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...
News
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...
The Fed risks plunging U.S. economy back into a 1930s-style Great Depression, warns Cathie Wood
The United States is teetering on the edge of another Great Depression, ARK Invest’s Cathie Wood warns, and the Federal Reserve will take the blame if it does. It is not the absolute increase in Fed r...
The Impact Collective Adds New Technology and Fundraising Features to its NFT Marketplace
La Jolla Playhouse Partnered with The Impact Collective to Provide a Digital Collectible to Donors for its Annual Innovation Night SAN DIEGO–(BUSINESS WIRE)–#DigitalArt—The Impact Collective announced...
Biden’s Student Loan Forgiveness Plan Kept On Hold As Court Sides With GOP States
Topline The Biden Administration will remain blocked from dispersing student loan forgiveness to millions of borrowers, at least while litigation against its policy plays out, as a federal appeals cou...
FTX autopsy triggers Hoskinson-Schwartz feud over allegations of SEC corruption
A Twitter spat erupted as Input Output CEO Charles Hoskinson commented over alleged SEC corruption, deriding the claim that the securities regulator singled out Ripple and the XRP token. John E. Deato...
Biden nominates Gruenberg for full FDIC chairmanship
President Joe Biden nominated Martin Gruenberg to chair the Federal Deposit Insurance Corporation, one of the U.S. banking regulators. Gruenberg has occupied the role in an acting capacity sinc...
Why Was Cosmos Hub’s ATOM 2.0 Proposal Rejected?
Key Takeaways A hotly contested vote saw the Cosmos Hub community rejecting the proposal to implement the ATOM 2.0 whitepaper. 37.99% of the tokens voted “NoWithVeto,” signaling strong pushback from t...
Billionaire Mark Cuban Says FTX ‘Blowup’ Has Little To Do With Crypto – Here’s What He Means
Billionaire entrepreneur Mark Cuban says the recent crypto market cataclysm triggered by the collapse of FTX has more to do with banking failures than crypto itself. The Shark Tank investor tells his ...
Bitcoin Mining Firm Canaan Sees 74.8% Decline in Profit for Third Quarter
Chinese ASIC-maker Canaan Creative announced a 74.8% drop in gross profit for the third quarter as Bitcoin prices cause miners to operate at a loss. The company racked up a profit of approximately $32...
Coinbase CEO Brian Armstrong Says Sam Bankman-Fried Probably Committed Fraud, Warns of More FTX Contagion
Coinbase CEO Brian Armstrong is weighing in on the collapse of crypto exchange FTX, saying that the firm’s CEO Sam Bankman-Fried probably committed some form of fraud during the ordeal. In a new inter...
Elon Musk on Twitter: Bitcoin will make it
Today Elon Musk wrote on Twitter that Bitcoin will make it. BTC will make it, but might be a long winter — Elon Musk (@elonmusk) November 14, 2022 However, he also added that the crypto winter will b...