FTX Direct Clearing Plan Was Nowhere Close to Being Approved, CFTC Chief Says

Rostin Behnam had previously said the plans to streamline financial market structure were a potentially unique disruptive innovation. дальше »

377 +

Ripple (XRP) and Ethereum Classic (ETC) Shed Gains as Metacade Presale Attracts Investors

Despite the cryptocurrency bear market, there were some flashes of hope for the major coins. Traders had high expectations with the Ethereum Merge and that helped to spur gains in Ethereum Classic (ETC). дальше »

305 +

FTX collapse put the Singapore government in a parliamentary hot seat

The opposition party MPs has questioned the credibility over its failure to protect retail investors from FTX collapse and had demanded data on the extent of losses incurred by the investors. дальше »

254 +

Hedera's TVL shows growth, but there's more than meets the eye

Hedera's TVL showed growth. However, its development activity declined along with its NFT trade volume On 27 November, Messari, a crypto analytics firm, tweeted that Hedera’s TVL had growThe post Hedera's TVL shows growth, but there's more than meets the eye appeared first on AMBCrypto. дальше »

535 +

Alameda Research withdrew $204M from FTX US

Alameda Research had already withdrawn most of its funds, around $204 million, before the FTX bankruptcy. дальше »

427 +

DOT stands unimpressed despite Polkadot's latest achievement. Assessing...

Polkadot recently announced that it had hit a milestone of 500,000 DOT in its nomination pool Price and volume remain dull even as more initiatives are introduced The creation of Polkadot noThe post DOT stands unimpressed despite Polkadot's latest achievement. Assessing... appeared first on AMBCrypto. дальше »

448 +

Bitcoin: How these exchange metrics could affect BTC's performance

Bitcoin exchange outflows had not halted, hitting new highs since the past week Miners’ asset flow into exchanges could negatively impact investors’ expectations of recovery  Since BitcThe post Bitcoin: How these exchange metrics could affect BTC's performance appeared first on AMBCrypto. дальше »

443 +

Ripple Lawsuit: Crypto Lawyer Sheds Light On The Value Of XRP Despite Brutal SEC Case

Deaton argued that XRP’s value was portrayed in how it had remained a top ten cryptocurrency by market capitalization despite being delisted by major US crypto exchanges after the SEC instituted the suit against Ripple in 2020. дальше »

568 +

Web3 Gaming Sucks: The Struggle With User Experience

For years, playing video games was relatively simple. You turned on your computer or console, booted up your game of choice, loaded a previous save (or jumped straight into online play), and had fun. дальше »

448 +

Did FTX Have $11.5M Stake in 3-Employee Bank to Bypass Banking License?

Reports have emerged that Alameda Research, a sister company to FTX, had an $11. 5 million stake in a small U. S. bank. Some wonder if it was intended to bypass the banking license process. The post Did FTX Have $11. дальше »

382 +

Crypto Exchange Lemon Cash Lets Go of 38% of Staff to Survive Crypto Winter

Lemon Cash had to lay off around 100 employees, which consists of 38% of the company's staff, to survive crypto winter. The post Crypto Exchange Lemon Cash Lets Go of 38% of Staff to Survive Crypto Winter appeared first on BeInCrypto. дальше »

369 +

New Report Shows That Crypto Whales And Long-Term Holders Had Their Confidence Shaken By FTX Fall

459 +

UK Lawmakers Support Easy Seizure of Crypto Linked to Terrorist Activity

Lawmakers had already accepted amendments to a new bill to make it easier for law enforcement to target crypto and related property linked to crime. дальше »

345 +

Cardano Stablecoin Ecosystem Ardana Suddenly Halts Development

Ardana, a decentralized ecosystem that had been working on a Cardano stablecoin, has halted development because of funding and project timeline uncertainty. The post Cardano Stablecoin Ecosystem Ardana Suddenly Halts Development appeared first on BeInCrypto. дальше »

297 +

Block Earner sued over crypto-yield products, CEO calls for clarity

Block Earner CEO Charlie Karaboga said it was a “disappointing outcome” given it had spent “considerable resources” to adhere to existing guidelines. дальше »

334 +

Assessing what Chainlink's [LINK] improved popularity could mean for its price

LINK had the highest Galaxy Score Interest from the whales also increased Chainlink’s [LINK] price action recently aligned with investors’ interest as its price registered a 10% increaseThe post Assessing what Chainlink's [LINK] improved popularity could mean for its price appeared first on AMBCrypto. дальше »

470 +

FTX faces scrutiny for $260 million donations to liberal PACs and organizations

The recent arrival in Washington had a talent for drawing attention. Or at least his money attracted the attention of many influential people—the billions of dollars made possible by his web of offshore businesses and his willingness to hand out… дальше »

409 +

Shiba Inu [SHIB] community gets metaverse invite; decoding the details

The World Economic Forum had invited Shiba Inu to participate in discussions around the metaverse A look at the price chart showed that SHIB ticked, but not enough to spark a rally yet ShibaThe post Shiba Inu [SHIB] community gets metaverse invite; decoding the details appeared first on AMBCrypto. дальше »

527 +

Bitcoin Cash reclaims $110 support. A reason to be optimistic about further gains?

Wednesday’s relief rally among most cryptocurrencies underlined investors’ confidence was crawling back. Crypto tokens, such as Bitcoin Cash (BCH/USD), had lost key important levels post the collapse of the FTX exchange. дальше »

417 +

3AC founder weighs in on crypto climate, hints at setting up new fund

Su Zhu, the man behind Three Arrows Capital, had been silent on social media following the collapse of his crypto hedge fund earlier this year. That was until the crypto industry was jolted by an evenThe post 3AC founder weighs in on crypto climate, hints at setting up new fund appeared first on AMBCrypto. дальше »

548 +

Binance's Crypto Mining Pool Adds Ravencoin Support

Former Ethereum miners have been drawn to alternative coins like Ravencoin after they had to leave the Ethereum network post-merge. дальше »

209 +

Singapore central bank explains why Binance was on its alert list, but FTX wasn’t

The Monetary Authority of Singapore had its reasons, and there was nothing more it could have done about the FTX threat any way, just like other national regulators. дальше »

602 +

Bitcoin updated a two-year low

According to Cryptovizor, a cryptocurrency screener analyzing the BTC/USD market price on the largest spot exchanges, on November 21, the asset updated on Binance at a minimum of $15,476. By the time of publication, the price of bitcoin had risen to $16,136. дальше »

367 +

Genesis Global Capital Has Hired Investment Bank Moelis to Explore Options Including Bankruptcy: New York Times

Separately, the CEO of Genesis' parent company disclosed that it had a roughly $575 million liability to Genesis. дальше »

309 +

The rise of mobile gaming shared a lot in common with crypto gaming

Mobile gaming had an ample number of skeptics during its early days, but today it dominates 60% of the gaming market. Crypto games are following a similar path. дальше »

313 +

Crypto Market Loses $60B In Two Days As Bitcoin Price Plunges

The past few days in the Bitcoin and crypto market have had a forceful impact from the bears. The prices of most of the crypto assets have been tolling to the south beyond expectation. In addition, the entire market is experiencing a decline due to the collapse of the FTX exchange. дальше »

288 +

Bahamas FTX Liquidators Agree to Transfer Bankruptcy Case to Delaware

Court-appointed liquidators for collapsed FTX in the Bahamas had filed a separate suit in a New York court, while the exchange had filed for bankruptcy in Delaware. дальше »

316 +

Who Is Alameda's Former co-CEO Sam Trabucco?

The former co-CEO of Alameda Research took steps to distance himself from the firm by saying in August he had not acted as chief executive for months prior to announcing his departure дальше »

285 +

Ethereum founder Buterin hints in his cryptic tweet that “something important is about to happen”

Vitalik Buterin, the co-founder of Ethereum, recently posted a cryptic message on Twitter that briefly left the crypto community confused. In his tweet, he stated that he had heard “through the grapevine” that “something important is about to happen.” Graham:… дальше »

446 +

Billionaire Crypto Executives Are To Blame For The Lack Of Regulatory Clarity In The Industry, Says US Lawmaker

The FTX debacle has sent lawmakers into a frenzy as they believe that the whole fiasco would have been avoided if a proper framework had been implemented. U. S. congressman Brad Sherman has blamed billionaire founders in the cryptocurrency industry for hindering the pace of legislation needed in the ecosystem. дальше »

479 +

Investors seek refuge at Oryen Network after FTX, Gate.io, and Crypto.com crackdown

The once-respected cryptocurrency trading platform FTX filed for Chapter 11 bankruptcy on November 11 due to severe liquidity concerns. Following this tragedy was a discovery by analysts that 320,000 Ether had been transferred suspiciously between Crypto. дальше »

248 +

Curve Finance: Could CRV stay with the bears for longer than anticipated

Curve Finance's CRV didn't witness the best price action in the last 30 days and showed no sign of recovery CRV's on-chain metrics too had also been full of decreases and dormancy Curve The post Curve Finance: Could CRV stay with the bears for longer than anticipated appeared first on AMBCrypto. дальше »

483 +

Op-Ed: Could DCG be the catalyst for max pain in the crypto markets?

Following the recent collapse of FTX, the fallout spread to Genesis, which had already been bailed out by parent company Digital Currency Group (DCG) earlier this year following the failure of Three Arrows Capital. дальше »

502 +

Twitter Saga: Elon Musk Remains Determined on Twitter 2.0 as Employees Jump Ship

Twitter: When Elon Musk took over at Twitter, there was cautious excitement. The maverick billionaire can be equally as disruptive as he is an inspiration. Spontaneous decision-making had already become part of his public identity at both Tesla and SpaceX. дальше »

561 +

ADA investors waiting for "Midnight" miracles may want to read this because...

Cardano launches new product called midnight Weighted sentiment for Cardano continues to rise along with interest in its NFTs Cardano had a lot going on irrespective of the ongoing FUD in thThe post ADA investors waiting for "Midnight" miracles may want to read this because... appeared first on AMBCrypto. дальше »

639 +

Crypto Fund Sino Global Had Deep Ties to FTX Beyond Equity Investment

A prominent Asia-based crypto investment firm, Sino holds many of the tokens hardest hit by the unraveling of Sam Bankman-Fried's FTX crypto empire. FTX was also a key partner on a big fund Sino raised with outside investors' capital. дальше »

415 +

Ohio Investment Manager Arrested for Allegedly Running a $10M Cryptocurrency Ponzi Scheme

The U.S. CFTC had previously taken legal action against the man. дальше »

237 +

Harmony and Game Space join forces to scale Web3 games on shard 1

Harmony is a proof-of-stake blockchain that went live on mainnet in June 2019 and had a tight end date. Harmony works closely with Game Space, a comprehensive GameFi-as-a-service [GaaS] hub. Harmony’s incorporation into Game Space will change GameFi by making… дальше »

466 +

Hong Kong’s top cryptocurrency retail operator halts trading after FTX fiasco

Genesis Block, a famous crypto retail services company in Hong Kong, announced that it had stopped trading as the effects of the implosion of FTX and liquidity problems at other significant cryptocurrency enterprises are still shaking the sector. Genesis Block… дальше »

513 +

The collapse of FTX: how this could even happen and what’s the lesson to learn?

Crypto had been having a tumultuous season, still, to see household name FTX fall, came as a surprise to many. The much-discussed cryptocurrency platform was launched in 2019. By 2021, they reported revenues of $1.02 billion, figure evidence of their… дальше »

495 +

The full story of how FTX's weak internal controls contributed to its collapse

FTX had poor financial reporting processes in place Poor corporate culture undermined quality of work relations A compromised system exposed shareholders and users to elevated risks  LaxThe post The full story of how FTX's weak internal controls contributed to its collapse appeared first on AMBCrypto. дальше »

479 +

Is Binance CEO Changpeng Zhao To Blame For FTX Collapse?

In the space of one week, FTX had gone from being the second-largest crypto exchange by trading volume to being bankrupt. This swift move from being ‘okay’ to being in ‘hot water’ has shown just how uncertain things can be in the crypto market. дальше »

405 +

Metaplex Layoff Staff as Solana Ecosystem Suffers Indirectly From FTX Fallout

The FTX contagion had devastating effects on the Solana ecosystem. The Metaplex employees join the list of those directly affected by the FTX Fallout. The post Metaplex Layoff Staff as Solana Ecosystem Suffers Indirectly From FTX Fallout appeared first on BeInCrypto. дальше »

353 +

Bank of America Downgrades Crypto Exchange Coinbase to Neutral in FTX Aftermath

Bank of America has had a buy rating on Coinbase throughout its long decline this year, but threw in the towel on Friday with a downgrade to neutral. дальше »

350 +

New FTX CEO criticizes the integrity of the exchange

In an itching legal brief on Thursday, John Ray III, who oversaw bankruptcy cases such as Enron, the new CEO of the insolvent cryptocurrency exchange FTX identified that the company had experienced a massive disaster of corporate control. This is… дальше »

454 +

Congress’s Failure to Pass Regulation Caused FTX’s Debacle, Asserts Crypto-Friendly Senator

US Senator Pat Toomey has blamed FTX’s collapse on the lack of clear regulations. Speaking during the Financial Regulators Hearing on November 15, the legislator took aim at the US Congress, suggesting that if the house had passed regulations on custody for the industry earlier, the FTX implosion could have been avoided. “It certainly appears […] дальше »

569 +

New FTX CEO says former CEO SBF’s tweets are “erratic and misleading”

Amid the FTX insolvency and SBF’s woes, some tweets from his official Twitter account don’t seem to add up to data getting discovered by the current FTX CEO, John J Ray III. Sam Bankman-Fried claims his firm had several presumed… дальше »

509 +

The FTX contagion: Which companies were affected by the FTX collapse?

The FTX saga has had a massive impact on the entire crypto industry, and some companies bore the brunt of the crash.

242 +

Singapore’s Temasek writes off $275M FTX investment, had misplaced belief in Sam Bankman-Fried

Singapore-owned investment fund Temasek said it was writing off its $275 million investment in the bankrupt crypto exchange FTX,  according to a November 17 press statement. The post Singapore’s Temasek writes off $275M FTX investment, had misplaced belief in Sam Bankman-Fried appeared first on CryptoSlate. дальше »

353 +

$2.8B Crypto-Focused Lending Firm Genesis Halts Withdrawals Fearing A FTX-Induced Bank Run

Genesis Global Capital, the crypto lending unit for crypto investment bank Genesis Trading has decided to halt withdrawals in the wake of the FTX collapse. On Wednesday morning, Genesis held a 7-minute call with customers informing them that withdrawal requests for Genesis Capital had exceeded their liquidity capital. дальше »

460 +