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Binance CEO: Most Governments Understand Crypto Adoption Will Happen Regardless

27.11.2022
Binance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. “It’s better to regulate the industry instead of trying to fight against it,” the Binance executive emphasized. Binance’s CEO on Crypto Regulation...

New York's mayor seeks balance with regulators after PoW mining moratorium

26.11.2022
Adams said New York is still focused on becoming a crypto hub, but statewide efforts to reduce emissions can be combined with this goal

El Salvador Establishes National Bitcoin Office to Manage ‘All Projects Related to the Cryptocurrency’

26.11.2022
After the Salvadoran president Nayib Bukele revealed the country would buy a single bitcoin every day, a report published by Torres Legal details that the government of El Salvador has created a National Bitcoin Office (ONBTC). The report says the entity was created via Decree No. 49, which...

Solana Foundation Lost Nearly $200 Million After FTX Collapsed – This is What You Need to Know

25.11.2022
The Solana Foundation lost close to $200m in the epic collapse of crypto exchange FTX, and says it remains an open question if any of it can be recovered in the aftermath of the bankruptcy. According to a newly updated report, the Solana Foundation held approximately $1m in cash, 3.43m FTT tokens...

Here's how centralized exchanges aim to win back users after the FTX collapse

25.11.2022
“We need to stop telling people to trust us and give them an actual reason to,” said Eric Demuth, the CEO of Bitpanda

MakerDAO expects $1.5M bad debt after FTX’s liquidity crisis!

25.11.2022
MakerDAO, the largest decentralized finance protocol, has announced plans to liquidate heavily leveraged vaults to prevent excessive bad debt. They tweeted: “Due to liquidations being previously disabled on the mentioned vault types, some positions accrued interest above their collateral value...

Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown

25.11.2022
Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and committed capital for the recovery fund. Crypto Industry Recovery Initiative Launched...

Report: Luno Africa Says Customers and Operations Not Affected by Turmoil at Genesis Capital

25.11.2022
Just days after reassuring concerned customers, Marius Reitz, the general manager of crypto exchange Luno Africa, recently reiterated the company has not been impacted by Genesis Capital’s decision to pause withdrawals. He added Luno customers still have access to funds in the savings wallet...

WEMIX token plunges 70% after it's delisted by Korean exchanges

25.11.2022
DAXA claimed that the circulating number of WEMIX exceeds what has been disclosed by Wemix, much to the chagrin of the issuers

Hollywood, Streaming Giants Scramble for Movie Rights to FTX Saga

24.11.2022
After the FTX collapse, the story seems as though it came from a financial thriller based on fiction and made-up characters. However, the story and the people behind it are very real and today’s streaming giants like Amazon, Apple, and Netflix are vying to get the rights to tell the FTX tale....

Onchain Analysis Verifies the Number of BTC Held by Grayscale’s Bitcoin Trust

24.11.2022
After Grayscale Investments shared information concerning the company’s product holdings, people questioned why the firm wouldn’t share the public addresses associated with the crypto assets it holds. However, on Nov. 23, OXT researcher Ergo published a Twitter thread featuring...

Leading Cardano stablecoin project shuts down after excruciating launch delays

24.11.2022
Ardana developers claimed back in January that "almost all of the product/smart contract development is finished."

The future of Web3 after the FTX saga

24.11.2022
It seems a month can’t go by at the moment without some industry-altering news coming out and sending Web3 into another tailspin. This month’s focus has been FTX, a centralized cryptocurrency exchange that was worth over $32 billion at the beginning of 2022. Fast forward to November, and...

No Let-Up in Demand for Bitcoin, Ether Puts After Dovish Fed Minutes

24.11.2022
Puts tied to BTC and ETH continued to draw demand as the crypto market remained focused on the FTX contagion

Ripple CTO Says One Important Lesson From FTX Meltdown ‘Will Not Be Learned’

24.11.2022
A Ripple executive says there is one important lesson from the meltdown of crypto exchange FTX that he “can say with total confidence will not be learned.” The executive added: “Regulation that punishes after the fact won’t catch it. Investor due diligence won’t...