Quick Look
Effective Altruism: Former FTX CEO’s Alleged $40M Penthouse Listed for Sale, Report Says Firm Spent $74M on Real Estate
In light of a recently published real estate listing, former FTX CEO Sam Bankman-Fried (SBF) is reportedly selling a 12,000-square-foot...
Is CRO token about to tank as massive withdrawals are reported?
Crypto exchanges are again coming under pressure. After the collapse of FTX, the question has always been, who is next? It is, of course,...
Biggest Movers: CRO Rebounds as CEO Kris Marszalek Admits ‘Trust Was Damaged’
On Nov. 14, cronos rebounded, as Crypto.com CEO Kris Marszalek held an “Ask me Anything” (AMA) session, while speculation grew on...
Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges
During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since...
Blockchain and the world’s growing plastic problem
Everything makes its way to the sea, and none more so than plastics. There are now five floating plastic islands in different oceans...
Crypto.com’s CRO is in trouble, but a 50% price rebound is in play
Crypto.com’s native token Cronos (CRO) is showing restraint on Nov. 14 against mounting sell-pressure building in the wake of the FTX’s...
Binance Forming Crypto Industry Recovery Fund to ‘Reduce Further Cascading Negative Effects of FTX’
Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,”...
Bitcoin, Ethereum Technical Analysis: BTC Rebounds Following Bullish Comments From Elon Musk
Bitcoin started the week trading below $17,000, as volatility in the cryptocurrency space continued to intensify. Following last...
Bitcoin flows out of exchanges marketwide following FTX collapse
Events of the past week have been absolutely crippling for Bitcoin. FTX’s collapse presents as the most impactful insolvency of a...
Should you buy Litecoin as its hash rate rebounds?
Litecoin price remained in a consolidation phase on Monday as investors reflected on the happenings in the crypto industry. LTC was...
St. Kitts and Nevis to Explore Possibility of Making Bitcoin Cash Legal Tender by March 2023
St. Kitts and Nevis will explore the possibility of making bitcoin cash legal tender by March 2023. The statement was made by St. Kitts...
El Salvador President Bukele says Bitcoin is ‘the opposite‘ of FTX
The shock wave around the FTX explosion was felt globally as it severely fractured investor confidence. However, seasoned crypto...
Elon Musk says BTC ‘will make it’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week on shaky ground after its lowest weekly close in two years. The largest cryptocurrency considerably...
Bitcoin price prediction: How low can it drop?
Bitcoin price continued consolidating in Monday as a somber mood engulfed the cryptocurrency industry. The coin was trading at $16,760,...
PEGA Pool to Launch in 2023 to Help You Offset Your Carbon Footprint While Crypto Mining
PEGA Pool is an eco-friendly crypto mining pool currently in private beta testing and is expected to be open to the public in the first...
London & Belfast the top UK crypto cities, Newcastle last
Following on from a piece we wrote about the uptake of crypto within the UK, this one will dive a bit deeper into which British cities own...
TWT soars by 47% after Changpeng Zhao promotes the use of Trust Wallet
TWT is the best performer amongst the leading cryptocurrencies today after rallying by 47% in the last 24 hours. TWT, the native token of...
Is EOS set for a breakout after the EOS Foundation launched its $100m ecosystem fund?
EOS is up by more than 3% in the last 24 hours and could rally higher after the EOS Foundation launched its ecosystem fund. EOS, the...
Fiat-to-Crypto Company Ramp Raises $70 Million to Solve the Crypto Onboarding Problem
Ramp, a fiat-to-crypto company, has announced it has raised $70 million as part of its Series B funding round. The round was co-led by...
Ukraine’s Cyberpolice Expose Members of Crypto Fraud Scheme Making €200 Million a Year
A report shows Ukrainian Cyberpolice identified members of a group that defrauded people around the world through fake crypto investment...
Manhattan District Attorney Freezes $1.3 Million in Crypto — Seeks to Return Funds to Fraud Victims
Manhattan District Attorney (DA)’s Office has frozen more than $1.3 million in cryptocurrency “during fraud investigations...
CZ and Saylor urge for crypto self-custody amid increasing uncertainty
Industry heavyweights have urged crypto investors and traders to self-custody their crypto assets amid the significant market uncertainty...
Binance CEO Likens FTX Fiasco to 2008 Financial Crisis — Warns of ‘Cascading Effects’
Binance CEO Changpeng Zhao has compared the FTX collapse to the 2008 financial crisis. Warning of “cascading effects,” he...
Conflicting Reports Emerge About SEC Helping Bankrupt Crypto Exchange FTX With Legal Loopholes
The U.S. Securities and Exchange Commission (SEC) reportedly met with crypto exchange FTX and former CEO Sam Bankman-Fried several times...
Ark Invest CEO Warns Fed’s Actions Could Lead to 1929-Like Great Depression — Elon Musk Agrees
The CEO of investment management firm Ark Invest has warned that if the Federal Reserve does not pivot, the current economic setup will be...
Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo
The CEO of cryptocurrency exchange Kraken has outlined the impact of FTX’s failure on the crypto industry. After listing multiple...
Bank of Russia Sets Out to Regulate Digital Asset Taxation, Exchange, Still Opposed to Crypto
The Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top...
Royal Bahamas Police Force Reveals FTX Is Being Investigated for ‘Criminal Misconduct’
“A team of financial investigators” are currently investigating the now-defunct crypto exchange FTX, the Royal Bahamas Police Force...
How to build a Bitcoin Beach: Advice from the pros
How does one build a Bitcoin (BTC) community? How to start? Where to begin? And what are the best practices? Cointelegraph spoke to...
SBF’s ‘Truly Trustless’ Protocol — Serum’s Upgrade Authority May Be Tainted, Devs Look to Fork Project
According to Solana’s founder, Anatoly Yakovenko, Serum developers are forking the platform because the “upgrade key to the...
FTX Contract Deployer Unlocks 192 Million FTT, Exchange Token’s Questionable Tokenomics Highlights Red Flags
Following the collapse of FTX and the exchange filing bankruptcy on Nov. 11, the trading platform’s exchange token called ftx (FTT)...
Crypto Exchange Kraken Freezes Accounts of FTX, Alameda Research, Their Executives
Crypto exchange Kraken has frozen a handful of accounts owned by the bankrupt FTX Group, Alameda Research, and their executives. Kraken...
Crypto.com accidentally sends 320k ETH to Gate.io, recovers funds days after
The fall of FTX highlighted the importance of proof of reserves in averting risks and improving investor confidence, urging leading crypto...
$3 billion in Bitcoin left exchanges this week amid FTX contagion fears
Bitcoin (BTC) investors are withdrawing funds from exchanges at a rate not seen since April 2021 with nearly $3 billion in Bitcoin...
What is a Helium miner and how does it work?
Mining helps verify the legitimacy of transactions conducted via a blockchain network such as the Bitcoin blockchain. Miners can start...
The Mysterious FTX Debacle, Tim Draper’s BTC Price Prediction, More Support for Ripple in SEC Lawsuit — Week in Review
As theories proliferate wildly about the true nature of what happened to failed crypto exchange FTX, little is yet clear to the crypto...
Bitcoin maintains its price above $16k but could dip lower soon
Bitcoin has lost more than 20% of its value over the last seven days and could record further losses this week. The cryptocurrency market...
FTX Collapse: Africa-Focused Payments Firm AZA Finance Slams ‘Erroneous Inclusion’ in FTX Bankruptcy Filing
The founder and CEO of an Africa-focused payments firm, Elizabeth Rossiello, claimed on Nov. 11 that the beleaguered crypto exchange FTX...
Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds
To counter the rising mistrust among crypto investors following the FTX collapse, crypto exchanges unanimously decided to share proof of...
From Mercedes F1 to Miami Heat, Sports Teams Suspend FTX Sponsorships
A string of organizations competing in various sports are pulling out of sponsorship deals with beleaguered cryptocurrency exchange FTX....
Indian Authority Freezes 150 Bitcoins Held at Binance Crypto Exchange
India’s Enforcement Directorate (ED) says that it has frozen 150.22 more bitcoins held at cryptocurrency exchange Binance. The...
US Treasury Secretary and Indian Finance Minister Discuss Crypto Regulation
U.S. Treasury Secretary Janet Yellen and Indian Finance Minister Nirmala Sitharaman discussed crypto regulation during the ninth...
Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud
Former U.S. Treasury Secretary Lawrence Summers has compared crypto exchange FTX to Enron, noting that the case is a classic fraud rather...
Robert Kiyosaki: I’m a Bitcoin Investor — When BTC Hits New Bottom, I Get Excited
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he is not worried about the price of bitcoin dropping....
Elon Musk Tells Twitter Staff Economic Picture Ahead Is Dire — ‘Bankruptcy Isn’t Out of the Question’
Tesla CEO and Twitter chief Elon Musk has informed Twitter employees that the company’s “economic picture ahead is...
FTX CEO Confirms Reports of ‘Unauthorized Access to Certain Assets,’ Team Is ‘Coordinating With Law Enforcement’
Following the reports that said FTX wallets were being drained and the FTX Telegram channel’s admins that detailed its possible malware...
FTX goes up in flames and impacts broader crypto industry, causing regulators to respond: Hodler’s Digest, Nov. 6-12
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Russia’s Digital Ruble Integrated Into Banking App
VTB has become the first Russian bank to add the digital ruble to its mobile application. The integration is currently being tested with...
Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck on FTX’
According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the...
Coinex Looks Forward to Celebrating RLWC2021’s Finalists
PRESS RELEASE. As the exclusive cryptocurrency trading platform partner of the Rugby League World Cup 2021 (RLWC2021), CoinEx is looking...
What is a 51% attack and how to detect it?
Despite being underpinned by blockchain technology that promises security, immutability, and complete transparency, many cryptocurrencies...
Flight Radar Report Shows FTX Co-Founder’s Private Jet Flew to Argentina, SBF Says He’s Still in the Bahamas
According to Flightradar24’s official Twitter account, the most tracked flight at 3:33 a.m. on Nov. 12, 2022, was Sam Bankman-Fried’s...
Proof-of-Reserves Concept Gains Traction as Major Crypto Exchanges Provide Wallet Lists and Promise Full Audits
When it was first discovered that FTX might be insolvent, a large slew of crypto exchange executives said that they aimed to provide...
Report Says Alameda Research ‘Didn’t Trade Crypto,’ Speculators Think SBF’s Political Connections Let FTX Fly Under the Radar
On Nov. 11, 2022, FTX Trading Ltd. filed a voluntary petition for Chapter 11 bankruptcy protection in Delaware. The news followed a few...
Biggest Movers: DOGE Surges Following Elon Musk Comments on the Meme Coin
Dogecoin was one of the only crypto tokens to trade higher on Saturday, as comments from Elon Musk boosted prices. Speaking in a Twitter...
Binance CEO CZ on FTX crash: “We’ve been set back a few years”
Crypto exchange FTX joined many other fallen projects — including Terra (LUNA), 3AC, Celsius and Voyager — in filing for bankruptcy in...
Bitcoin will shrug off FTX ‘black swan’ just like Mt. Gox — analysis
Bitcoin (BTC) will recover from the FTX “black swan event” just like other setbacks, trading team Stockmoney Lizards believes. In a tweet...
Bitcoin, Ethereum Technical Analysis: BTC Heads Lower on Saturday, as FTX Saga Continues
In a week of turbulence, cryptocurrencies maintain this sentiment into the weekend, with both bitcoin and ethereum moving lower. Bitcoin...
FTX Reportedly Hacked as Telegram Group Admin Comments on Possible ‘Malware’ Present in Apps, Irregular Fund Movements Registered Onchain
Admins of the Telegram group of the FTX community stated that the platform had been hacked and all of the funds of the exchange seemed to...
LBank Announces to Publish an Auditable Merkle Tree and Proof of Reserves (POF)
PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 12th, 2022 – Global crypto exchange, LBank, has recently announced that it will share its...
Web3 Must Overcome Significant UX Challenges to Reach Mass Adoption
User experience (UX) design affects nearly every waking moment of our lives. It’s not just digital either. Have you ever thought about the...
Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco
The fall of major crypto ecosystems — such as FTX and Terra (LUNA) — this year highlighted the importance of transparency around the true...
Tether blacklists $31.4M USDT following FTX’s alleged hack, Musk reacts
On the night of Nov. 11, several wallet addresses linked to FTX were found transferring millions of dollars worth of cryptocurrencies...
Latam Based Crypto Exchange Bitso Launches QR Payment Service for Tourists in Argentina
Bitso, one of the largest cryptocurrency exchanges in Latam, has launched a QR payments program geared towards travelers in Argentina. The...
Brussels Set to Begin Talks on EU Crypto Tax, Report Reveals
The European Commission is preparing to discuss with member states the adoption of a common tax regime for crypto assets, European...
Total crypto market cap drops to $850B as data suggests further downside
The total cryptocurrency market capitalization dropped by 24% between Nov. 8 and Nov. 10, reaching a $770 billion low. However, after the...
3 key crypto price events to watch in the wake of the FTX and Alameda debacle
Up until the start of this week, Bitcoin (BTC) had been demonstrating record-low volatility, and this gave altcoins enough latitude to...
FTX funds on the move: bankruptcy proceedings, insider threat or a hack?
The recent tensions between the two major crypto exchanges FTX and Binance, which was accompanied by a massive selloff of FTX Token (FTT),...
FIFA Unveils Range of New Web 3․0 Games Ahead of FIFA World Cup Qatar 2022™
PRESS RELEASE. FIFA has unveiled a portfolio of new future-focussed web 3.0 games to entertain and engage a wider group of fans ahead of...
Japanese Regulator Slaps FTX Japan With Business Suspension Order
Japan’s top financial regulator, the Financial Services Agency (FSA), has issued a business suspension order to FTX Japan, the...
White House, US Senators Call for Proper Crypto Oversight
The White House and members of the U.S. Senate Banking Committee have called for proper cryptocurrency regulation following the collapse...
SEC Chair Gensler Discusses Crypto Regulation Following FTX Collapse — Says This Field Is ‘Significantly Non-Compliant’
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined two paths the agency is taking to regulate...
LBank Labs Establishes Blockchain and Crypto Investment Fund to Support the Development of Web3 in Africa
PRESS RELEASE. Internet City, Dubai, Nov. 11th, 2022 — Blockchain Crypto Investment Group, LBank Labs, announces the establishment...
Soccer Superstar Lionel Messi Joins NFT Game Sorare as Investor and Brand Ambassador
Lionel Messi, one of the biggest Argentine soccer superstars, has announced his participation as an investor and brand ambassador in...
Litecoin eyes a bullish breakout. Why buyers should keep their fingers crossed
Litecoin (LTC/USD) is once again looking at a possible breakout above a key resistance zone at $64. The price surged strongly to this key...
Back to basics as Dogecoin retraces to 78.6% Fib level. Here is the potential price action
Dogecoin (DOGE/USD) trades at $0.085. Just a week ago, the cryptocurrency had tapped the $0.15 level. The losses underline the meme tag...
Russian IT Firms Lobby for Crypto Payments in Software Exports
Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The...
How bullish is TRX after a withdrawal deal with FTX?
Right after the collapse of the FTX exchange, Tron (TRX/USD) and its associated tokens were gaining. That was after FTX...
Bitcoin Cash invalidates a potential bullish reversal zone. Should buyers be optimistic?
If you have been eyeing Bitcoin Cash at $110, you may have to wait a little longer. A contagion of risks brewing in the market forced a...
Onchain Data Shows FTX US Paused ETH Withdrawals for 2 Hours, Users Complain of Withdrawal Errors
After FTX International’s parent firm West Realm Shires Services filed for Chapter 11 bankruptcy protection in Delaware, users...
Solana recovers 20%. Here is what is happening and the potential price action next
Solana (SOL/USD) is again flexing its muscles after losing half of its value in two days. On Friday, the cryptocurrency had recovered more...
Climate Chain Coalition releases report on blockchain and emerging technologies at COP 27
The Climate Chain Coalition (CCC), a network of organizations dedicated to leveraging blockchain technology for effective climate action,...
Crypto.com CEO Shares Company’s Crypto Reserve Addresses in the Wake of FTX Bankruptcy
On Nov. 11, 2022, the CEO of Crypto.com Kris Marszalek shared the company’s proof-of-reserves addresses that hold leading crypto assets...
Bitcoin slips under $17K, crypto stocks tumble in reaction to FTX bankruptcy
Bitcoin (BTC), Ether (ETH) and cryptocurrency-linked stocks like MicroStrategy are seeing a sharp downturn after news broke that FTX...
Philanthropic FTX Foundation Sunsets Operations Amid Bankrupt Exchange’s Fallout
The philanthropic effort created by the troubled crypto exchange FTX has detailed it is sunsetting operations and told the community that...
AscendEX New User Promotions: Reward Every Step of the Way
PRESS RELEASE. New York, NY, November 11, 2022 – AscendEX, a leading global cryptocurrency exchange, is excited to announce its new...
3,500 ‘Sleeping Bitcoins’ From 2011 Worth Over $60 Million Wake up After 11 Years of Slumber
On Nov. 11, amid the confusion concerning troubled crypto companies like FTX and Blockfi, 3,500 ‘sleeping bitcoins’ from a...
Biggest Movers: SOL Gives Up 20% Gains, as FTX Declares Bankruptcy
Solana was up by as much as 20% on Friday, as the token rebounded following recent declines. The token which dropped by over 50% earlier...
Hodlers in loss sit on 50% of BTC supply after $5.7K Bitcoin price dip
Bitcoin (BTC) is setting unenviable records this week as hodlers big and small battle some major pain. Data from on-chain analytics firm...
FTX contagion victim Deepak.eth puts NFT collection up for sale
The founder of the Chain blockchain infrastructure company, who goes by the internet pseudonym Deepak.eth, took to Twitter to announce the...