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Caribbean nation St. Kitts & Nevis may adopt Bitcoin Cash as legal tender by March 2023

November 14, 2022 by

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.

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Turkey’s financial authority investigates FTX’s collapse

November 14, 2022 by

The Turkish regulator joined the United States and the Bahamas in investigating the exchange’s fall.

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Binance’s CZ says users share blame for placing trust in FTX, should take responsibility

November 14, 2022 by

The Binance CEO was responding to a questioner who accused the company of profiting from FTX’s downfall while normal users suffered.

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South Korean prosecutors call on Terra co-founder Shin Hyun-seong to cooperate: Report

November 14, 2022 by

Authorities reportedly alleged Shin Hyun-seong earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra’s collapse.

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BlockFi denies rumors that majority of its assets were held on FTX

November 14, 2022 by

Although it admitted to “significant exposure,” the crypto lender assured clients that it has “the necessary liquidity to explore all options.”

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Amid FTX collapse, crypto funds see largest inflows in 14 weeks

November 14, 2022 by

The Bitcoin price briefly fell below $16,000 last week as Sam Bankman-Fried’s FTX Group filed for bankruptcy.

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Bitcoin derivatives data reflects traders’ mixed feelings below $17,000

November 14, 2022 by

Derivatives data shows increased demand for margin longs contradicts traders’ perception that further downside in store for Bitcoin.

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Inaugural GAM3 Awards to honor the best web3 games of 2022

November 14, 2022 by

Following the announcement, a representative confirmed that the venture capital firm Bitkraft would also be joining as a partner and member of the jury.

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Former Huobi-linked entity says it has $18.1 million stuck on FTX

November 14, 2022 by

Lin Li, the company’s founder, has agreed to lend up to $14 million to New Huo Technology to bail out affected clients.

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Arbitrum sees steady growth as airdrop speculation leads to increased earnings

November 14, 2022 by

Arbitrum earnings are soaring as daily active users flood the layer-2 platform with the hope of an eventual airdrop.

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Manhattan District Attorney’s Office probes FTX collapse: Report

November 14, 2022 by

A source with knowledge of the investigations reportedly said New York authorities were looking into the collapse of FTX following the firm declaring bankruptcy on Nov. 11.

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Turbulence for blockchain industry despite strong Bitcoin fundamentals: Report

November 14, 2022 by

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.

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SEC wins LBRY case, but the victory may have little impact in the greater cryptoverse

November 14, 2022 by

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.

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Is GPU mining profitable after the Ethereum Merge?

November 14, 2022 by

The Ethereum merge is the upgrade from proof-of-work to proof-of-stake as a way of validating block transactions on the network.

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Edward Snowden says he feels ‘itch to scale back in’ to $16.5K Bitcoin

November 14, 2022 by

Snowden draws attention to buying Bitcoin after the March 2020 crash as BTC price action consolidates below $17,000.

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Blockchain and the world’s growing plastic problem

November 14, 2022 by
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Crypto.com CEO addresses whereabouts of $1B in stablecoins sent to FTX

November 14, 2022 by

CEO Marszalek says the firm has recovered much of the funds and has less than $10M in exposure to FTX.

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Ownership is the future of digital entertainment, says blockchain exec

November 14, 2022 by

Web3 technologies are changing the way we engage with various forms of entertainment and ownership is at the heart of it.

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Bitcoin miner Canaan scales operations despite low earnings, CEO says

November 14, 2022 by

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.

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Crypto.com’s CRO is in trouble, but a 50% price rebound is in play

November 14, 2022 by

Short CRO traders were paying as much as 3% premium to long traders on Nov. 14, reflecting extreme bearishness in its futures market.

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Helping mainstream artists into Web3: The triumphs and struggles

November 14, 2022 by

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.

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Elon Musk says BTC ‘will make it’ — 5 things to know in Bitcoin this week

November 14, 2022 by

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.

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El Salvador President Bukele says Bitcoin is ‘the opposite‘ of FTX

November 14, 2022 by

Despite the backlash he previously received for purchasing BTC as markets crashed, Bukele cited the recent FTX collapse to explain why Bitcoin is different.

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Binance creates industry recovery fund to help projects struggling with liquidity

November 14, 2022 by

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.

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US lawmaker blames ‘billionaire crypto bros’ for delayed legislation

November 14, 2022 by

The collapse of FTX has raised alarm bells across Washington D.C.

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AAX reiterates withdrawal halt is unrelated to FTX contagion

November 14, 2022 by

In a previous post on Twitter, the AAX exchange said it has no financial exposure to FTX and its affiliates.

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Exchange outflows hit historic highs as Bitcoin investors self-custody

November 14, 2022 by

Confidence in centralized exchanges appears to be waning as Bitcoin flows into self-custody wallets at near-record levels.

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CZ and Saylor urge for crypto self-custody amid increasing uncertainty

November 14, 2022 by

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.

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Crypto exchange Kraken freezes accounts related to FTX and Alameda

November 14, 2022 by

Kraken said it froze account access to certain funds “we suspect to be associated with ‘fraud, negligence or misconduct’ related to FTX.”

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Payments company Curve bids for BlockFi’s 87,000 credit card customers

November 14, 2022 by

A Curve spokesperson has confirmed they have been in negotiations to acquire BlockFi’s credit card program’s customers since Nov. 12.

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