Binance is reportedly not likely to proceed with the FTX deal, according to persons close to the companies. While due diligence was part of the non-binding acquisition agreement, Binance is reportedly...
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Starknet reveals new governance entity, StarkNet Foundation
Ethereum scaling protocol Starknet announced a new governance organization called the Starknet Foundation, which will lead grants and funding for new Starknet protocols and aim to create standards tha...
Binance Bails Out From FTX Takeover Deal
Binance has announced that it will “not pursue the potential acquisition of FTX.” Binance on Twitter announced the crypto exchange would end the acquisition plans because, among other reas...
Coinbase, Robinhood Lead $10 Billion Rout in Crypto Mayhem
(Bloomberg) — Robinhood Markets Inc. and Coinbase Global Inc. took another beating Wednesday as Binance Holdings Ltd.’s bailed on its deal to buy FTX.com, sending another shock through the rattl...
Binance Makes a Proof-of-Reserve Pledge
After the market chaos that ensued earlier this week, Binance, and many other firms have pledged to soon start a Proof-of-Reserves audit system to allow verification of its digital asset holdings. CEO...
Jean-Michel Basquiat’s Last New York Apartment Is On The Market—For $60,000 A Month
Topline The New York apartment where Jean-Michel Basquiat lived and worked for the last five years of his life has hit the rental market for $60,000 a month, as demand for the late artist’s work conti...
CHZ investors must keep a close watch on the FTX acquisition for these reasons
Following the market downturn on 8 November, Chiliz [CHZ] broke out of a rising wedge to suffer a 17% price decline in the last 24 hours Buying pressure declined significantly on a daily chart as sel...
Sequoia says its investment in FTX is now worthless
Sequoia Capital, a leading venture capital firm, said in a letter to its limited partners that it has marked down the value of all its investments in FTX to zero. The letter, sent today by th...
Litecoin (LTC) Price Analysis: Main Support Nearby At $48
Litecoin started a major decline from the $75 resistance zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There was a break below a major bull...
Amazon Becomes World’s First Public Company to Lose $1 Trillion in Market Value
(Bloomberg) — Amazon.com Inc. is the world’s first public company to lose a trillion dollars in market value as a combination of rising inflation, tightening monetary policies and disappointing ...
Crypto Exchanges Rush To Provide Proof-of-Reserves Following FTX Crisis
After the liquidity issue of FTX, consumer fears of insolvency have increased, but some of the major cryptocurrency exchanges on the market have reassured that they will soon reveal confirmation of th...
Biden Takes Victory Lap In First Remarks After Midterms
Topline President Joe Biden congratulated Democrats on Wednesday for what he said were strong midterm performances in his first comments since the election, while acknowledging he is “prepared t...
Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX – Bitcoin News
According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bai...
Justice Department joins SEC in FTX probe: WSJ
For collapsed cryptocurrency exchange FTX, legal troubles are mounting. The Department of Justice (DoJ) and the Securities and Exchange Commission (SEC) are working together to investigate FTX’s...
Polygon (MATIC) Looks Good Above $0.75 Despite Market Turmoil; Here Is Why?
MATIC’s price loses its $1 support as the price trades to a region of $0.8. MATIC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and in...
Inflation likely eased slightly from last month
U.S. inflation likely remained stubbornly high last month despite efforts by the Federal Reserve to get a grip on prices that have surged at a historic pace. The Bureau of Labor Statistics’ Cons...
Ramp, builder of crypto payment rails, raises $70M
Crypto-focused fintech company Ramp has raised $70 million in venture capital, upping its pledge to continue building a unified payment experience for digital assets. The Series B investment round wa...
Warzone’s Rebirth Island And Fortune’s Keep Maps Are About To Go Away (Possibly For Good)
Warzone Credit: Activision Warzone 2.0 is just around the corner, and that means a brand new map—Al Mazrah—and a ton of new content including the exciting new DMZ mode to explore. However, the new bat...
Binance-FTX Deal Will Bring Regulatory ‘Scrutiny’ on Crypto Exchanges: Blockchain Association’s Kristin Smith
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Andreessen Horowitz General Counsel Does Not Think Ripple Can Win
Gamza Khanzadaev a16z executive expresses controversial view on Ripple v. SEC, here’s what he said General counsel and head of decentralization at Andreessen Horowitz (a16z), Miles Jennings, sai...
‘Beyond Our Ability to Help’
One day after crypto exchange Binance announced its intent to acquire competitor FTX for an undisclosed amount, the company pulled out of the deal. “Our hope was to be able to support FTX’s customers ...
Bitcoin Price Tanks Below $16K As Binance Pulls FTX Deal
Crypto and stocks extended their declines Wednesday as investors kept their eyes peeled for pending midterm election results and updates regarding apparently canceled plans for Binance to purchase FTX...
China Wealth Creation: New Realities In 2022
This story appears in the November 2022 issue of Forbes Asia. Subscribe to Forbes Asia Getty This story is part of Forbes’ coverage of China’s Richest 2022. See the full list here. ss China as a marke...
Israel Crypto Conference Returns to ZOA Tel Aviv on December 7
– Advertisement – Tel Aviv, Israel, 9th November, 2022, Chainwire The winter edition of Israel Crypto Conference (ICC) is returning to ZOA Tel Aviv on December 7. The day-long event will b...
FTX tells investors bankruptcy is likely without fresh cash: Bloomberg
FTX founder and CEO Sam Bankman-Fried told investors that the crypto exchange would need to file for bankruptcy without a cash injection, Bloomberg News reported, citing a person with direct knowledge...
Dividend Stocks: Natural Gas Giant Williams Cos. Heating Up
Natural gas giant Williams Cos. (WMB), which is in IBD’s Dividend Leaders screen, is in focus, boasting strong growth prospects and a solid yield. X Williams Cos. — headquartered out of Tulsa, O...
Alameda Research website goes private following FTX collapse
Alameda Research, the trading firm founded by FTX CEO Sam Bankman-Fried, has put its website into ‘private mode.’ The Squarespace-hosted website was updated on Nov. 9 to only be viewable to internal t...
Why Digital Identification Is Essential to a Seamless Cross-Chain Experience
HodlX Guest Post Submit Your Post It’s common knowledge that Web 3.0 needs a better user experience for the next massive wave of adoption to take place. However, what isn’t discussed enough is the ...
Explore AgoraBank: A Pioneer CeDeFi Bank of the People
Decentralized finance (DeFi) is a popular new concept from blockchain technology which was inspired by the autocratic tendencies of the established centralized finance (CeFi) institutions like traditi...