Dunamu recorded sales of about $204 million, an operating profit of $125.5 million, and a net profit of $120 million in Q3. 1 min read Updated: November 29, 2022 at 7:15 pm Cover art/illustration via CryptoSlate Dunamu, the parent company of South Korea’s largest crypto exchange Upbit, reported third-quarter revenue of $205 million and profit …
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Veteran investor Mark Mobius, the founder of Mobius Capital, expects the price of bitcoin to fall to $10,000. Nonetheless, he said: “Crypto is here to stay as there are several investors who still have faith in it.” Mark Mobius’ Bitcoin Price Prediction The founder of Mobius Capital Partners, Mark Mobius, shared his latest bitcoin price …
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Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated to the collapse of FTX. Line-Supported Digital Asset Exchange Bitfront Suspends New Sign-ups Bitfront, a crypto exchange operating in the …
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On Tuesday, the world’s largest non-fungible token (NFT) marketplace in terms of overall NFT sales volume, Opensea, announced that BNB blockchain-based NFTs will be supported on the marketplace platform. With BNB blockchain support, Opensea users will be able to purchase and list BNB NFT assets. Opensea Integrates BNB Chain — Marketplace Users Can Now Buy …
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Over the last trading session, the increase in selling pressure on the Tamadoge market has caused the buyers to lose grip on the $0.02 price level. Now as traders find a new demand zone at $0.0188, the market is bouncing back. The $0.02 price level will be recaptured before the day’s session runs out. Tamadoge …
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After the Dash market overcome the resistance at the $37 price level on November 23, the eyes of the buyers were set on the $45 […] Go to Source
Recently, in the cryptocurrency industry (precisely around November 8 and 9) most of the crypto markets suffered the effect of a crisis which makes the […] Go to Source
A trading robot with a reputation for outperforming the digital asset markets is sharing its newest portfolio allocations amid the ongoing bear market. Every week, the Real Vision Bot conducts surveys to compile algorithmic portfolio assessments that generate a “hive mind” consensus. The bot’s latest data reveals that traders’ have a strong preference for Ethereum (ETH), with …
Beleaguered crypto exchange FTX says most of its subsidiaries are resuming salary and benefit payments to employees after being interrupted during the company’s insolvency crisis. In a statement, FTX’s new CEO John J. Ray III says that ordinary course payment will also resume for some of the firm’s non-US contractors and service providers to preserve …
The biggest crypto exchange in the US says it is adding the native token of the non-fungible token (NFT) gaming studio Vulcan Forged (PYR) to its list of supported digital coins. According to Coinbase, the platform is debuting trading of the Ethereum (ETH)-based altcoin on November 29th once liquidity conditions are met. “Coinbase will add …
Several US auditing firms are reportedly going to charge crypto companies a steeper fee for their services in the fallout of FTX’s implosion. According to the Financial Times, many audit firms are reclassifying crypto companies as “high-risk” clients that require additional scrutiny. Jeffrey Weiner, CEO of auditing firm Marcum, which provides services for Bitcoin miners …
Russian billionaire Vyacheslav Taran, president of Libertex Group and founder of Forex Club, died Nov. 25 in a helicopter crash in France while en route from Lausanne to Monaco, Switzerland. He was 53. The helicopter pilot, the only other person aboard the craft, also died. Libertex has confirmed Taran’s death, stating: “It is with great …
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Hackers who drained FTX and FTX USA of over $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11, continue to move assets around in an attempt to launder the money. A crypto analyst who goes by ZachXBT on Twitter alleged that the FTX hackers have transferred …
Everstake, a blockchain firm that partnered with the Ukrainian government to launch a donation website amid the country’s war with Russia, has pushed back against online rumors and conspiracy theories that the platform was used for politically motivated money laundering. Ukrainian government officials partnered with Everstake, Kuna and the now infamous crypto exchange FTX to …
Ether (ETH) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when analyzing a broader time frame, the 24% negative performance in the past 30 days significantly impacts investors’ sentiment. Moreover, investors’ mood worsened after BlockFi filed for bankruptcy on Nov. 28. Newsflow remained negative after the United States …
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