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Bahamas Regulator Freezes FTX Assets — Supreme Court Appoints Provisional Liquidator
11.11.2022
The Bahamas Securities Commission has frozen the assets of FTX Digital Markets and related parties. The financial regulator said the prudent course of action is to put the crypto firm “into provisional liquidation to preserve assets and stabilize the company.” Bahamas Securities...
Cosmos Blockchain Founder Kwon Says He Is Against Proposed Changes to ATOM Token
11.11.2022
Voting on the contentious proposal, which would allow the introduction of liquid staking, ends Monday
Russia and Turkey to Collaborate on Combating Crime-Related Crypto Transactions
11.11.2022
Law enforcement and judicial authorities from Russia and Turkey are joining forces in the fight against cybercrime, including the use of cryptocurrencies for illegal purposes. The collaboration has been agreed upon during a visit by Russia’s Prosecutor General to Ankara. Russia, Turkey Arrange...
Tron's DAO to Purchase $1B USDT to 'Safeguard' Against Market Slump
10.11.2022
USDT slipped to as low as 93 cents in the European afternoon hours
State-Run Chinese Newspaper Economic Daily Warns Against ‘Betting Big’ on the Metaverse
10.11.2022
Economic Daily, an economic newspaper run by the Chinese state, has published an article noting problems with investing in the metaverse. The article says that metaverse investments might not be suitable for all regions of the country, comparing the trend to the explosion of new green energies...
Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low
10.11.2022
Just a few days after plummeting to its worst exchange rate against the U.S. dollar ever, the Nigerian currency was trading at around 820 units for every dollar on Nov. 8, a report has said. An economist has suggested that the Central Bank of Nigeria’s controversial currency plan is unlikely...
World’s Worst Performing Currency, the Cedi, Reverses Gains — Economist Steve Hanke Says Ghana Inflation Now Over 140%
10.11.2022
Just days after registering marginal gains against the U.S. dollar, the Ghanaian currency — the cedi — slipped to C14:$1 versus the U.S. dollar on the foreign exchange parallel market on Nov. 7. The cedi’s reversal is said to have dented the currency’s recovery prospects. On the other...
FTX website comes back online with message advising against deposits
10.11.2022
Neither FTX CEO Sam Bankman-Fried nor any FTX official has provided its users with clarity as to why FTX’s website was taken down
SEC Wins Court Case Against Blockchain-Powered Platform – Team Says Loss Sets ‘Dangerous Precedent’
8.11.2022
The Securities and Exchange Commission (SEC) has won a court case against the blockchain-based publishing platform LBRY. According to LBRY, the SEC’s victory sets “a dangerous precedent” for crypto regulation in the US.
The win for the American financial regulator means that LBRY’s token LBC...
New Hampshire Court Sides With SEC in Lawsuit Against LBRY, Project’s Team Says Loss Sets a ‘Dangerous Precedent’
7.11.2022
The U.S. Securities and Exchange Commission (SEC) has won a court case against the blockchain-powered publishing platform LBRY. According to a New Hampshire district court ruling, Judge Paul Barbadoro agreed with SEC that the project’s native asset LBC was considered an investment contract or...
Crypto Exchange Binance Dumping All FTX Tokens on Its Books — CEO Cites ‘Recent Revelations’
7.11.2022
Binance is dumping all of its FTX token (FTT) holdings “Due to recent revelations that have come to light,” CEO Changpeng Zhao has confirmed. “Regarding any speculation as to whether this is a move against a competitor, it is not,” he added. “Our industry is in...
Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Call, Report
6.11.2022
Cryptocurrency exchange Bybit has no intention to introduce restrictions for Russian traders, despite a recent reminder by the Monetary Authority of Singapore (MAS) about the obligations of crypto providers in that respect. According to a crypto media report, the platform shared its position...
Support for Ripple Grows in SEC Lawsuit Over XRP — CEO Says ‘It’s Unprecedented’
6.11.2022
Support for Ripple Labs in its fight against the U.S. Securities and Exchange Commission (SEC) over xrp has grown, with 12 amicus briefs filed. “It’s unprecedented,” Ripple CEO Brad Garlinghouse said, adding that each brief explains in its own unique way “the irreparable...
Dogecoin Jumps 116% Higher in 2 Weeks, King of Meme Coins Outperforms Leading Crypto Assets
5.11.2022
Dogecoin, the king of meme coins, has been one of the best performing crypto assets during the last 30 days and ever since Elon Musk took over Twitter. Statistics show that dogecoin has risen 116.3% against the U.S. dollar during the last two weeks, and the token has situated itself in the eighth...
Silver Rallies 7% Rising Past $20 per Ounce, US Mint Says Fabricators Are ‘Struggling to Keep up With Demand’
5.11.2022
On Friday, as the global cryptocurrency market cap jumped 5.4% higher against the greenback, U.S. stocks rallied toward the end of the day with the top four major stock indexes gathering gains. Precious metals also soared as the New York spot price of gold per troy ounce increased by 3.20%,...
CBDCs are a declaration of war against the banking system claims economist
4.11.2022
Richard Werner discusses decentralization's challenges and blockchain's role in it in an exclusive interview with Cointelegraph
CFTC Issues Order Against Fraudulent Crypto Arbitrage Company
4.11.2022
The Commodity Futures Trading Commission (CFTC) has issued an order against the CEO of a fraudulent crypto trading firm "Abritraging.co."
Marvel Snap Will Let You Play Against Friends Soon
3.11.2022
“How do I play with you?” That’s the first thing my friend asked when I got him hooked on Marvel Snap. “You can’t,” I answered. But that won’t be the case for long. The developers behind the mega hit mobile card game say the ability to battle against friends will arrive within the next...
ASIC's Longo pledges action against certain ‘high-risk’ crypto products
3.11.2022
The chair of Australia’s market regulator has warned that “action will be taken” on financial product issuers who promote risky products to a wide consumer base
Coinbase and Blockchain Advocacy Group Join Ripple’s Fight Against SEC
2.11.2022
Major crypto exchange Coinbase has followed advocacy group Investor Choice Advocates Network to voice its support for Ripple’s key defense in its legal fight against the SEC.
News that Coinbase has come out in support of Ripple and its important “fair notice” defense means that Ripple now has...