FTX reportedly used Alameda’s bank accounts to process customer funds
Former FTX CEO Sam Bankman-Fried, in a conversation with Vox, admitted to using Alameda’s banking facilities for FTX user deposits.
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First US State where you can no longer mine crypto: Law Decoded, Nov. 21-28
New York governor Kathy Hochul signed the moratorium, prohibiting any new mining operations that aren’t based on 100% renewable energy.
National Bank of Ukraine releases draft concept for digital hryvnia
One of the design options for the Ukrainian CBDC describes the e-hryvnia available for usage in crypto exchange operations.
Spanish Securities Regulator CNMV Warns About Crypto Investments; Calls for Caution After FTX Downfall
The Spanish securities regulator (CNMV) has warned investors against putting funds in crypto-related companies. Montserrat Martinez Parera, vice president of the organization, stated that lack of control is one of the causes of the downfall of the…
Cardano Registers Milestone With More Than 7 Million Native Tokens
Cardano (ADA) has failed to take advantage of a significant network milestone it recently achieved as the digital asset continues to struggle in pushing its price to higher levels. At the time of this writing, the cryptocurrency was changing hands…
Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction
Bitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next difficulty retarget is expected to see a significantly large reduction. Estimates show the next difficulty retarget could drop anywhere between 6.13% and 10%…
Historic Bitcoin Miner Capitulation In Full Effect – How Long Will It Last?
The collapse of the crypto exchange FTX is causing a historic event in the Bitcoin market. Yesterday, on-chain data signaled the second wave of a Bitcoin miner capitulation in one cycle. Historically, miners have had a massive impact on the BTC…
Polkadot (DOT) Clings To $5 Level Despite Unforgiving Bear Market
Polkadot (DOT), the 11th largest cryptocurrency with an overall valuation of nearly $6 billion, continues to keep its losses in this prevailing crypto winter to minimal levels. On November 8, despite the negative effects of the collapse of the FTX…
LBRY alleges Apple forced it to censor certain terms during COVID-19
After Elon Musk lamented the winding back of Apple's Twitter advertising, crypto company LBRY replied about its own troubles with Apple and censorship.
Litecoin Price Prediction: Why LTC Could Hit $100 and Outperform Bitcoin
Litecoin price started a steady increase above the $65 resistance against the US Dollar. LTC is currently rising and might rally further towards the $100 level. Litecoin started a strong increase above the $55 and $65 levels against the US Dollar…
Israel's chief economist lays out recommendations for crypto regulation
The chief economist said the Supervisor of Financial Service Providers and the Israel Securities Authority should be granted more powers to oversee the industry.
Don’t Forget the Importance of Censorship Resistance
Since people are once again talking about self-custody as one of crypto’s unique strengths, I would like to remind everyone about an equally important fundamental value proposition of crypto that, in the early days, was touted as the killer…
Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250
Ethereum is holding the key $1,150 support against the US Dollar. ETH is rising and might even clear the $1,250 resistance zone in the near term. Ethereum corrected lower, but the bulls were active near $1,150. The price is now trading above $1,180…
Nifty News: China’s lockdown protest NFTs emerge, Candy Digital cuts staff, and more
Two collections have appeared on NFT marketplace OpenSea depicting images and art related to the rare widespread protests in China over its lockdown policies.
Silvergate denies recent FUD, confirms minimal exposure to BlockFi
Silvergate Capital has been quick to distance itself from the now-bankrupt crypto lender BlockFi.
Why Bitcoin Is The Ultimate Wealth Preservation Technology
Bitcoin is the best store of value when compared to other asset classes that have historically been used by people wanting to protect their wealth.This is an opinion editorial by Leon Wankum, one of the first financial economics students to write a…
Bitcoin Price Looks Ready For Another Leg Higher Over $16.5K
Bitcoin price extended its decline and tested the $16,000 support. BTC is forming a base and might soon rise above the $16,500 resistance zone. Bitcoin declined further and tested the $16,000 support zone. The price is trading below $16,500 and the…
Calls for regulation get louder as FTX contagion continues to spread
The FTX saga has made some crypto executives, researchers, analysts, and politicians more aligned on regulation than ever.
Binance Coin (BNB) Bulls And Bears Tussle $290; Here Is What To Expect
Mark Cuban: If I Were Sam Bankman-Fried, I’d Be Afraid of Going to Jail for a Long Time
The billionaire owner of the NBA team Dallas Mavericks and a Stark Tank star, Mark Cuban, says that if he were the former FTX CEO Sam Bankman-Fried, he would be afraid of going to jail for a long time. “I talked to the guy and thought he was…
FTX resumes paying staff and contractors after weeks in limbo
The payments will exclude former FTX CEO Sam Bankman-Fried, and certain former execs including Gary Wang, Nishad Singh, and Alameda's Caroline Ellison.
JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse
JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initiatives, including those focusing on custody…
Speculative Bubbles, Technobabble And Bitcoin
Despite academics’ wishes, Bitcoin cannot be reduced down to a mysterious jargon-laden tulip mania.This is an opinion editorial by Maximilian Brichta, a doctoral student at the University of Southern California currently working on his…
BlockFi sues FTX's Bankman-Fried over shares in Robinhood
BlockFi is demanding Bankman-Fried’s investment company turn over its shares in Robinhood as collateral it agreed to pay as part of a pledge agreement.
From the NY Times to WaPo, the media is fawning over Bankman-Fried
Mainstream media outlets just can’t seem to stop drooling over the disgraced FTX founder.
Kevin O’Leary Reveals How He Almost Secured $8 Billion to Rescue FTX Before It Collapsed
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared how he and Sam Bankman-Fried (SBF) almost raised $8 billion from institutional investors to save crypto exchange FTX before it collapsed. However, when reports emerged of FTX being…
Bitcoin Core 24.0 Released: Here’s What’s New
The latest version of Bitcoin’s original software client brings improvements on usability, privacy and security. Here’s all you need to know.A new version of the original Bitcoin software launched by Satoshi Nakamoto in 2009 has been…
Bitcoin capitulations abound — Data shows realized and unrealized losses at record-highs
Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants.
Meta fined €265M for allowing scrapers to steal Facebook's centralized user data
Blockchain and Web3 companies are attempting to prevent leaks like these in the future by creating alternative login processes and distributing necessary data collection in a highly decentralized way.