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Sequoia Capital marks down entire $214M FTX stake to zero
10.11.2022
The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income
How to Level the Global Financial System
9.11.2022
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...
Bitget Innovates Social Trading With New Feature ‘Strategy Plaza’
9.11.2022
PRESS RELEASE. Hong Kong, 9th Nov 2022 – Bitget, the leading global crypto exchange with a core focus on social trading, launches another innovative social trading feature, Strategy Plaza. The new feature provides users with the option to follow a series of automated trading strategies...
Abu Dhabi Fintech Startup Raises $20 Million in Series B Funding Round
9.11.2022
Abu Dhabi-based fintech, Pyypl, announced on Nov. 7 that it had raised $20 million in Series B funding and this brought the total of funds raised to nearly $40 million. Pyypl has said it plans to use the recently raised funds to develop and add new features to its proprietary technology....
Middle East, Asia and Africa blockchain association launches in Abu Dhabi
9.11.2022
A new blockchain body has been launched with the backing of industry leaders in the Middle East region including figures from Binance, Crypto.com, and the largest crypto exchange in the region
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...
LBank Exchange Will List Byepix (EPIX) on November 10, 2022
9.11.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 7, 2022 – LBank Exchange, a global digital asset trading platform, will list Byepix (EPIX) on November 10, 2022. For all users of LBank Exchange, the EPIX/USDT trading pair will be officially available for trading at 13:00 UTC on November 10, 2022....
MarketAcross to join Benzinga’s Future of crypto Summit as Global Media Partner
8.11.2022
MarketAcross, the premier blockchain PR and marketing firm, is the official global media partner for the Future of Crypto conference, organized by Benzinga. The event is a new Benzinga initiative that wants to focus on the broader cryptocurrency industry, including DeFi and NFTs. With the strategic...
Global Money Laundering Watchdog Says Crypto Monitoring Regime Is Unchanged
8.11.2022
The Financial Action Task Force told CoinDesk it has not changed the way it monitors crypto assets or the process by which countries are added to the "gray list" for increased monitoring
NFTs are the key to turning passive fandom into an active community
8.11.2022
DAOs may be where all the action takes place, but the genesis of new Web3 communities popping up on the scene starts at the NFT
Rivals steadfast even as two Aussie crypto ETF providers bail
8.11.2022
The last week has seen two digital asset ETF providers announce their planned exit from the market amid regulator scrutiny and the prolonged crypto winter
EverEarn Expanding to Ethereum Blockchain With $USDC Stablecoin Rewards
7.11.2022
PRESS RELEASE. It’s no secret to anyone that the past several months have been some of the worst performing markets in virtually every sector, thanks to the macroeconomic effects of high inflation around the world, alongside global uncertainty. The EverEarn team however has spent this time...
CBDCs Could Need Global Regulation, EU Commissioner Says
7.11.2022
Paolo Gentiloni says a series of international agreements might be needed to stop state-backed digital currencies from infringing sovereignty
Gala token exploit 'not a white hat act': Huobi Global
7.11.2022
Huobi claimed that calling the incident a white hat move was only pNetwork’s excuse to avoid legal sanctions
Vietnam Businesses Urge for Blockchain Training of Students and IT Specialists
6.11.2022
Members of the expanding blockchain sector of Vietnam have called on government and educational institutions to turn more attention to the deficit of talent. With the shortage of qualified personnel being a global challenge, they say the country needs to address the lack of training. Industry...
SEC Charges 4 People in $295M Global Crypto Ponzi Scheme That Duped Over 100,000 Investors
6.11.2022
The U.S. Securities and Exchange Commission (SEC) has charged four people for their roles in a global cryptocurrency Ponzi scheme that duped more than 100,000 investors worldwide. The scheme raised more than $295 million in bitcoin. SEC Says ‘Trade Coin Club’ Is a Crypto Ponzi Scheme...
Goldman Sachs Launches Data Service to Help Investors Analyze Crypto Markets
6.11.2022
Global investment bank Goldman Sachs has launched a new data service in collaboration with MSCI and Coin Metrics to help investors analyze crypto markets. The new system is “designed to provide a consistent, standardized way to help market participants view and analyze the digital assets...
Silver Rallies 7% Rising Past $20 per Ounce, US Mint Says Fabricators Are ‘Struggling to Keep up With Demand’
5.11.2022
On Friday, as the global cryptocurrency market cap jumped 5.4% higher against the greenback, U.S. stocks rallied toward the end of the day with the top four major stock indexes gathering gains. Precious metals also soared as the New York spot price of gold per troy ounce increased by 3.20%,...
Lbank’s Successful Web Summit Lisbon Exhibition, Free to Ride Campaign, and More
4.11.2022
PRESS RELEASE. INTERNET CITY, DUBAI, LISBON, Nov. 4th, 2022 – Global crypto exchange, LBank, joined Web Summit Lisbon in Portugal as a proud sponsor and exhibitor. Lisbon has been on LBank’s list of destinations for a while and it was great for the top-20 crypto exchange to finally set foot...