According to the CEO of CME Group, Terry Duffy, the executive met with former FTX CEO Sam Bankman-Fried (SBF) last March at a conference, and Duffy ended up calling the FTX frontman a “fraud.” When Du...
Tag: news
Disney’s new CEO Bob Iger and crypto
A believer in the Metaverse’s promise. Bob Iger has startled the business community by stating that he would immediately resume his prior position as Disney’s CEO. Iger will succeed Bob Ch...
BTC Below $16,000 Amid Increased Market Volatility – Market Updates Bitcoin News
Bitcoin slipped below $16,000 on Nov. 21, as markets continued to react to the news that the FTX contagion had impacted yet another firm. Hong Kong-based crypto ATM firm Genesis Block halted its opera...
Bill Ackman predicts crypto will remain
People have said that a lot of technology companies in China are working on making it possible for Chinese soccer fans to watch the FIFA World Cup in the metaverse. These projects are part of a five-y...
Brazilian Bank Itau Unibanco to Offer Cryptocurrency Custody Services in 2023 – News Bitcoin News
Itau Unibanco, one of the biggest Brazilian banks, has announced it will offer cryptocurrency custody services in 2023. Itau Digital Assets, the cryptocurrency unit of the company, will be responsible...
Vitalik Buterin gives crypto lessons after FTX crash
Following the failure of FTX, Ethereum’s co-founder, Vitalik Buterin, has shared his reflections on one of the cryptocurrency industry’s most major “black swan” occurrences, as...
Uzbekistan Licenses 2 Crypto Exchange Service Providers – Exchanges Bitcoin News
The regulatory body overseeing the crypto market in Uzbekistan has issued licenses to two companies that will be providing exchange services. The decision to authorize their activities aims to make it...
Next Generation On-chain DEX Aggregator 3Route Launches on Tezos
Zug, Switzerland, 20th November, 2022, Chainwire Powered by the Tezos blockchain, 3Route enables cost-efficient and secure swap transactions across multiple liquidity sources 3Route enables user...
Examiner: Celsius’ accounting and operational controls were ‘insufficient’
In the bankruptcy case involving crypto lender Celsius, the independent examiner claims that the company did not establish “adequate” accounting and operational controls in its handling of...
Brazilian Cryptocurrency Bill Resurfaces After General Ballot – Regulation Bitcoin News
The Brazilian cryptocurrency bill, sidelined several times due to the general election ballot that happened on October 30, might be discussed and voted on during the following week. According to repor...
Crypto sleuth debunks 3 FTX hack myths
On-the-job detective ZachXBT has taken to Twitter to clear up what he calls a “lot of disinformation” about the FTX hack and the individuals who may be responsible for it. He has shared th...
Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’ – Mining Bitcoin News
On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase on Sunday has p...
New Council at Ukraine’s Securities Watchdog to Draft Crypto Taxation Regulations – Taxes Bitcoin News
A special council under Ukraine’s securities regulator will be tasked to develop rules for crypto taxation in the country. The new body will be also responsible for coordinating the regulation of vari...
We Don’t See a Viable Business in India – Exchanges Bitcoin News
Binance CEO Changpeng Zhao (CZ) says India is currently not a viable business environment for his cryptocurrency exchange, citing a strict tax regime. The executive explained: “Binance goes to countri...
Amazon Founder Jeff Bezos Advises What Consumers and Businesses Should Do as Recession Looms – Economics Bitcoin News
Amazon founder and former chief executive Jeff Bezos has given some advice to consumers and small businesses about what they should do given that the U.S. economy is either already in a recession or i...
You Found a Great Stock, Now Plan Your Trade
Finding an outstanding stock to buy makes trading and investing much easier, but it is just the first step. Ultimately, your level of success will be determined by how effective you are at trading it....
Elon Musk, Jack Dorsey Address Suggestions to Allow Less Anonymity on Twitter – Featured Bitcoin News
Former Twitter CEO Jack Dorsey and Elon Musk, Tesla’s CEO and the new owner of Twitter, have addressed suggestions that the social media platform should have less anonymity. Clinical psychologist Dr. ...
Washington Post, Forbes, Wall Street Journal Slammed for ‘Puff Piece’ Reports on FTX and Alameda Execs – Bitcoin News
Following the highly criticized New York Times article that features commentary from the former CEO of FTX, Sam Bankman-Fried (SBF), the public continues to give the mainstream media flak for publishi...
World Cup Predictions Live Now on Bitcoin.com Games, Predict Every Match to Win up to 500 Free Rounds at the Casino – Promoted Bitcoin News
🏆The much-awaited football-themed promotion ‘World Cup Predictions’ is now live! The world at large has set its eyes on the games happening at the FIFA World Cup 2022 in Qatar. Everyone at least knows...
Altcoin SNM’s 4,000% Price Surge in 24 Hours Fuels Pump and Dump Claims – Altcoins Bitcoin News
The trading price of the altcoin SNM suddenly rose by over 4,000% to $10.91 on Nov. 20, 5:30 a.m. (ET), while the coin’s 24-hour trade volume stood at just over $720 million. The altcoin’s abrupt pric...
Binance’s Bitcoin Reserve Stash Nears 600,000, Company’s BTC Cache Is Now the Largest Held by an Exchange – Bitcoin News
While there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022, Binan...
$333 Million in Bitcoin Vanished from FTX Days Before the Company Filed for Bankruptcy Protection – Bitcoin News
While it’s widely reported that hundreds of millions of dollars in Ethereum-based tokens were siphoned from the FTX wallet after the company filed for bankruptcy on Nov. 11, 2022, another $333 million...
Bearish Bets: 3 Stocks You Definitely Should Consider Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
‘FTX Accounts Drainer’ Offloads 50,000 ETH, Entity Uses Ren’s Bitcoin Gateway to Acquire BTC – Bitcoin News
The ethereum wallet known as the “FTX Accounts Drainer” has started to offload the ethereum it collected this past week after becoming the 27th largest ether address. On Nov. 19, 2022, the wallet held...
Normally I Would Shun This Stock, But Now It’s a ‘Smart’ Option
This is the type of stock I have been avoiding like the plague throughout this year: A name that is delivering stellar revenue growth, but has not achieved profitability yet. It’s SmartSheet (SM...
Ripple considers FTX trades Garlinghouse
It has been claimed that the CEO of Ripple, Brad Garlinghouse, is considering purchasing key aspects of the defunct cryptocurrency exchange FTX. Garlinghouse told The Sunday Times that former FTX CEO ...
SEC filing discrepancies threaten American CryptoFed registration
Following the discovery of irregularities in the Form S-1 registration statement dated September 17, 2021 by the United States Securities and Exchange Commission (SEC), the first decentralised autonom...
South Korea probes crypto exchanges for local tokens
This year, native cryptocurrencies proved to be the most significant cause that led to the failure of a number of cryptocurrency exchanges and ecosystems; the most recent instance of this was the coll...
Bankman-Fried’s Private Jet Causes Buzz, Kraken CEO Addresses FTX Collapse, More Sleeping Bitcoins Wake Up — Week in Review – The Weekly Bitcoin News
With the colossal collapse of crypto exchange FTX in recent weeks, excitement in the world of cryptocurrency and finance has been in no short supply. Former FTX CEO Sam Bankman-Fried’s private jet was...
Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission – Economics Bitcoin News
According to the International Monetary Fund (IMF)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are fueling the naira devaluat...
Cryptocurrency Prices And News: Bitcoin Flat As FTX Bankruptcy Impacts Spread
Cryptocurrency News: Cryptocurrency prices were relatively unchanged late Friday as the dramatic collapse of digital assets continues to play out. Scroll down to catch up on the latest crypto headline...