Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX
Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation. Go to Source
Exchanges
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FTX’s $3.4B crypto liquidation: What it means for crypto markets
Bankrupt crypto exchange FTX has been approved to liquidate nearly $3.4 billion worth of crypto assets, creating a sense of panic among crypto investors, but experts say the phased liquidation schedule will ensure market stability. Go to Source
‘Massive’ crypto use cases to surface by 2030 — Coinbase exec
Cointelegraph talks with Coinbase protocols lead and Base creator Jesse Pollak about the company’s new blockchain, which is already a force to be reckoned with. Go to Source
MetaMask launches feature to sell ETH for fiat
The sell feature on MetaMask Portfolio came roughly five months after the wallet allowed users to purchase crypto using fiat from bank accounts, PayPal, and debit and credit cards. Go to Source
40% of crypto trading platforms are decentralized: World Federation of Exchanges
The World Federation of Exchanges noted in a report that retail demand is higher for crypto products but there’s a lack awareness on investor protection. Go to Source
Bitget exec discusses limitations and benefits of CTA AI trading bot
The bot is the third in a series of AI-trading initiatives launched this year. Go to Source Powered by WPeMatico
Indonesia launches its crypto exchange and clearing house
The platform, monitored by the CFTRA, will be the only space in the country where the legal exchange of digital assets is allowed. Go to Source Powered by WPeMatico
Bitcoin ETF race begins: Has institutional trust returned to crypto?
Seven institutional firms have filed for a spot Bitcoin ETF in the U.S., including the world’s largest asset manager BlackRock, driving optimism and higher Bitcoin prices. Go to Source Powered by WPeMatico
Will BlackRock’s ETF slingshot Bitcoin’s price skyward?
Have the world’s largest financial firms finally “seen the light” with Bitcoin? Will demand outstrip supply, making a BTC price rise inevitable? Go to Source Powered by WPeMatico
Bitcoin miners send record $128M in revenue to exchanges
Bitcoin miners have sent up to 315% of their daily revenue to exchanges but BTC prices are yet to react. Go to Source Powered by WPeMatico