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Bank of England Deputy Governor: FTX Collapse Highlights Urgent Need for Tighter Crypto Regulation
23.11.2022
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, says the collapse of cryptocurrency exchange FTX has highlighted the urgent need for tighter crypto regulation. “We should not wait until it is large and connected to develop the regulatory frameworks necessary...
US Senators Urge Fidelity to Stop Offering Bitcoin in 401(k) Plans Citing FTX Collapse, ‘Serious Problems’ in Crypto Industry
23.11.2022
Several U.S. senators have called on Fidelity Investments to reconsider allowing bitcoin in 401(k) retirement plans. “The recent implosion of FTX, a cryptocurrency exchange, has made it abundantly clear the digital asset industry has serious problems,” the lawmakers told Fidelity...
Crypto Twitter reacts to Binance CEO’s deleted tweet about Coinbase’s Bitcoin Holdings
22.11.2022
Coinbase CEO Brian Armstrong indirectly addressed CZ’s tweets as “FUD.”
Bitpanda secures crypto licence in Germany, claims to be the first “European retail” crypto investment platform to do so
22.11.2022
The other licensees included three European institutional investment platforms and one U.S.-based retail platform
Biggest Movers: LTC up 12%, Hitting a 3-Week High
22.11.2022
Litecoin rallied to a three-week high on Nov. 22, despite the global cryptocurrency market cap mostly residing in the red. As of writing, the crypto market is down 1.11%, however, litecoin is up by over 12%. Another notable gainer has been chainlink, which rose for a second straight session....
Bitget Registers in Seychelles and Plans to Grow Its Global Workforce by 50%
22.11.2022
PRESS RELEASE. Seychelles, Nov 22, 2022 – Leading global cryptocurrency exchange Bitget announces that it has registered in Seychelles to aid global expansion. The exchange operates in a decentralised manner with no specific headquarters, with regional hubs in strategic markets, and plans to set...
Bahamas Property Worth $121 Million Acquired by FTX, SBF’s Parents, Report Unveils
22.11.2022
Bankrupt crypto exchange FTX and its founder’s parents have purchased properties for almost $121 million in the Bahamas, according to a media report. Some of these were supposed to be used by the company’s senior executives, quoted documents have revealed. Bankman-Fried’s Parents Trying to Return...
Bitpanda Receives German Crypto License
22.11.2022
Bitpanda, an Austrian crypto exchange, announced today that its local unit, Bitpanda Asset Management, had received a crypto license from the German Federal Financial Supervisory Authority (BaFin). From now on, the Austrian crypto exchange can legally offer custody and proprietary trading services...
Orbeon Protocol (ORBN) sells out of stage one presale, TRON (TRX) and Binance (BNB) prices see strong support
22.11.2022
This year the cryptocurrency industry has been in a constant bear market. This has inspired many to call it one of the worst crypto winters ever. Despite the negative market, Binance Coin (BNB) and TRON (TRX) are seeing significant support as Orbeon Protocol sells out its first round of presale...
CoinMarketCap launches proof-of-reserve tracker for crypto exchanges
22.11.2022
The tool allows users to monitor exchanges’ reserves through displays of total assets and public wallet addresses, along with the balance and value of the wallets displayed
Venezuelan President Nicolas Maduro Signals Support for Single Currency in Latam, Calls for Crypto Inclusion
22.11.2022
Nicolas Maduro, president of Venezuela, has expressed his support for the adoption of a new common currency for Latam in the latest meeting of the Workgroup of the Sao Paolo Forum. Maduro stated that this would be an important step for the construction of a common economic space, that would also...
How to buy cryptocurrency in Canada?
22.11.2022
Learn how to buy Bitcoin and other cryptocurrencies in Canada via brokers or directly through a crypto exchange
Cardano’s newest stablecoin Djed gets january launch date
22.11.2022
Djed, an algorithmic stablecoin from enterprise protocol COTI, will launch on the Cardano mainnet in January. The announcement was made on the main stage at this year’s Cardano Summit, which is taking place in Lausanne, Switzerland. First touted a year ago at the 2021 Summit, Djed is soft-pegged...
USPTO grants trademark to J.P. Morgan for wallet service
22.11.2022
JP Morgan has now extended its reach to a new sphere where it can offer services related to cryptocurrency transfer and payment processing, among many others. On November 15, 2022, the USPTO accepted the application, granting the bank a trademark for its wallet service. The trademark has been...
Oryen Network ICO 140% price increase attracts Fantom, DOGE, and Big Eyes investors
22.11.2022
A unique project has been making rounds in the crypto space due to stunning stats of a 140% price increase during its ongoing ICO. Oryen is a cutting-edge decentralized protocol that reshapes the narrow processes of yield in crypto by empowering its network to earn the highest continuous fixed...
Binance Pool announces the launch of its Cloud Mining service
22.11.2022
The latest service release from Binance Pool has recently generated market-wide interest. The platform’s Cloud Mining service has been launched to facilitate user access to mining equipment. Users will earn mining incentives via Binance Pool as a result of the development. After...
SBF, FTX execs reportedly spend millions on properties in the Bahamas
22.11.2022
At least 19 properties worth around $121 million were reportedly purchased under FTX's name, Sam Bankman-Fried’s parents and senior-level executives
Warren Buffett’s Berkshire Hathaway Warns About Crypto Exchange Website Using Its Name
22.11.2022
The Warren Buffett-led Berkshire Hathaway has issued a statement warning that a cryptocurrency exchange website is using its name. The company stressed that the crypto firm has no affiliation with Berkshire Hathaway Inc. or its chairman and CEO, Warren E. Buffett. Berkshire Hathaway Warns About...
South Korea, Singapore, Japan Top Countries Most Impacted by FTX Collapse: Report
22.11.2022
A new analysis shows that the countries most impacted by the collapse of cryptocurrency exchange FTX are South Korea, Singapore, and Japan. Moreover, Russia, Germany, Turkey, Taiwan, India, Egypt, and Brazil also made the top 10 list of countries most affected by the FTX meltdown. Countries Most...
Federal Reserve Bank President Says ‘Entire Notion of Crypto Is Nonsense’
22.11.2022
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says crypto exchange FTX isn’t “one fraudulent company in a serious industry.” Stating that the “Entire notion of crypto is nonsense,” the Fed president claimed it is “just a tool...