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Singapore-Based Crypto Exchange Bitget Opens Operations in Brazil.
The company has integrated with the government’s payment system Pix and begun allowing crypto purchases with Brazilian reals. origin »
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Temasek Prepares to Write Off Up to $300M Invested in FTX: Bloomberg.
Singapore's state investment fund Temasek is preparing to write off between $200 million and $300 million which it invested in bankrupt crypto exchange FTX, Bloomberg reported Wednesday. origin »
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Matter Labs Nets $200M to Build zkSync Ethereum Scaling Platform.
A week after zkSync V2’s “baby alpha” launch, Matter Labs said it would open-source its code and push for improved standards around rollup development. origin »
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FTX founder blames “excessive leverage”, wants to make clients whole.
SBF in a recent twitter thread hinted that he was looking to restart as he plans to increase liquidity. This comes as ASIC suspends FTX Australia's license. origin »
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SHIB Metaverse: Tech Trench Hub Inspired by Leading Universities Launched.
This hub is intended to provide more in-depth connection with cultural reassurance and lessons learned origin »
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Ripple's ODL Solution Gains Substantial Adoption This Year: Report.
Ripple reveals how its ODL platform gained massive adoption in 2022, despite global disturbance origin »
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First Mover Americas: FTX's Hacked Funds Are on the Move.
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 15, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. origin »
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Should you buy MATIC after Nike launched the NFT platform on Polygon?.
One of the largest apparel companies, Nike has launched a new Web3 platform called . Swoosh aimed to offer Polygon (MATIC/USD)-based non-fungible token (NFT) products. Polygon is a blockchain scaling platform, one aiming to scale Ethereum (ETH/USD) compatible blockchain networks as a Layer-2 solution powered by the MATIC cryptocurrency. origin »
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Up-and-coming Oryen sees remarkable progress during ICO.
While stocks and other conventional assets shrink in the face of global economic recession, traders have sought alternative vehicles to grow their assets. Consequently, digital assets like cryptocurrencies and NFTs have soared in popularity. origin »
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What Are Utility NFTs?.
This type of NFT links rewards and experiences to digital assets. origin »
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XRP Poised To Break New Ground As Ripple Unveils This New Trillion-Dollar Worth ODL Corridor.
Ripple, the firm behind XRP, the seventh-largest crypto asset, is looking to tap the almost $1 trillion mobile money value in Africa through the use of its fast and cost-effective on-demand liquidity (ODL) service. origin »
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Luna Foundation Guard Spent $2.8B Defending UST Peg, Third-Party Audit Finds.
Luna Foundation Guard (LFG), the entity behind the collapsed Terra ecosystem, spent $2.8 billion of crypto trying to defend the peg of TerraUSD (UST) in May, according to a third-party audit by JS Held. origin »
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BudBlockz (BLUNT) the next best thing for FTX Token (FTT) investors.
Despite the collapse of FTX and FTT, several altcoin options, like BudBlockz (BLUNT), are poised to deliver high returns in the future. origin »
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Circle CEO Calls for Clear US Laws on Stablecoins to 'Unleash' Their Potential.
Circle CEO and founder Jeremy Allaire wrote to prominent financial services lawmakers in the U.S., calling for workable, clear legislation on stablecoins and warning of the risks to the country of not doing so. origin »
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Crypto exchange Liquid halts all withdrawals.
Liquid is an FTX-owned crypto exchange based in Japan and which Sam Bankman-Fried acquired in February this year. Liquid, a Japan-based cryptocurrency exchange acquired by bankrupt crypto exchange FTX in February this year, has halted all withdrawals and deposits. origin »
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Hong Kong Crypto Exchange AAX Reopening Hinges on Capital Raise.
The Hong Kong exchange shuttered activity Sunday blaming turbulent markets, but has denied exposure to Sam Bankman-Fried's now-defunct FTX origin »
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Liquid Global, Crypto Exchange Owned by FTX, Halts Withdrawals.
The Japanese exchange lost $90 million in an attack in 2021. origin »
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FTX Accounts Drainer Swaps Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder.
Some $27 million worth of ether was converted to the DAI stablecoin, while funds on the BNB Chain were converted to ether and bridged to the Ethereum network. origin »
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Astounding burn could boost Uniglo.io price upon launch, surpassing Shiba Inu (SHIB) And Dogecoin (DOGE).
Calling all doggy-coin hoarders: a new token set to launch on Ethereum Network may leave your meme-coins in the dog house. Introducing Uniglo, featuring intense burn mechanics, a multi-asset backed treasure Vault, and a DAO-governed democratic decision-making system. origin »
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Tremendous supply burn by Uniglo.io team likely to pique attention of BNB, DOGE and SHIB holders.
The collapse of FTX has sent fierce shudders through the markets: unleashing a sea of red. Then, almost prophetically, a new Ethereum-based social currency that delivers a store of value launches this month, and crypto enthusiasts have begun flooding the presale. origin »
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Polygon Continues To Build Despite Market Turbulence; Here Are Levels To Watch.
MATIC’s price fails to hold amidst market turmoil as the price falls back to its key support zone with a range-bound movement. MATIC’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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This Firm Offers 8 To 12 Cents On A Dollar Of FTX User Deposit Claims.
The FTX crisis has escalated into a legal battle between bankrupt crypto exchanges and firms whose assets are stuck on its platform. Before FTX froze assets withdrawal, many crypto firms couldn’t recover their funds from the exchange. origin »
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XRP Whale Withdraws Massive $135M From Binance, Bullish Signal?.
Data shows an XRP whale has made a massive withdrawal of $134 million from Binance, something that could prove to be bullish for the price of the crypto. Whale Transfers $135 Million In XRP Out Of Crypto Exchange Binance As per data from the crypto transaction tracker service Whale Alert, a huge XRP transfer was spotted earlier in the day. origin »
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Tom Brady, Gisele Bundchen And Sam Bankman-Fried Sued Over FTX Collapse.
Per a report from the Washington Examiner, NFL Legend Tom Brady and others are facing a class action lawsuit from FTX investors. The football player is one of the many celebrity ambassadors who vouched for the crypto exchange platform. origin »
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SHIB, XRP Show Strength As Crypto Market Begins Recovery.
Shiba Inu (SHIB) and XRP have shown strength in the present recovery in the market. The crypto market decline had been triggered by the FTX collapse, and even now, the negative effects are still being felt all across the space. origin »
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First Mover Americas: FTX Fallout Reverberates Across Crypto-Land.
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 16, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. origin »
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MetaMask Could Soon Launch Its Token Airdrop. Here’s How to Prepare.
Crypto Briefing looks at the various steps MetaMask users can take to boost their chances of qualifying for the wallets long-rumored token airdrop. MetaMask Token Incoming? MetaMask is the most... origin »
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4 Key Takeaways from the FTX Fiasco.
The real reason why the FTX failure hits so hard is not because the crypto industry was duped, but because it proved that the industry was vulnerable to being duped. origin »
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LFG Audit Claims Do Kwon Didn’t Steal Terra Funds—but Can It Be Trusted?.
The audit asserts that the Luna Foundation Guard spent approximately $2.8 billion to defend USTs peg. LFG Releases Audit The Luna Foundation Guard is trying to clear its name. The... origin »
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Metaverse Market Size to Grow by $107.06 Billion by 2027, Asia Pacific Region to Lead – Report.
The global metaverse market share is set to increase by $107.06 billion from 2023 to 2027, according to a report by leading global research firm Technavio Research. The report, which draws its analysis from five regions including North America, Europe, APAC, South America, and the Middle East and Africa further projects the market’s Year-Over-Year growth rate to hit 20.59% during the forecast period. […] origin »
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VRJAM And Polygon Collaborate To Launch ‘Planet Polygon’, a VR-based Arena In The Metaverse.
VRJAM, an award-winning live metaverse entertainment platform, recently announced its partnership with Polygon to create Planet Polygon, a metaverse-based virtual project created alongside VRJAM’s Open Beta platform launched on November 2, 2022. origin »
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Ethereum Bounces Off $1,100 But Not In A Safe Zone; Here Is Why.
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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Sam Bankman-Fried’s Unceremonious Exit Leaves ‘Alameda Gap’ in Crypto Markets.
The fall of a big player in the crypto trading sector has created a domino effect: lack of liquidity, according to a new report from Kaiko Research. origin »
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Investigations Into The Collapse Of The FTX Empire Under Way.
In a November 14, 2022, media release update on FTX, the Securities Commission of The Bahamas (SCB) confirmed that it had applied to the Supreme Court to appoint a court-supervised provisional liquidator for FTX and that it had obtained approval of joint provisional liquidators from PricewaterhouseCoopers (PwC). origin »
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Mintable supports NFT Minting on Ripple’s XRPL.
Mintable and Ripple’s partnership has gone a step further to realize the multi-chain future with regard to NFTs. origin »
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Maps.me and Oxygen have tokens locked up in FTX.
Maps.me, a DeFi initiative run by Alameda, and Oxygen, a related effort, said their tokens are locked in FTX. origin »
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Coinbase: FTX’s Collapse Will Likely Lead to an Extended Crypto Winter.
Poor liquidity in cryptocurrency markets could last until at least the end of the year and the crypto winter until end-2023, the exchange said. origin »
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MarketAcross Joins Polkastarter Gaming & Web3 Stalwarts For Pioneering GAM3 Awards.
Tel Aviv, Israel, 15th November, 2022, Chainwire First-of-its-kind Web3 gaming event to connect the community, gaming studios, and influential industry participants to reward selected winners from over 200 games for 16 unique categories Echoing the rapid growth of blockchain-based gaming and rising investment inflows, Polkastarter will be hosting the first-ever GAM3 Awards to showcase the […] The post MarketAcross Joins Polkastarter Gaming & Web3 Stalwarts For Pioneering GAM3 Awards appeared first on CoinJournal. origin »
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Tether Up On US Treasury Bills, Reduces Commercial Paper Holding – Q3 2022 Consolidated Reserves Report.
The accounting firm BDO Italia has performed a quarterly assurance on the Consolidated Reserves of Tether Holdings Limited and its wholly-owned subsidiaries as of 30th September 2022. According to its report, Tether Group’s consolidated assets exceed its consolidated liabilities. origin »
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Ripple’s 2022 Q3 Report: Highlighting Achievements Amid Plunging Markets.
Ripple (XRP) has released its quarterly XRP market report showing the company’s performance in the industry, including its recent development, community relations, and tokenomics, among others. origin »
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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. origin »
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FTX Hacker Becomes 35th Largest Ethereum (ETH) Whale – Dump Incoming?.
Last Friday, the FTX drama took a new turn when it became known that some of the remaining customer funds were stolen by a hacker. According to current knowledge, it must have been an inexperienced insider who gained access to FTX’s wallets. origin »
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Bahamian Supreme Court Approves Liquidators for FTX Assets.
Authorities in the Bahamas, where Sam Bankman-Fried's FTX was headquartered, are investigating the exchange's dramatic collapse for criminal misconduct and breach of securities laws. origin »
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Privacy-Enhancing Crypto Coins Could Be Banned Under Leaked EU Plans.
Government amendments to money laundering rules seen by CoinDesk would see crypto providers forbidden from touching Monero or Dash origin »
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Bernstein: The Collapse of Crypto Exchange FTX More Like Enron Than Lehman.
The broker sees a significant liquidity impact on the crypto market in coming weeks, which will hurt the smaller tokens. origin »
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Blockchain Company AltLayer Appoints Amrit Kumar as COO.
AltLayer is a layer 2 scalability product built on the Ethereum blockchain. origin »
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Top 3 Doge Chain Ecosystem Tokens with Highest Profit In The Last 24Hrs.
Despite the severe bear market and the recent crash, seeing Bitcoin fall to a yearly low of $15k levels, these Dogechain ecosystem tokens have recorded massive price increase. Let’s look at some of the factors that might have influenced the recent price spike. origin »
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First Mover Asia: Bitcoin, Ether Rise Late Despite FTX Fatigue.
Sam Reynolds considers the advantages of licensed custodians as the crypto industry wrestles with the fallout from crypto exchange FTX's implosion; bitcoin ris origin »
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Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low.
The mining firm has a liquidity position of $4.5 million and outstanding principal of $138.5 million origin »
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Uniglo.io ICO intensive burn turns it even more deflationary than BNB and Shiba Inu.
Uniglo could be the most deflationary token ever seen in crypto. And these deflationary credentials just got boosted to the next level. GLO will now burn every unsold token after pre-sale in an instant as part of its revolutionary intensive burn event, sending the prospects for early investors even higher. origin »
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