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Alameda Research and FTX Ventures websites go dark
9.11.2022
Pages for the quantitative trading firm and the venture capital arm have been taken offline and made private
EverEarn Co-Founder Dave Rahman Explains How to Build a Startup That Will Stand the Test of Time
9.11.2022
The EverEarn token ($EARN) launched on the BNB Chain in January 2022 with a simple goal; to show that a new startup cryptocurrency can be run like a business from the beginning, without any false hype or empty promises, while providing increased passive stablecoin ($BUSD) payouts, and continue...
Galaxy Digital discloses $77M exposure to FTX, $48M likely locked in withdrawals
9.11.2022
The exposure amounts represents a small fraction of the firm's $1.5 billion in liquidity
Uniglo.io shows a prime example of how burn events push prices higher; Will Big Eyes, Tamadoge, or IMPT follow?
9.11.2022
Burn events can help the price of a specific crypto token surge upwards. And no other crypto project has ever announced a burn event like GLO will carry out on its official launch in just a few days’ time. This news has left early investors eager for launch day and could bring huge profits...
In staff letter, Binance CEO embraces scrutiny from regulators amid potential FTX deal
9.11.2022
“People now think we are the biggest and will attack us more,” said Changpeng Zhao in a letter updating staff on the situation with FTX
Biggest Movers: FTT Fire Sale Sends Token Over 70% Lower, SOL Also Falls Significantly
9.11.2022
FTX Token plunged by over 70% in today’s session, as sentiment surrounding Binance’s potential buyout of FTX continued to raise market eyebrows. Following speculation that FTX could be insolvent, Binance’s Changpeng “CZ” Zhao moved to acquire the firm, pending due diligence. Solana...
Xternity, A Web3 Gaming Infrastructure Startup, Raises $4.5M
9.11.2022
Armed with $4.5 million from a pre-seed round of funding, the Web3 gaming platform company Xternity announced the beta launch of its platform. It’s on a mission to help developers embrace the concept of Web3 and new technologies such as blockchain and NFTs, which promise to transform the video...
FTX crisis is driving away crypto giants
9.11.2022
FTX earlier reported going through a rough patch of liquidity crunch. Following the announcement, a lot of Crypto firms distanced themselves from FTX, with the majority stating that they had no exposure to the platform or its currency. Genesis and Crypto.com are the newest additions to a list that...
Binance to buy non-US operations of FTX
9.11.2022
FTX is facing a liquidity crunch, and there is a dire need to protect customers. The venture has, therefore, sought assistance from Binance by offering it to buy the non-US operations. Reportedly, Binance has agreed to move forward by signing a non-binding letter of intent, or LOI. The acquisition...
Bitcoin, Ethereum Technical Analysis: BTC at 2-Year Low, ETH Down 20% as FTX Turmoil Leads to Crypto Bloodbath
9.11.2022
Bitcoin plunged to a two-year low on Wednesday, as the FTX token sell-off continued to weigh on cryptocurrency markets. After an initial 30% slide, FTX token fell by as much as 80%, as Binance confirmed its intention to absorb the failing exchange. Ethereum was also lower, dropping below $1,200....
Snowfall Protocol is steady as Dogecoin and Waves continue to stumble!
9.11.2022
In the intense competition in the crypto landscape, plenty of cryptocurrencies have emerged, only to fade away into nothing, along with their investor’s capital. These are those that have limited utility to offer their users, whereas strong value propositions have stood the test of time. Two such...
Cryptocurrencies Affect Central Bank Tasks, Dutch Monetary Authority Says, Urges Global Regulation
9.11.2022
Convinced that cryptocurrencies are affecting the tasks performed by monetary authorities around the world, the Dutch central bank has urged for comprehensive international regulations. The call comes after research into the development of crypto assets and policy responses. ‘Proper Regulation...
How does Dogeliens compare to crypto giants like BNB and Avalanche?
9.11.2022
The cryptocurrency market is volatile, with market crashes and spikes happening multiple times a year. While some cryptocurrencies are relatively generous with the returns they offer, some can dismantle a user’s portfolio. BNB and Avalanche have provided good returns for their users in...
BudBlockz, AXIA, and Astar set to experience huge growth in 2023
9.11.2022
The crypto market has had remarkable growth in 2022. With new coins like BudBlockz (BLUNT) having an impressive presale season, many investors are beginning to anticipate what the new year holds for crypto investment and assets. The bear market of 2022 affects the value of many cryptocurrencies....
Binance tops up SAFU fund at $1 billion amid price fluctuations
9.11.2022
Binance CEO CZ took to Twitter to assure users that the crypto exchange's insurance funds have been topped off at $1 billion as the debacle with FTX rages on
Hong Kong ‘Actively Looking’ to Establish Regulatory Framework to Allow Crypto Futures ETFs: Report
9.11.2022
Hong Kong’s Securities and Futures Commission (SFC) is “actively looking” to create a regulatory framework that allows crypto futures exchange-traded funds (ETFs), an SFC official reportedly said. “We have come to believe that some initial concerns about virtual asset...
Three Ethereum alternatives to consider amid the ongoing bear market: Algorand, VeChain, and Big Eyes Coin
9.11.2022
The ongoing bear market has significantly affected most cryptocurrencies within the industry, particularly the industry giants. The world’s largest cryptocurrencies by market cap have been significantly affected by the bear market and are by far the biggest losers. Cryptos like Bitcoin (BTC)...
FTX founder Sam Bankman-Fried removes ‘assets are fine’ flood from Twitter
9.11.2022
Sam Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.”
How to pay your bills with cryptocurrency?
9.11.2022
Users can pay bills with cryptocurrency directly from their crypto wallet or using a payment processor acting as an online crypto payment gateway
Bank of Russia Suggests Tax Cuts for Long-Term Digital Asset Holders
9.11.2022
The Central Bank of Russia is proposing to introduce tax incentives for long-term holders of digital financial assets. The idea has been circulated with a consultation paper published for public discussions on the development of the digital asset market in the Russian Federation. Bank of Russia...