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Binance CEO shares ‘two big lessons’ after FTX’s liquidity crunch

November 9, 2022 by

CZ took to Twitter on Nov. 8 sharing “two big lessons” that crypto companies should learn amid the downfall of crypto exchange FTX.

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Martin Shkreli reassures Do Kwon about life in prison as they discuss FTX and Binance

November 9, 2022 by

The two showed up to talk about the big merger news in crypto on a Twitch podcast.

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Crypto fans should get behind Elon Musk’s subscription model for Twitter

November 8, 2022 by

Twitter’s subscription model is a step toward decentralization, and it will better align incentives between content creators and consumers.

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US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program

November 8, 2022 by

The redesignation of the crypto mixer essentially replaces the U.S. Treasury’s actions from August, establishing sanctions for its role in “enabling malicious cyber activities.”

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Coinbase and Kraken experience limited services amid markets turbulence

November 8, 2022 by

They are reportedly facing latency issues due to the high level of new user sign-ups and transfers to the platform.

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Binance’s FTX acquisition seen as chess move by crypto community

November 8, 2022 by

Binance’s decision to liquidate 23 million FTT tokens triggered FTX’s liquidity crisis.

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FTX Token, BNB and Solana soar after Binance CEO inks potential deal to acquire FTX

November 8, 2022 by

Solana and FTX token saw a sharp rebound after headlines announced that Binance would acquire FTX due to liquidity issues, but will the upside last?

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Germany’s financial regulator orders Coinbase to address ‘business organization’ practices

November 8, 2022 by

In effect since Oct. 27, BaFin’s order referred to Coinbase’s Germany arm outsourcing some operations “essential for conducting banking business or providing financial services.”

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Bitcoin price swings to over $20K as Binance helps FTX ‘liquidity crunch’

November 8, 2022 by

Binance may even end up buying FTX outright as withdrawals resume on promises from the world’s largest crypto exchange.

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Breaking: Binance CEO announces intent to acquire FTX to ‘help cover the liquidity crunch’

November 8, 2022 by

FTX CEO Sam Bankman-Fried called the news a “user-centric development that benefits the entire industry.”

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Chainlink plunges from three-month high as LINK price eyes another 50% correction

November 8, 2022 by

LINK could drop to nearly $4 by December 2022 given its failure to close above a key resistance level despite strong whale accumulation.

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Gym owners aim to bring NFT memberships to wellness clubs

November 8, 2022 by

NFT membership models are being leveraged to solve challenges faced by the fitness industry.

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How to stop your crypto community from imploding

November 8, 2022 by
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Single-issue crypto voters weigh in on midterms before US Election Day

November 8, 2022 by

The outcome of elections with pro- and anti-crypto political candidates could determine the future of digital asset legislation and regulation in the United States.

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Could Bitcoin have launched in the 1990s — Or was it waiting for Satoshi?

November 8, 2022 by

With the Internet, elliptic curve cryptography, even Merkle trees and PoW protocols all present, Bitcoin was “technically possible” in 1994.

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Ethereum Shanghai upgrade: EIP-3651 to cut gas fees for key network participants

November 8, 2022 by

Traders using builders to execute their complex trades could save a significant chunk of their gas fees as they no longer have to pay for failed transactions.

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DeFi faces criticism for denying user access based on wallet content

November 8, 2022 by

Entrepreneur Brad Mills said that decentralized finance rebuilt everything wrong with Wall Street on a blockchain.

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Alameda on the radar of BitDAO community for alleged dump of BIT tokens

November 8, 2022 by

Bybit co-founder Ben Zhou stated that while no wrong-doing is confirmed, the BitDAO community would like to see proof of fund from Alameda.

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Bitcoin price hits 2-week lows as FTX ‘bank run’ drains BTC reserves

November 8, 2022 by

Analytics tools can barely keep up as mass withdrawals appear to imply liquidity is evaporating.

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Japan’s largest mobile operator to establish Web3 consortium

November 8, 2022 by

Partially owned by the state, NTT Docomo aims to to accelerate the Web3 adoption in the Japan.

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MiCA legislation good news for crypto players: Binance Europe VP

November 8, 2022 by

The European Union’s Markets in Crypto-Assets legislation could create an easier environment for exchanges to operate in, according to Binance’s VP of Europe.

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Binance CEO not interested in Alameda’s offer to buy up its FTT holdings

November 8, 2022 by

CZ signaled that he isn’t interested in an offer from Alameda to buy out Binance’s FTX Tokens saying they’d rather “stay in the free market.”

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NFTs are the key to turning passive fandom into an active community

November 8, 2022 by

DAOs may be where all the action takes place, but the genesis of new Web3 communities popping up on the scene starts at the NFT.

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Investors increasingly confident of Ripple’s victory over SEC: CoinShares

November 8, 2022 by

XRP investment products have seen a third consecutive week of inflows, suggesting investors may be increasingly confident of Ripple’s victory.

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‘Do not delay’ — ASIC warns Aussies to look for 10 signs of a crypto scam

November 8, 2022 by

The list comes out as part of Australia’s 2022 Scams Awareness Week.

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Rivals steadfast even as two Aussie crypto ETF providers bail

November 8, 2022 by

The last week has seen two digital asset ETF providers announce their planned exit from the market amid regulator scrutiny and the prolonged crypto winter.

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Nifty News: Royalty-enforcing NFTs a ‘new asset class,’ South Korea buys NFTs with CBDC, and more

November 8, 2022 by

The CEO of NFT marketplace Magic Eden said NFT creators “need a sustained revenue model” and with “no way” of currently enforcing royalties a “new asset class” could emerge to enforce them.

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Countries ignoring crypto AML rules risk placement on FATF’s ‘grey list’ — Report

November 8, 2022 by

Reports suggest the Financial Action Task Force will conduct annual checks to ensure countries are enforcing anti-money laundering rules for crypto providers.

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Russia’s Central Bank report examines crypto’s place in the financial system

November 8, 2022 by

Russia’s Central Bank has released a report on digital assets which looks at how the technology could be integrated into its traditional financial system.

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Crypto notches a win among professional accountants

November 7, 2022 by

The Financial Accounting Standards Board made a change in October to help public companies that hold cryptocurrencies on their balance sheets.

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