FTX CEO John Ray refuted Sam Bankman-Fried’s contention that FTX US has enough segregated funds on hand to re-open user withdrawals. The CEO laid out the core structural flaws that led to ...
Tag: Details
Amber Group Claims ‘False Allegations’ Against Company, Provides No Details
Amber Group has yet to publicly address the latest reports around its financial health, outstanding liabilities, and its retail business, despite saying certain claims against the company have been in...
Former SEC chair details what to expect from Bankman-Fried’s December 13 Congress hearing
Former Securities Exchange Commission (SEC) chair Jay Clayton has shared what is likely to happen when ex-FTX crypto exchange CEO Sam Bankman-Fried (SBF) appears before Congress on December 13. Notab...
XRPL “Layer 2” Smart Contract Platform Marks Significant Milestone: Details
Tomiwabold Olajide XRPL L2 smart contract platform celebrates upscale performance without hitch Evernode, a project bringing “Layer 2” smart contracts to XRP Ledger, is celebrating a new m...
Crypto with PayPal is Finally here, Find here The Details
PayPal initially rolled out crypto service in the U.S. in 2020. Then following its U.K. expansion in the previous year. The payment giant now moves towards a European Union country. PayPal’s Expansion...
Coinbase urges users to switch from USDT To USDC, details inside
Coinbase waived USDT-USDC conversion fees. It is the second CEX to do so after Binance. Coinbase has taken aim at Tether (USDT) with its latest blog post, as it promoted USD Coin (USDC) as a safer sta...
Solana Successfully Competed with Ethereum Before FTX Crash: Details
Gamza Khanzadaev Solana was outperforming Ethereum in some blockchain metrics in third quarter of year Crypto analytics portal Nansen presented detailed data regarding Solana (SOL) performance in the ...
LINK: Looking into the details of Chainlink staking v0.1 early access launch
Chainlink witnessed massive volatility after the launch of its staking protocol Interest in staking gradually declined as selling pressure took over Chainlink witnessed quite a lot of volatility in it...
XRP Will Become Available for Purchases by Fiat in UK and France: Details
Gamza Khanzadaev Xumm Wallet announces expansion of its XRP ramp solutions, with plans already in place for UK and France The ability to buy and sell XRP for fiat currencies will soon be available in ...
Is Bitcoin Bottom In? Top Crypto Analyst Details Two Scenarios That Could Signal BTC Reversal
Popular cryptocurrency analyst and trader Jason Pizzino is outlining two scenarios that could indicate the end of the Bitcoin (BTC) bear market. Pizzino tells his 279,000 YouTube subscribers that the ...
Ethereum sidechain Gnosis Chain to execute merge, details inside
Ethereum sidechain Gnosis Chain is going to execute a Merge on 8 December. Gnosis Chain transitions from PoA to PoS, following Ethereum Merge. This will be the second-ever Merge in the blockchain indu...
SHIB Hits Big New Milestone in Past 2 Days: Details
Yuri Molchan Over last two days, Shiba Inu token has reached impressive new milestone Contents 2,045 new SHIB users added in 48 hours Whales again hold trillions of SHIB As the army of Shiba Inu holde...
200,000 BTC, More Than 1,000,000 ETH Left CEXes: Details
Arman Shirinyan Billions worth of cryptocurrencies are leaving market as trust between exchanges and traders suffers The great migration of cryptocurrencies off of exchanges continues: investors are r...
Cardano’s Stablecoin Djed Testnet ‘Reactivated’: Details
Vladislav Sopov Djed, hotly anticipated algorithmic stablecoin on Cardano (ADA), now supports Vasil specifications on its test network Contents Cardano’s stablecoin Djed is being stress tested w...
Goldman Sachs to spend tens of millions on devalued crypto firms, details inside
Global investment bank Goldman Sachs plans to spend tens of millions of dollars on those crypto firms whose valuations were slashed following the collapse of crypto exchange FTX, as per a Reuters repo...
Cardano’s ADA Remains Slightly Below “Fair Value” per Metric: Details
A Cardano community-focused Twitter account, ADA Whale, shares an interesting post on ADA valuation. Making an update on a post he made earlier in the year, he arrived at the deduction that ADA is sli...
79 Committee Proposal goes live, TRON shares details
The No. 79 Committee Proposal brings two changes to the table for the developers and users of the TRON Network. To start with, it is already live with no possible issues. The No. 79 Committee Proposal...
FTX US Acquired LedgerX is UP for Sale, Find Here The Details
According to the report, FTX US acquired LedgerX is all-set for sale. The firm is one of few solvent pieces of FTX, and as per the report there are at least 10-firms which have shown interest in buyin...
Cardano Network 8 Times More Decentralized Than Ethereum, Here Are Details
Tomiwabold Olajide Cardano networking layer might be found to be eight times more decentralized than networking layer of Ethereum According to crypto researcher Sooraj, the Cardano networking layer mi...
Chainlink Staking v0.1 to launch on Ethereum mainnet, details inside
Chainlink announces a new update regarding its staking Even though its social engagements and mentions grew, Chainlink’s weighted sentiment declined Through a tweet on 1 December, Chainlink announced ...
Analyst Michaël van de Poppe Says Ethereum-Based Altcoin May Erupt 100%, Details ‘Top 3’ Crypto Assets to Watch
A widely followed crypto analyst is updating his outlook on three of the largest digital assets on the market. Starting with Binance Coin (BNB), crypto strategist Michaël van de Poppe tells his 164,00...
World’s Largest Broker Enters Crypto Space Amid FTX Debacle: Details
The world’s largest brokerage firm TP ICAP has obtained a cryptoasset provider license from the UK Financial Conduct Authority (FCA), the company said on Thursday. The broker has entered the crypto ma...
“Hell of a Number” of SHIB Tokens Burned in November: Details
Yuri Molchan Number of SHIB burned growing on monthly basis, along with SHIB adoption scale Contents 666 million SHIB gone last month SHIB accepted by Hublot, Elon Musk and elite sports car maker Comp...
The Block: Sam Bankman-Fried details two factors that led to FTX’s demise: NY Magazine
Former FTX CEO Sam Bankman-Fried has been doing a lot of apologizing. From saying so on Twitter to repeating it during yesterday’s keynote interview at the New York Times’ DealBook Summit....
General Electric sets details of healthcare division spin-off
General Electric has announced the details of its healthcare division spinoff set for the beginning of the new year. The soon-to-be-public company is being valued at roughly $31 billion, according to ...
UNI Price Spikes on Uniswap’s Major Announcement: Details
Uniswap has officially announced the addition of support for NFT trading. According to the announcement, users will be able to make NFT trades between all leading marketplaces. Among the sites where U...
Compound tightens its rules to prevent Aave-like exploit, details inside
Compound DAO had voted unanimously to implement changes in the rules of the protocol This move was motivated by the need to keep the protocol safe after the Aave exploit Recently, COMP holders at Comp...
Trillions of SHIB Moved by Whales and Crypto Exchange Under Fire: See Details
Yuri Molchan Whales and this harshly attacked exchange have moved over two trillion Shiba Inu Contents 2.3 trillion canine tokens exchange hands Binance and CZ under fire from “Dr. Doom” R...
Bitcoin on Track for Biggest Monthly Loss After Terra Collapse: Details
Bitcoin might be on track to post its biggest monthly loss since June following the shocking and tragic FTX collapse in November. Bitcoin is currently down 18% in November, according to TradingView da...
European Crypto Providers Should Report Tax Details As per New EU Bill
The post European Crypto Providers Should Report Tax Details As per New EU Bill appeared first on Coinpedia Fintech News Crypto providers will have to report details of their EU clients’ transactions...
SHIB Now Accepted as Payment for Swedish Sports Cars: Details
SHIB holders can now use their assets to buy Koenigsegg hypercars through crypto payment processor BitPay. Koenigsegg hypercars are luxury car brands from the Swedish manufacturer of high-performance ...