Turbulence for blockchain industry despite strong Bitcoin fundamentals: Report
It’s Downtober for crypto as venture capital drops 48.6%, security token volume is down 24.8%, and Core Scientific and Argo Blockchain face financial difficulties.
It’s Downtober for crypto as venture capital drops 48.6%, security token volume is down 24.8%, and Core Scientific and Argo Blockchain face financial difficulties.
Although it was quickly overshadowed by more dramatic events, the LBRY case is a rare instance of a crypto-related unregistered securities complaint going to court.
The Ethereum merge is the upgrade from proof-of-work to proof-of-stake as a way of validating block transactions on the network.
Snowden draws attention to buying Bitcoin after the March 2020 crash as BTC price action consolidates below $17,000.
CEO Marszalek says the firm has recovered much of the funds and has less than $10M in exposure to FTX.
Web3 technologies are changing the way we engage with various forms of entertainment and ownership is at the heart of it.
Chinese Bitcoin mining firm Canaan posted a 90% over-the-quarter decrease in net income in Q3 2022, but it’s not the end of its business.
Short CRO traders were paying as much as 3% premium to long traders on Nov. 14, reflecting extreme bearishness in its futures market.
As the music industry continues to push into the Web3 space getting artists both mainstream and up-and-coming has its hurdles but also major rewards.
Bitcoin may be bruised, but big names are keeping the faith as data shows investors have seized the chance to “buy the dip” on BTC.
Despite the backlash he previously received for purchasing BTC as markets crashed, Bukele cited the recent FTX collapse to explain why Bitcoin is different.
Binance CEO Changpeng Zhao clarified that the project is for other potentially strong projects and not FTX, saying that “liars or fraud” would never qualify.
The collapse of FTX has raised alarm bells across Washington D.C.
In a previous post on Twitter, the AAX exchange said it has no financial exposure to FTX and its affiliates.
Confidence in centralized exchanges appears to be waning as Bitcoin flows into self-custody wallets at near-record levels.
Binance CEO Changpeng Zhao said self-custody is a “fundamental human right,” while Michael Saylor said self-custody is necessary to prevent powerful actors from accumulating and abusing power.
Kraken said it froze account access to certain funds “we suspect to be associated with ‘fraud, negligence or misconduct’ related to FTX.”
A Curve spokesperson has confirmed they have been in negotiations to acquire BlockFi’s credit card program’s customers since Nov. 12.
Voyager reopened its bidding process after FTX US, the original winner, filed for bankruptcy on Nov. 11.
Crypto doesn’t need reversible transactions. It needs real-time threat monitoring and more audits.
The Bahamas securities regulator and financial investigators are reportedly investigating the collapsed crypto exchange.
SRM and MSRM tokens and fees discounts were not changed and were working as before, said developers.
Founders of Bitcoin Beach El Salavdor, Bitcoin Ekasi in South africa, Dakar Bitcoin Days in Senegal and Global Bitcoin Fest shed light on building Bitcoin communities around the world.
A wireless device called a hotspot, or helium miner, uses radio technologies for HNT minting and rewards HNT tokens for providing coverage.
It appears that more investors are choosing to self-custody their BTC funds in the wake of the FTX scandal and fallout.
Financial Secretary Paul Chan highlighted the importance of being “steady and cautious” when promoting the development of the virtual asset industry in Hong Kong.
While acknowledging the damage caused by FTX, Buterin believes that FTX CEO Sam Bankman-Fried, as a person, deserves love.
A wallet address linked to the Huobi exchange was found transferring 10,000 ETH to Binance and OKX deposit wallets soon after releasing its asset snapshot.
Crypto.com CEO confirmed the return of the funds and reassured the investors that new processes and features were implemented to prevent a reoccurrence.