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Major stablecoins destabilized as market volatility and redemptions surge
11.11.2022
Nearly all major stablecoins lost their dollar pegs amid the FTX saga, but most have recovered again as markets stabilize
Major VC Firm Sequoia Capital Marks FTX Investment to $0 — Says ‘Liquidity Crunch Has Created Solvency Risk for FTX’
10.11.2022
Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent days, a liquidity crunch has created solvency risk for FTX,” the firm stressed, adding that “The full nature and extent of this risk is not known at this...
US lawmaker warns of 'major consequences' for users of unregulated crypto firms, citing FTX
10.11.2022
"FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine Waters
Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 Earnings
8.11.2022
Riot said its revenues declined as it powered down its Texas operations amid surging electricity demand
Market Wrap: Solana Plunge Highlights Major Cryptos’ Day in the Red
7.11.2022
The native token of the Solana protocol recently fell over 6%; bitcoin and ether dropped more modestly as investors await the midterm elections and latest inflation data. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
FTX addresses user withdrawal complaints amid major token movement
7.11.2022
The exchange assured users in a series of Tweets that withdrawals should be moving along and matching engines are running as they should - though some users didn’t buy it
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%,...
Counter-Strike Pro Pulls Off Unbelievable One-Shot Kill In Tourney
4.11.2022
I don’t watch many Counter-Strike: Global Offensive professional matches or tournaments or whatever, but even I find Sergey “Ax1Le” Rykhtorov’s amazing one-shot kill during a recent CS:GO tourney incredible. In fact, even if you’ve never played CS:GO, it’s really something to see…assuming you...
Stablecoin issuers Circle and Paxos gain approvals in Singapore
2.11.2022
The approvals came after the Monetary Authority of Singapore issued two consultation papers that proposed to ease regulatory hurdles for digital asset service providers
Record hash rates may see Big Oil become a major BTC mining player
2.11.2022
Big Oil’s influence over the Bitcoin network is growing stronger due to surging hash rates and distressed mining companies
Leaked Documents Show Facebook and Twitter Working Closely With DHS, FBI to Police Disinformation: Report
2.11.2022
The U.S. Department of Homeland Security (DHS) and the Federal Bureau of Investigation (FBI) are reportedly working closely with major social media platforms, like Facebook and Twitter, to police “disinformation.” Leaked documents further show their plans to expand censorship. Leaked...
3 major mistakes to avoid when trading crypto futures and options
1.11.2022
Leverage and hedging strategies are powerful ways to use derivatives contracts, but traders usually succumb to these three major mistakes
Fed Preview: As Crypto Market Sees Smaller Rate Hikes From December, Major Banks Warn 'Slower Doesn't Mean Lower'
1.11.2022
Markets are running ahead of themselves in pricing smaller Fed rate hikes and an early end of liquidity tightening, according to major investment banks
India’s Tax Authority Asks Crypto Exchanges for Details of Coins Traded on Their Platforms
1.11.2022
India’s tax authority has reportedly asked major cryptocurrency exchanges in the country to provide information pertaining to the coins traded on their platforms. The tax authority is also evaluating the taxability of crypto transactions to determine if the goods and services tax (GST) can...
Market Wrap: Dogecoin’s October Finale Trumps All Other Major Cryptos
31.10.2022
The popular meme coin was up more than 8% at one point as DOGE advocate Elon Musk asserted his control over Twitter. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Bitcoin 'double bottom' excites bulls as NVT signal predicts major move
31.10.2022
A strong sense of deja vu is palpable from comparing Bitcoin's last bear market to this one, Stockmoney Lizards suggests
Major milestones achieved by Pexpay in September
31.10.2022
Pexpay, an international cryptocurrency exchange offering 0 fee P2P (Peer-To-Peer) trading, has released its Spot and Futures market in Q3 2022. These features came after steady growth in Pexpay’s P2P trading users and volume, targeting major markets such as USD, EUR, CNY, and RUB. Recently secured...
Topps Reveals 2022 MLB Postseason NFTs Prior to the World Series
28.10.2022
As fans prepare for game one of the World Series between Major League Baseball’s (MLB) Philadelphia Phillies and the Houston Astros, the candy and collectibles firm Topps released the company’s 2022 NOW MLB Postseason non-fungible token (NFT) collection. The MLB Postseason NFT collection is being...
Moldova Bans Cryptocurrency Mining Amid Energy Crisis Caused by War in Ukraine
28.10.2022
The government of Moldova has decided to suspend crypto mining activities in the country as it’s facing a major energy crisis. The move is part of emergency measures to reduce power consumption with energy supplies dwindling due to the escalating conflict in neighboring Ukraine. Authorities...
Overwatch 2’s Halloween Event Is A Major Downgrade
26.10.2022
On October 25 through November 8, Overwatch 2 celebrates its first seasonal event since its debut earlier this month: The 2022 edition of its yearly weeks-long Halloween Terror extravaganza. Like past years, Halloween Terror will honor the holiday with new skins and a Junkenstein’s Revenge themed...