As for chatter that all or even a majority of BlockFi’s assets were held in custody – and therefore tied up for potentially a long time and perhaps even unrecoverable – the company said that is ...
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Matt Damon Crypto.com’s Coin Is in Free Fall
Days after the FTX debacle, all eyes are now on rival Crypto.com. Investors worried about the magnitude of the consequences caused by this shock wonder if there are not other corpses in the drawers of...
Huobi’s Unit Provides ‘Unsecured Financing’ to Support Victims of FTX Drama
Vladislav Sopov Journalist and insider Colin Wu shares details of Hong Kong-based unit of Huobi’s plan to cover client losses Contents Huobi’s founder provides $14 million to cover users&#...
Crypto.com Had Been Experiencing Fluctuations In The Crypto Market
One of the largest crypto exchanges in the world, FTX, faced a huge collapse in its market price during the past week. As FTX filed for bankruptcy, it brought down all digital prices in the crypto mar...
The University of Alabama submits six crypto-focused trademark applications – crypto.news
The University of Alabama (UA), one of the first academic institutions to express interest in Web3, filed six different trademark applications with the United States Patent and Trademark Office with p...
Funds With FTX Exposure Have 7% to 12% of AUM Trapped: Report
Between 25% and 40% of cryptocurrency-focused hedge funds had some level of direct exposure to FTX or the exchange’s native token, FTT, according to a new research note. Crypto Fund Research CEO Josh ...
Thallo Lands $2.5M for Next Generation Carbon Credit Exchange Powered by Blockchain
Seed round includes Ripple, Arcan, Friendly Trading 2, Allegory, Cerulean Ventures, Flori Ventures SHARM EL-SHEIKH, Egypt–(BUSINESS WIRE)–Climate tech and web3 start-up Thallo announced today that it ...
How Tax-Loss Harvesting Could Boost Your Income This Year
(Photo credit WILLIAM WEST/AFP via Getty Images) AFP via Getty Images 2022 has been a bad year for most markets, but that could create opportunities for tax-loss harvesting. Tax-loss harvesting can pr...
FTX Fallout Continues: Visa Dumps FTX, BlockFi Still Suspended, Crypto.com Skirts a Bank Run
Key Takeaways Visa has announced that it will break off its partnership with FTX following the exchange’s collapse. Elsewhere, BlockFi said that it will continue to suspend withdrawals due to it...
DYDX and TWT Prices Soar as Decentralized Services Grow in Popularity
Over the past couple of weeks, the events that played out have led people to consider decentralized wallets and exchanges over their centralized counterparts. The coins behind decentralized wallets an...
Fed Governor Pours Cold Water On Stock Market Rally; Nvidia, AMD Take Center Stage
Major stock market indexes traded mixed in the first half of Monday’s session. A Fed governor told traders and investors on Sunday to curb their enthusiasm after last week’s spectacular pr...
Uniglo.io Announces Gigantic Token Burn for its November
SPONSORED POST* With a gigantic burn event just a few days away, there’s still time left to invest in Uniglo before it starts its ride to the moon. This comes at the perfect time for millions of inves...
BNB/USD Price Could Test $250 Support
Join Our Telegram channel to stay up to date on breaking news coverage The Binance Coin price prediction is currently facing a serious decline after being rejected at a $291 resistance level. Binance ...
GOP lawmaker donates FTX exec’s campaign contribution
Rep. Kevin Hern, R-Okla., is the latest member of Congress to donate political funds he received from an FTX executive, distancing himself after the troubled crypto exchange filed for bankruptcy prote...
Kraken Freezes FTX and Alameda Accounts, Provides Proof of Reserves
On Nov. 13, the Kraken exchange announced that it has been in contact with law enforcement regarding the accounts held by the bankrupt FTX group. It added that it had frozen any accounts linked to FTX...
Sam Bankman-Fried’s Magic Money Box Enriched Vast Crypto Network
(Bloomberg) — In hindsight, Sam Bankman-Fried’s April interview with Bloomberg’s Odd Lots podcast was a harbinger of his epic collapse last week. He described a “box” that has value only because...
Ethereum sees some heavy accumulation but is it enough for a substantial move
Buying pressure is building up supported by ETH whales and retail accumulation ETH sell pressure is gradually tapering out and may give way to a strong bullish bounce ETH holders who bought the dip la...
Financial Clean-Ups That Provide CEOs Direction
One of the best, most direct ways of staying on top of financial management is to institute simple, routine habits with a financial clean-up. getty Running your own company – from designing a st...
Binance CEO Clarifies Rumors Around API Leak
On November 13, a Binance user reported that someone gained access to his account. In addition to this, he said someone placed a big order on the AXS token, purchasing the digital assets for $1 millio...
An Initial Look at The Fallout from FTX’s Collapse
November 14, 2022, 4:37PM EST • 4 min read Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. This issue of Rapid Insights summarizes the latest d...
FTX Collapse Is a Turning Point for the Industry — ‘Crypto Bottom Is In’ – Exchanges Bitcoin News
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has investments in FTX. Following the collapse of the crypto exchange, he said it’s a turning point for the industry, emphasizing that the “crypto bot...
Arbitrum sees steady growth as airdrop speculation leads to increased earnings
Post Ethereum merge, layer-2 blockchains have been catching the eyes of users and investors alike. Research firm Delphi Digital has been tracking Arbitrum since August and recently shared its analysis...
Amazon to layoff 10,000 workers as soon a this week: Report
Amazon (AMZN) is preparing to lay off roughly 10,000 employees as soon as this week, The New York Times reported on Monday, citing unnamed sources familiar with the matter. The layoffs come as the tec...
Rebuilding Trust in Crypto’s Founding Mission
The instinctive reaction, then, familiar to all who have had trust broken, will be to vow to never be that vulnerable again. In finance, we do now have the technology to facilitate a relatively trust-...
Why The Lame Duck Session Will Be Crucial For January 6 Investigation And Election Legislation
Topline Congress returned to Washington on Monday to begin its final session before new members take office in January, and lawmakers are expected to address several measures related to the January 6 ...
Ethereum (ETH) Price Analysis for November 14
Even though the bearish pressure remains relevant, some coins have come back to the green zone. ETH/USD Ethereum (ETH) is one of the biggest gainers today, going up by 1.43%. On the hourly chart, the ...
Nu Holdings’s Q3 profit bests estimate; shares rise
Nu Holdings reported a surprise net profit of $7.8 million, besting analyst expectations for a net loss of $9 million. The Sao Paulo-based neobank’s third-quarter revenue totaled $1.3 bill...
Crypto Exchange ‘Proof of Reserves’ Not Calming Investor Fears
Crypto exchanges are trying to prevent a liquidity crisis by proving there is no liquidity crisis. It doesn’t seem to be working. After FTX went under, crypto exchanges Crypto.com and OKX created so-c...