The Winklevoss Twins-backed exchange Gemini has announced a “Trust Center” to display a breakdown of funds held on the platform. The page, hosted on the Gemini website, reveals that it holds over $4.6...
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Dogecoin Jumps 22% in a Week Amid Twitter Payments Speculation
Dogecoin has shot up over 22.5% in the past week, jumping from $0.075 to $0.094, according to CoinGecko. The rapid price increase may follow speculation that the leading meme coin will be included in ...
Coinbase Wallet Mysteriously Delists Ripple’s XRP Token
Coinbase has announced the delisting of XRP from the Coinbase wallet. Is it due to the ongoing XRP vs. SEC battle? Today, Coinbase announced that the Coinbase wallet would no longer support the assets...
Klarna Creates New Platform to Connect Retail Clients with Influencers
The Creator Platform from Klarna takes a somewhat different model from its BNPL primary offering. Swedish financial technology company Klarna Bank AB has announced it has created a new platform where ...
LUNC/USD Fails to Uphold a Bullish Price Recovery
Join Our Telegram channel to stay up to date on breaking news coverage Recently, in the cryptocurrency industry (precisely around November 8 and 9) most of the crypto markets suffered the effect of a ...
FTX Shows “It’s Time” for Congress to Learn About…
Senator Cynthia Lummis, known as the “Bitcoin Senator” for her advocacy of the cryptocurrency sector on Capitol Hill has said that the collapse of the crypto exchange FTX highlights the need for Congr...
Polygon traders going short on MATIC can watch out for these levels
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice MATIC saw impressive development activity in Q3 Negative sentiment...
BlockFi Has $10 Billion in Assets and Liabilities and 100,000 Creditors: Bankruptcy Filing ⋆ ZyCrypto
Advertisement     The digital asset lender is the latest victim of FTX contagion. BlockFi is planning to lay off two-thirds of its staff in bankruptcy restructuring. C...
Coinbase Wallet will stop supporting BCH, ETC, XLM and XRP, citing ‘low usage’
Coinbase Wallet will no longer support four major tokens as of Dec. 5. In a Nov. 29 notice on its help pages, Coinbase said the wallet will no longer support Bitcoin Cash (BCH), XRP (XRP), Ethereum Cl...
Beto O’Rourke Returned a $1M Campaign Donation From Sam Bankman-Fried: Report
Bankman-Fried personally donated $40 million to largely Democratic candidates, while other FTX executives, including co-CEO Ryan Salame, donated to Republicans. Some, including Sen. Kirsten Gillibrand...
ERI’s John Shegerian Points to FTX Failure as Prime Example Why Qualified, Ethical Governance is Essential in Business
NEW YORK–(BUSINESS WIRE)–#circulareconomy–In the wake of the massive FTX Crypto collapse, which many experts and analysts are referring to as “the biggest and most far-reaching financial scandal in re...
Understanding the Rise of DAOs and their Effects
2021 saw venture capital activity amounting to $612B, a 108% increase from the year prior and a 24% increase in VC deals. But despite the pros, there are some painful pain points attached. DAOs can be...
MakerDAO [MKR]: All you need to know about protocol’s latest proposal
MakerDAO seeks votes from community members to hike its DAI Savings Rate. At press time, members voted overwhelmingly in support of a 1% increment. MKR’s price has been on a decline in the last month...
India to Commence Pilot Program for Its Retail Digital Rupee on December 1
The Reserve Bank of India (RBI), the nation’s central bank, announced today it will be commencing the first pilot for its retail digital rupee on Thursday, December 1, 2022. The initiative was first d...
LUNC, USTC Might Repeg Once This Requirement Is Met: Terra Developer
Will Chen, a Terra developer, believes that the USTC repeg may be possible if the community’s efforts make significant progress or gain momentum. He says that the USTC repeg is the first of its ...
Upbit’s parent company Dunamu sees profit drop 76% in Q3
Dunamu, the parent company of South Korea’s largest crypto exchange Upbit, reported third-quarter revenue of $205 million and profit of $124 million, respectively, down 66% and 76% from a year ago. Du...
FTX Roundup: SBF Gives Interview, Stolen Funds Move, and Politicians Return Donations
Key Takeaways In a conversation published today, FTX CEO Sam Bankman-Fried discussed his actions during FTX’s collapse. 255 BTC ($4.2 million) of funds stolen from FTX were appear to have been d...
Why NFTs Had to Be Invented
In brief Some of the earliest explorations into digital ownership in the crypto landscape began in 2012 with the advent of “colored coins.” These were developed on the Bitcoin blockchain. NFTs were in...
Ripple Blames SEC for BlockFi Collapse – Revelations Emerge
Ripple blames the SEC for BlockFi’s bankruptcy, as the crypto lender sues Sam Bankman-Fried for his Robinhood shares. Crypto lender BlockFi filed for bankruptcy earlier this week, after suspending wit...
HT Price Prediction – Can Huobi’s HT Continue to Buck the Bear Market Trend?
Join Our Telegram channel to stay up to date on breaking news coverage Huobi Global’s Huobi Token (HT) price has climbed an impressive 10.5% so far Nov. 29, capping off seven days of stellar performan...
Kraken To Pay Settlement For Violating Sanctions
The crypto exchange has agreed to pay a penalty amount of $362,000 to U.S. regulators in the alleged sanctions violations case. Kraken Settles With U.S. Regulator Kraken has entered into a settlement...
Huobi Partners With Dominica to Issue National Token DMC on Tron
Cryptocurrency exchange Huobi announced the launch of the world’s first national token, DMC (Dominica Coin) and Dominica DID, under the authorization of the government of the Commonwealth of Dominica....
Game7 launches $100M grant program to foster Web3 game development
Game7, a decentralized autonomous organization (DAO) operating in the web3 gaming space, has announced a grant program that will help the development of metaverse gaming. According to the firm, this v...
FTX Resumes Payments to Employees And Contractors Pending Bankruptcy Hearings ⋆ ZyCrypto
Advertisement     FTX has resumed post-bankruptcy payments to employees worldwide days after they were halted following a chapter 11 bankruptcy filing in the US. Accor...
BlockFi Joins the Bankruptcy Parade
Like (so far) every other crypto company, BlockFi has filed for Chapter 11 bankruptcy protection, indicating it believes it can continue onwards after a restructuring process. Like other companies, Bl...
Indian Digital Rupee Set to Launch This Week With Four Banks
The Indian digital rupee retail pilot is set to launch on Dec 1 with four banks in four cities. What does the crypto community have to say? According to a press release from India’s central bank- The ...
4 Best Cryptos to Buy Now, November 29: FTM, LINK, TAMA
Join Our Telegram channel to stay up to date on breaking news coverage The FTX incident not only contributed to a further decline in the cryptocurrency market but also brought to light the dire need f...