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Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect
18.11.2022
An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and the liquidity crunch that ensued, likely started the domino effect that led to the company’s implosion. The study...
Bitflex: Next-Generation Cryptocurrency Exchange Officially Launches
18.11.2022
PRESS RELEASE. Seychelles, November 18, 2022 – Bitflex Ltd. (“Bitflex,” “we” or “our”), a blockchain technology company in the global market, today has just announced the official launch of its cryptocurrency exchange. The launch follows an extremely successful beta period, which saw its user base...
Bitcoin Holds Steady Over $16K Amid Widening FTX Fallout
17.11.2022
Bitcoin has been trading flat this week, even as more companies admit exposure to crypto exchange FTX, which has filed for Chapter 11 bankruptcy protection
Bitcoin Exit From Crypto Exchanges Rises to 220K Over Past 10 Days
17.11.2022
The exits began earlier in November as suspicions rose about FTX's solvency
Russia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions
17.11.2022
Both facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including cryptocurrencies, a Kremlin advisor has unveiled in Havana. Moscow is already developing a mechanism for crypto settlements to circumvent financial restrictions imposed over its invasion...
US crypto exchanges lead Bitcoin exodus: Over $1.5B in BTC withdrawn in one week
17.11.2022
Cold feet are in charge as exchange users continue to move Bitcoin from exchanges to non-custodial wallets
Market Wrap: Genesis Withdrawal Suspension Looms Over Cryptocurrencies
16.11.2022
Bitcoin and other cryptocurrencies fell as investors chewed over the industry’s latest debacle. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
US House Committee to Investigate and Hold Bipartisan Hearing on FTX Collapse
16.11.2022
The U.S. House Financial Services Committee is planning to investigate the FTX collapse, according to a joint press release published by the committee’s chair Maxine Waters and representative Patrick McHenry. Furthermore, a congressional hearing is scheduled to take place in December, according...
Blockstream CEO Adam Back talks Bitcoin over a game of Jenga
16.11.2022
Back was one of the few people cited in the original Bitcoin whitepaper
Bitcoin price dips to $16.4K over Genesis woes as execs defend GBTC
16.11.2022
The latest casualty of the FTX meltdown raises concerns over institutional investment fund, the Grayscale Bitcoin Trust (GBTC)
Finding Front-End Development Scholarships
16.11.2022
I’m often asked where to learn web development. The answer varies, of course, and we’ve published a few posts on the topic over the years, the most recent of which was Chris taking a stab at different learning paths in …
Finding Front-End Development Scholarships originally...
FTX Collapse: African Crypto Industry Leaders’ Perspective and Advice to Regulators
16.11.2022
The collapse of FTX and subsequent calls for tougher regulation by the likes of U.S. Senator Elizabeth Warren have increased the likelihood of regulators adopting even stricter crypto laws. In Africa, crypto industry participants warn of the unintended consequences arising from rushed...
Cryptopunks Climb Past Bored Ape NFT Floor Values Amid Crypto Market Carnage
16.11.2022
During the last five days, non-fungible tokens (NFTs) stemming from the Cryptopunks NFT collection have surpassed Bored Ape Yacht Club (BAYC) NFTs in terms of floor value. Statistics over the last ten days show the floor value of Cryptopunks NFTs remained above the 60 ether zone, while BAYC-based...
Yellen Says FTX Collapse Shows Weaknesses of Entire Crypto Sector — Fed’s Brainard Pushes for Strong Regulation
16.11.2022
U.S. Treasury Secretary Janet Yellen and Federal Reserve Vice Chair Lael Brainard have stressed the need for strong crypto regulation. Yellen said the FTX collapse shows “the weaknesses” of the entire crypto sector while Brainard cautioned that failures from one platform...
SBF winds down mystifying Twitter thread that said little over many hours
15.11.2022
The disgraced banker of last resort has been displaying odd behavior on Twitter, leading to speculation about his intentions and mental condition
Biggest Movers: UNI Hits 1-Week High, XRP 10% Higher
15.11.2022
Uniswap rose to a one-week high in today’s session, as crypto markets seemed to have settled following recent turbulence. The last seven days were filled with increased levels of fear, uncertainty, and doubt in the marketplace, as participants moved to shelter following the FTX collapse....
FTX bankruptcy filing speculates over 1 million creditors
15.11.2022
In the latest bankruptcy filing for the exchange, it was revealed that there may be one million creditors, rather than the 100,000 initially estimated
Axie Infinity P2E outranked as hot new Toon Finance coin takes over
15.11.2022
Toon Finance Takes over P2E industry If you look at Axie Infinity at its peak, you will soon see that it had well over 3 million players. The market cap also stood at $10 billion as well. Players in a lot of developing countries were said to be reporting way more money from playing the …
FTX's New Leadership Is in Touch With Regulators, May Have Over 1M Creditors, New Filings Say
15.11.2022
FTX filed more than 100 bankruptcy dockets. In a new filing posted late Monday, it finally revealed some of the details of how the exchange chose to enter bankruptcy
Best Coins to Buy Now That Worst Crypto Price Crash Is Over - D2T, RIA, TARO, DYDX, TWT
14.11.2022
The crypto market has been in a downward trend following a number of industry incidents. With the global economic outlook remaining unchanged, several heavyweight projects, including Bitcoin and Ethereum, have reached new two-year lows.
However, seasoned investors know this is a great time to...