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Document Claims Alameda CEO Caroline Ellison’s FTX Margin Position Was Negative $1.3B in May 2022
5.12.2022
In a number of recent interviews, the former co-founder of FTX, Sam Bankman-Fried (SBF), explained that he “wasn’t running Alameda” and he “didn’t know the size of their position.” In a more recent discussion with The Block’s Frank Chaparro,...
Biggest Movers: LTC Climbs to Highest Level Since May
5.12.2022
Litecoin rose to a seven-month high to start the week, as cryptocurrency markets continued to react to the latest U.S. nonfarm payrolls figures. The token was up for a second consecutive session, climbing to its highest point since May. Shiba inu was also a notable gainer on Monday. Litecoin (LTC)...
Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain
2.12.2022
Core Scientific, Bitfarms and Genesis Digital Assets are among miners that have direct and indirect exposure to the contagion
Dogecoin's Bitcoin-Beating Bounce May Be Bad News for the Market
2.12.2022
Dogecoin has trounced bitcoin with a 40% surge in the past 10 days. In the past, outsized gains in DOGE have paved the way for a broader market sell-off
Binance Exec Says Company May Not Be Around in 10 Years
1.12.2022
In a bid to alleviate worries for retail investors, Patrick Hillman, chief strategy officer at Binance, discusses the crypto exchange’s proof-of-reserve system following the collapse of FTX
Binance Exec Says Firm's 'Centralized Exchange' May Not Be Around in 10 Years
1.12.2022
Bitcoin's Price Action Is Encouraging, Yet It May Not Signal Bottom: Traders
1.12.2022
Bitcoin's price needs to trade above its 21-week moving average to confirm a bottom, one trader said
Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand
1.12.2022
Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it may face overwhelming energy demand. Manitoba...
EU’s MiCA Law May Have an FTX-Shaped Loophole
30.11.2022
Sam Bankman-Fried Interview Reveals Dark Donations to Republicans, FTX’s ‘Poorly Labeled Accounting’
30.11.2022
On Nov. 29, 2022, the crypto supporter and reporter, Tiffany Fong, published an interview with the former FTX CEO Sam Bankman-Fried (SBF) that was recorded 13 days before the interview was released. During the interview, SBF discussed who he thinks may have hacked FTX and he further denied he had...
With This New Crypto You Can Earn Money While You Shop – The Partnerships May Surprise You
29.11.2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
The Impact project is a transformative crypto project that allows users to purchase carbon credits. To improve the liquidity of its operations,...
Blockchain Pilgrimage: Regulating Crypto ‘Should Be Combined With Education’ Says Top Wadzpay Executive
29.11.2022
The collapse of Do Kwon’s Terra empire in May, and Sam Bankman-Fried’s FTX in early November 2022, will be remembered as two incidents that put the crypto industry on the back foot. It is now widely expected that regulators around the world will use the two incidents to justify...
Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity
28.11.2022
It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former stablecoin is exchanging hands for $0.02 per unit, but a number of Terra Classic supporters believe...
Japanese Regulator Suggests it May Be Preparing to Police DeFi
28.11.2022
The top Japanese financial regulator has given a hint that it may be preparing to attempt to police the decentralized finance (DeFi) sector.
The Financial Services Agency (FSA) issued a call for DeFi players to take part in a “fact-finding survey” on the sector.
The FSA wants to “research”...
Alameda Withdrew $204M in Crypto From FTX US Days Before Exchange Collapsed
28.11.2022
Alameda Research reportedly withdrew the most funds from FTX US, the U.S. arm of FTX, days before the crypto exchange filed for bankruptcy. The majority of the withdrawn cryptocurrencies were sent to wallets owned by FTX International, “suggesting that Alameda may have been operating...
Expected that next year Tora Inu meme coin may explode thanks to a new bull run
27.11.2022
On social media, Tora Inu is now trending. Massive amounts of investors are stocking up on TORA during the project’s ongoing presale to beat the price spike that will occur after the public debut and CEX listings. The review examines Tora Inu and its skill-based play-to-earn ecology in great...
Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies
27.11.2022
Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations. FSMA:...
Biggest Movers: LTC Moves to 6-Month High, SOL up Nearly 20%
23.11.2022
Litecoin extended recent gains on Nov. 23, with the token climbing to its highest point since May. The move saw prices climb by nearly 20% in today’s session, and comes ahead of this afternoon’s Federal Open Market Committee (FOMC) minutes. Solana also surged on Wednesday, moving...
ETH Hacker Gets 10 Year Jail Term, But BTC Theft ‘May Not Be Criminal’ in China
23.11.2022
Tokens such as ethereum (ETH) and bitcoin (BTC) continue to rest on uneasy legal ground in China – where an ETH hacker who struck in 2018 was recently sentenced to 10 and a half years behind bars. But prosecutors in the country have explained that it could be tricky to convict BTC thieves who have...
Bitcoin may need $1B more on-chain losses before new BTC price bottom
23.11.2022
BTC price losses are not yet bad enough to rival previous Bitcoin bear market troughs, data suggests