Bitcoin, Ethereum Technical Analysis: BTC Heads Lower on Saturday, as FTX Saga Continues
In a week of turbulence, cryptocurrencies maintain this sentiment into the weekend, with both bitcoin and ethereum moving lower. Bitcoin once again slipped below $17,000 on Saturday, as it was reported that a hack on FTX had taken place. Ethereum…
FTX Reportedly Hacked as Telegram Group Admin Comments on Possible ‘Malware’ Present in Apps, Irregular Fund Movements Registered Onchain
Admins of the Telegram group of the FTX community stated that the platform had been hacked and all of the funds of the exchange seemed to be gone. FTX U.S. General Counsel Ryne Miller, who reportedly pinned the message in the group, explained he…
LBank Announces to Publish an Auditable Merkle Tree and Proof of Reserves (POF)
PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 12th, 2022 – Global crypto exchange, LBank, has recently announced that it will share its Merkle-tree proof-of-reserves, in view of recent concerns about the opaque nature of certain industry issues. LBank…
Web3 Must Overcome Significant UX Challenges to Reach Mass Adoption
User experience (UX) design affects nearly every waking moment of our lives. It’s not just digital either. Have you ever thought about the UX of doors? Perhaps a brief refresher of what UX is, will help. A useful definition of UX is as follows: ”A…
Binance CEO CZ on FTX crash: “We’ve been set back a few years”
With one of the biggest crypto businesses falling overnight after getting caught misappropriating user funds, CZ believed the episode was devastating for the industry, which took away a lot of consumer confidence.
Latam Based Crypto Exchange Bitso Launches QR Payment Service for Tourists in Argentina
Bitso, one of the largest cryptocurrency exchanges in Latam, has launched a QR payments program geared towards travelers in Argentina. The service proposal seeks to ease the way in which travelers and tourists make payments in the country, using…
Tether blacklists $31.4M USDT following FTX's alleged hack, Musk reacts
Billionaire entrepreneur Elon Musk, who recently purchased Twitter in hopes of unleashing the platform’s full potential, acknowledged Twitter’s contribution in tracking down the FTX developments in real time.
Brussels Set to Begin Talks on EU Crypto Tax, Report Reveals
The European Commission is preparing to discuss with member states the adoption of a common tax regime for crypto assets, European officials have indicated. The talks with national treasuries are expected to start next year with the aim to end the…
Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco
Over the past few days, major crypto exchanges, including Binance, OKX, Kucoin and Crypto.com, committed to sharing their proof of reserve to regain investor confidence.
FIFA Unveils Range of New Web 3․0 Games Ahead of FIFA World Cup Qatar 2022
PRESS RELEASE. FIFA has unveiled a portfolio of new future-focussed web 3.0 games to entertain and engage a wider group of fans ahead of FIFA World Cup Qatar 2022. Gaming and esports are some of the fastest-growing opportunities for FIFA as it…
Japanese Regulator Slaps FTX Japan With Business Suspension Order
Japan’s top financial regulator, the Financial Services Agency (FSA), has issued a business suspension order to FTX Japan, the Japanese subsidiary of FTX.com. The financial watchdog has also ordered the crypto exchange to submit a business…
FTX funds on the move: bankruptcy proceedings, insider threat or a hack?
The wallet address in question received funds from various international and U.S.-based wallets linked to FTX, which amassed over 83,878.63 ETH (worth over $105.3 million) in just two hours.
Could Medical Debt Be The Black Swan Event That Takes Down The US Economy?
While inflation runs hot and rising interest rates don’t seem to help, health care and medical debt may be the thing that takes the country by surprise.Watch This Episode On YouTubeListen To The Episode Here:AppleSpotifyGoogleLibsynIn this episode…
White House, US Senators Call for Proper Crypto Oversight
The White House and members of the U.S. Senate Banking Committee have called for proper cryptocurrency regulation following the collapse of crypto exchange FTX. “Without proper oversight of cryptocurrencies, they risk harming everyday…
SEC Chair Gensler Discusses Crypto Regulation Following FTX Collapse — Says This Field Is ‘Significantly Non-Compliant’
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined two paths the agency is taking to regulate the crypto industry. Meanwhile, a U.S. congressman is investigating whether Gensler helped FTX CEO Sam…
LBank Labs Establishes Blockchain and Crypto Investment Fund to Support the Development of Web3 in Africa
PRESS RELEASE. Internet City, Dubai, Nov. 11th, 2022 — Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa. LBank Labs plans to establish…
Soccer Superstar Lionel Messi Joins NFT Game Sorare as Investor and Brand Ambassador
Lionel Messi, one of the biggest Argentine soccer superstars, has announced his participation as an investor and brand ambassador in Sorare, an NFT (non-fungible token) game. Sorare hopes that Messi’s presence will improve the way in which…
'Need to update my LinkedIn' — FTX Ventures head resigns: Report
Amy Wu’s resignation followed the news 134 companies associated with the FTX Group would be filing for bankruptcy under Chapter 11 in the United States.
Russian IT Firms Lobby for Crypto Payments in Software Exports
Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting IT exports suggested by an industry organization…
Billionaires lose billions: What's happening with Elon Musk and Sam Bankman-Fried?
Sam Bankman-Fried no longer qualifies for a listing on the Bloomberg Billionaires Index, while Elon Musk's reported net worth has dropped by more than $86 billion in recent days.
Onchain Data Shows FTX US Paused ETH Withdrawals for 2 Hours, Users Complain of Withdrawal Errors
After FTX International’s parent firm West Realm Shires Services filed for Chapter 11 bankruptcy protection in Delaware, users noticed that FTX US was included in the bankruptcy filings. On the U.S. exchange’s website, the firm notes…
When viewed through the lens of necessity, we can better understand Bitcoin’s progression toward a broader, circular economy.This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,” founder of The Bitcoin…
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