New Audit Report Shows Terra’s LFG Spent Over $2.8 Billion To Defend UST Peg ⋆ ZyCrypto

Advertisement &nbsp &nbsp Luna Foundation Guard (LFG), the entity behind the collapsed Terra ecosystem, spent $2.8B (80,081 BTC and 49.8M in stablecoins) to defend UST’s peg, ...

Amazon Starts Massive Round Of Layoffs—Here Are The Biggest U.S. Job Cuts This Year

Amazon confirmed Wednesday it has started laying off an unspecified number of employees, as the country’s second biggest employer reportedly targets a massive job cut that could affect roughly 10,000 ...

Details On Industry Recovery Fund Coming This Month

Binance CEO Changpeng “CZ” Zhao on Wednesday said the crypto industry recovery fund grabbing the attention of many influential industry players. Binance CEO on Monday announced plans to launch an indu...

US House Committee to Investigate and Hold Bipartisan Hearing on FTX Collapse – Bitcoin News

The U.S. House Financial Services Committee is planning to investigate the FTX collapse, according to a joint press release published by the committee’s chair Maxine Waters and representative Patrick ...

The Block: Accessing Web3: Developments and Opportunities

As decentralized applications (dapps) continue to evolve, the tools needed by developers and users to make effective use of them have become more sophisticated. Trends such as decentralized fina...

SHIB, XRP Show Strength As Crypto Market Begins Recovery

Shiba Inu (SHIB) and XRP have shown strength in the present recovery in the market. The crypto market decline had been triggered by the FTX collapse, and even now, the negative effects are still being...

Cloudzy’s journey towards making globalised VPS service a reality

Technology advancements continue to make the lives of people around the world easier and more efficient. However, this luxury does not come without its price.  Perhaps the biggest sacrifice that ...

US national crypto laws should look like New York’s, says state regulator

The superintendent of the New York Department of Financial Services (DFS) joined a nationwide regulatory discussion in the aftermath of the FTX collapse with a fresh take. Adrienne Harris believes tha...

Top House Committee to Hold Hearing Into FTX Collapse

Rep. Maxine Waters (D-Calif.) and Rep. Patrick McHenry (R-N.C.), respectively the chair and ranking member of the committee, said in a joint statement that the lawmakers would want to hear about the c...

Burger King Adds a New Weapon in Battle With McDonald’s, Wendy’s

For a long time, Burger King was Pepsi to McDonald’s Coke. At some point, however, that changed and Wendy’s managed to work its way into the conversation, first making it a fast-food burge...

Ripple CBDC Hackathon Concluded, Here Are Winners

Vladislav Sopov RippleX, platform that coordinates development of XRPL-based solutions, announces winners of multi-month competition of stablecoin projects Contents Here’s who won Ripple’s...

Four-day workweek is new standard for 40% of companies, EY study finds

A man walks on Wall St. during the morning commute, as the city deals with record temperatures and the excessive heat, in New York, July 20, 2022. Brendan McDermid | Reuters A cooling economy, rising ...

Solana’s 54% TVL Plunge Leads DeFi Decline

The total value locked (TVL) across major DeFi protocols — as well as related smart contracts — has dipped outside the bounds of typical volatility since the collapse of FTX. Though the declines so fa...

A Cast Of Timeless Villains Revisited

ZURICH, SWITZERLAND – JULY 20: A comedian attacked FIFA President Joseph S. Blatter with money … [+] during a press conference at the Extraordinary FIFA Executive Committee Meeting at the ...

California Launches Online Platform to Tackle Crypto Scams 

The website offers crypto educational materials and new scam tactics.  In a bid to tackle growing cryptocurrency-related scams, the California Attorney General’s Office has announced the launch ...

Bitcoin, ether decline, stocks sink and Ark is warm on GBTC

Crypto markets slid on Wednesday as altcoins surrendered gains made at the top of the week.  Bitcoin was down 2.6% at $16,479 over the past day, while ether lost 4.5% to trade at $1,207, accordi...

Abu Dhabi Global Market (ADGM) Grants Binance FSP License

4 hours ago | 2 mins read Exchange News The custodial license represents the most recent 2022 growth drive for Binance. The ADGM authorities granted Binance In-Principle Approval (IPA) in April 2022. ...

Nexo resolves real-time audit outage laying insolvency rumors to rest

Nexo announced that it has resolved the bug that stopped displaying the real-time audit of its assets and liabilities. A Nexo representative confirmed to CryptoSlate that “the Armanino timeout has bee...

Short seller Muddy Waters says this fintech firm could be a ‘fraud’

Shares of dLocal Ltd (NASDAQ: DLO) were cut nearly in half on Wednesday after Muddy Waters revealed a short position in the Uruguayan financial technology company. Discrepancies in disclosures to inve...

FTX Bahamas Files for Chapter 15 Bankruptcy Protection

The Bahamas subsidiary of the troubled crypto derivative exchange FTX has filed for chapter 15 bankruptcy protection in the Southern Court of New York, Bloomberg reported on Wednesday. FTX Bahamas Fil...

FTX Attacker Still Owns Altcoins Worth $338 Million

A day after FTX filed for bankruptcy, the firm’s hot wallets were drained by hackers, walking away with nearly $650 million in altcoins. Now, after various bridgings and on-chain chicanery, the attack...

Warren Buffett’s new 13F is out — and he’s leaning on these 3 big holdings to fight white-hot inflation

Warren Buffett’s new 13F is out — and he’s leaning on these 3 big holdings to fight white-hot inflation Price levels are on the rise. In October, U.S. consumer prices surged 7.7% from a ye...

FTX and Alameda Executives Including Sam Bankman-Fried Were Aware of Customer Funds Misuse: Report

A new report claims executives of FTX and Alameda Research were aware that their customers’ funds were being mishandled. According to the Wall Street Journal, anonymous sources familiar with the matte...

RLN Testing Begins For CBDC Betterment- U.S Banks  

Mission CBDC on the last stage of Development testing begins.  More than ten traditional banking giants are working together for CBDC development.  According to the announcement of the traditional fin...

LBank to Publish an Auditable Merkle Tree and Proof of Reserves

The global crypto exchange, LBank, has recently announced that it will share its Merkle-tree proof-of-reserves, in view of recent concerns about the opaque nature of certain industry issues. LBank gav...

Sam Bankman-Fried Continues Cryptic Twitter Thread, Claims FTX US ‘Had Enough To Repay All Customers’

The founder of bankrupt crypto exchange FTX says that he’s trying to find a way to make his former customers whole. In a lengthy cryptic thread on Twitter, Sam Bankman-Fried says that he thought that ...

The main wallets for Bitcoin and crypto

There is a lot of talk these days about non-custodial wallets for Bitcoin and crypto.  Indeed, the FTX case, which caused all its users to completely lose possession of the tokens they were storing on...

ECB vice president says will do ‘whatever necessary’ to tame inflation

It is crucial for the European Central Bank to convey its commitment to bringing prices down in order to keep inflation expectations anchored, according to its vice president. Luis de Guindos told CNB...

STX, CHZ, TAMA and I

Join Our Telegram channel to stay up to date on breaking news coverage Some market participants are starting to profit from the RSI’s oversold signal, while other bulls wait for the moving average to ...

Here’s Everything You Need To Know

Modern Warfare II Credit: Activision Call Of Duty: Modern Warfare II Season 1 is now live, a bit earlier than expected. This means that a whole bunch of new content is available to dig into, including...

Details On Industry Recovery Fund Next Month

Crypto Live News Author: Delma Wilson Nov 16, 2022 18:26 Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play...

Ripple (XRP) and Cardano (ADA) are Tanking Amid the FTX/Binance…..

The Ripple (XRP) and Cardano (ADA) price dropped following the recent FTX/Binancedrama. The broader crypto market tanked after Binance backed out from its supposed FTX acquisition as the latter suffer...