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Nvidia Chipmaker Crypto-Related Revenue Beat Expectations Despite Bear Market
18.11.2022
The crypto related revenue for the major chipmaker Nvidia reached $5.93bn in revenue for the third quarter. The figure was higher than expected, despite a slump in demand from both crypto miners and gamers.
According to the company’s latest earnings report, Nividia’s total revenue for the third...
Sui Network, a New Blockchain From Ex-Meta Employees, Launches Its Testnet
17.11.2022
The competitor to the Aptos blockchain said that developers can continue to use its devnet
Ripple CEO Says Current Crisis Will Make Crypto Stronger, Announces Huge Updates
17.11.2022
While FTX’s sudden collapse continues to fuel uncertainty among the world’s crypto investors, some industry representatives believe that the cryptosphere could emerge stronger from the turmoil. This is according to Brad Garlinghouse, the CEO of US blockchain company Ripple Labs, who has also...
This Green Token Has Raised Nearly $13 Million For Its Carbon-Credit Marketplace-On-The-Blockchain Platform – Time to Buy?
17.11.2022
Over the course of the last few weeks, the crypto market has taken a serious tumble thanks to the collapse of FTX. The contagion has been spreading out into the wider ecosystem and many other companies have already bankrupted themselves. However, there are some presales that have been doing...
Heroic Story secures $6 million to build Web3 tabletop RPG world
17.11.2022
The seed round was led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology
Cardano Blockchain Builder IOG Funds $4.5M Research Hub at Edinburgh University
17.11.2022
The launch follows IOG’s investment in hubs and funding at Stanford and Carnegie Mellon in the U.S
Tom Brady and Larry David Face Class Action For Endorsing FTX, Suit Alleges They Backed ‘Unregistered Securities’
17.11.2022
FTX investors have filed a class action lawsuit against the founder and former CEO of the collapsed cryptocurrency exchange, as well as several celebrities who promoted the platform.
The class action, filed on Tuesday night in Miami, claims that Sam Bankman-Fried, NFL quarterback Tom Brady,...
Wells Fargo, HSBC Add Offshore Yuan to Blockchain Foreign-Exchange System
17.11.2022
The system started operating almost a year ago with the U.S. and Canadian dollars, British pound and euro and has settled over $200 billion in transactions
World Blockchain Summit brings 2022 to a close in Bangkok this December
17.11.2022
The 23rd global edition explores the convergence of world-class content from the industry’s leading experts, entrepreneurs, and investors, with the opportunity to learn about the latest trends within the scope of Blockchain, crypto, and web3. Tuesday, November 15, 2022: After the incredible...
US Treasury Secretary Janet Yellen Says Crypto Markets Need More ‘Effective Oversight’ Following FTX Implosion
17.11.2022
As the collapse of major exchange FTX continues to fuel a bearish mood throughout the cryptosphere, US Treasury Secretary Janet Yellen has called for the introduction of tighter regulations for the crypto market.
“The recent failure of a major cryptocurrency exchange and the unfortunate impact...
US House Committee to Hold Hearing on FTX Collapse – Regulation Incoming?
17.11.2022
The US House Financial Services Committee plans to investigate the collapse of FTX and hold a hearing on the matter next month.
Current Chair and Congresswoman Maxine Waters, D-Calif., and Congressman Patrick McHenry, R-N.C., announced the hearing in a joint statement on Wednesday, saying that...
Australian Securities Exchange Cancels Blockchain-Based Clearing System at $168M Cost
17.11.2022
The Australian Securities Exchange (ASX) has cancelled its much-delayed blockchain replacement to its aged Clearing House Electronic Subregister System (CHESS)
Aussie stock exchange abandons blockchain plans, leaving $170M hole
17.11.2022
The blockchain-backed upgrade in the works for nearly five years has potentially cost Australia’s primary exchange over $170 million
DeFi platforms see profits amid FTX collapse and CEX exodus
16.11.2022
On-chain data flashed positive for DEXs and an increase in protocol revenue, even as markets corrected due to FTX’s insolvency
Terraform Labs Co-Founder Daniel Shin’s Firm Chai Reportedly Raided by Seoul Prosecutors
16.11.2022
Following the collapse of FTX, law enforcement officials are still dealing with the Terra blockchain fiasco. A new report claims Terraform Labs (TFL) co-founder Daniel Shin’s company Chai Corporation was raided by South Korean investigators. Terraform Labs Co-Founder’s Company Chai Reportedly...
MasterCard, Citigroup and Other Global Banking Giants Start Digital Dollar Pilot With New York Federal Reserve
16.11.2022
Global financial services giants such as MasterCard, Citigroup, and others are joining hands with the Federal Reserve Bank of New York to start a 12-week-long pilot for a digital dollar system.
The pilot dubbed the “regulated liability network,” will be conducted in a test environment using...
Citi Analyst Joseph Ayoub Warns of Serious Contagion Risks From FTX Implosion, Here’s What Could Happen
16.11.2022
As collapsed exchange FTX is advancing through its voluntary Chapter 11 bankruptcy proceedings, some market observers are concerned over the risk of a broader contagion spreading across the crypto ecosystem, according to Joseph Ayoub, an analyst at international financial industry player...
StarkWare Deploys StarkNet Crypto Token on Ethereum Blockchain
16.11.2022
The tokens are not yet available for sale
Billionaire Charlie Munger Condemns Cryptocurrencies Following FTX Collapse, Says ‘I Think It’s Totally Crazy’
16.11.2022
Berkshire Hathaway’s Vice Chairman Charlie Munger has long voiced his criticism of crypto, with a particular focus on bitcoin (BTC). Unsurprisingly, the ongoing market downturn and the abrupt collapse of major exchange FTX have further pushed the investor over the brink....
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New Development: Sam Bankman-Fried is Attempting to Raise New Capital to Fix FTX Problem
16.11.2022
Founder and former CEO of FTX Sam Bankman-Fried is striving to raise fresh capital in a bid to make customers whole despite bankruptcy filings.
In a recent Twitter thread, he is "meeting in-person" with both potential investors and regulators to do what they can for customers. "And after that...