Bookmarking Crypto Insights
UAE’s capital city of Abu Dhabi has granted Binance permission to offer financial services, the latest in a series of regulatory approvals for the exchange in the Middle East. Go to Source Powered by WPeMatico
Crypto exchanges use technology and basic design principles to attract a new wave of users into the crypto ecosystem. Go to Source Powered by WPeMatico
Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain. Go to Source Powered by WPeMatico
Ethereum moved into the red on Nov. 16, as markets became nervous, following a missile accidentally exploding in Poland. Fears grew of potential escalation in the war between Russia and Ukraine, as the missile hit Poland, which is a NATO-backed country. Poland and NATO have both downplayed the strike, and have so far not accused … Read more
The infamous Mt. Gox Bitcoin hack cost the same in U.S. dollar terms as FTX emptying its 20,000 BTC balance. Go to Source Powered by WPeMatico
Authorities in both countries are reportedly in conversation about whether to bring the former FTX CEO back to the United States. Go to Source Powered by WPeMatico
The Turkish agency responsible for tackling money-related crime has initiated an investigation against troubled crypto exchange FTX. Days after the trading platform filed for bankruptcy in the United States, the department revealed it has been tracking its activities in Turkey. Turkish Financial Watchdog Sets Out to Dig Deeper Into FTX Case Turkey’s Financial Crimes Investigation … Read more
The crypto market might see “second-order effects” from counterparties that may have lent or interacted with either FTX or Alameda. Go to Source Powered by WPeMatico
The island of Tuvalu said it plans to build a digital version of itself in order to preserve its history as it faces erasure due to climate change. Go to Source Powered by WPeMatico
FTX volatility only resulted in a brief uptick in miner sales on exchanges, with the trend already returning to normal. Go to Source Powered by WPeMatico