Not just FTX Token: Solana price nukes 40% along with other ‘Sam coins’
Cryptocurrencies exposed to Sam Bankman-Fried and his companies, Alameda Research and FTX, have dropped by an average of 40% this week. Go to Source Powered by WPeMatico
Month: November 2022
Ramp, builder of crypto payment rails, raises $70M
The company is building payment rails that could make crypto purchases as ubiquitous as Paypal transactions. Go to Source Powered by WPeMatico
Bitcoin and crypto here to stay despite market turmoil: Community
A Twitter user argued that the FTX crisis was only a black swan event that only its executives and a few others could have seen coming. Go to Source Powered by WPeMatico
Cryptocurrencies Affect Central Bank Tasks, Dutch Monetary Authority Says, Urges Global Regulation
Convinced that cryptocurrencies are affecting the tasks performed by monetary authorities around the world, the Dutch central bank has urged for comprehensive international regulations. The call comes after research into the development of crypto assets and policy responses. ‘Proper Regulation Indispensable for Risky Cryptos,’ Dutch Central Bank Insists Bitcoin, tether, and other digital coins are … Read more
Alameda Research FTT token transfer from September fuels wild speculations
According to on-chain data, FTT token supply increased by 124.3% on September 8 when 173 million FTT tokens were created by a 2019 ICO contract, and Alameda was the recipient. Go to Source Powered by WPeMatico
Binance tops up SAFU fund at $1 billion amid price fluctuations
Binance CEO CZ took to Twitter to assure users that the crypto exchange’s insurance funds have been topped off at $1 billion as the debacle with FTX rages on. Go to Source Powered by WPeMatico
Hong Kong ‘Actively Looking’ to Establish Regulatory Framework to Allow Crypto Futures ETFs: Report
Hong Kong’s Securities and Futures Commission (SFC) is “actively looking” to create a regulatory framework that allows crypto futures exchange-traded funds (ETFs), an SFC official reportedly said. “We have come to believe that some initial concerns about virtual asset futures ETFs have become manageable and can be addressed with proper safeguards.” Rising Demand for Crypto … Read more
Stefan Berger explains the reason behind the delay in MiCA voting
One of the reasons behind the delay is “the enormous amount of work for the lawyer linguists, given the length of the legal text.” Go to Source Powered by WPeMatico
Bitget Innovates Social Trading With New Feature ‘Strategy Plaza’
PRESS RELEASE. Hong Kong, 9th Nov 2022 – Bitget, the leading global crypto exchange with a core focus on social trading, launches another innovative social trading feature, Strategy Plaza. The new feature provides users with the option to follow a series of automated trading strategies and allows the system to automatically execute the strategies after … Read more
FTX-Binance standoff highlights the need for clear rules, says Sen. Lummis
Market manipulation, lending activity, and safeguarding of customer funds and assets are some of the many issues Senator Lummis plans to address in the coming days. Go to Source Powered by WPeMatico
