The bankrupt cryptocurrency lender Celsius has received approval for a January 3, 2023, bar date. The bar date is the deadline for Celsius users to file claims for entities held until July 13. Celsius...
Tag: crypto news
Web3 platform bringing censorship-resistant domain names – crypto.news
Unstoppable Domains is a Web 3 company that seeks to connect internet users with blockchain technology through blockchain domains. This company offers digital DNS that is embedded in blockchain techno...
US President Joe Biden is pushing for tighter crypto regulations – crypto.news
During the G20 leaders’ summit in Indonesia, US President Joe Biden issued a statement in response to the FTX fiasco. Biden calls for stricter international crypto regulation, which would compel crypt...
what is it and why does it matter? – crypto.news
Ethereum Name Service (ENS) is a domain naming service designed especially for the Ethereum network and focused on Web 3.0 projects. ENS helps assign domain names to individual users’ or projects’ cry...
FTX’s recent account drainer dumps 50,000 ETH – crypto.news
A hacker took advantage of FTX’s financial woes and looted roughly $600M worth of cryptocurrencies on Friday. Since then, the looter has been trying effortlessly to move the funds to an untraceable ch...
Bitcoin.com launches “CEX Education Program” to help promote DeFi – crypto.news
Bitcoin.com has stepped in to help those impacted by the recent failures and insolvencies of significant crypto exchanges. The entity announced the establishment of a program that will compensate thos...
Celsius interim report reveals custody program issues on reimbursement – crypto.news
A new report by the examiner of the bankrupt crypto lender, Celsius Network, details shortfalls in controls and operations at two of the company’s product offerings related to digital assets it held i...
Bank Of America drops Coinbase over FTX’s misdoings – crypto.news
Bank of America decided to stock downgrading due to the FTX crypto exchange disaster and its impact on the cryptocurrency market. Major investment bank Bank of America decided to slash its price targe...
NFT marketplace X2Y2 follows rival, OpenSea in enforcing royalties – crypto.news
The NFT marketplace X2Y2 announced that it has removed “Flexible Royalty”, its original practice of letting users choose royalties, saying it will now enforce royalties on all collections. X2Y2 tails ...
FTX contagion time-bomb will “detonate many trading firms” – crypto.news
The Crypto firm Multicoin said they expect to see the contagion fallout from FTX/Alameda over the next few weeks, and many trading firms will be wiped out and shut down. Multicoin regrets putting “too...
Bitstamp delists FTT and CEL trading – crypto.news
Bitstamp announces halting trading of FTT and CEL as from November 22, 2022, at 12:00 PM UTC. The exchange is set to disable new orders and cancel existing orders for all FTT and CEL trading pairs. It...
BudBlockz will reach top 100 crypto On CoinMarketCap by 2024 – crypto.news
Cryptocurrencies and Non Fungible Tokens (NFTs) have become game changers in the financial industry. Their decentralized nature brings a fresh perspective to a sector known for its strong traditional...
Were Binance’s Proof-of-Reserves cooked? – crypto.news
According to an analysis from a Reddit user, Binance transferred 2.7 Billion USDT to another wallet within 20 hours after their proof of reserves was published. This wallet is not listed as a Binance ...
FTX executives bought luxury houses using user funds – crypto.news
According to a recent bankruptcy filing originally made public by CNBC, FTX’s corporate funds were used to buy properties in the Bahamas and other personal assets. Less than a week after the now-infam...
FTX lent BlockFi $250 million in FTT – crypto.news
Bankrupt Crypto Exchange FTX has revealed in its first-day Declaration a loan of about $250 million FTT awarded to BlockFi, a popular US crypto lending platform. According to the report published yes...
New FTX CEO criticizes the integrity of the exchange – crypto.news
In an itching legal brief on Thursday, John Ray III, who oversaw bankruptcy cases such as Enron, the new CEO of the insolvent cryptocurrency exchange FTX identified that the company had experienced a ...
Binance CEO criticizes Sam Bankman Fried’s actions – crypto.news
The CEO of the largest crypto exchange, Binance, blasted the actions of the previous leader of the defunct exchange FTX and the opinions of economist Nouriel Roubini on the FTX matter. Interview with ...
Nexo reportedly offered $850 million to acquire rival BlockFi in July – crypto.news
\n According to an ‘indicative investment proposition’ document, cryptocurrency lender Nexo made an unfulfilled bid to buy ailing rival BlockFi as part of a planned deal valued at roughly $850 million...
Popular crypto Twitter personality says FTX collapse was a premeditated crime – crypto.news
Adam Cochran revealed in a Twitter post on November 17, 2022, how the troubled FTX CEO Sam Bankman-Fried deliberately mismanaged customer funds which led to the exchange’s collapse. Adam Cochran demys...
Sam Bankman-Fried set to face lawsuit for fraud in New York – crypto.news
Manhattan Authorities are likely to investigate the alleged misappropriation of funds between FTX and Alameda Research. Fox News correspondent Charles Gasparino cites insiders at the Manhattan US atto...
FTX Group establishes Kroll to update users on legal proceedings – crypto.news
\n FTX Group has created a Kroll webpage to update the world on its legal proceedings after the company filed for Chapter 11 Bankruptcy. The webpage will be available for the public to access all offi...
CommBank announces migration to XRP standard starting November 2022 – crypto.news
Australian Commonwealth Bank is transitioning cross-border payments to the ISO 20022 Standard, a standard already met by Ripple. CommBank to begin using XRP standard Following Ripple, Australia’s larg...
VeChain launches the eco-friendly PoA 2.0 – crypto.news
The leader in real-world adoption of public blockchain technology, VeChain Foundation, ushers in an era of sustainable blockchain without relying on insufficient renewable energy. Blockchain sustainab...
TSM suspends FTX $210M partnership deal – crypto.news
Esports giant, Team SoloMid (TSM) has suspended a 10-year, $210-million sponsorship deal with FTX. TSM, among others, backpedals from FTX The popular sports club TSM, on their Twitter page today, anno...
Long term Bitcoin HODLers reaches all time-high – crypto.news
Those among bitcoin holders that can stomach the current volatility are keeping onto their bags, on a large scale. Data provided by on-chain analytics firm, Glassnode, shows that earlier today, the pe...
SEC’s decision on 21Shares spot Bitcoin pushed to January – crypto.news
The US Security and Exchange Commission (SEC) has postponed its decision date over 21Shares’ Bitcoin application. The decision period was pushed to January 2023 simply because, according to the announ...
Temasek writes off $200m+ after FTX liquidates – crypto.news
Per details from sources related to the story, Temasek lost over $200 million to the FTX run down. The fund was an investment in the cryptocurrency firm weeks before it imploded. Temasek to delete $2...
FTX and Sam Bankman-Fried have been sued in the US – crypto.news
Crypto investors in the US have initiated a class action suit against FTX and its founder, Sam Bankman-Fried. Celebrities who helped to promote the exchange were also included in the suit. The suit wa...
Grayscale claims commerce is continuing as normal with its assets – crypto.news
Following Genesis Global Capital’s withdrawal freeze, Grayscale stated that its products are functioning “business as usual” and that “recent events” have not influenced operations. Grayscale said it ...
Nexo allays customers’ fears as FTX’s death spiral claims more victims – crypto.news
The crypto-lending platform has assured customers that their funds are safe after Genesis’ Crypto-Lending Unit Halted Customer Withdrawals in the wake of the FTX Collapse. The company made this announ...
Crypto exchanges release “proof of reserves” – crypto.news
Many crypto exchanges worldwide were rushing to publish proof of reserves to reassure investors their assets were safe in the wake of the FTX meltdown. A round-up of some popular exchanges seems to di...