Ripple CTO Says One Important Lesson From FTX Meltdown ‘Will Not Be Learned’

A Ripple executive says there is one important lesson from the meltdown of crypto exchange FTX that he “can say with total confidence will not be learned.” The executive added: “Regulation that punishes after the fact won’t catch it. Investor due diligence won’t either.” One Lesson From FTX Collapse That Won’t Be Learned The CTO …

NYC Mayor Undeterred by FTX Collapse — Insists Crypto Is an Industry ‘We Must Embrace’

The mayor of New York City, Eric Adams, is not discouraged by the collapse of crypto exchange FTX and heavy market sell-offs. Noting that crypto is coming whether we like it or not, he stressed the importance of moving into this space. NYC’s Mayor on FTX Collapse and the Importance of Embracing Crypto New York …

Aussies warned to avoid crypto paper wallets they find on the street

Australians have been warned to stay away from suspicious-looking fake Bitcoin paper wallets, which work by luring victims into accessing a lucrative crypto wallet but will ultimately drain them of their own crypto holdings. According to a Nov. 22 post on the Facebook page of the NSW Police Force, the scam starts as a paper …

Cosmos (ATOM) Rallies With Over 10% Gain As Indicator Shows Not In Safe Zone

ATOM’s price shows strength as price bounces off from a weekly low of $8.5 giving bulls some relief.  ATOM’s price continues to look bearish as more sentiment for the market lingers, with things looking uncertain for most traders and investors.  ATOM’s price rallies high on the daily timeframe as the price moves toward the 50 …

Aave Price Recovers Back To $57, But Threat Of New Attack Looms Over Protocol

The Ethereum-based decentralized finance (DeFi) protocol Aave suffered an attack led by Avraham Eisenberg. The controversial individual was behind a sophisticated run against Mango Markets. The run has been called an attack by some and a clever strategy by others.  Aave (AAVE) trades at $57 with a 7% and 36% loss in the last 24 …

Solana (SOL) Prints Over 16% Gains In The Last 24 Hours

The general cryptocurrency slump left all assets clinging to the support levels to stay afloat. Solana (SOL) was one of the most affected by this movement, deviating from its all-time high of $260.06 to currently trading at $13.75. The total circulating supply of SOL stands at $362,782,994. Also, the 24-hour low is $11.l7, while the …

Ethereum Classic (ETC) Sees Over 7% Gains Amidst Crypto Market Recovery

Ethereum Classic (ETC) is currently trading at $19.65, an increase from its previous price. The crypto, presently ranked at number 23 on CoinMarketCap, shows signs of life. The 24-hour trading volume of the token stands at $332,995,651.  The 24-hour low of ETC stands at $18.20, while the high was at $20.15. The market capitalization of …

Crypto Market Back To High Correlation As All Indexes Closely Follow Bitcoin

Data shows the crypto market has become highly correlation again in the past week as all indexes have been closing following Bitcoin. All Market Cap Weighted Crypto Indexes Have Been Moving Together Recently According to the latest weekly report from Arcane Research, the 30-day ETH-BTC correlation now has a value of 0.95. To assess the …

Crypto has survived worse than the fall of FTX: Chainalysis

Blockchain analysis firm Chainalysis has compared the fall of Mt. Gox to FTX to determine how FTX’s bankruptcy will impact the ecosystem. It concluded that FTX was a relatively smaller part of the crypto industry than Mt. Gox was at the time and that the industry should bounce back stronger than ever. In a Nov. …

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