US Senate banking chair floats possibility of banning crypto

Despite suggesting a possible ban, U.S. Senator Sherrod Brown stated it would be “very difficult” to do so because activity “would go offshore.” дальше »

58 +

‘Big Short’ Michael Burry says crypto audits are useless

Michael Blurry, In a recent tweet, stated that audits reports were as good as nothing, which seemed directed on Binance. This development comes amid FUD surrounding Binance's audits. дальше »

229 +

Binance’s proof of reserves auditor pulls report, what does it mean?

Key Takeaways  Mazar’s, the accounting firm who worked with Binance on the proof of reserves report, has pulled the link from its website It has also paused all crypto work indefinitely Controversy followed the report, with critics decrying its lack of information on the liability side  Mazar’s had previously stated that this was a “report” […] The post Binance’s proof of reserves auditor pulls report, what does it mean? appeared first on CoinJournal. дальше »

241 +

Michael Saylor: “Proof-of-Stake protocols are unstable and risky”

The founder of MicroStrategy called cryptocurrencies using the Proof-of-Stake (PoS) consensus algorithm unstable and at risk of collapse. Michael Saylor supported Bitcoin maximalist Matthew R. Kratter, who recently stated that the Proof-of-Stake consensus mechanism, which the Ethereum network switched to, makes Ether more vulnerable. дальше »

216 +

Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO

The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert Wrapped BTC into BTC. дальше »

176 +

CFTC considers Bitcoin, Ethereum, Tether to be commodities

The United States Commodity Futures Trading Commission (CFTC) stated in its December 13 court filing against FTX founder Sam Bankman-Fried that digital assets like Bitcoin(BTC), Ethereum (ETH), and Tether (USDT) are commodities. дальше »

249 +

3Commas debunks claims that employees stole users’ API keys

Crypto trading company 3Commas is in the eye of a storm: while some accuse its employees of stealing users’ API keys, the company insists such claims are fake. In a recent post, the CEO of 3Commas, Yuriy Sorokin, stated that… дальше »

170 +

Amid Senate’s Inquisition, FTX’s Sam Bankman-Fried Wants To Float A New Business To Pay Back Customers

Running low on options, FTX’s founder wants to make one last-ditch attempt to repay customers, but experts term it a long shot. Sam Bankman-Fried revealed in an interview with the BBC over the weekend that he is willing to go the extra mile to repay customers after the implosion of his exchange. Bankman-Fried stated that […] дальше »

300 +

Ren protocol warns users to unwrap tokens or risk losses as upgrade looms

The team stated on Twitter that deposits would be disabled “shortly” and withdrawals within 30 days.

248 +

7 of the Best Play-to-Earn Crypto Games to Invest in for 2023

In a recent report, DappRadar stated that $1. 3 billion was raised by play-to-earn and metaverse games in Q3 2022 alone. This comes with almost a million daily active wallets interacting with these games. дальше »

194 +

FTX saga continues as this Committee Chair insists on getting SBF's testimony

Committee Chair Maxine Waters stated that she expects SBF to testify before the House committee Australian Regulatory body accused FTX Australia of exploiting loopholes to get licensed As moThe post FTX saga continues as this Committee Chair insists on getting SBF's testimony appeared first on AMBCrypto. дальше »

264 +

Malta plans to kick out NFTs from crypto law

In a recent move, Malta seeks to remove NFTs and their providers from its Virtual Financial Assets (VFA) law passed in 2018. Malta: NFT is not a crypto asset Malta’s Financial Services Authority (MFSA) stated on December 5 that it… дальше »

301 +

NFTs are protected by property laws: Chinese courts rule

Non-fungible tokens (NFTs) are legally-recognized property, according to one Chinese court. According to a recent local report, the Hangzhou Court of China stated that NFTs feature value, scarcity, controllability, and tradability. дальше »

231 +

Ankr issues statement on hacking attack 

Following the recent attack that hit the Ankr exchange, the security team has issued an update on the malicious event. They stated that the attacker used a mint bug in the platform’s smart contract code to mint millions of aBNBc… дальше »

206 +

Ankr says no one should trade aBNBc, only LPs ‘caught off guard’ will be compensated

The company stated it would be discontinuing aBNBc and aBNBb tokens “effective immediately,” and that “new ankrBNB tokens will be minted and airdropped to affected aBNBc and aBNBb users.” дальше »

110 +

Tether Hits Back at WSJ, Claims Its USDT Loans Are ‘Overcollateralized’

Tether has stated that its secured loans are heavily collateralized in response to a recent report claiming Tether-led trouble in the sector. The post Tether Hits Back at WSJ, Claims Its USDT Loans Are ‘Overcollateralized’ appeared first on BeInCrypto. дальше »

178 +

BNB-Based HAY ‘Destablecoin’ Loses Its Peg Following Ankr Exploit

BNB Chain-based Destablecoin HAY has lost its $1 peg as a result of the exploit of Ankr Protocol. The team stated that they would provide an update soon. The post BNB-Based HAY ‘Destablecoin’ Loses Its Peg Following Ankr Exploit appeared first on BeInCrypto. дальше »

207 +

Apple Wants 30% Cut on Ethereum Gas Fees, Coinbase Wallet Forced to Halt NFT Transfers

Coinbase Wallet stated that it had to block NFT transfers on iOS because Apple demanded that gas fees for NFT transfers be paid through in-app purchases. The post Apple Wants 30% Cut on Ethereum Gas Fees, Coinbase Wallet Forced to Halt NFT Transfers appeared first on BeInCrypto. дальше »

315 +

All crypto tokens are securities except bitcoin: CFTC Chief

The Commodity Futures Trading Commission CFTC is facing criticism for close ties with FTX and Sam Bankman-Fried. In addition, the CFTC Chairman, Rostin Behnam, recently stated that only Bitcoin is a commodity. дальше »

290 +

OKX World Cup: what are the odds if you mint Spain NFTs?

With the group stages still in progress in the Qatar World cup, the chances of minting OKX World Cup NFTs are still open. You have until 12:00 Dec 3, 2022 (UTC+0), to mint up to three NFTs of your best team as stated in our earlier post about the tournament. дальше »

171 +

Alchemy joins ConsenSys and Infura in collecting user’s private information

Other RPC providers, such as Alchemy, Moralis, and QuickNode, have also stated that they collect personal information from users, such as IP addresses. This appears to be an unspoken rule among RPC providers. RPC for or against users? Just a… дальше »

204 +

“Sam Bankman-Fried’s days of freedom are numbered,” Mike Novogratz predicts

Galaxy Digital CEO Mike Novogratz, not holding back on what he believes SBF deserves, stated some of his actions with FTX were illegal and fraudulent and his day in jail will come. “Liars lie and will continue to lie,” Mike… дальше »

226 +

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 »

186 +

MAS dispels Binance and FTX treatment misconceptions following the latter’s collapse

MAS stated that they listed Binance to the IAL because the exchange continued soliciting investors without a license. дальше »

205 +

Here's what this hedge fund manager thinks of crypto despite the FTX wreck

Pershing Square Capital Management's founder and CEO, Bill Ackman, stated that cryptocurrency has the potential to tremendously benefit society. However, this was as long as the sector managed to wipeThe post Here's what this hedge fund manager thinks of crypto despite the FTX wreck appeared first on AMBCrypto. дальше »

200 +

What comes next For Ren after Alameda’s collapse? 

Ren has stated that its development funds are only enough to cover expenses through the end of the year because of Alameda's bankruptcy. дальше »

167 +

KuCoin CEO Johnny Lyu confirms exchange ‘fully liquid,’ talks regulation and the future of DeFi – SlateCast #31

Speaking with CryptoSlate’s Akiba on the latest episode of the SlateCast, Johnny Lyu, the CEO of KuCoin, stated that the collapse of FTX was a “huge blow to the entire industry” but that. дальше »

321 +

FTX boss transferred exchange assets to Bahamas authorities

In a shocking emergency court filing on Thursday, FTX stated that there is evidence suggesting that Bahamian regulators gave former CEO Sam Bankman-Fried instructions to access FTX systems. дальше »

74 +

SOL's revival could be delayed despite Solana Foundation's latest declaration

The Solana Foundation claimed that the asset trapped on FTX was less than 1% of Solana’s funds The Foundation also stated that all SOL tokens bought by Alameda had unlock schedules Ever siThe post SOL's revival could be delayed despite Solana Foundation's latest declaration appeared first on AMBCrypto. дальше »

228 +

Meta Cuts Workforce Amid Its Metaverse’s Losing Streak

Employees at sprawling American multinational technology conglomerate Meta face uncertainty amid a broad restructuring plan that includes significant layoffs. In a Wednesday letter to employees, Mark Zuckerberg stated that they had decided to slash the company’s workforce by about 13% following an unexpected turnaround in the company’s revenues. дальше »

73 +

Cardano could play an important role to help ADA avoid the bears because... 

Charles Hoskinson talks about growth in Cardano’s ecosystem dApps observe improvements. However, TVL continues to decline On 14 November, Charles Hopkinson, the founder of Cardano, stated The post Cardano could play an important role to help ADA avoid the bears because...  appeared first on AMBCrypto. дальше »

208 +

Singapore’s MAS says FTX does not operate in the country

The Monetary Authority of Singapore (MAS) stated that the bankrupt crypto exchange FTX does not operate in the country, Wu Blockchain reported on November 14. The post Singapore’s MAS says FTX does not operate in the country appeared first on CryptoSlate. дальше »

225 +

FTX Founder Secretly Moved Funds Through Backdoor: FTX Insider

FTX insider has reportedly stated that recent FTX "hack" was illegal withdrawal of funds from FTX to Alameda Research дальше »

164 +

U.S. lawmaker blames ‘billionaire crypto bros’ for delayed legislation

Brad Sherman, a US lawmaker and core critic of crypto, blame "crypto bros" for the delay in crypto regulations and stated the plans from now on. дальше »

176 +

FTX Suffers $400M Hack After Declaring Bankruptcy, Remaining Funds Moved to Cold Storage

About $400 million worth of cryptocurrency was siphoned from the beleaguered FTX exchange in the last few hours. After declaring bankruptcy just hours before, the exchange stated that it had been hacked. дальше »

131 +

FTX Faces Potential Hack, Sees Mysterious Outflows Totaling More than $600M

FTX stated in its official Telegram channel that it had been hacked, instructing users not to install any new upgrades and to delete all FTX apps. дальше »

223 +

Ripple can hire “clean” Ex-FTX employees

Ripple's CTO in a tweet today opened arms to employing Ex-FTX employees who were clean of the saga. The CTO further stated that Ripple could have bought FTX had it been in possession of the funds. дальше »

180 +

BlockFi halts withdrawals amid market meltdown

BlockFi, in a recent statement stated that it had paused withdrawals. The firm's actions was due to the uncertainty behind the FTX issue as the firm claims to have seen the deployments on Twitter. дальше »

146 +

Cardano founder hopes that FTX is last crypto crisis

Cardano founder, Charles Hokinson, in a recent video on YouTube, stated that FTX issue could future impact their projects. Charles believes the event could cause a reduction to crypto adoption by governments. дальше »

185 +

BlockFi reopens Interest Yield Product for accredited US investors

Crypto lending platform BlockFi in a press release on November 7 stated that it will reopen the BlockFi Yield, an interest-bearing digital asset account, by the end of 2022 to US accredited investors. дальше »

199 +

Mark Zuckerberg’s Meta to fire 11,000 employees

One of the most extensive layoffs in the US this year, Meta announced it would lay off more than 11,000 people or 13% of its entire staff. The letter from Mark Zuckerberg to the Meta staff Zuckerberg stated that he… дальше »

135 +

Research: Bitcoin options traders expect price to hit $30,000 in Q4

Options are financial derivatives in which two parties contractually agree to transact an asset at a stated price before a future date. The post Research: Bitcoin options traders expect price to hit $30,000 in Q4 appeared first on CryptoSlate. дальше »

66 +

Polkadot's latest move could make DOT the SEC's preferred cryptocurrency because...

Polkadot, in an out-of-the-ordinary tweet, stated that the DOT token, despite being marketed a security, was no longer a security. Instead, it had transformed into a software. https://twitter. дальше »

216 +

SOL Price Eyes 100% Gains As Google Cloud Officially Backs Solana’s Validator Program

70 +

Breaking: Google to Become Solana Validator, SOL Spikes 15%

Google Cloud announced that it is becoming a Solana validator, while also revealing other products and services it is integrating for the blockchain network. According to the Nov. 3 tweet, the cloud service provider stated that it would be running a block-producing Solana validator which would enable it to participate in and validate the blockchain … Continued The post Breaking: Google to Become Solana Validator, SOL Spikes 15% appeared first on BeInCrypto. дальше »

196 +

DappRadar’s October Report: The Crypto Business Still Expanding Despite Massive Hacks

In its October report, DappRadar, a global marketplace for decentralized applications, stated that the crypto industry has rebounded and reached a market cap of $1 trillion. The Crypto Market Cap is Over $1 Trillion Despite the $1 billion losses due… дальше »

189 +

Cardano Founder Has Project in Development Since 2018, Plans to Announce It Soon

Cardano creator stated in late October that "something special" was coming in November дальше »

80 +

Canada to examine crypto, stablecoins and CBDCs in new budget

Canada’s government stated its concerns about the risks digital assets and the digitalization of money may pose to its financial system as a reason for launching the consultation. дальше »

172 +

Bitcoin mining firm Bitdeer could delay public offering till 2023

An SEC filing stated Safari Group shareholders could vote to give the company the option to extend the Bitdeer deadline up to four times until December 2023. дальше »

178 +

Bitcoin mining firm Iris Energy on verge of $103M loan default

A tweet from Bitcoin Magazine Analyst Dylan LeClair stated BTC mining firm Iris Energy is close to defaulting on a $103 million loan held by the New York Digital Investment Group (NYDIG). The post Bitcoin mining firm Iris Energy on verge of $103M loan default appeared first on CryptoSlate. дальше »

158 +