The FTX collapse marks more than just the failure of another crypto exchange. It signals the time has come for the industry to grow up and embrace value. The value schism is here. FTX was the world’s second-largest crypto exchange. Now, it is a meme for the death rattle of absurd amounts of money being …
Continue reading “Learn from FTX and stop investing in speculation”
Former FTX head Sam Bankman-Fried (SBF) selected cryptocurrency vlogger Tiffany Fong for a series of lengthy and candid telephone interviews. In the two interviews that had been released on YouTube at press time, SBF speaks about many of the major questions connected with the collapse of FTX. The first interview was conducted Nov. 6 and …
Continue reading “‘I never opened the code for FTX’: SBF has long, candid talk with vlogger”
FTSE Russell, creator of the FTSE100 stock index, has released a series of indices whose constituents are digital assets, according to a press release released via its website on Nov. 29. The series has been produced in cooperation with Digital Asset Research. FTSE Russell is a subsidiary of the London Stock Exchange. The 2022 performance of the …
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Ron Wyden, chair for the United States Senate Finance Committee, has requested information from six crypto firms on consumer protection following FTX’s liquidity issues and bankruptcy. In separate letters dated on Nov. 28, Wyden targeted Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin, requesting information on what protections the exchanges had in place if a failure …
With the recent events in the cryptocurrency market, there has been a downtrend in prices and Bitcoin, the apex asset is one of the sources […] Go to Source
The Winklevoss Twins-backed exchange Gemini has announced a “Trust Center” to display a breakdown of funds held on the platform. The page, hosted on the Gemini website, reveals that it holds over $4.6 billion in crypto assets with $601 million in the treasury to back its stablecoin GUSD. However, data from several sources, including CryptoSlate’s …
Continue reading “Gemini reveals $601M GUSD backing, 45+ licenses amid global exchange turmoil”
The biggest news in the cryptoverse for Nov. 29 includes exchanges dismissing rumors of insolvency, NEXO releasing proof of reserves, Andre Cronje revealing how DeFi helped Fantom grow its reserve, U.S. politician Beto O’Rourke returning a $1 million donation to Sam Bankman-Fried, and ETH erasing 80% of deflationary gains post-FTX collapse. CryptoSlate Top Stories Exchanges …
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 …
Continue reading “Upbit’s parent company Dunamu sees profit drop 76% in Q3”
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 …
Continue reading “The World’s Largest NFT Marketplace Opensea Adds BNB Blockchain Support”
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 …
Continue reading “Tamadoge Price Prediction for the 29th of November: The Bias on TAMA Is Bullish”
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 …
