The Department of Financial Protection and Innovation (DFPI) in the state of California announced on Nov. 10 that it will open up an investigation as to the “apparent failure” of the cryptocurrency ex...
News
Crypto Investment Firm DCG Gives $140M Equity Infusion to Trading Firm Genesis
“While the operation of our lending and trading businesses has not been impacted by recent market events, Genesis has taken steps to strengthen its balance sheet with an additional equity infusion of ...
Alameda promised ‘high returns with no risk’ in 2018 pitch
Regulatory red flags tied to Sam Bankman-Fried’s crypto trading firm Alameda Research may date all the way back to 2018. The quantitative crypto trading firm — which served as the liquidit...
SEC Investigating Binance and Coinbase after FTX Implosion: WSJ
According to the The Wall Street Journal, the SEC has opened an inquiry into the FTX platform, in addition to looking into Coinbase Global and Binance. Following its abrupt collapse this week, the Sec...
FTX is Bankrupt But You Can Still Trade Crypto There
Bankrupt FTX continues to allow crypto trade despite customers’ inability to withdraw funds. As of 3 pm ET, trading on both the FTX.com website and the FTX mobile app are functioning normally. Accordi...
Tron Agrees While Tether CTO Denies to Come Forwards for FTX
FTX is in a stiff situation and the gradual grievance is making it tough for the Bahamian crypto exchange. The company has lost a significant amount of assets given the abrupt withdrawals by the users...
Cardano Gearing Up For Major Trend Reversal Despite Whales Selling 600M ADA
– Advertisement – Cardano (ADA) is gearing up for a major trend reversal. Cardano has underperformed the market average in 2022, frustrating believers. 📊 #Cardano has had a rollercoaster...
LBank Labs Establishes Blockchain and Crypto Investment Fund to Support the Development of Web3 in Africa
Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa. LBank Labs plans to establish a series of ...
Day Traders Sold Stocks at Record Pace During Inflation-Fueled Rally
(Bloomberg) — As US stocks surged to the best day in two years, one of the market’s most reliable group of buyers was nowhere to be found. Most Read from Bloomberg Day traders dumped equities in...
This User withdrew MILLIONS from FTX, and SBF to Prison?
There is a lot of speculation around FTX and what happened with the company. People fear that their investments went to bust, while others find loopholes to withdraw millions. Did the CEO of Binance C...
Realized Bitcoin losses spike as Grayscale GBTC trades at less than $10k BTC equivalent
Bitcoin investors have locked in the fourth-largest spike in realized losses in 2022 during the current market downturn. Over $1 billion dollars has been locked in since Nov. 9 as investors panic sell...
PEOPLE, DYDX, CHSB, ANT, BNX Hang on, Crypto Market is Bearish
BeInCrypto takes a look at five projects that beat the crypto market last week, more specifically, from Nov. 4 to Nov. 11. These digital assets have taken the crypto news and crypto market spotlight: ...
“strong reserves and increase in vouchers “- The Cryptonomist
Today, Tether Holdings Limited, the asset-backed crypto stablecoin, made available its latest quarterly assurance opinion completed by BDO, one of the top five independent public accounting firms in t...
Binance Throws In The Towel on FTX deal
Join Our Telegram channel to stay up to date on breaking news coverage Binance, the world’s largest exchange by trading volumes, has announced that it will not continue with earlier plans to acquire F...
Why Crypto Whales Hold so Much Dominance in the Crypto Market?
Crypto market has witnessed tremendous growth with many crypto assets reaching sky high levels. With the growing popularity, cryptocurrencies also gained investors and buyers resulting in its wide ado...
CEO Bankman-Fried Resigns as FTX Files for Bankruptcy Protection in The U.S.
Days after bigger rival Binance withdrew from a planned acquisition, the announcements were made. On November 11 – The troubled cryptocurrency exchange FTX said on Friday that it would file for bankru...
The U.S. Will Cut Emissions In An Effort To Avoid ‘Climate Hell,’ Biden Says
Topline President Joe Biden addressed the United Nations Climate Change Conference Friday and said the U.S. will work to avoid a “climate hell” following a UN report indicating greenhouse gasses will ...
Chiliz holders have a cause to smile after the losses incurred, here’s why
Chiliz confirmed that its new Proof-of-Staked-Authority chain was in its testnet phase. The recent market correction caused the price of CHZ to rally and put many of its holders in profit. Dubbed the ...
Dow Jones Wavers On Fed’s Preferred Pivot Sign; Buffett Unloads Shares; Fake Tweet Slams Health Care
The Dow Jones Industrial Average took a breather after Thursday’s 3.7% gains. After opening 0.2% lower, the blue chip index was down 0.7% at noon. The S&P 500 pared earlier gains of 0.5% to ...
Bitcoin’s Energy Usage Spikes To 41% In 12 Months Amid Increasing Regulatory Interest In PoW Mining ⋆ ZyCrypto
Advertisement     A new report shows a 41% spike in creating new blocks on the Bitcoin network. Bitcoin consumes 0.16% of global energy usage and is responsible for 0...
Need To Meet Company Net Zero Goals? Be Sure To Choose The Right Tool
Tropical forest conservation is essential for stabilizing the climate and ensuring that the … [+] priorities of Indigenous peoples and local communities are met. Photo by Quang Nguyen Vinh This ...
CZ Likens FTX To Lehman Brothers; Crypto Crash To Worsen
FTX crypto crash to worsen?: Binance CEO Changpeng Zhao ‘CZ’ said the crypto market is yet to see its worst phase after the FTX collapse. Comparing the current crypto crash to the 2008 global financia...
‘A lot of people have compared this to Lehman. I would compare it to Enron’: Larry Summers comments on FTX bankruptcy
Former U.S. Treasury Secretary Larry Summers is likening the collapse of troubled cryptocurrency exchange FTX to the meltdown that engulfed Houston-based energy company Enron two decades ago. In an in...
3,500 ‘Sleeping Bitcoins’ From 2011 Worth Over $60 Million Wake up After 11 Years of Slumber – Bitcoin News
On Nov. 11, amid the confusion concerning troubled crypto companies like FTX and Blockfi, 3,500 ‘sleeping bitcoins’ from a wallet created on Oct. 7, 2011, moved for the first time in over 11 years. $6...
Paul Dano On Connecting With The American Dream And The Spielberg Legacy In ‘The Fabelmans’
Paul Dano attends the 2022 AFI Fest Closing Night Gala Premiere of ‘The Fabelmans’ at TCL Chinese … [+] Theatre in Hollywood, California. FilmMagic The Fabelmans, the semi-autobiogra...
US senators commit to advancing crypto bill despite FTX collapse
The two U.S. Senators said the downfall of FTX clearly exemplified “the need for greater federal oversight of the digital asset industry.” United States senators Debbie Stabenow and John Boozman have ...
‘I have never before seen a CEO take responsibility as he does’: investor Bill Ackman comments on Sam Bankman-Fried in now-deleted Tweet
Bill Ackman, famous hedge fund billionaire investor, defended former chief executive of crypto exchange FTX Sam Bankman Fried’s leadership in a now deleted Tweet on Thursday. “You have to give @SBF_FT...