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FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate
18.1.2023
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief restructuring officer, John J. Ray III, met with...
Cornell Professor Warns of Disruption to US Bond Market From Potential Collapse of Major Stablecoin
16.1.2023
A professor from Cornell University has warned about the potential effects a collapse of a major stablecoin could have on the U.S. bond market. Eswar Prasad said that if large stablecoins face a collapse, the number of Treasury bonds they would need to sell could disrupt the U.S. Treasuries market...
Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows
15.1.2023
A survey has indicated that Hungarians would like to learn more about the long-term investment opportunities presented by cryptocurrencies. However, associated risks and insufficient information in their native language are major concerns, according to the polled. Hungarians Want to Know How Crypto...
The Fed Will Keep Focusing on Crypto — Fed Governor Says ‘We Do Not Want to Hinder Innovation’
12.1.2023
Federal Reserve Governor Michelle Bowman says while “cryptocurrency activities can pose significant risks,” the Fed does not want to “hinder innovation.” She added: “By inhibiting innovation, we could be pushing growth in this space into the non-bank sector, leading...
New Nigerian Central Bank Document Discusses Regulation of Stablecoins and ICOs
10.1.2023
According to a recently unveiled document, the Nigerian central bank will in the future be open to developing a regulatory framework for potential implementations of stablecoins. The document also discusses the regulation of initial coin offerings (ICOs) and how these can become “a new way...
NY law firm investigates potential 'securities fraud' at Core Scientific
10.1.2023
The investigation was prompted by a report from Culper Research, which alleged that Core Scientific had "wildly oversold" its mining and hosting businesses
Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization
7.1.2023
During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last few weeks. Russia’s central bank revealed two weeks ago that it is further distancing itself from U.S. dollar dependence by purchasing the Chinese yuan...
Crypto Whales Believe These Altcoins Have Huge Potential – Find Out Why
5.1.2023
Despite destabilizing economic conditions and FTX contagion possibilities, the crypto market has held relatively steady recently as Bitcoin moves between $16k to $18k. As this period of market consolidation continues, whales are stocking up on select coins in anticipation for a coming bullish surge...
Litecoin (LTC) outperforms its peers and showcases huge potential!
4.1.2023
Litecoin is a decentralized, open-source payment network that operates using a cryptocurrency called Litecoin (LTC). The network is secured by cryptography, and transactions are verified by network nodes through the use of complex mathematical algorithms. Litecoin is a peer-to-peer network, which...
Crypto Analysts Believe These Altcoins Have the Most Potential for Growth in 2023 - Find Out Why
30.12.2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com
2023 is just around the corner, and many crypto investors have been reorganizing their portfolios to focus on assets that can deliver gains in the...
High-potential presale Oryen Network (ORY) is likely to outpace Decentraland (MANA) and The Sandbox (SAND)
28.12.2022
Oryen Network (ORY) is a multi-use cryptocurrency platform that allows staking, trading, and asset management. Since the start of its presale, ORY has gained over 570%, making it an attractive option for those looking to invest in cryptocurrencies. Oryen Network is gaining traction with crypto...
Crypto Lender Vauld Calls Off Potential Acquisition by Rival Nexo
26.12.2022
The two started negotiations earlier this year and signed an initial agreement in July
Trust Wallet Token (TWT), Orbeon Protocol (ORBN): 2 new projects with massive potential returns
26.12.2022
Orbeon Protocol (ORBN) and Trust Wallet Token (TWT) are two cryptocurrency projects with the potential to deliver massive returns for investors. ORBN is currently in the third phase of its presale, with analyst projections of a 6000% return by the end of the presale. ORBN is revolutionizing venture...
Bank of England’s Cunliffe Pushes for Crypto Regulation — Sees ‘Real’ Benefits for UK
24.12.2022
Bank of England Deputy Governor Sir Jon Cunliffe has revealed that the British central bank is planning to step up its efforts to regulate cryptocurrency trading with new laws. “We should think about regulation before it becomes integrated with the financial system and before we could have...
DeFi Derivatives Trading Has Untapped Potential
23.12.2022
If we learn to read the markets, make smart use of the data at our disposal and overcome a few speed bumps along the way, options will certainly drive the next era of DeFi to higher highs than ever before
Defi More Scalable Than Traditional Finance, New Study Says
22.12.2022
Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak of $180 billion in Dec. 2021...
Celsius amasses 30 potential bidders for its assets, withdrawal motion approved
21.12.2022
The bankrupt lender is set to hold auctions for its assets in January, while it's been given the green light to return some customer funds
Hal Finney's wife resumes activity on Bitcoin pioneer's Twitter account to avoid potential purge
16.12.2022
Under Elon Musk’s leadership, Twitter suspended a number of accounts including those controlled by high-profile journalists and social networking platform Mastodon
XRP Price Prediction as Ripple Sees Potential in Carbon Credit and Gaming NFTs – XRP to the Moon?
11.12.2022
Read More: XRP Price Prediction as Ripple Sees Potential in Carbon Credit and Gaming NFTs – XRP to the Moon?
Looking at DeFi's Untapped Potential
11.12.2022
Gwendolyn Regina is Investment Director at BNB Chain.__________
Decentralized finance (DeFi) is the largest and most innovative crypto vertical in the last two years. DeFi has used smart contract platforms as a base to develop a network of interconnected layers for decentralized financial...