November 30, 2022

Secret Network resolves network vulnerability following white hat disclosure

Researchers were able to decrypt all of Secret’s internal transactions using an exploit.
November 30, 2022

BlackRock CEO Says Firm Had Invested $24 Million in FTX: Reuters

Larry Fink was speaking at the New York Times Dealbook conference.
November 30, 2022

Sixx King Uses Crypto to Get His Movies Off the Ground

Sixx King – an African American filmmaker and the founder, chairman, and CEO of Sixx Degrees Media – has teamed up with actor and film producer Sebastian Kahuna to establish new high-quality films funded by cryptocurrency. Sixx King Thinks BTC Can Be Used for Producing Films He believes there are many barricades in the way of black filmmakers trying to get their projects off the ground. He says it can be quite difficult to get projects funded, and thus he’s turning to digital assets to get the job done. In a recent interview, King discussed his motivation to utilize crypto for funding future movies and art-related projects: I had a clear vision that funding films with crypto would add a layer of tangibility to them that could be understood by most. However, my chance meeting with actor Sebastian Kahuna is what made the […]
November 30, 2022

LedgerX to Make $175M Available for FTX Bankruptcy Proceedings: Bloomberg

FTX subsidiary LedgerX is preparing to put up $175 million toward its parent company’s bankruptcy proceedings, Bloomberg reported Wednesday, citing people familiar with the matter.
November 30, 2022

Illicit cross-chain transfers expected to grow to $10B: Here’s how to prevent them

Forecasts predict cryptocurrency criminals laundering more than $10 billion through cross-chain bridges by 2025, leading to calls for holistic screening solutions.
November 30, 2022

Crypto Exchanges Nexo and Gemini Expand to Italy, Register With Regulator

Entry into Italy’s registry for virtual currency operators is mandatory to operate in the country.
November 30, 2022

Bitcoin Custody Firm Casa to Add Ethereum Support

The addition is part of a major overhaul of the Casa app which will be relaunched in January.
November 30, 2022

NFT Trading Goes Live on Uniswap With $5M Airdrop

The decentralized exchange is airdropping $5 million to past users of Genie, the NFT marketplace aggregator it acquired in June.
November 30, 2022

European Central Bank blasts Bitcoin —community responds

After the European Central Bank released a blog post on the shortcomings of Bitcoin, the crypto community on Twitter took to the comments to defend the cryptocurrency.
November 30, 2022

Bitcoin, Ethereum Technical Analysis: BTC Moves Above $17,000 on Wednesday

Bitcoin moved to $17,000 on Wednesday, as markets continued to digest the U.S. consumer confidence report. Confidence amongst consumers fell to its lowest level since July, despite inflation easing in the world’s largest economy. Ethereum remained higher, edging closer to $1,300. Bitcoin Bitcoin (BTC) briefly rose above $17,000 in today’s session, as traders reacted to the latest U.S. consumer confidence report. Despite falling to a six-month low, the decline in confidence was less than expected, which was a relatively positive sign for markets. Following a low of $16,366.66, BTC/USD rose to an intraday peak of $17,021.67 earlier in the day. However, following the breakout of $17,000, which has also been a long-term resistance level, some earlier bulls moved to secure gains, exiting their positions in the process. As of writing, BTC is trading at $16,832.07, with the 14-day relative strength […]
November 30, 2022

Ripple’s General Counsel Allegedly Blames SEC For BlockFi Bankruptcy

According to an official press release, BlockFi has commenced restructuring proceedings to stabilize the business and maximize value for its customers and stakeholders. The proceedings began with a voluntary case under Chapter 11 of the United States Bankruptcy Code. The filing is before the Bankruptcy Court for the District of New Jersey. Many crypto firms have had a fair share of the FTX contagion in the past few weeks. While the market mourns the collapse of the crypto exchange giant, asset prices are down, and many firms are about to close shop. News of another victim of the contagion reached the industry. The latest reports stated that the crypto lending firm, has commenced Chapter 11 bankruptcy proceedings. While people believe that the FTX contagion contributed to the firm’s ordeal, Stuart Alderoty has a contrary view. According to Alderoty, Ripple’s general […]
November 30, 2022

Digital identity platform integrates with zkSync for on-chain KYC

RNS.ID’s on-chain KYC solution is designed on a “privacy engine” to encrypt users’ data.
November 30, 2022

First Mover Americas: Coinbase Wallet Ditches 4 Tokens

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 30, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
November 30, 2022

Bitcoin’s Last Stand: ECB Staffers Say the Crypto is on ‘Road to Irrelevance’

Crypto regulation can be misunderstood as approval, officials at the European Central Bank said in a blog post explaining the bank’s stance on bitcoin.
November 30, 2022

Binance Sets Foot In Japan With SEBC Acquisition Deal

Binance, the world’s biggest crypto exchange, is expanding its operation in Asia with its latest entrance in Japan. The platform has bought Sakura Exchange BitCoin, which is a Japanese crypto exchange that is regulated by the country’s Financial Services Agency (FSA). This puts Binance on the list of countries that have some amount of regulatory authorization in these areas. Sakura Exchange BitCoin (SEBC) is based out of Tokyo. According to reports, the sum for which the exchange has bought SEBC remains undisclosed. This is a positive move given how SEBC is a fully regulated entity in the Japanese market, as this would mean that Binance is also in the process of expanding its regulatory environment. This can be considered a way of removing excessive regulatory pressure given how the platform has been under the eyes of regulatory bodies because of […]
November 30, 2022

Morgan Stanley: Crypto Winter Hurt Confidence, but Building Digital Asset Infrastructure Remains Key

Some investors see cryptocurrencies taking 10-15 years to become fully mainstream, the report said.
November 30, 2022

EU’s MiCA Crypto Law Would Have Stopped FTX Malpractice, Officials Say

Some lawmakers worry if the upcoming crypto regulations are tough enough to stem wider structural problems in the industry.
November 30, 2022

NFT Investor Animoca Brands to Start $2B Metaverse Fund: Report

Non-fungible token (NFT) and gaming investor Animoca Brands plans to set up a fund worth as much as $2 billion to invest in metaverse businesses, the firm’s co-founder has said in an interview, Nikkei Asia reported Wednesday.
November 30, 2022

London Court Orders Six Crypto Exchanges to Share Client Details to Assist in $10.7M Fraud Case

London’s High Court has ordered six cryptocurrency exchanges including Binance, Coinbase, Luno and Kraken to disclose client information to trace $10.7 million that was stolen from a UK-based exchange in 2020.
November 30, 2022

Bitcoin Officially Turned 14 in October

Bitcoin turned 14 on Halloween this year. How Far Has Bitcoin Come? Back on October 31, 2008, Satoshi Nakamoto – the pseudonymous creator of the world’s largest and most powerful digital currency by market cap – sent the whitepaper for the new anonymous financial system to emails across the world. In the paper, Nakamoto wrote the following: What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party. At the time of the whitepaper’s arrival, the world was going through a tough financial situation. The Great Recession was in full swing. Countries everywhere were seeing their economies tank faster than the RMS Titanic. Banks were flopping, and while the government was bailing out big businesses, small enterprises along with […]
November 30, 2022

Digital Dollar Could Streamline Settlements, DTCC Says

The traditional-finance giant cites billions in benefits from using distributed ledger technology
November 30, 2022

Market Maker Keyrock Raises $72M Series B Amid FTX Contagion

The liquidity provider, which closed the funding in September, had minimal exposure to the collapsed exchange.
November 30, 2022

Crypto Exchanges Huobi, Poloniex to Form ‘Strategic Partnership’

Cryptocurrency exchange Huobi has said it will form a “strategic partnership” with Poloneix, following rumours last week that the two firms were planning to merge.
November 30, 2022

Report: Nigerian Securities Regulator to Exclude Crypto in its Digital Asset Agenda

According to Lamido Yuguda, the director general of the Nigerian Securities and Exchange Commission, the regulator does not plan on including cryptocurrencies in its digital asset agenda. Yuguda reportedly said the commission will only change its stance on cryptos when Nigerian regulators agree on the standards to protect digital asset investors. Commission to Promote ‘Sensible Digital Assets’ The Nigerian Securities and Exchange Commission (NSEC) said it will only include cryptocurrencies in its digital assets agenda when regulators finally agree on the standards to protect investors. The commission added that cryptocurrencies are currently excluded because the exchange platforms where such digital assets are traded are operating outside of the Nigerian banking system. According to a Bloomberg report, the NSEC is keen on promoting what the institution’s director general Lamido Yuguda calls “sensible digital assets.” Yuguda explained: The commission is in the […]
November 30, 2022

MetaMask IP-Sharing Debacle Highlights the Scourge of Crypto Centralization

Centralized intermediaries have seeped deep into the crypto user experience, but they continue to be its main path to adoption.
November 30, 2022

EU Crypto, NFT Providers Must Report Tax Details Under Leaked EU Plan

A draft bill seen by CoinDesk also covers stablecoins, crypto derivatives and companies outside the bloc.
November 30, 2022

Crypto Exchange Binance Sees Biggest Inflow of SHIB Tokens Since February

Data sourced from Dune Analytics shows an address supposedly owned by Crypto.com transferred 1.8 trillion shiba inu to Binance.
November 30, 2022

Singapore’s Financial Regulator Defends Itself After FTX Blowup

Singapore state fund Temasek’s investment in FTX has caused reputational harm, but “it is the nature of investment and risk-taking,” said Deputy Prime Minister Lawrence Wong.
November 30, 2022

Football Fever Is Infecting DeFi Project With Excitement

PRESS RELEASE. Doha, Qatar: For the next couple of weeks, over a billion people are glued to the TV every day watching players of their favorite team working brilliantly together to win the ultimate prize. What’s really different this time around is how much crypto plays a role in football, with team fan tokens and NFT collections released by football stars like Christiano Ronaldo as prominent examples. And now, leading communities in crypto are joining football fever and even using it as an opportunity to bring crypto to the masses. With this World Cup, billions will learn about the Web3 ways of working together and winning big thanks to the Binance Football Fever 2022 campaign that allows anyone to get their football fever on while having a chance to win part of the $1,000,000 in prizes. The DeXe DAO community, […]
November 30, 2022

BTC price taps $17K as analysis warns of inbound Bitcoin ‘risk events’

Bitcoin faces more than just FTX fallout in December, with macro data due and the Mt. Gox payouts getting closer.
November 30, 2022

Roboto Games Raises $15 Million In Funding Led By A16z

Venture capital investors are turning their attention to new Web3 projects and Roboto Games, which was founded by veterans of Web2, plans to add elements of Web3 to […]
November 30, 2022

What is the best crypto use case? Community answers

A community member argued that the best crypto use case is still how crypto provides a decentralized, peer-to-peer payment system that eliminates middlemen like banks.
November 30, 2022

Game7 Launches $100 Million Grants Program to Push Web3 Gaming Development

Game7, a blockchain gaming-focused DAO (decentralized autonomous organization) has announced the launch of a $100 million grants program. The objective of this grants program is to support the Web3 gaming community in these times of market downturn and to advance the adoption of blockchain gaming on several chains. Game7 to Support Blockchain Gaming With $100 Million Game7, a Web3 gaming-dedicated project which has already supported projects on different chains including Arbitrum, Polygon, Immutable X, and Solana, has announced the launch of a $100 million grants program to support Web3 gaming companies. The chain-agnostic project announced that the objective of this move is to offer support to these initiatives to push the Web3 gaming ecosystem forward even in unfavorable times for the crypto industry. The organization, which is a DAO supported by Bitdao and Forte, aims to distribute these funds over […]
November 30, 2022

Bitcoin Looking At ‘Major Move’ In Coming Days, These Technicals Show

Bitcoin continues to inch closer to the pivotal $17K marker as it nurses conservative gains after suffering the effects of the FTX implosion that wiped the entire crypto market of billions worth of valuation. The maiden digital coin managed to go up by 2.6% during the previous 24 hours, pushing its seven-day gains to 4.4% as it changes hands at $16,882 at the time of this writing according to tracking from Coingecko. The increase may not be much but it helped the cryptocurrency to trim its 30-day losses to just 18.1% and more importantly increase its market cap by almost $10 billion in just a day. As 2022 nears its end, experts are taking a good look at all Bitcoin indicators to ascertain its future come 2023. Bitcoin Could Peak At $24K Between 2023 And 2024 Luckily, for investors and […]
November 30, 2022

Perpetuals-Focused Decentralized Exchange GMX Surpasses Uniswap in Daily Fees Earned

On Monday, GMX earned $1.15 million in trading fees, surpassing Uniswap’s $1.06 million for the first time on record.
November 30, 2022

Binance acquires regulated crypto exchange in Japan

Binance has managed to expand its services throughout the past year by either acquiring an operating license or buying a stake in a regulated entity.
November 30, 2022

Ripple Releases AMM DevNet, Unlocks Huge DeFi And XRP Liquidity Potential

Ripple has announced that it has implemented the long-awaited automated market maker (AMM) feature in a devnet yesterday. Earlier this year, the RippleX team proposed the technical specification for XLS-30d. This is a protocol-native AMM that is integrated into the order book-based DEX on the XRP Ledger. Developers can now integrate their applications directly into the AMM to enable powerful applications for their users. XLS-30d will exist as the core primitive of the ledger and will use a set of fixed features that allow application developers to create interfaces for end traders and liquidity providers (LPs). The ‘Secret Sauce’ In addition, XLS-30d includes a novel auction mechanism that incentivizes arbitrageurs while reducing the impact of volatile losses for LPs. Ripple CTO David Schwartz emphasized in June that the XRP Ledger has built-in decentralized exchanges, including all features such as peer-to-peer […]
November 30, 2022

Binance Enters Japan With Acquisition of Regulated Crypto Exchange Sakura

Binance bought Sakura Exchange BitCoin (SEBC), a Japanese crypto exchange regulated by the country’s Financial Services Agency (FSA), for an undisclosed amount.
November 30, 2022

Cameroonian Fintech Ejara Raises $8 Million in Series A Investment Round

Just over 12 months after raising $2 million, the Cameroonian fintech whose app allows users to buy and store crypto assets recently said it had received $8 million in its Series A investment round. According to Ruth Foxe Blader, partner at Anthemis, Ejara aims to become the one-stop platform where “a suite of financial products will be accessible at their fingertips, without the need for any crypto knowledge.” Owning the Keys to Your Crypto Ejara, the Cameroonian fintech whose app enables users to buy and store cryptocurrency in decentralized wallets, recently said it had raised $8 million via a series A investment. The fintech’s latest fundraising series was jointly led by the United Kingdom-based venture capital (VC) firm Anthemis and Dragonfly Capital. Participating in the latest round were Mercy Corps Ventures, Coinshares Ventures, and Lateral Capital which just like Anthemis […]
November 30, 2022

Bienvenidas! Crypto As Legal Mode Of Payment Gets Green Light In Brazil

Crypto is about to enjoy massive adoption in Brazil. The south American nation, through its Chamber of Deputies, has successfully passed a legal measure that will make the use of cryptocurrencies as payment for goods and services legal within the bounds of the country. The document pertaining to this newly approved law was signed under the specific code PL4401/2021, which states that virtual currencies and airline “miles” are to be considered as viable payment agreements and will be under the watch of the nation’s central bank. As point of clarification, asset types such as the Bitcoin and popular altcoins like Ethereum are just granted the status as “legal payment option” and not as legal tender. Still, this is considered to be a huge step for Brazil’s adoption of cryptocurrencies which are dubbed by some enthusiasts and faithful investors as the […]
November 30, 2022

Bullish For Bitcoin? Contagion Might End As Genesis Creditors Seek Options

Bitcoin investors are eagerly awaiting Jerome Powell’s speech today. The chairman of the U.S. Federal Reserve will comment on the current situation and policy this Wednesday at the Brookings Institution, an American research group. Market analysts will be closely assessing Powell’s every word, looking for clues about the central bank’s future monetary policy. After the third rate hike of 75 basis points, the market is currently speculating that Powell will pull the brakes. In recent days, various Fed officials have hinted that the central bank may raise the benchmark rate by as little as 50 basis points. Bitcoin, presumably driven by expectations, is currently seeing a 2.5% price increase in the last 24 hours. The price had reached a 2-week high of $17,072 on Binance at one point. Bitcoin has spiked to a two-week high, 4-hour-chart. Source. TradingView Bitcoin Sentiment […]
November 30, 2022

Tron (TRX) Price Analysis: More Gains If It Clears $0.055

Tron price started a downside correction from the $0.0650 level against the US Dollar. TRX price is now trading above $0.0500 and near the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0535 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.055 resistance zone. TRON price started a fresh increase above $0.050 against the US Dollar, similar bitcoin. TRX price could rise further if it clears the $0.055 resistance. Tron Price Analysis This month, tron price found support near the $0.0445 level against the US Dollar. TRX price formed a base above the $0.0450 level and started a fresh increase. It traded above the $0.0480 and $0.0500 resistance levels to move into a positive zone. The price pumped above the 23.6% […]
November 30, 2022

Crypto Exchange Kraken Settles With Treasury Department Over Sanctions Violations

Crypto exchange Kraken has settled with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) over its apparent violations of sanctions against Iran. The cryptocurrency exchange has agreed to remit $362,159 to settle its potential civil liability and invest an additional $100,000 in certain sanctions compliance controls. Kraken Settles With OFAC The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced Monday a settlement with Payward Inc. (d/b/a Kraken), a Delaware-incorporated crypto exchange. The announcement states: Kraken agreed to remit $362,158.70 to settle its potential civil liability for apparent violations of sanctions against Iran … As part of its settlement with OFAC, Kraken also has agreed to invest an additional $100,000 in certain sanctions compliance controls. According to the Treasury Department, between approximately Oct. 14, 2015, and June 29, 2019, “Kraken processed 826 transactions, […]
November 30, 2022

Bankruptcy court told FTX and Alameda owe BlockFi $1B, but it’s complicated

While BlockFi has attempted to separate itself from FTX and Alameda in its bankruptcy proceedings, it has many financial ties to firms owned by SBF.
November 30, 2022

Bitcoin Price Analysis: BTC Aims Fresh Increase To $18.5K

Bitcoin price started a recovery wave from the $15,500 support against the US Dollar. The price is now trading above $16,500 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $16,480 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could recover further, but upsides might be limited above the $18,500 resistance zone. Bitcoin price is recovering above $16,500 against the US Dollar. BTC might extend its recovery if it stays above the $16,400 support zone. Bitcoin Price Analysis Bitcoin price remained well supported near the $15,500 support zone. The bears made two attempts to clear the $15,500 support, but they failed. A swing low was formed near $15,512 and the price is now correcting higher. There was a recovery wave above the $16,000 […]
November 30, 2022

Bankman-Fried on the hook in Texas, called to appear at Feb. hearing

The Texas Securities Board has asked the judge to consider leveling a cease-and-desist order, administrative fines and forced refunds against SBF and FTX.US.
November 30, 2022

Metaverse exploitation and abuse to rise in 2023: Kaspersky

Cybercriminals will flock to the metaverse next year to prey on unsuspecting virtual world participants, according to a report by cybersecurity firm Kaspersky.
November 30, 2022

Prosecutors Seeking Arrest Warrant for Terraform Labs’ Daniel Shin: Yonhap

Terraform Labs’ co-founder is being charged with violating the Electronic Financial Transaction Act, according to media reports.
November 30, 2022

Genesis Creditors Hire Lawyers to Find Ways to Prevent Crypto Brokerage’s Bankruptcy

Genesis is in talks with creditors and potential investors, Bloomberg News reports.
November 30, 2022

RBI Begins First Retail Digital Rupee Pilot in 13 Indian Cities With 8 Banks

India’s central bank, the Reserve Bank of India (RBI), is launching its first retail digital rupee pilot on Dec. 1 with the participation of eight banks. The pilot will start in four cities and then expand to cover nine more cities across India. RBI Picks 8 Banks, 13 Cities to Test Retail Digital Currency The Reserve Bank of India (RBI) announced Tuesday that “the first pilot for retail digital rupee (e₹-R)” will launch on Dec. 1. This announcement followed the RBI’s wholesale central bank digital currency (CBDC) pilot which began on Nov. 1. Eight banks will participate in the retail digital currency pilot in two phases. State Bank of India, ICICI Bank, Yes Bank, and IDFC First Bank in four cities across India will participate in the first phase. Bank of Baroda, Union Bank of India, HDFC Bank, and Kotak […]
November 30, 2022

First Mover Asia: Bitcoin Climbs Toward $17K Despite Investor Unease

ALSO: Sam Reynolds writes that most of Grayscale’s digital asset trusts are trading at a deep discount, and that other digital asset trusts that have significant assets are facing the same predicament.
November 30, 2022

IBM and Maersk Abandon Ship on TradeLens Logistics Blockchain

An enterprise blockchain project from bygone bear markets will wind down after five years.
November 30, 2022

Brazilian Chamber of Deputies Approves Bill Regulating Crypto Transactions

The bill still requires the approval of the executive branch before it becomes law.
November 30, 2022

SEC Strategic Plan: Crypto Initiatives Among Top Priorities Over Next 4 Years

The U.S. Securities and Exchange Commission (SEC) has revealed some initiatives involving crypto assets in its Strategic Plan for the fiscal years 2022-2026. The initiatives are intended to address the SEC’s top priorities over the next four years. SEC’s Strategic Plan for FY 2022-26 The U.S. Securities and Exchange Commission (SEC) published its “Strategic Plan” for the fiscal years 2022-2026 last week. The regulator stated that “the initiatives outlined in this Strategic Plan are intended to address its top priorities over the next four years.” One of the goals of the Strategic Plan is to “develop and implement a robust regulatory framework that keeps pace with evolving markets, business models, and technologies.” The securities regulator explained that an initiative aimed at achieving this goal is to “examine strategies to address systemic and infrastructure risks faced by our capital markets and […]
November 30, 2022

CrossTower to acquire institutional prime brokerage BEQUANT

It comes after months of window shopping by CrossTower as crypto companies are still looking to expand despite the crypto market downturn.
November 30, 2022

Jack Dorsey’s TBD Is Looking to Trademark ‘Web5’ to Deter Its Misuse

The move is meant to prevent confusion about the meaning of Web5.
November 30, 2022

Russian Crypto Billionaire Dies In A Suspicious Helicopter Crash

Crypto businessman Vyacheslav Taran, 53, founder of Forex Club and Libertex, passed away in a mysterious helicopter crash, as confirmed by the Russian embassy in Paris. The death’s location has been identified as Villefranche-sur-Mer, a remote resort town on the French Riviera. Taran was based out of Monaco and has been reported to have links with Moscow’s foreign intelligence. He was flying from Lausanne, Switzerland, and was flown by a veteran pilot in a Monacair H130 helicopter. Reports have also claimed that the pilot, aged 30, was killed in the crash. No cause of the crash has been determined yet. The helicopter fell headlong on November 25. The statement issued by Libertex read: It is with great sadness that Libertex Group confirms the death of its co-founder and Chairman of the Board of Directors, Vyacheslav Taran, after a helicopter crash […]
November 29, 2022

Sam Bankman-Fried Called to FTX Hearing by Texas Securities Regulator

The Texas State Securities Board has been investigating FTX US since October.
November 29, 2022

Crypto Markets Today: Huobi’s HT Token Climbs After Exchange Discloses Airdrop

The company will send a digital token to users via Huobi Prime, its exclusive token offering platform. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
November 29, 2022

Veteran Investor Mark Mobius Expects Bitcoin Price to Fall to $10,000

Veteran investor Mark Mobius, the founder of Mobius Capital, expects the price of bitcoin to fall to $10,000. Nonetheless, he said: “Crypto is here to stay as there are several investors who still have faith in it.” Mark Mobius’ Bitcoin Price Prediction The founder of Mobius Capital Partners, Mark Mobius, shared his latest bitcoin price prediction in an interview with Bloomberg Monday. Prior to starting his own company, Mobius spent more than three decades at Franklin Templeton Investments. He previously served as the executive chairman of Templeton Emerging Markets Group where he managed more than $50 billion in emerging markets portfolios. The veteran investor said that his next target for bitcoin is $10,000, noting that cryptocurrencies are “too dangerous” for him to invest his own cash or his clients’ money in. Despite the collapse of crypto exchange FTX and subsequent […]
November 29, 2022

Learn from FTX and stop investing in speculation

Speculative investing led people to FTX. Now that we’ve seen the consequences, let’s hope they start looking for value-based propositions.
November 29, 2022

‘I never opened the code for FTX’: SBF has long, candid talk with vlogger

The disgraced former head of the world’s second-largest cryptocurrency exchange tells his side of the story in candid but occasionally inarticulate interviews.
November 29, 2022

The creator of the FTSE100 launches indices for crypto

The constituent coins that make up the indices have not yet been released, but it does include performance data for the first three quarters of 2022.
November 29, 2022

US lawmaker questions major crypto exchanges on consumer protection amid FTX collapse

Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin were targets of one senator’s probe into protections the firms had in place if a failure similar to FTX’s occurred again.
November 29, 2022

Crypto Services Firm Prime Trust Has Fired CEO Tom Pageler

Crypto fintech Prime Trust’s CEO, Tom Pageler, was fired this week, CoinDesk has learned.
November 29, 2022

Huobi Token Surges After Crypto Exchange Discloses Airdrop of Dominica Coin

The deal is noteworthy partly because of its connections to the crypto billionaire Justin Sun, founder of the Tron blockchain where the Caribbean island’s new token will reside.
November 29, 2022

Binance, Coinbase Among Crypto Firms Questioned by US Senator After FTX Mess

Binance.US and Coinbase (COIN) are on a list of crypto companies questioned this week by the chairman of the U.S. Senate Finance Committee about how they protect the investors using their services in light of the widespread damage caused by the fall of FTX.
November 29, 2022

BlockFi Most Likely to Pay SEC First, Crypto Lawyer Says

Sasha Hodder, founder of Hodder Law Firm, discusses why the SEC may get paid before retail investors and the low probability that traders will ever get their money back.