According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bai...
Tag: news
Thoma Bravo Contributes $70m for Blockchain Intelligence Firm TRM Labs
Thoma Bravo, one of the largest private equity firms that manage more than $122 billion in assets, has contributed $70 million in funding to Blockchain-based intelligence company TRM Labs’s series B f...
Disney Disappoints and I Want Out: Here’s How to Trade It Now
On Tuesday evening, The Walt Disney Company (DIS) released the firm’s fiscal fourth quarter financial results. To say that Disney had an absolutely awful quarter would be to understate reality. ...
Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’ – Bitcoin News
Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digit...
Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’ – Bitcoin News
Whistleblower and former NSA contractor, Edward Snowden, has been very vocal about the crypto economy in recent times. After publishing a copy of Bitcoin’s white paper on Twitter on the document’s 14t...
Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’ – Bitcoin News
The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled...
Billions of Dollars Exit Exchanges as Investors Scuttle Towards Safety
This week has become a very huge and historic one in the crypto ecosystem as markets have been on a consistent freefall. High-performing tokens at the beginning of the month are now seeing their price...
Maple Finance Lending Pool Delegate ‘Identified a Number of Key Weaknesses’ Tied to FTX’s Alameda Research – Bitcoin News
According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the firm decided “earlier this year” not to lend to Alameda Research, FTX’s quantitative trading firm. Orthog...
Crypto Market Cap Slumps Below $900B for the First Time Since Jan 2021
Many crypto investors anticipated that this month of November will re-chart similar history as last year when the price of Bitcoin (BTC) and the combined crypto market capitalization soared to its All...
Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’ – Exchanges Bitcoin News
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade ...
Digital Assets Outfit Archax Raises $28M in Series A Funding Round
London-based digital assets exchange, Archax has announced the conclusion of its Series A funding round in which it pulled the sum of $28 million from investors. As announced by the firm, the funding ...
EverEarn Co-Founder Dave Rahman Explains How to Build a Startup That Will Stand the Test of Time – Interview Bitcoin News
The EverEarn token ($EARN) launched on the BNB Chain in January 2022 with a simple goal; to show that a new startup cryptocurrency can be run like a business from the beginning, without any false hype...
FTT Fire Sale Sends Token Over 70% Lower, SOL Also Falls Significantly – Market Updates Bitcoin News
FTX Token plunged by over 70% in today’s session, as sentiment surrounding Binance’s potential buyout of FTX continued to raise market eyebrows. Following speculation that FTX could be insolvent, Bina...
FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves – Bitcoin News
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has slid under $900 billion for t...
BTC at 2-Year Low, ETH Down 20% as FTX Turmoil Leads to Crypto Bloodbath – Market Updates Bitcoin News
Bitcoin plunged to a two-year low on Wednesday, as the FTX token sell-off continued to weigh on cryptocurrency markets. After an initial 30% slide, FTX token fell by as much as 80%, as Binance confirm...
Japanese Mobile Operator Partners with Accenture to Boost ESG Using Web3
NTT DOCOMO, the leading mobile operator in Japan, has collaborated with Accenture to propel the application and adoption of Web3 when tackling social issues. In a statement, the strategic partnership...
Bahrain-Based Crypto Platform to Enable Real Estate Acquisition Using Crypto
CoinMena, a Bahrain-based crypto asset service provider, has teamed up with Carlton Real Estate to facilitate real estate purchases using cryptocurrencies. Ali Adnan Mahmood, Carlton Real Estate’s de...
No Significant Risk Exposure to FTX or FTT, Says Coinbase CEO
Amid the meltdown of FTX, Coinbase CEO Brian Armstrong tweeted that Coinbase has no significant exposure to FTX and its platform currency FTT, as well as Alameda’s exposure. Coinbase CEO Brian A...
FTX’s Fall Might Hurt CEO’s Crypto Regulation Lobby
The mid-term election in the US is playing a role in influencing and reshaping the regulatory landscape of the crypto industry amid the turmoil brought about by the collapse of the crypto exchange FTX...
Bank of Russia Suggests Tax Cuts for Long-Term Digital Asset Holders – Taxes Bitcoin News
The Central Bank of Russia is proposing to introduce tax incentives for long-term holders of digital financial assets. The idea has been circulated with a consultation paper published for public discu...
FTX ‘s Collapse Might Fail SBF to Lobby Crypto Regulation
Meanwhile, the mid-term election in the US is also influencing and reshaping the regulatory landscape in terms of cryptocurrency amid the turmoil of the collapse of FTX in the crypto market. With a c...
Abu Dhabi Fintech Startup Raises $20 Million in Series B Funding Round – Emerging Markets Bitcoin News
Abu Dhabi-based fintech, Pyypl, announced on Nov. 7 that it had raised $20 million in Series B funding and this brought the total of funds raised to nearly $40 million. Pyypl has said it plans to use ...
Gofaizen and Sherle Introduce Full-Cycle Online Accounting In Lithuania – Press release Bitcoin News
press release PRESS RELEASE. Gofaizen & Sherle is a legal and business consulting firm specializing in digital asset-based businesses, financial institutions and investment funds. Having been foun...
5 Things We Learned From The ‘Wakanda Forever’ Press Conference
The women of Wakanda take center stage in ‘Black Panther: Wakanda Forever.’ MARVEL Black Panther: Wakanda Forever, one of the year’s most anticipated blockbusters, is finally here. B...
FTX Native Token FTT Plunges Following Takeover News
The FTX.com international exchange has long offered traders a variety of perks for holding and staking FTT, the exchange’s native token. Following the news of some sort of buyout deal tentatively reac...