SBF’s $16 billion fortune sees a 94% wipeout – here’s why

Sam Bankman-Fried’s net worth just a few days ago was nearly $16 billion. The FTX founder and CEO ranked among the 500 richest people in the world as of this week. SBF, as he’s fondly known in the cry...

LUNA Collapsed as it was not Decentralized and So Will XRP

The year 2022 is not lesser than a roller coaster ride which was experienced by most crypto assets. Additionally, the advancement of the Ripple vs SEC lawsuit also is agonising for the XRPArmy, as the...

‘It’s a touchy subject’: My in-laws live in our basement. They gave us our 20% down payment. Should we charge them for renovations?

Last year, my husband and I approached my in-laws to see if they wanted to live with us. We had learned that my father-in-law had terminal cancer but could still live five to seven years in remission,...

Altcoins To Look Out For In November: Terra (LUNA), Gala…

In the past, Terra (LUNA) and Gala (GALA), which ranks below 200 in the cryptocurrency market, and the rest of the market have done well in October.  This might be one of the factors contributing to t...

XBO – A Innovative Style of Crypto Trading is Causing a Sensation

Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and tech...

Stablecoin Giants Tether, Circle Disclose Financial Relationship With FTX, Alameda

Amid the chaotic meltdown, asset movement from Circle to FTX surfaced. It was also reported that Alameda could be the second-largest issuer of Tether. CEO of USDC issuer, Jeremy Allaire, assured the c...

Binance to buy non-US operations of FTX

FTX is facing a liquidity crunch, and there is a dire need to protect customers. The venture has, therefore, sought assistance from Binance by offering it to buy the non-US operations. Reportedly, Bin...

DeFiLabs: An AI-integrated DeFi staking platform

Market Data Forecast’s report on the FinTech industry predicts that by the end of 2026, the market value of DeFi will be $324 billion.  DeFi or Decentralized Finance in simple words talks about the de...

Here’s how five states voted on the legalization of recreational marijuana

Marijuana activists hold up a 51-foot inflatable joint during a rally at the U.S. Capitol to call on Congress pass cannabis reform legislation on Tuesday, Oct. 8, 2019. Caroline Brehman | Cq-roll Call...

Galaxy Reveals $76 Million Exposure To FTX Exchange

Investment firm Galaxy Digital has been affected by the consequences of the “crypto exchange wars” between FTX and Binance. The former platform entered into a non-binding agreement with Binance to pot...

Pittsburgh Steelers Hope To Get Boost From T.J. Watt Return

FILE – Pittsburgh Steelers linebacker T.J. Watt (90) looks on before an NFL football game, Sunday, … [+] Oct. 9, 2022, in Orchard Park, NY. Watt returned to practice this week after tearin...

Solana Set To Give Apple And Samsung A Run For Its Money With New Offerings and Partnerships ⋆ ZyCrypto

Advertisement &nbsp &nbsp Helium network enters into a partnership with Solana to provide carrier support for its upcoming mobile phone. Solana’s mobile device has been touted...

LBank Exchange Will List Kusunoki Samurai (KUSUNOKI) on November 10, 2022

INTERNET CITY, DUBAI, Nov. 8, 2022 – LBank Exchange, a global digital asset trading platform, will list Kusunoki Samurai (KUSUNOKI) on November 10, 2022. For all users of LBank Exchange, the KUSUNOKI/...

Carvana Stock Drops Amid Used Car Price Declines

Getty Images Key takeaways Used car marketplace Carvana saw its stock plunge 48% in two days after abysmal third quarter earnings Carvana stock is down almost 97% year-to-date (YTD) as an overheated a...

FTX Subsidiary Alameda Research’s Assets And Debts On DeFi

Crypto exchange FTX reached out to rival crypto exchange Binance for seeking help with the liquidity crisis. As a result, Binance signed a non-binding LOI with the intent to acquire FTX. Meanwhile, Al...

Singapore state investor Temasek engaging with FTX as a shareholder: Reuters

Singapore government-owned investment firm Temasek said it’s monitoring the situation with crypto exchange FTX, one of its investments, according to Reuters.  “We are aware of the de...

FTT Fire Sale Sends Token Over 70% Lower, SOL Also Falls Significantly – Market Updates Bitcoin News

FTX Token plunged by over 70% in today’s session, as sentiment surrounding Binance’s potential buyout of FTX continued to raise market eyebrows. Following speculation that FTX could be insolvent, Bina...

Bitcoin (BTC) Loses Previous All-time High Of $18,000; Here Is What To Expect

 BTC’s price loses its $18,000 all-time high support as the price trades to a region of $17,000 before bouncing off this region.   BTC’s price continues to look bearish with the market’s current state...

AllianceBlock launches solution enabling users to prove their digital ID without compromising privacy

AllianceBlock announced on November 9 the launch of its Trustless IDentity Verification (TIDV) solution on Mainnet. The initial integration will take place through the Fundrs platform with the aim of ...

Cathie Wood’s Ark Invest Buys Additional $21.4M Worth of Coinbase Stock

Following its purchase of Coinbase stock at the end of October, Ark Invest has added an additional 420,949 units of COIN. Ark Invest recently purchased 420,949 more units of Coinbase stock (NASDAQ: CO...

Crypto fans should get behind Elon Musk’s subscription model for Twitter

Like many people, I was originally dubious of Elon Musk’s takeover of Twitter given his historic tendency to make bold promises but later back away. That said, there is merit to his idea of adding a s...

Meta Platforms cutting 13% of its workforce ‘doesn’t fix the problem’

Meta Platforms Inc (NASDAQ: META) opened in the green again this morning after the tech behemoth said it was cutting 13% of its global workforce. Meta is laying off over 11,000 employees The layoff wi...

Crypto Financial Firm Galaxy Digital Reveals $76.8M Exposure Linked to FTX

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Sam Bankman-Fried’s ‘Emperor’ Aura Makes Downfall a Crypto Stunner

(Bloomberg) — Sam Bankman-Fried was supposed to be different than the run-of-the-mill crypto types. He was this wunderkind, a 30-year-old with a preternatural gift for math who had quickly built...

Australian Crypto Fund Sells FTX (FTT) Tokens

Alex Dovbnya Things are seemingly getting worse for FTX (FTT) token DigitalX, an Australian cryptocurrency fund, has decided to liquidate its FTX (FTT) token holdings in light of the recent FTX/Binanc...

Chiliz and Aptos Are Plummeting In Value! – Top Reasons Why Snowfall Protocol Is A Better Choice!

It’s no secret that Chiliz (CHZ) and Aptos (APT) have been on a downward spiral lately. Both tokens have lost a significant amount of value, and it doesn’t look like things are going to improve anytim...

Galaxy Digital CEO Michael Novogratz ‘Angry’ About FTX

Galaxy Digital is tied up in the pandemonium that hit crypto markets in recent days, which have seen FTX beset by a liquidity crisis and Binance CEO Changpeng Zhao revealing his company’s intention to...

Cardano (ADA) falls short of buyers and fails to reach $0.45!

Cardano is down these days! However, it may be an opportunity to buy for the long term because of the following three reasons. It is one of the top ten cryptocurrencies by market capitalization, so it...

KuCoin lists AirDAO’s $AMB token with a $USDT pair

– Advertisement – Lausanne, Switzerland, 9th November, 2022, Chainwire   KuCoin has announced it will list AirDAO’s $AMB token with a USDT pair on November 9th.   The announcement gives Ku...

Volvo reveals new $80,000 electric SUV with Luminar lidar

Volvo’s plans to exclusively sell all-electric vehicles by 2030 kicked off Wednesday with the reveal of its EX90 – the first in a new lineup of EVs for the Swedish automaker. The carmaker is cal...

DECARD and Africa Investor Announce Partnership at COP27

COPENHAGEN, Denmark–(BUSINESS WIRE)–Current finance flows are insufficient to achieve a net-zero emission and resilient economy by 2050 (UNFCCC, 2021). DECARD and Africa Investor partner up to mobilis...

Binance’s rescue of FTX shows no crypto company is ‘too big to fail’

Binance CEO Changpeng Zhao speaking at a press conference during Web Summit 2022. Ben Mcshane | Sportsfile | Getty Images Binance’s agreement to salvage rival cryptocurrency exchange FTX from co...