates by 50 basis points as expected, whilst also laying the ground for a slower pace of hikes in coming months. Ethereum also...
Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead
15.12.2022
Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry is facing challenges after high-profile bankruptcies and amid tightening regulations....
Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
14.12.2022
The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases codified during the last few months. The FOMC’s...
SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’
14.12.2022
On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt to release SBF on bail with an ankle bracelet. Amid the lengthy court hearing reports detail that SBF’s parents...
DeFi Yield Protocol Rebrands as Dypius to Help Users Embrace Metaverse Opportunities
12.12.2022
PRESS RELEASE. Bucharest, Romania,12/12/22, Chainwire: After experiencing success in the crypto space, DeFi Yield Protocol announces a complete rebranding to Dypius. The experienced team conducted several months’ worth of research to come up with the best way to represent what they had evolved into...
Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed
12.12.2022
On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion. Moreover, during the past 12 months, the TVL in defi dropped 82.56% from roughly $239 billion in Dec. 2021,...
BudBlockz (BLUNT) to outperform Chainlink (LINK) in coming months, crypto analyst says
9.12.2022
BudBlockz (BLUNT) is an upcoming new cryptocurrency-powered platform that makes it easy to trade marijuana. The $BLUNT token is available on presale and has generated much interest among cryptocurrency enthusiasts. Many analysts have predicted that the $BLUNT token could soon surpass and generate...
FTX reportedly gets 3 more months to stop all operations in Japan
9.12.2022
Japanese authorities have postponed FTX Japan’s suspension deadline because the firm has so far failed to return assets from custody to creditors
Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months
7.12.2022
Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of rising above the 40% range 52 days ago, on Oct....
Exploring Biden’s Executive Order on Crypto, 6 Months In
7.12.2022
CoinDesk published its annual Most Influential series on Monday, highlighting a number of regulators, lawmakers and similarly impactful individuals. I spoke to Carole House, one of the authors of the White House executive order on crypto, to take a look at the document, its origins and where we...
Elden Ring Gets Free Colosseum PVP DLC After Months Of Fans Begging
6.12.2022
The wait is finally over if you’ve been dying for more Elden Ring content. Just days before The Game Awards, where fans have been (and probably should still be) speculating that developer FromSoftware would announce some sort of add-on for the game, the Japanese studio took to Twitter today...
Former Alameda CEO Spent $10,000,000+ on Luxury Properties Months Before FTX Collapse – Did He Know What Was Happening?
6.12.2022
As the collapse of major crypto exchange FTX and sister firm Alameda Research continues to generate controversy within the cryptosphere, Sam Trabucco, Alameda’s former co-CEO, reportedly went on a shopping spree shortly before the two companies’ implosion. Among others, he bought two luxury...
Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware
4.12.2022
Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict an increase in the supply of used coin minting hardware as large foreign companies leave the industry....