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Crypto Has Prepared for Divided US Government, Republican Rise

November 8, 2022 by

As U.S. voters head to the polls Tuesday, the crypto industry is confident that it’s positioned itself well for the newly divided government expected to emerge when the votes are tallied.

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Wintermute-Backed DEX Bebop Launches on Polygon

November 8, 2022 by

Bebop, which is incubated by crypto market-maker Wintermute, first launched on the Ethereum blockchain this past June.

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Abracadabra’s MIM Stablecoin Briefly Lost Dollar Peg as FTX’s FTT Token Tanked

November 8, 2022 by

FTT is the largest collateral backing MIM, accounting for 33% of the total locked in Abracadabra’s “cauldrons.”

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Crypto Exchange Coinbase Germany Ordered by Regulator to Tackle “Organizational Deficiencies”

November 8, 2022 by

Germany’s Federal Financial Supervisory Authority (BaFin) uncovered the issues during an audit of financial statement.

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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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Global Money Laundering Watchdog Says Crypto Monitoring Regime Is Unchanged

November 8, 2022 by

The Financial Action Task Force told CoinDesk it has not changed the way it monitors crypto assets or the process by which countries are added to the “gray list” for increased monitoring.

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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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BitDAO Community Asks Alameda for Proof of Funds After BIT’s Sudden 20% Drop, Threatens to Dump FTT

November 8, 2022 by

The BitDAO community has threatened to sell FTT tokens if Alameda fails to provide evidence that it continues to hold FTT tokens as promised. Alameda has promised to provide the evidence soon.

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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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Bitcoin, Ether Slide as Protective Puts Draw Demand Amid Sell-Off in FTX’s Token

November 8, 2022 by

Options market tied to bitcoin and ether shows renewed bias for puts, perhaps a sign of investor fears that the FTX-Alameda drama may bring another market-wide crash.

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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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FTX Token Plummets as Market Fears Possible Alameda Contagion

November 8, 2022 by

FTT was down nearly 12% in the last hour and over 20% during the last 24 hours.

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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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First Mover Asia: A Good Week for Exchange Tokens, Except FTT; Solana Continues Falling

November 8, 2022 by

During the past week, a number of exchange tokens have outperformed bitcoin, including OKX and CRO. FTT is not among them.

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Ethereum Co-Founder Di Iorio Unveils New Project to Bring Blockchain Computers to a Wider Audience

November 8, 2022 by

The Decentral and Jaxx Liberty Founder unveiled the project in Toronto, Canada; Ethereum’s birthplace.

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Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 Earnings

November 7, 2022 by

Riot said its revenues declined as it powered down its Texas operations amid surging electricity demand.

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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.

Categories CoinTelegraph, Crypto Leave a comment

Market Wrap: Solana Plunge Highlights Major Cryptos’ Day in the Red

November 7, 2022 by

The native token of the Solana protocol recently fell over 6%; bitcoin and ether dropped more modestly as investors await the midterm elections and latest inflation data. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

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Judge rules LBRY video platform’s token is a security in case brought by the US SEC

November 7, 2022 by

The court was unmoved by LBRY’s objections that the regulator’s claims were unfounded and it was not given the chance to operate in compliance with SEC requirements.

Categories CoinTelegraph, Crypto Leave a comment

AAA gaming companies will look like peanuts as GameFi evolves: Skale CEO

November 7, 2022 by

Finding a sustainable GameFi model is still challenging, as user experience ranks at the top of industry concerns.

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Bitcoin miner Iris Energy faces $103M default claim from creditors

November 7, 2022 by

The company is facing a cash flow crisis due to tough market conditions.

Categories CoinTelegraph, Crypto Leave a comment
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