‘Twitter will do lots of dumb things’ in the coming months: Elon Musk
Twitter's new owner says they'll be throwing a heap of new ideas at the platform over the coming months.
External news feeds 1834/1838
Ethereum Price Approaches $1,000, Why Upsides Could Be Limited
Ethereum extended losses below the $1,200 support against the US Dollar. ETH is consolidating and might even test the $1,000 support zone in the near term. Ethereum started a major decline below the $1,320 and $1,250 levels. The price is now…
Egyptian Fintech Raises $31 Million in Series B Funding Round
Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million. The funds will be used to finance Moneyfellows’ expansion into other…
Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals
"We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves," the Crypto.com CEO said.
FTX and Binance’s ongoing saga: Everything that’s happened until now
The story between cryptocurrency exchanges Binance and FTX has quickly unfolded and caused havoc in the crypto market, here’s a breakdown of where it began and where it is now.
Using Systems Thinking To Learn From FTX’s Mistakes
SBF tells investors FTX needs $8B in emergency funding: WSJ
According to reports, FTX CEO Sam Bankman-Fried asked investors for emergency funding to cover an $8 billion shortfall during a Nov. 9 investors call.
Bitcoin Price Plunges 15%, Can Buyers Save The Key $15K Support?
Bitcoin price declined over 15% and even traded below $16,000. BTC remains at a risk of more losses if it breaks the $15,000 support zone. Bitcoin remained in a bearish zone after the FTX collapse and declined below $16,000. The price is trading…
FTX website comes back online with message advising against deposits
Neither FTX CEO Sam Bankman-Fried nor any FTX official has provided its users with clarity as to why FTX’s website was taken down.
Brussels to Put Out Digital Euro Law Shortly, ECB’s Lagarde Says
The European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators are expected to define the new currency’s legal tender…
FTX Acquisition And Crypto Crash Is Bad For The Community, Says CZ Binance
CEO Changpeng Zhao (CZ) gave statements to clarify the air amid the FTX ordeal and circumstances surrounding its acquisition by Binance. On Tuesday, FTT, the FTX native token, went to ruins with over 73% decline. It happened after the exchange…
Solana TVL drops 32.4% as FTX turmoil rocks ecosystem
Cryptocurrencies understood to have exposure to Sam Bankman-Fried, FTX, and Alameda Research appear to have been impacted the most.
The RBF Debate Is A Matter Of Incentives And Individual Choice
Full RBF, while contentious, is essentially a matter of time, either through incentivized miners or through individual nodes.This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast…
Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX
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 bail out the crypto trading firm. Singapore’s state…
Upland and FIFA Officially Launch the FIFA World Cup Qatar 2022
Experience in The Upland Metaverse
FIFA and Upland have agreed to a multi-year partnership, starting with the FIFA World Cup Qatar 2022 The first of its kind partnership allows football fans from around the world to get a better understanding of Web3 and how to enjoy and benefit…
Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’
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 digital assets to FTX.” The news follows a great…
Bitcoin price hits multi-year low at $15.6K, analysts expect further downside
BTC and altcoins collapse following news that Binance declined to purchase FTX. Analysts share their perspectives on what’s next for the market.
Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’
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 14th birthday, Snowden had some words with Craig…
OKX, Kucoin say proof of reserves will be ready in a month
Similar protocols are used by Kraken, Bitmex, Gate.io, and many other exchanges, but were not used by FTX.
MiCA proponent cites FTX in advocating for regulation: 'Crypto assets are not play money'
"With a global MiCA, the FTX crash would not have happened," said European Parliament economics committee member Stefan Berger.
Binance Walks Away From FTX Acquisition
The world’s largest exchange said on Wednesday that it will not pursue the potential acquisition of Sam Bankman-Fried’s FTX.Binance walks away from FTX deal following due diligence.Firm also mentioned U.S. investigations of FTX.Retail investors are…
Bitcoin Bear Markets Compared: How Much Longer Till The Bottom? | BTCUSD November 9, 2022
In this episode of NewsBTC’s daily crypto technical analysis videos, we are examining past Bitcoin bear markets to see how much further we could have before a bottom is in. Take a look at the video below: VIDEO: Bitcoin Price Analysis…
Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’
Orthogonal Credit alleged key weaknesses in Alameda’s due diligence early in 2022
The firm is a delegate of Maple Finance and decided to halt Alameda's lending pool earlier this year.
Binance Pulls Out OF FTX Deal, Bitcoin Crashes Below $16,000
Crypto exchange Binance is officially out of the FTX agreement. According to an official statement, the company won’t purchase its competitor. Via its official Twitter handle, Binance claims that regulatory pressure and other factors impacted their…
Bitcoin Baseball Team Perth Heat Fans Can Now ‘Boost’ Players With Bitcoin
Perth Heat players can now get bitcoin ‘boosts’ through a new Lightning-powered fan engagement feature launched in partnership with IBEX.Perth Heat now lets fans send micropayments to players with bitcoin through Lightning.The team last year became…
Breaking: FTX’s Binance rescue deal falls apart in less than 48 hours
Binance cited allegations of the mishandling of consumer funds and an investigation from regulators as reasons for exiting the agreement.
L2 is crucial to Ethereum decentralization, censorship resistance, says researcher
Swedish researcher Eric Wall highlighted StarkNet’s influence on Ethereum’s scalability as he joins the board of the newly formed StarkNet Foundation.
Why is the crypto market down today?
Crypto prices collapse as investor fears over FTX’s solvency and the status of customer funds send Bitcoin and altcoin prices to multiyear lows.
Alameda Research and FTX Ventures websites go dark
Pages for the quantitative trading firm and the venture capital arm have been taken offline and made private.