Bitcoin will survive failure of ‘any giant’ in crypto, Samson Mow says
Bitcoin cannot be destroyed by the fall of cryptocurrency giants like FTX or, hypothetically, other big exchanges, according to Samson Mow. Go to Source Powered by WPeMatico
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FTX ordered to pay reimbursement fees to Bahamian regulators
The Bahamian Securities regulator was ordered to offer custody for digital assets belonging to bankrupt crypto exchange FTX on Nov. 12. Go to Source Powered by WPeMatico
SBF, FTX execs reportedly spend millions on properties in the Bahamas
At least 19 properties worth around $121 million were reportedly purchased under FTX’s name, Sam Bankman-Fried’s parents and senior-level executives. Go to Source Powered by WPeMatico
Cardano to launch new algorithmic stablecoin in 2023
‘Djed’ is set to go live in Jan. 2023, after a successful audit and a series of rigorous stress tests Go to Source Powered by WPeMatico
Lido fundamentals shine even as the wider crypto market struggles to regain traction
Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users and Ethereum stakers. Go to Source Powered by WPeMatico
Binance makes moves in hardware wallet industry with new investment
Binance Labs has made a strategic investment in the Belgian hardware wallet firm Ngrave and will lead its upcoming Series A round. Go to Source Powered by WPeMatico
Uzbekistan Licenses 2 Crypto Exchange Service Providers
The regulatory body overseeing the crypto market in Uzbekistan has issued licenses to two companies that will be providing exchange services. The decision to authorize their activities aims to make it easier for Uzbekistanis to purchase and sell digital currencies, the agency said. 2 Crypto Exchanges Licensed to Trade Coins in Uzbekistan Uzbekistan’s National Agency … Read more
Celsius bankruptcy victims get proof-of-claim deadline from US court
The situation surrounding the Celsius bankruptcy continues as U.S. regulators set a deadline for those affected by the situation to file a proof claim against the company. Go to Source Powered by WPeMatico
FTX-owned Liquid exchange pauses all trading after withdrawal halt
Liquid’s operational halt comes five days after the exchange suspended all withdrawals due to FTX’s bankruptcy filing. Go to Source Powered by WPeMatico
FTX hacker dumps 50,000 ETH, still among top 40 Ether holders
The FTX wallet drainer address has been meticulously swapping assets and using bridges to launder stolen funds. Go to Source Powered by WPeMatico