Binance, the world’s largest cryptocurrency trading platform by transaction volume has published the details of the funds in its hot wallet as it seeks to truly lead by example. Taking to its official...
Tag: news
Project XENO’s Free Raffle Ticket Giveaway for Hikaru Collaboration NFT Sale – Press release Bitcoin News
press release PRESS RELEASE. The authentic strategy blockchain game, PROJECT XENO, will host an NFT sale in collaboration with the most popular YouTuber with over 4.86 million followers (as of October...
SEC Chair on FTX Collapse: Investors Need Better Protection
The collapse of the beleaguered crypto trading platform, FTX Derivatives Exchange has pushed top government officials, including Gary Gensler, the Chairman of the Securities and Exchange Commission (S...
FTX CEO Updates Crypto Community, Sunsets Alameda Trading, Addresses a Specific ‘Sparring Partner’ – Bitcoin News
On Nov. 10, 2022, FTX CEO Sam Bankman-Fried (SBF) addressed the crypto community in a thread posted to Twitter. SBF noted that he messed up and “should have done better” and also detailed that at some...
Hodlnaut Held Up to $13M on FTX Prior to Withdrawal Halt
The collapse of the FTX Derivatives Exchange has stirred a lot of awakening for several digital currency trading platforms and investors. One of the entities that may be significantly impacted by this...
LUNC 13% Higher, as US CPI Boosts Crypto Markets – Market Updates Bitcoin News
Terra classic has been one of Thursday’s biggest gainers, as crypto markets found light in the form of the latest U.S. inflation (CPI) report, which came in at 7.7%. The token was up by nearly 14% in ...
Crypto Firm Bakkt Reports $1.5B in Impairment Losses in Q3
Georgia-based crypto trading company Bakkt Inc has released the results of its third quarter ending September 30, showing a net revenue of $12.9 million increase of 41% year-over-year. The trading pla...
Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens – Bitcoin News
Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s market fluctuations have affected the decentralized finance (defi) prot...
Fed officials welcome inflation news but still see tighter policy ahead
Prices of fruit and vegetables are on display in a store in Brooklyn, New York City, March 29, 2022. Andrew Kelly | Reuters Federal Reserve officials welcomed Thursday’s news showing that inflat...
An In-Depth Look at the Rise and Fall of FTX – Bitcoin News
During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, ...
Swaps Updates Take Payment Processing and UX to Badass Level – Press release Bitcoin News
press release PRESS RELEASE. Tallinn, Estonia: Swaps is pleased to announce that we have updated our platform. As a crypto and fiat payment processing company, we prioritize providing our partners wit...
Crypto Prime Broker Hidden Road Partners Urges Clients to Liquidate FTX Positions
Cryptocurrency prime broker Hidden Road Partners is expected to complete the liquidation of its FTX.com holdings tonight, according to Bloomberg. Hidden Road Partners, founded by Marc Asch in 2018, is...
BTC, ETH Extend Declines Following FTX Saga, Markets Now Look Towards US Inflation Report – Market Updates Bitcoin News
Cryptocurrencies continued to crash on Thursday, as market sentiment surrounding the FTX saga remained on the minds of traders. Bitcoin fell below $16,000 late on Wednesday, with prices remaining clos...
The ‘Sky Is Falling’ at Tyson Foods
Tyson Foods (TSN) was downgraded to underperform from neutral (sell from hold) at a major sell-side firm. This comes ahead of next week’s release of quarterly results. The stock price target is ...
Proof-of-Reserves Becomes a Burning Issue amid FTX Crisis
The collapse of FTX, one of the leading crypto exchanges, sent shockwaves in the digital asset space. With the liquidity issue being a primary contributor to the FTX crisis, the proof-of-reserves conc...
These 2 Value Stocks Are Cheaper Than They Appear
Growth stocks have taken it on the chin throughout 2022 as interest rates have moved relentlessly higher. Even the old FAANG stocks that led the rally for most of 2021 have not been immune. The highes...
Sequoia Capital’s $213.5m Investments in FTX Marks Down to $0
The liquidity crisis in the cryptocurrency trading platform FTX.com continues to escalate in the crypto market. On November 10, Sequoia Capital shared a note on FTX sent to Global Growth Fund III on T...
Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low – Africa Bitcoin News
Just a few days after plummeting to its worst exchange rate against the U.S. dollar ever, the Nigerian currency was trading at around 820 units for every dollar on Nov. 8, a report has said. An econom...
The First Crypto Bank in Puerto Rico Rolls Out Digital-Asset Custody Service
FV (Fintech Ventures) Bank, a global financial entity registered in the U.S. territory of Puerto Rico, has launched a digital-asset custody service for seamless safeguarding and interoperability of cr...
Queen Maxima of Netherlands Sees Multiple Benefits of Digital Euro – Regulation Bitcoin News
Queen Maxima of the Netherlands has outlined multiple benefits central bank digital currencies (CBDCs) could bring, particularly in the area of financial inclusion. “Governments could use a digital eu...
Lionel Messi Becomes Sorare’s Brand Ambassador and Investor
Lionel Messi, a football star who has bagged seven Ballon d’Or Awards, has joined hands with Sorare to be its brand ambassador and investor. Sorare is an Ethereum-based fantasy soccer game platform th...
Binance Coin saw momentary respite after bailout news, but…
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Binance Coin bulls were hopeful that recent news could initiate a ...
World’s Worst Performing Currency, the Cedi, Reverses Gains — Economist Steve Hanke Says Ghana Inflation Now Over 140% – Economics Bitcoin News
Just days after registering marginal gains against the U.S. dollar, the Ghanaian currency — the cedi — slipped to C14:$1 versus the U.S. dollar on the foreign exchange parallel market on Nov. 7. The c...
Indonesia Plans to Strengthen Security for Crypto Investments
Indonesia plans to improve security for cryptocurrency investments in the country. The Financial Service Authority (OJK) of Indonesia will oversee the regulation, supervision and oversight of crypto i...
Sit Down for This: The Trade Desk Doesn’t Look Like a Good Trade
The Trade Desk Inc. (TTD) is trading lower Wednesday after reporting earnings Wednesday morning. Despite beating expectations on earnings per share and revenue, the stock is less than one dollar away...
Egyptian Fintech Raises $31 Million in Series B Funding Round – Fintech Bitcoin News
Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million. The funds will be used to financ...
Winners, News And Notes On November 9, 2022
MJF returned after being laid out by The Firm. Credit: AEW AEW Dynamite advertised Eddie Kingston vs. Ethan Page, The Gunn Club and Swerve in our Glory vs. FTR and The Acclaimed, Dr. Britt Baker and S...
HashKey Group Secures Licenses from Regulator to Operate Virtual Asset Trading Platform
Hong Kong-based digital assets company Hash Blockchain Limited (HBL), a member of the HashKey Group, announced to secure regulatory approval from the Securities and Futures Commission of Hong Kong (SE...
Brussels to Put Out Digital Euro Law Shortly, ECB’s Lagarde Says – Finance Bitcoin News
The European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators are expecte...
Big News: Sequoia Capital will reduce its $213.5 million FTX investment to zero
Sequoia Capital has just reduced the value of its stake in the cryptocurrency exchange FTX to zero — a stake that, since last week, likely reflected one of the most substantial investment gains in the...
Binance Bails Out From FTX Takeover Deal
Binance has announced that it will “not pursue the potential acquisition of FTX.” Binance on Twitter announced the crypto exchange would end the acquisition plans because, among other reas...