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FTX-Backed Crypto Unicorn LayerZero Bought Out Stake
10.11.2022
The interoperability protocol sent out a memo to investors outlining its buyout strategy
From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX
10.11.2022
During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion in value as FTX’s troubles shook investors....
David Chaum Rolls Out Privacy-Protecting CBDC Technology
10.11.2022
Bitcoin Price and Ethereum Prediction, Binance Backs Out of FTX Rescue
10.11.2022
The cryptocurrency market continues to experience a massive downtrend. The global crypto market cap fell over 11% to $809 billion the previous day, sending major cryptocurrencies into the red on early November 10. Over the last 24 hours, the entire crypto market volume plummeted 11% to $189...
Brussels to Put Out Digital Euro Law Shortly, ECB’s Lagarde Says
10.11.2022
The European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators are expected to define the new currency’s legal tender status and determine its privacy features....
Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX
10.11.2022
According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state investor has been known to have invested in...
Fake Nintendo, Valve Twitter Accounts Are Already Out There, Be Safe Everyone
10.11.2022
The latest in a seemingly never-ending list of dire consequences for Twitter users in the wake of Elon Musk’s purchase is a very predictable one: after overhauling the site’s verification system a flood of fake—and yet still “verified”—accounts have begun using the platform to fuck with people.Read...
Binance Backs Out of Buying FTX Crypto Exchange, Cites Mishandled Customer Funds and Regulator Investigations
9.11.2022
Binance is pulling out of the deal to buy FTX. On Tuesday 8 November, Binance signed a letter of intention to acquire the failing crypto exchange, although at the time it said the agreement was subject to a due diligence process.
But as the contagion from the collapse of the FTX leads to...
Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’
9.11.2022
The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled customer funds,” Binance has decided not to pursue the FTX acquisition....
Some central banks have dropped out of the digital currency race
9.11.2022
There are at least four countries that have either scrapped or halted CBDC plans so far, and each central bank has its own reasoning for not launching one
Japanese Mobile Firm NTT Plans to Invest $4 Billion in Web3 Technology – Find Out Why
9.11.2022
Japan’s largest mobile telecoms operator NTT DOCOMO has announced plans to invest up to 600 billion yen ($4 billion) into Web3 infrastructure.
The company has joined forces with multichain smart contract platform Astar Network as well as Irish services company Accenture to speed up Web3 adoption...
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays
9.11.2022
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60 billion in trade volume. Out of the top ten crypto exchanges by trade volume, exchanges...
First Mover Asia: Prediction Markets Split if Binance Will Pull Out of FTX Deal; Bitcoin Drops 11%
9.11.2022
Investors on PolyMarket think there’s a 45% chance that Binance will pull out of the FTX deal and a 55% chance the deal goes through
Sam Bankman-Fried No Longer a Billionaire After $14.6B Overnight Wipe-out
9.11.2022
FTX CEO Sam Bankman-Fried has vanished from the Bloomberg Billionaires Index after his estimated personal wealth plummeted nearly 94% to $991.5 million in a single day
Liquidity Crunch Spreads to Crypto Lending as Institutional Borrowers Max Out Credit Pools
9.11.2022
Multiple crypto investment firms received a “warning” label on lending protocol Clearpool for draining almost the maximum amount of credit from their credit pools
This New Crypto Gaming Token is Selling Out Fast in the Bear Market – Find Out Why
8.11.2022
RIA is the native token of the Calvaria ecosystem, which is a brand new play to earn game launching across multiple blockchains.
There are a variety of different gaming styles that one has the opportunity to make use of in the game, including head to head battles against other players.
Players...
New Cyberpunk 2077 Patch Stops Your Boobs From Popping Out
8.11.2022
Cyberpunk 2077, the dystopian wait-we-can-fix-it RPG from CD Projekt Red, has received yet another patch after the substantial Edgerunners update, itself a rather comprehensive list of bug fixes and new features. The latest batch of fixes fills in the code holes that prevents various missions from...
FTX CEO Sam Bankman-Fried Speaks Out Amid Binance Drama – Denies Insolvency, Says Withdrawals Will Continue
8.11.2022
FTX CEO Sam Bankman-Fried has denied insolvency rumors amid mounting speculations that his exchange is facing liquidity issues, as evident by Binance's move to dump all its FTT holdings.
In a series of tweets on Monday, Bankman-Fried referred to the speculation as FUD, claiming that...
Queen Máxima of the Netherlands comes out in support of digital euro
7.11.2022
"Let us envision that better future and build a digital euro that works for all Europeans," said the queen in virtually addressing members of the European Commission
Biden Accuses Twitter of Spewing Lies Across the World as Elon Musk Rolls Out Twitter Blue Subscription
7.11.2022
Elon Musk has started rolling out a $7.99-a-month Twitter Blue subscription service. U.S. President Joe Biden, however, is concerned that the billionaire has bought a social media platform “that spews lies all across the world.” Stating that there are “no editors anymore...