Bitcoin’s price hit $16,936 on Bitstamp exchange on Wednesday morning. It was the first time the largest cryptocurrency had fallen below $17,000 since November 2020. The BTC price was down 14% on the day.
The U.S. Treasury Department’s sanctions watchdog added three people to its blacklist, alleging they used crypto to facilitate the supply of illegal and synthetic drugs to the U.S.
Swedish researcher Eric Wall highlighted StarkNet’s influence on Ethereum’s scalability as he joins the board of the newly formed StarkNet Foundation.
There are at least four countries that have either scrapped or halted CBDC plans so far, and each central bank has its own reasoning for not launching one.
EU approval processes of 18 months can be sped up if there are concerns that FTX might topple, CoinDesk was told.
Backing out would be one more stunning development in the collapse of Sam Bankman-Fried’s crypto empire.
Zhao also noted in a Wednesday memo to staff that Binance had stopped selling its holdings of FTX’s tokens given the ongoing due diligence for the deal.
Abrdn, one of the U.K.’s biggest asset-management firms, has backed a $28.5 million Series A funding round into digital asset exchange Archax. Abrdn became the firm’s largest external shareholder earlier this year.
Fractional NFTs enable users to divide an NFT into multiple fractions, reducing the barrier to entry for investing in real-world assets.
Bitcoin integration is not on the immediate roadmap for blockchain bridge support via MetaMask Bridges, a MetaMask executive said.
Private equity firm Thoma Bravo led the expansion round, bringing the total amount raised to $130 million.
TRM, a rival of Chainalysis, last raised $60 million in December, 2021
El CEO de FTX perdió aproximadamente US$14.600 millones, casi el 94% de su riqueza total, según el Índice de Multimillonarios de Bloomberg.
La capitalización de mercado de las criptomonedas cayó 8,8% en las últimas 24 horas, según los datos.
The round was co-led by UAE wealth fund Mubadala Capital and investment firm Korelya Capital.
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 9, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
En los últimos días, la incertidumbre que despertó FTT, el token emitido por el exchange FTX, dejó a muchas personas preguntándose cómo funcionan y qué les da valor. Aquí te lo explicamos.
The Facebook parent company announced it will let go of approx. 13% of its current workforce in the first mass layoff in the company’s history.
Cryptocurrencies exposed to Sam Bankman-Fried and his companies, Alameda Research and FTX, have dropped by an average of 40% this week.
The company is building payment rails that could make crypto purchases as ubiquitous as Paypal transactions.
A Twitter user argued that the FTX crisis was only a black swan event that only its executives and a few others could have seen coming.
The firms also reported net loss of $68.1 million for the third quarter.
Amidst a number of new changes, Buterin’s new vision for Ethereum adds a section aimed at curtailing the threats of centralization.
The job cuts were across its Family of Apps and Reality Labs segments.
Kim Kardashian looks set to win an investor lawsuit against her and other celebrities over the cryptocurrency EthereumMax (EMAX), after a judge tentatively dismissed the case Monday, according to a Bloomberg report.
According to on-chain data, FTT token supply increased by 124.3% on September 8 when 173 million FTT tokens were created by a 2019 ICO contract, and Alameda was the recipient.
On-chain findings show Alameda has a $3 million debt over several Ethereum addresses.
Binance CEO CZ took to Twitter to assure users that the crypto exchange’s insurance funds have been topped off at $1 billion as the debacle with FTX rages on.
One of the reasons behind the delay is “the enormous amount of work for the lawyer linguists, given the length of the legal text.”
The combined company would have a more than 80% share of the global crypto market, the report said.