Crypto self-custody a ‘fundamental human right’ but not risk-free: Community
Ethereum co-founder Vitalik Buterin warned that risks of having bugs in smart contracts are still present when opting for self-custody.
Posts published by Cointelegraph.com News 585/594
FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong
The Hong Kong-based cryptocurrency exchange says the market turmoil from the FTX fallout is the final cause of ceasing operations following a year of winding down services.
Binance sees record 138K BTC inflows as opinions differ on what Bitcoin price will do next
BItcoin exchange inflows echo 2018 crypto capitulation, but the reasons for the largescale moves from Binance remain unclear.
Bitstamp gets a crypto license from the Bank of Spain
The EU-based exchange became the 46th crypto business to obtain a permit to offer virtual currency exchange services for fiat currency in the country.
FTX meltdown triggers FINRA into probing crypto comms
The examination comes in the wake of the FTX debacle, a crypto exchange found to be mismanaging customers’ funds by simply lying about their operations.
Sam Bankman-Fried rumor mill running amok: Trading course, FBI extradition, FTX hack
A rumor claiming that former FTX CEO Sam Bankman-Fried filmed a master class on trading that was scheduled to be released in December floated on social media.
Nifty News: Celebs lose big on BAYC, Meghan and Harry building a metaverse, and more.
Celebrities are facing huge losses on their Bored Apes bought during the NFT peak, but big names like Sony and Adidas are pushing further into the industry.
Metaverse ‘explosion’ will be driven by B2B, not retail consumers: KPMG partner
KPMG Futures said the goal is to build multi-million dollar business opportunities for the firm through the use of Metaverse technologies by 2025.
Twitter closes offices, staff resign while users eye decentralized options
Twitter employees are not the only ones ditching the platform as users flock to a decentralized alternative.
Crypto scammers are using black market identities to avoid detection: CertiK
The blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities.
Bahamian securities regulator ordered the transfer of FTX’s digital assets
The Bahamian securities regulator clarified it directed FTX to move its digital assets to a wallet owned by the commission on Nov. 12.
FTX names Kroll as claims agent, to update users on bankruptcy developments
Claims and noticing agents such as Kroll are often assigned to bankruptcy cases where the number of creditors exceeds a thousand.
Crypto industry was ‘judge, jury and executioner’ for FTX: Pompliano
The crypto investor and Bitcoin bull said that in crypto, market forces tend to eliminate bad people as quickly as bad businesses.
FTX will be the last giant to fall this cycle: Hedge fund co-founder
This bear market has seen the collapse of Celsius, Three Arrows Capital, Voyager, and now FTX, but the worst is likely over, a hedge fund executive suggests.
US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX
Two crypto-unfriendly Democratic senators have sent a letter to the executives with a list of detailed and penetrating questions about the behavior of Bankman-Fried and his businesses.
The CFTC could prevent the next FTX with some congressional help
The Commodity Futures Trading Commission should be responsible for preventing companies like FTX from taking root in the future.
Jump Crypto denies rumors that it intends to wind down due to FTX losses
According to Jump Crypto, the firm is “one of the most well-capitalized and liquid firms in crypto.”
$600M in Bitcoin options expire on Friday, giving bears reason to pin BTC under $16K
Bears are better positioned for Friday’s $600 million BTC options expiry, but bulls can flip the tables if Bitcoin price trades above $18,000.
How a single strategy crypto algorithm gained 176.31% while Bitcoin tanked 65% in 2022
Warren Buffett said that “What we learn from history is that people don’t learn from history.” Crypto traders can change that.
FTX and Alameda likely colluded from the very beginning: Report
Researchers at Nansen concluded that at least 86% of all FTT tokens were initially controlled by Alameda or FTX.
Fed paper looks at theoretical role of remuneration, convenience in CBDC design
The discussion paper reviews the literature on the impact of CBDCs in large, developed economies and draws some conclusions and specific design elements.
CME Bitcoin futures trade at a discount, but is that a good or a bad thing?
CME Bitcoin futures briefly traded at a 5% discount, alarming analysts, but what does it mean for BTC price?
Bitcoin price target now $13.5K as BTC trader says ‘exit all the markets’
Bitcoin shrugs off FTX news, but analysts warn BTC and altcoins are due significant losses.
3 reasons why the FTX fiasco is bullish for Bitcoin
The FTX fiasco is nothing new for Bitcoin as it survived multiple exchange collapses, bear markets and even outright bans in its decade-plus existence.
Could Hong Kong really become China’s proxy in crypto?
With its partial autonomy, the island city of Hong Kong has traditionally served as a gate to China, but with crypto, there is a catch.
Heroic Story secures $6 million to build Web3 tabletop RPG world
The seed round was led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology.
Australian firm raises $28M to expand Bitcoin mining capabilities
The Sydney-based Arkon Energy secured $28 million in a recent funding round to expand its renewable energy Bitcoin mining operations despite the volatile market.
'I knew he was desperate' — Binance CEO CZ opens up on SBF relationship
Binance’s CEO reflects on prior dealings and relationship with SBF after the collapse of his FTX empire.
SBF received $1 billion in personal loans from Alameda: FTX bankrupty filing
A fresh bankruptcy filing from FTX chief restructuring officer John Ray III highlights that Sam Bankman-Fried received $1 billion in loans from FTX-related silo companies.
Binance, OKX and Bybit suspend USDT and USDC deposits on Solana
The SOL cryptocurrency continues crashing amid the FTX crisis, plummeting 7% on the news of exchanges halting deposits of Solana-based stablecoins.