FTX collapse could see crypto sector layoffs accelerate
While the full impact of FTX’s collapse is still unfolding, some have already warned of an increase in layoffs to come “in the months to follow.”
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Nifty News: Nike unveils NFT platform, Steve Jobs' sandals sell for $200K and more
A one-of-a-kind NFT of the Birkenstocks sandals worn by Apple co-founder Steve Jobs at various times during his life has sold for over $200,000.
XRP Price Rallies 15%, Why Ripple Could Outperform Bitcoin and Ethereum
Ripple started a strong increase above the $0.350 resistance against the US Dollar. XRP price is now attempting a key upside break above the $0.380 resistance. Ripple started a fresh increase from the key $0.320 support zone against the US dollar…
Ethereum Price Near Make-or-Break Levels, Can ETH Start Steady Recovery
Ethereum started a recovery wave above the $1,210 level against the US Dollar. ETH must clear $1,260 and the 100 hourly SMA to start a decent recovery wave. Ethereum started a recovery wave above the $1,200 and $1,220 levels. The price is now…
Visa Terminates Agreements With Bankrupt Crypto Exchange FTX
Apple job listings and patents hint at foray into ‘3D mixed-reality world’
A “mixed-reality world” by Apple could be fast approaching as recent job openings show the tech giant is hiring a number of engineers with AR and VR experience.
Binance CEO urges crypto buyers to 'hold' amid 'unpredictableness'
Binance CEO Changpeng Zhao (CZ) said people should invest in crypto if they're using "cash that you don't need for a long time" as the market sees high volatility amid FTX's fallout.
Bitcoin Price Consolidates, Why 100 SMA Could Start A Decent Recovery
Bitcoin price remained stable above the $16,000 support zone. BTC could start a decent recovery wave if there is a clear move above the 100 hourly SMA. Bitcoin remained well bid above the $16,000 and $15,800 support levels. The price is trading…
PAX Gold (PAXG) Leads Weekly Gains Among Top Coins
As the market suffers from FTX’s liquidity crisis, PAX Gold (PAXG), a commodity-backed crypto, continues to lead weekly gains. The 65th largest crypto by market cap was seen keeping a week-on-week gain of 5.26% and an intraday gain of 1.12%. Based…
Visa terminates debit card program with FTX
A Visa spokesperson confirmed to Cointelegraph the company has terminated its global agreements with FTX.
Bitcoin buyers drawn by rising prices, not dislike for banks: BIS report
The Bank for International Settlements (BIS) studied the main motives behind Bitcoin adoption by retail investors.
How The FTX Collapse Spiked Fees On Popular Bitcoin Exchanges
The collapse of an industry titan exposes how various bitcoin brokerages could experience massive differences in the cost of bitcoin.This is an opinion editorial by Michael Chapiro, a materials engineer, an aerospace and defense executive and…
Let's move on from FTX’s collapse and get back to the basics
Sam Bankman-Fried’s degeneracy brought some turbulence to the market. Now it’s time to get back to the basics of transforming finance.
Kevin O’Leary: FTX Collapse Is a Turning Point for the Industry — ‘Crypto Bottom Is In’
Charities risk losing a generation of donors if they don't accept crypto
Crypto donations expose charities to a "new demographic of funders" that they can’t afford to miss out on.
After FTX Implosion, It's Time To End Bitcoin's Dysfunctional Relationship With Crypto
Michael Saylor’s recent dysfunctional relationship comment perfectly summarizes the disconnect between bitcoin and crypto.This is an opinion editorial by Tim Niemeyer, a Bitcoiner since circa-2018 and co-host of the Lincolnland Bitcoin Meetup in…
US President Biden announces pick for FDIC chair
Martin Gruenberg was the FDIC’s acting chair while the agency issued cease-and-desist orders to crypto firms and suggested that payment stablecoins merited further consideration.
FTX collapse followed by an uptick in stablecoin inflows and DEX activity
Investors piled into stablecoins following FTX’s collapse, and an uptick in DEX activity suggests a rising interest in self-custody options.
Caribbean nation St. Kitts & Nevis may adopt Bitcoin Cash as legal tender by March 2023
The country’s prime minister says it is consulting on the introduction of Bitcoin Cash on a legal basis, in spite of being within the territory of pioneering CBDC DCash.
Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX
After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on FTX, another crypto asset management firm called Ikigai detailed that “a large majority of the hedge fund’s total assets” were store
Turkey’s financial authority investigates FTX’s collapse
The Turkish regulator joined the United States and the Bahamas in investigating the exchange's fall.
Binance’s CZ says users share blame for placing trust in FTX, should take responsibility
The Binance CEO was responding to a questioner who accused the company of profiting from FTX’s downfall while normal users suffered.
South Korean prosecutors call on Terra co-founder Shin Hyun-seong to cooperate: Report
Authorities reportedly alleged Shin Hyun-seong earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra’s collapse.
BlockFi denies rumors that majority of its assets were held on FTX
Although it admitted to “significant exposure,” the crypto lender assured clients that it has “the necessary liquidity to explore all options.”
Amid FTX collapse, crypto funds see largest inflows in 14 weeks
The Bitcoin price briefly fell below $16,000 last week as Sam Bankman-Fried’s FTX Group filed for bankruptcy.
Bitcoin derivatives data reflects traders’ mixed feelings below $17,000
Derivatives data shows increased demand for margin longs contradicts traders’ perception that further downside in store for Bitcoin.
Inaugural Gam3 Awards to honor the best Web3 games of 2022
Following the announcement, a representative confirmed that the venture capital firm Bitkraft would also be joining as a partner and member of the jury.
US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins
According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed to freeze the PAXG tokens after “direction…