Two Investor Cohorts Are Aggressively Accumulating Bitcoin Following FTX Implosion: Analytics Firm Glassnode

A leading analytics firm says that two groups of Bitcoin (BTC) investors have been heavily loading up following the collapse of FTX. Glassnode says that shrimps, or entities owning less than one Bitcoin, have collectively accumulated over $1.55 billion worth of BTC following the downfall of FTX. “Bitcoin Shrimps (<1 BTC) have added 96,200 BTC …

LBRY alleges Apple forced it to censor certain terms during COVID-19

Blockchain-based file-sharing and payment network LBRY has alleged that tech giant Apple forced it to filter out certain search terms during the COVID-19 crisis in an apparent rejection of free speech.  In a Nov. 28 post on Twitter, LBRY alleges it was asked to censor anything related to COVID-19, especially vaccines and the human origins …

Israel’s chief economist lays out recommendations for crypto regulation

Israel’s chief economist has laid out a list of recommendations as to how policymakers should tackle digital asset laws in the country in order to safely drive up crypto adoption. In a 109-page report submitted to the Minister of Finance on Nov. 28, Shira Greenberg, Chief Economist at the Ministry of Finance, called for a more comprehensive …

Nifty News: China’s lockdown protest NFTs emerge, Candy Digital cuts staff, and more

China’s COVID-19 protests cemented as NFTs Nonfungible tokens (NFTs) depicting the ongoing protests in China against the country’s tough zero-tolerance COVID-19 policy have found their way to the NFT marketplace OpenSea. At least two collections have been created in November, the first is a Polygon (MATIC)-based collection called “Silent Speech” featuring 135 NFTs depicting images …

Silvergate denies recent FUD, confirms minimal exposure to BlockFi

Institutional crypto services provider Silvergate Capital has confirmed its minimal exposure to the embattled BlockFi crypto lending firm. On Nov. 28, Silvergate announced that its deposit relationship with BlockFi is “limited to less than $20 million of its total deposits from all digital asset customers.” Those deposits totaled $13.2 billion in Q3 according to the …

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