The collapse of the world’s third-largest crypto exchange, FTX, still raises uncomfortable dust in the crypto space. Several reactions kept popping out from both within and outside the industry. First...
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Luna Foundation Guard says it spent $2.8 billion to defend UST peg
Luna Foundation Guard (LFG), a non-profit created in January to grow the Terra ecosystem, has published an audit stating that it spent $2.8 billion in bitcoin and stablecoins to defend the TerraUSD (U...
Investigations Into The Collapse Of The FTX Empire Under Way ⋆ ZyCrypto
Advertisement     In a November 14, 2022, media release update on FTX, the Securities Commission of The Bahamas (SCB) confirmed that it had applied to the Supreme Cour...
Dogecoin (DOGE) price prediction for December 31, 2022
Disclaimer: The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices. Although the majority of the cryptocurren...
FTX Issues Caused Crypto to Fall Again
In mid-November of this year, the crypto arena was given another massive blow to its ego, and the prices of many mainstream assets fell further. Crypto Prices Just Keep Drooping Overall, it’s believed...
Wall Street Bitcoin Shorts Hit Record – Trustnodes
Wall Street is heavily betting against bitcoin through the CME futures exchange according to shorts and longs data by CFTC. 13,601 contracts are short and 13,170 are long, the data shows. Making it a ...
Who Will Hit $1 in 2023?
The battle for supremacy between Cardano and Ripple has been going on for a long time. While both Cardano and Ripple are notable cryptocurrencies in today’s market, they use different mechanisms. Card...
Binance secures license to offer custodial services in the UAE
Binance, the world’s leading crypto exchange infrastructure and blockchain services provider, has secured regulatory approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. The ...
ETH Lower, as Markets React to Missile Exploding in Poland – Market Updates Bitcoin News
Ethereum moved into the red on Nov. 16, as markets became nervous, following a missile accidentally exploding in Poland. Fears grew of potential escalation in the war between Russia and Ukraine, as th...
Crypto ‘may have been the problem,’ but ‘bitcoin is still the solution’
Billionaire tech executive Michael Saylor says the downfall of FTX exposed problems with crypto exchanges and will likely drive more investors to bitcoin. The MicroStrategy executive chairman provided...
Cardano Resumes Selling Pressure as It Faces Rejection at $0.35
Nov 16, 2022 at 13:06 // Price The price of Cardano (ADA) fell to a low of $0.31 on November 9, indicating a downward trend. The cryptocurrency’s price has been hovering between $0.31 and $0.38 ...
Cardano price analysis: Bearish spell devalues ADA to $0.3349
Cardano price analysis reveals a bearish trend. The ADA/USD pair is presently trading at $0.3349 and has been moving in a downward pattern for the past 24 hours. The pair’s support level is at $0.3331...
FBI Plans To Extradite FTX SBF As Contagion Spills To Genesis?
As Daily Mail reports, FTX’s former CEO Sam Bankman-Fried could be facing extradition. After more and more shocking details about FTX, Alameda and their leaders came to light in recent days, Bankman-F...
FTX Australia’s license suspended as 30K Aussies left in the lurch
Australia’s financial markets regulator has suspended FTX Australia’s financial license following the appointment of a voluntary administrator to help nearly 30,000 Australians and 132 Australian comp...
Will Chiliz (CHZ) surpass $0.3 during the FIFA world cup?
At the time of writing this post, CHZ was trading around $0.23, which is around the baseline (or upper range) of the Bollinger Bands. In the last two months, it has been consolidating, maintaining str...
SHIB Price May Have Found Its Bottom, Here’s What’s Next
Gamza Khanzadaev As SHIB price appears to have bottomed out, we look at what might pull it out In the last 10 days, overshadowed by the collapse of major crypto exchange FTX, SHIB has returned to leve...
Avian flu threatens British food staples, from English breakfast to Christmas dinner
Egg shortages could be on the cards as avian flu sweeps through Europe. Sam Mellish / Contributor / Getty Images LONDON — The classic English fry-up and traditional Christmas turkey dinner could be un...
Genesis Halts Crypto Lending, Blames ‘FTX Implosion’
The lending division of cryptocurrency asset manager Genesis moved Wednesday morning in New York to put a halt to customer redemptions and new loan originations. The decision stemmed from the building...
Target, Lowe’s, Carnival and others
Check out the companies making headlines before the bell: Target (TGT) – Target plunged 13.5% in the premarket after missing consensus estimates by 59 cents with quarterly earnings of $1.54 per share....
Terra Classic DEX Development Is On Track And Promises To Be A LUNC Furnace
– Advertisement – TerraCVita says LUNC DEX development is on track. The development of a decentralized exchange on the Terra Classic network is on track, according to an update from the in...
What We Know Now About Missile Strike In Poland
When a missile struck a village in Poland yesterday killing two civilians, many social media commentators were quick to declare that this was a Russian attack on a NATO member state and NATO must now ...
Tracking In-Game Digital Assets With NFTs Patent Filed by Sony
Sony plans to employ a distributed ledger (blockchain) to keep track of digital media assets. The tech giants entry into the expanding NFT gaming market is signaled. Records recently made public indic...
Top 10 assets trade flat as market lull continues
In the last 24 hours, the cryptocurrency market cap saw outflows of around $8 billion as the industry fell to $836.56 billion as of press time — down 1%. Bitcoin and Ethereum’s market cap decreased by...
LFG Audit Claims Do Kwon Didn’t Steal Terra Funds—But Can It Be Trusted?
Key Takeaways A new third-party audit of the Luna Foundation Guard has been released. The report claims that LFG used its $2.8 billion of funds in an attempt to shore up UST’s peg in May. While ...
Solana Foundation Details FTX, SBF Financial Ties as SOL Struggles
In brief The Solana Foundation today shared the extent of its financial ties to FTX and Alameda Research. SOL has lost more than half of its value since FTX revealed its liquidity crunch last Tuesday....
Bitcoin trading volume hits an 8-year high; Is this a BTC bear trap?
Bitcoin (BTC) has recently experienced increased price volatility, with the asset breaching key levels to the downside. However, the maiden cryptocurrency’s depressed price has not reflected on other ...
Is It Game Over for Solana, or Can the Ecosystem Recover?
The Solana ecosystem has suffered more than most during the FTX collapse. Its native SOL asset has been unceremoniously dumped, and investors appear to be running for the hills. Solana is heavily inte...
Grayscale’s Bitcoin Price Falls to $10,000 – Trustnodes
Bitcoin went down to four digits on Grayscale’s Bitcoin Trust (GBTC), falling to a low of about $9,000 per bitcoin. That’s at an ever widening discount of 42% at some point, with it somewhat recoverin...
Coinbase is in the spotlight
For entirely different motivations, Coinbase is attracting attention from both investors (Ark Investment Management) and regulators, such as the Securities and Exchange Commission (SEC). Cathie Wood’s...