Troubled Crypto Lender Hodlnaut Had $18M on FTX Before Withdrawal Freeze
Crypto lender Hodlnaut has been dealt another blow in its pursuit for recovery after it emerged that it has $18 million stuck on FTX, the crypto exchange that halted withdrawals earlier this week.
Tron’s stablecoin USDD loses dollar peg on suspected selloff by Alameda Research
Wallets associated with Sam Bankman-Fried’s Alameda Research could be behind the dollar de-peg, alleges Tron’s founder.
Tether’s USDT Stablecoin Slips From $1 Peg
USDT is trading at $0.9955 on several bourses, down 0.6% from its $1 peg.
Google is launching cross-platform features to make it easier to follow the FIFA World Cup
Google is rolling out a bunch of updates across platforms making it easier for fans to follow the FIFA World Cup starting November 20. These include a daily highlights video from TV networks, customized notifications, a dedicated section on Google TV, and a multiplayer game. Just like for any sport, you can search with phrases … Read more
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FTX Suspends Customer Signups After Widespread Criticism
The exchange is facing an acute liquidity crisis.
EU Lawmakers Vote Stronger Cyber Protection for Crypto, Other Finance
The crypto world is highly prone to hacks and attacks, but the jury is out on the impact the new measures will have
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Ledger hardware wallets hit by the FTX earthquake, CTO says
Some Ledger users weren’t able to process withdrawals using Ledger Live on Wednesday, according to social media reports.
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Elon Musk ends remote work at Twitter, tells staff to prepare for ‘difficult times ahead’
Illustration by Laura Normand / The Verge Elon Musk has sent his first email to Twitter’s staff, warning employees to prepare for “difficult times ahead” and putting an immediate end to remote work. In the email reported by Bloomberg News, Musk warned that a weaker economic environment in the US would mean difficulties for Twitter. … Read more
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Ether, Solana Trade at Premium on FTX – Here is (Probably) Why
The premium stems from users with trapped assets on FTX putting their money into major tokens in hopes of receiving some recovery value, one observer said.
Unclear regulations drove 95% of trading activity offshore: Coinbase CEO
The U.S. regulators are currently investigating FTX.US, Coinbase and Binance in the wake of the collapse of the FTX global crypto exchange.
In times of crisis, fintech startups should take the long view instead of hibernating
Vadym Synegin Contributor Share on Twitter Vadym Synegin is a Ukrainian impact entrepreneur, philanthropist and investor in fintech and crypto projects with more than 15 years’ experience as an entrepreneur in Europe and the UAE. More posts by this contributor 5 reasons why Ukraine’s fintech sector is growing despite war The fintech industry is currently … Read more
UK’s Crypto Future Is Bright No Matter Who’s in Charge, Lawmaker Says
Member of Parliament Lisa Cameron’s cross-party group for digital assets is working to ensure crypto regulations remain apolitical amid all the changes in leadership.
Grayscale Bitcoin Trust closes with 41% premium lost amid FTX meltdown
On Nov. 9, the GBTC closed at a record discount of 41% with a one-share price standing at $8.76.
Bitcoin miners ‘next trigger’ for BTC price crash as outflows hit multi-month highs
Miners face an impossible situation if prices stay this low, which could result in a sell-off accompanied by a BTC price macro low.
Blnk, a fintech that provides instant consumer credit in Egypt, raises $32M in debt and equity
Credit card penetration in Egypt is low, with just over 4 million cards used in a population of more than 100 million people. As such, people in the country have little or no access to credit, given the other few options that exist in the market. One of these options, consumer loans, is being explored … Read more
TRX Momentarily Surges 4,000% on FTX After Justin Sun Emerges as Latest ‘Would Be’ FTX Savior
Justin Sun offered a “way forward” for embattled exchange FTX earlier.