Advertisement     Billionaire hedge fund manager Bill Ackman remains optimistic about the cryptocurrency sector despite the widespread deleveraging event caused by FTX...
Tag: ZyCrypto
Billionaire Crypto Executives Are To Blame For The Lack Of Regulatory Clarity In The Industry, Says US Lawmaker ⋆ ZyCrypto
Advertisement     U.S. congressman points accusing fingers at billionaire founders for the delayed legislation in the digital assets ecosystem. FTX and some other enti...
Singapore Ponders Over Impact Of The FTX Contagion ⋆ ZyCrypto
Advertisement     In response to media queries, the Monetary Authority of Singapore (MAS) was neither licensed nor exempted from licensing and did not operate in Singa...
Collapsed Celsius Sets January 3 as Deadline for Filing Claims Following Court Ruling ⋆ ZyCrypto
Advertisement     The bankrupt crypto lender filed for Chapter 11 bankruptcy protection in July. Interim reports show insufficient accounting controls caused the liqui...
The U.S. Congress Is Set For A String Of Hearings After The FTX Collapse ⋆ ZyCrypto
Advertisement     U.S. lawmakers are set to probe into the details surrounding the collapse of FTX. The congressional hearing could see Binance CEO CZ and Sam Bankman-...
FTX Class Action Lawsuit Draws Renewed Scrutiny Over Crypto Endorsements ⋆ ZyCrypto
Advertisement     A number of FTX users have filed a class action complaint and demand for jury trial against founder and former CEO of FTX Sam Bankman-Fried (SBF) and...
US Banks Are Teaming Up To Explore The Possibilities Of A Digital Dollar With The Federal Reserve ⋆ ZyCrypto
Advertisement     Several U.S. banking institutions are working on a Proof-of-Concept digital money platform that could morph into a CBDC. The financial institutions a...
Despite Solana’s Tumble Amid the FTX Collapse, The Community Is Keeping Its Hopes High ⋆ ZyCrypto
Advertisement     FTX’s rapid debacle has caused widespread pain for the crypto community, but certainly not close to that of the Solana community. Since November 6th,...
Ripple’s Brad Garlinghouse Tells Where Crypto Market is Headed As XRP Lawsuit Heads For Conclusion ⋆ ZyCrypto
Advertisement     Ripple CEO Brad Garlinghouse revealed that he believes the cryptocurrency industry will become stronger because of the ongoing market crisis as long ...
FTX’s Collapse Triggers Dramatic Shift Towards Self-Custody For Bitcoin, Ethereum ⋆ ZyCrypto
Advertisement     Crypto holders have been reacting to the dramatic collapse of FTX by withdrawing their Bitcoin, Ethereum and other cryptocurrencies from exchanges to...
“A Complete Failure Of Corporate Control,” Says New FTX CEO As He Unearths Even More Dirt Leading To The Collapse ⋆ ZyCrypto
Advertisement     FTX’s new CEO expresses shock over how the company was run as he opens a can of worms. He referred to the mismanagement of the company as “unpreceden...
FTX’s Sam Bankman-Fried Eyes A Comeback, But Binance CEO Thinks It Is Highly Unlikely ⋆ ZyCrypto
Advertisement     FTX founder nurses an ambition to make a comeback in the digital asset space following the implosion of his firm. He admits that it is a long shot bu...
Cardano’s Self-Regulated Stablecoin Set for Launch in Early 2023 — Is ADA Ready For A Go At $1? ⋆ ZyCrypto
Advertisement     The Cardano ecosystem could have its first fully fiat-backed, regulatory-compliant stablecoin before the end of Q1 2023. According to Emurgo, the off...
Bitcoin Bull Tim Draper Sticks To $250,000 Price Prediction For BTC In 2023 ⋆ ZyCrypto
Advertisement     Billionaire venture capitalist Tim Draper is convinced that Bitcoin will tap $250,000 in the first half of 2023, despite the ongoing crypto winter. E...
Ripple Unfazed By Current Market Debacle, Sees Global Expansion Of ODL As XRP Eyes Massive Traction ⋆ ZyCrypto
Advertisement     The unprecedented turmoil created by the Alameda and FTX monumental blowup has weighed down on the crypto market, which was already in the midst of a...
Congress’s Failure to Pass Regulation Caused FTX’s Debacle, Asserts Crypto-Friendly Senator ⋆ ZyCrypto
Advertisement     US Senator Pat Toomey has blamed FTX’s collapse on the lack of clear regulations. Speaking during the Financial Regulators Hearing on November 15, th...
These Price Levels Are Critical For Bitcoin As The Crypto Contagion Hits Broader Markets ⋆ ZyCrypto
Advertisement     Concerns over a withdrawal run from the cash-strapped cryptocurrency exchange FTX continued to send cryptocurrencies into a tailspin this week, placi...
$2.8B Crypto-Focused Lending Firm Genesis Halts Withdrawals Fearing A FTX-Induced Bank Run ⋆ ZyCrypto
Advertisement     Genesis Global Capital, the crypto lending unit for crypto investment bank Genesis Trading has decided to halt withdrawals in the wake of the FTX col...
Ethereum’s Next Big Upgrade Slated For 2023 — Here’s why It’s Super Bullish For ETH ⋆ ZyCrypto
Advertisement     The coming year is already looking bullish for Ethereum and its native token, Ether, as the next upgrade, “Shanghai,” is set to kick off in the third...
New CEO of FTX Outlines Significant Near-Term Goals ⋆ ZyCrypto
Advertisement     John Ray, the new chief executive officer and chief restructuring officer of FTX, has revealed steps being taken by the beleaguered crypto exchange t...
UAE Unveils First Blockchain-Based Commercial Court Amid Growing Crypto Adoption ⋆ ZyCrypto
Advertisement     Abu Dhabi’s financial hub aims to enhance the efficiency of commercial litigation with blockchain technology. The Gulf country is also exploring the ...
New Audit Report Shows Terra’s LFG Spent Over $2.8 Billion To Defend UST Peg ⋆ ZyCrypto
Advertisement     Luna Foundation Guard (LFG), the entity behind the collapsed Terra ecosystem, spent $2.8B (80,081 BTC and 49.8M in stablecoins) to defend UST’s peg, ...
Crypto Community Calls For Congressional Probe Into SEC Gary Gensler’s Ties To Bankrupt FTX ⋆ ZyCrypto
Advertisement     As onlookers try to make sense of the mind-boggling meltdown of crypto exchange FTX, crypto community members are demanding the United States Congres...
XRP Poised To Break New Ground As Ripple Unveils This New Trillion-Dollar Worth ODL Corridor ⋆ ZyCrypto
Advertisement     Ripple, the firm behind XRP, the seventh-largest crypto asset, is looking to tap the almost $1 trillion mobile money value in Africa through the use ...
Investigations Into The Collapse Of The FTX Empire Under Way ⋆ ZyCrypto
Advertisement     In a November 14, 2022, media release update on FTX, the Securities Commission of The Bahamas (SCB) confirmed that it had applied to the Supreme Cour...
Cristiano Ronaldo to Debut NFT Collection on Binance this November ⋆ ZyCrypto
Advertisement     Portuguese football star Cristiano Ronaldo, or CR7 as he is also known, is set to launch his debut non-fungible token (NFT) collection exclusively on...
Days After The Tumble — Here’s How Other Exchanges Reacted To FTX’s Collapse ⋆ ZyCrypto
Advertisement     After FTX rocked the industry, exchanges scurried to reassure their users that all was in order with their operations. Coinbase’s CEO stated that cus...
SEC vs. Ripple Case Sees New Twists And Turns As Whale Holdings In XRP Skyrocket ⋆ ZyCrypto
Advertisement     Onchain data shows an increase in XRP whale activity amid SEC’s lawsuit. XRP is trading 11% higher in the last 24 hours. The US regulator is suing Ri...
Highlighting Achievements Amid Plunging Markets ⋆ ZyCrypto
Advertisement     Ripple’s XRP holdings are below 50% for the first time after critics pointed to the company’s controlling XRP supply. Ripple marched into new frontie...
Dogecoin’s Future Could Follow This Bullish Trajectory To $1 DOGE Price Thanks To Elon Musk ⋆ ZyCrypto
Advertisement     Dogecoin (DOGE) has remained the best-performing meme coin, currently ranking as the eighth largest cryptocurrency by market capitalization. However,...