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Tag: news
Regulating Crypto ‘Should Be Combined With Education’ Says Top Wadzpay Executive – Interview Bitcoin News
The collapse of Do Kwon’s Terra empire in May, and Sam Bankman-Fried’s FTX in early November 2022, will be remembered as two incidents that put the crypto industry on the back foot. It is now widely e...
Spanish Securities Regulator CNMV Warns About Crypto Investments; Calls for Caution After FTX Downfall – Regulation Bitcoin News
The Spanish securities regulator (CNMV) has warned investors against putting funds in crypto-related companies. Montserrat Martinez Parera, vice president of the organization, stated that lack of cont...
BlockFi is in bankruptcy- The Cryptonomist
The news had been circulating in the crypto industry for days: BlockFi is insolvent and had to file for Chapter 11. On 10 November, in the midst of FTX’s collapse, they had declared that withdrawals ...
Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction – Mining Bitcoin News
Bitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next difficulty retarget is expected to see a significantly large reduction. Estimates show the next difficulty re...
Winners, News And Notes On November 28, 2022
Becky Lynch returns to WWE Raw Credit: WWE.com WWE Raw advertised Dexter Lumis vs. The Miz for the right to earn a WWE contract, the Raw return of “The Man” Becky Lynch and The Street Profits returnin...
Don’t Forget the Importance of Censorship Resistance – Op-Ed Bitcoin News
Since people are once again talking about self-custody as one of crypto’s unique strengths, I would like to remind everyone about an equally important fundamental value proposition of crypto that, in ...
FTX News Coverage:
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If I Were Sam Bankman-Fried, I’d Be Afraid of Going to Jail for a Long Time – Featured Bitcoin News
The billionaire owner of the NBA team Dallas Mavericks and a Stark Tank star, Mark Cuban, says that if he were the former FTX CEO Sam Bankman-Fried, he would be afraid of going to jail for a long time...
Doug Kass: 10 Reasons Why I Am Shorting Apple
Last week I initiated a short in Apple (AAPL) — and I added to my short on both Wednesday and Friday. Here is my investment rationale: 1. While the Apple eco system remains formidable (no surpr...
JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse – Regulation Bitcoin News
JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initia...
Bob Iger’s fast start back as Disney’s CEO is welcome news to shareholders like us
Bob Iger, who returned last week as CEO of Disney (DIS), told employees Monday he intends to maintain the company’s current hiring freeze. He also reiterated the need for Disney to pivot its str...
Kevin O’Leary Reveals How He Almost Secured $8 Billion to Rescue FTX Before It Collapsed – Exchanges Bitcoin News
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared how he and Sam Bankman-Fried (SBF) almost raised $8 billion from institutional investors to save crypto exchange FTX before it collapsed. H...
Amid Civil Unrest in China, Gold and Silver Prices Hold Steady — Equity, Crypto Markets Flounder – Market Updates Bitcoin News
Reports on Monday detail that the zero-Covid policy protests in China have lowered market sentiment as U.S. equity markets show the top four Wall Street indexes are struggling. The global crypto marke...
Crypto Lender Blockfi Files for Bankruptcy Protection to ‘Maximize Value for All Clients’ – Bitcoin News
On Nov. 28, 2022, the crypto lender Blockfi informed the public via a press release that the company has voluntarily petitioned for Chapter 11 bankruptcy protection. Blockfi is now one of many digital...
Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity – Altcoins Bitcoin News
It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former s...
DOGE Down 10%, XRP Extends Declines – Market Updates Bitcoin News
Dogecoin was down by as much as 10% to start the week, as the token retreated from Sunday’s high. The meme coin raced to a three-week high over the weekend, however bulls appeared to have abandoned th...
Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months – Altcoins Bitcoin News
During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that tether, the ...
BTC, ETH Start Week Lower as Bearish Sentiment Returns to Markets – Market Updates Bitcoin News
Bitcoin fell to a six-day low to start the week, as the token moved closer to the $16,000 level. The drop sees prices fall for a fifth straight session, with overall sentiment in the cryptocurrency ma...
Salvadoran Group Files Lawsuits Against President Nayib Bukele on Lack of Transparency in Bitcoin Purchases – Emerging Markets Bitcoin News
Cristosal, a Salvadoran nonprofit human rights organization, has filed three lawsuits related to President Nayib Bukele’s management of public funds to purchase bitcoin. The processes are being run be...
Minimax․Finance Announces the Integration of VERSE DEX – Press release Bitcoin News
press release PRESS RELEASE. Minimax.Finance integrated the recently launched VERSE DEX to provide the Minimax community with more options for cost-effective swaps on Ethereum network. VERSE pools are...
Argentina to Revamp Anti Money Laundering Law, Proposes Creation of VASP Registry – Regulation Bitcoin News
Argentina is preparing to revamp its anti-money laundering and terrorism financing law. It has proposed to include the creation of a registry for virtual asset services providers (VASPs) in the countr...
Nigerian Crypto Exchange Quidax Cuts Its Workforce by 20% – Exchanges Bitcoin News
As it reels from the effects of what it termed a global economic downturn, the Nigerian digital asset exchange platform, Quidax, recently said it had laid off employees who constituted 20% of its work...
New British Brimstone 2 Missiles Are Bad News For Russian Tanks, Artillery, Air Defense, Command Posts…
The UK has been supplying Ukraine with Brimstone missiles since April. Yesterday the UK Ministry of Defence officially confirmed what was being unofficially claimed based on imagery, that Ukraine is r...
South Korean Crypto Exchange Upbit Accused of Instigating Token Removal – Featured Bitcoin News
According to the CEO of Wemade, Henry Chang, the South Korean cryptocurrency exchange Upbit was the brains behind the Digital Asset Exchange Joint Consultative Body (DAXA)’s decision to delist WEMIX. ...
Minerva’s Circle launches at DCENTRAL Miami 2022
Miami, USA, 25th November, 2022, Chainwire DCENTRAL Miami, one of the world’s most anticipated Web3 conferences of the year, is proud to announce its new Minerva’s Circle gender equality a...
Bahamian Attorney General Insists FTX Is the Subject of an ‘Active and Ongoing Investigation’ – Bitcoin News
The troubled and now-bankrupt crypto exchange FTX is the subject of “an active and ongoing investigation,” Bahamian attorney general Ryan Pinder told the press on Sunday. Pinder also stressed that put...
New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective – Mining Bitcoin News
Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochu...
Alameda Withdrew $204M in Crypto From FTX US Days Before Exchange Collapsed – Featured Bitcoin News
Alameda Research reportedly withdrew the most funds from FTX US, the U.S. arm of FTX, days before the crypto exchange filed for bankruptcy. The majority of the withdrawn cryptocurrencies were sent to ...
Billionaire Bill Ackman Discusses Crypto Regulation — Says Industry Must Self-Police or Risks Being Shut Down – Regulation Bitcoin News
Billionaire Bill Ackman has warned that the crypto industry needs to self-police or it risks being shut down. He added that regulators need more resources to police the bad actors in the crypto space ...
Institutional Investors Increased Allocations During Crypto Winter, Long-Term Price Outlook Positive – Featured Bitcoin News
A recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is “a st...