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Bakkt claims to have no financial exposure to troubled crypto firms.
Bakkt Holdings has revealed that it has no exposure to FTX, FTT, Alameda, Genesis, or companies that have halted activities due to the ongoing contagion in the crypto markets. The company made this known in a press release on November… origin »
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How The Genesis Withdrawal Halt Impacts The Entire Crypto Market.
By now, the news of crypto lender Genesis halting withdrawals has already made the rounds. The implications of this on other crypto platforms are becoming apparent as more time passes, but being so early, there remains a lot to be seen of how this plays out in the end. However, it is important to note […] origin »
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Bahamas Securities Regulator Says It Ordered FTX Crypto Transferred to Government Wallets.
The Securities Commission of the Bahamas announced Thursday that it ordered the contents of FTX's crypto wallets to be transferred to government-controlled wallets on the previous Saturday. origin »
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The Challenges Of Bitcoin Adoption Aren't Stopping Salvadorans.
Citizens of El Salvador still face certain obstacles in their bitcoin adoption journey, but still look forward to the future. origin »
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Alameda Research reportedly loaned $3.3 billion to SBF.
A continuous controversy has gone darker with time. More information has been revealed through FTX’s bankruptcy filing that Alameda Research loaned $3. 3 billion to Sam Bankman-Fried, the FTX founder. origin »
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Why Bitcoin Drawdown May Still Not Be Painful Enough For Bottom.
The Bitcoin supply in profit metric could hint that the current bear market hasn’t been painful enough yet for the cyclical bottom to be formed. Bitcoin Supply In Profit Has Plummeted To 45% Following Crash As pointed out by an analyst in a CryptoQuant post, all the historical bottoms took place when the profit in […] origin »
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Snowfall Protocol, DOGE, and Quant: Three Promising Cryptos For The Holiday Season?.
With around 10,000 cryptocurrencies actively trading in the market and more debuting every day, it is safe to say that the crypto-verse is thriving. While the market is volatile, it still creates value for its holders. origin »
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Hong Kong Regulator Calls for Tough Rules Despite Ambitions to Be Crypto Hub.
Julia Leung, deputy CEO of Hong Kong’s Securities and Futures Commission highlighted DeFi as an area in need of regulatory solutions. origin »
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First Mover Asia: Bitcoin Won't Budge. Cryptos Ignore the FTX Chaos for Another Day.
Sam Reynolds writes that venture capitalists’ failure to scrutinize crypto exchange FTS parallels oversights that led to energy giant Enron’s notorious bankruptcy two decades ago. New FTX CEO should know because he helped oversee Enron’s filing. origin »
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How a single strategy crypto algorithm gained 176.31% while Bitcoin tanked 65% in 2022.
Warren Buffett said that “What we learn from history is that people don’t learn from history.” Crypto traders can change that.
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Cardano Builder Makes "Massive" Investment into University of Edinburgh.
University of Edinburgh has received fresh funding from Cardano developer Input Output origin »
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How prepared is Avalanche's DeFi arsenal to take on increased demand.
Avalanche has been highlighting its preparedness for more demand as self-custody gains popularity AVAX's short-term demand still showing signs of low stimulation The DeFi space is heating upThe post How prepared is Avalanche's DeFi arsenal to take on increased demand appeared first on AMBCrypto. origin »
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CFTC Has ‘Boots on the Ground’ at FTX Subsidiary LedgerX.
Kristin N. Johnson said that the regulator is monitoring crypto clearinghouse LedgerX on a “daily if not hourly basis”. origin »
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SHIB Capitalizes on Solana's Failures, Here's What It's About.
SHIB is up in market cap top as Solana's bad luck pushes it down origin »
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Is El Salvador's President's Decision to Buy One Bitcoin per Day a Good Idea?.
Buying one Bitcoin per day might be more of problem for El Salvador than solution origin »
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El Salvador And Justin Sun To Start Buying 1 BTC Every Day.
The strategy of purchasing 1 BTC on a daily basis will be replicated by another optimistic long-term bitcoin investor Justin Sun — Tron founder and the ambassador of the Caribbean island of Grenada. origin »
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First XRPL-Based USD Stablecoin (USDS) Launched with SEC-Qualified Custodian.
Stably Corporation has issued USD-backed stablecoin on XRP Ledger origin »
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Ripple Partner Tranglo Expands in Asia's Most Developing Country.
Tranglo upgrades its activities in Malaysia with real-time cross-border payments origin »
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RACA Foundation ‘Passing the Torch’ on Climate Change Mission from Justin Sun and Beeple $6M ‘Ocean Front’.
The art piece donation “Ocean Front” was created to raise funds for climate change, which is now donated to RACA Foundation, which has recently announced a long-term sustainability project to help the environment and climate change through blockchain, NFT, and Web3 innovative solutions with NASA and NOAA scientists. origin »
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Bitcoin, Ethereum, XRP On-chain Analysis: Holders in Pain but Undeterred.
Bitcoin, Ethereum, and XRP all moved in the same downward direction noting occasional price pumps on their short-term chart. The post Bitcoin, Ethereum, XRP On-chain Analysis: Holders in Pain but Undeterred appeared first on BeInCrypto. origin »
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Why Binance And Top Crypto Exchanges Halt Transactions With Solana Stablecoins.
Binance and other top crypto exchanges halted stablecoin deposits from the Solana (SOL) blockchain. The companies released an official statement claiming that the measure will be temporary, but it could have harmful implications for the SOL ecosystem. origin »
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Bitcoin Long-Term Holders Face Major Financial Stress.
The Bitcoin and crypto market is still wallowing in turmoil from the collapse of the FTX exchange. Many crypto assets have followed a correlation with the decline of FTX Token, FTT. As a result, the past few days brought an intense bearish pull on the prices of virtual assets. origin »
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Binance never viewed FTX as competition, says Changpeng Zhao.
Binance’s CEO Changpeng Zhao has pointed out that his cryptocurrency exchange was never in competition with FTX. CZ, the CEO of crypto exchange Binance, fielded numerous questions regarding his company and FTX in a recent interview with CNBC. origin »
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CME Bitcoin futures trade at a discount, but is that a good or a bad thing?.
CME Bitcoin futures briefly traded at a 5% discount, alarming analysts, but what does it mean for BTC price?
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SOL Price Freefalls as Crypto Exchanges Suspend USDT, USDC Transfers on Solana.
There is a sharp drop in Solana (SOL) price as exchanges suspend deposits of stablecoins on the Solana network. The post SOL Price Freefalls as Crypto Exchanges Suspend USDT, USDC Transfers on Solana appeared first on BeInCrypto. origin »
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FTX bankruptcy court filing reveals Alameda gave $1.6B in loans to SBF, others.
A November 17 court filing from new FTX CEO officer John Ray III revealed that the former CEO of the bankrupt crypto exchange Sam Bankman-Fried got $1 billion in personal loans from Alameda Research. origin »
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Crypto exchange Coinbase to support Easy Bank Transfers for UK users.
Coinbase, the popular bitcoin & crypto exchange company, announced today it will be rolling out ‘Easy Bank Transfers’ for UK users. The new feature delivers an easy way to add funds to Coinbase accounts. origin »
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Confusion Abounds As Binance and OKX Suspend Support for USDC, USDT on Solana, Then Backpedal.
Binance and OKX did not explain the reasons behind the move, which created confusion in the crypto industry. origin »
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Bitcoin price target now $13.5K as BTC trader says ‘exit all the markets’.
Bitcoin shrugs off FTX news, but analysts warn BTC and altcoins are due significant losses.
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Blockstream Launches BOL2: Community For Bitcoin Development.
Along with other bitcoin companies, Blockstream is spearheading a developer community to further Lightning and layer-2 development. origin »
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World Blockchain Summit Brings 2022 to a Close in Bangkok this December.
Thursday, November 17, 2022: After the incredible success of World Blockchain Summit Dubai, The Athenee Hotel, Bangkok is all set to host the 23rd global edition of the World Blockchain Summit on the December 8-9, 2022. origin »
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FTX and Alameda likely colluded from the very beginning: Report.
Researchers at Nansen concluded that at least 86% of all FTT tokens were initially controlled by Alameda or FTX.
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Ethereum Bears Roar As Price Struggles; Here Is Why Bulls Must Defend $1,000.
ETH’s price reclaims its demand zone of $1,200 as price bounces to a region of $1,250 despite market turmoil. ETH’s price continues to show strength after a bearish downtrend with the market’s current state, as things look uncertain for most traders and investors. origin »
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Research: 78% of all staked ETH is across 4 centralized providers; 74% of all blocks are OFAC compliant.
Ethereum (ETH) staking on-chain data shows that an estimated 78% of all staked ETH is across four centralized providers. The post Research: 78% of all staked ETH is across 4 centralized providers; 74% of all blocks are OFAC compliant appeared first on CryptoSlate. origin »
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FTX Affiliate Alameda Research Loaned $4.1B to Related Parties – Including $1B to Sam Bankman-Fried.
A bankruptcy filing shows Alameda Research lent $1 billion to Sam Bankman-Fried, former CEO of FTX origin »
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FTX Advisers Find Only $740 Million in Crypto, While Liquidity Gap Stands at $8 Billion.
Advisers who oversaw Enron bankruptcy, say FTX case is much worse origin »
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Enabling Musicians like Never Before.
Recapping Mint Season 6, Episode 22 Season 6, Episode 22 of the Mint Podcast with Adam Levy features David Greenstein. The post Enabling Musicians like Never Before appeared first on CryptoSlate. origin »
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FTX attacker continues swapping tokens; exchanges $7.95M BNB for BUSD, ETH.
The attackers who drained $600 million from the now-bankrupt exchange FTX, swapped nearly 30,000 tokens for (ETH) and (BUSD) on November 17. The post FTX attacker continues swapping tokens; exchanges $7. origin »
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Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says.
The company says it has 'credible evidence' the Bahamas government directed unauthorized access to FTX systems after the company filed for bankruptcy in the U.S. origin »
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SBF Transfers Assets to Bahamas Following Bankruptcy, as Filing Shows Ill-Governed Firm.
Former FTX CEO Sam Bankman-Fried (SBF) is still listed as a speaker at the NYT's 2022 DealBook Summit , despite having no role in FTX. The post SBF Transfers Assets to Bahamas Following Bankruptcy, as Filing Shows Ill-Governed Firm appeared first on BeInCrypto. origin »
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Fed paper looks at theoretical role of remuneration, convenience in CBDC design.
The discussion paper reviews the literature on the impact of CBDCs in large, developed economies and draws some conclusions and specific design elements. origin »
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Sensorium Teams Up With Polygon Studios To Accelerate The Development And Adoption Of Web3 Projects.
Zug, Switzerland, 17th November, 2022, Chainwire Sensorium, the company behind the industry-leading Sensorium Galaxy metaverse, is pleased to announce that it is entering into a collaboration agreement with Polygon Studios. origin »
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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. origin »
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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… origin »
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Binance Coin [BNB] traders can attempt to enter a risky long position at....
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Binance Coin was back in a zone of support The post Binance Coin [BNB] traders can attempt to enter a risky long position at... appeared first on AMBCrypto. origin »
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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… origin »
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Litecoin [LTC] buyers can deploy this plan to sail through the current rally.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin's recent bullish engulfing candlestick aided the buThe post Litecoin [LTC] buyers can deploy this plan to sail through the current rally appeared first on AMBCrypto. origin »
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Going long on UNI? Read this before making a decision.
Uniswap has a new update; Subsequently, its development activity surged Its network growth and daily activity witnessed an uptick as well Since FTX's collapse, more and more users have been The post Going long on UNI? Read this before making a decision appeared first on AMBCrypto. origin »
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What Terra Co-founder Daniel Shin said about $100M LUNA cashout.
According to local reports, Terraform Labs Co-founder Daniel Shin has claimed that he did not sell LUNA at its peak, before the token's price collapsed. Shin reportedly held a considerable number oThe post What Terra Co-founder Daniel Shin said about $100M LUNA cashout appeared first on AMBCrypto. origin »
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Trust Wallet launches browser extension, integrates with Binance Pay and Coinbase Pay.
The new browser extension lets users store, send and receive crypto across all EVM chains and Solana.
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