National Bank of Ukraine releases draft concept for digital hryvnia
The National Bank of Ukraine has presented the draft concept of the digital hryvnia to participants of the virtual assets market, payments firms and state bodies.
LBRY alleges Apple forced it to censor certain terms during COVID-19
Blockchain-based file-sharing and payment network LBRY has alleged tech giant Apple had forced it to filter out certain search results on its apps during the pandemic.
Israel's chief economist lays out recommendations for crypto regulation
While the tech-savvy Israel has surprisingly been a slow adopter of crypto, adoption is expected to pick up, with Israel's chief economist laying out digital asset recommendations for Israeli law and policymakers.
Nifty News: China’s lockdown protest NFTs emerge, Candy Digital cuts staff, and more
Nonfungible token (NFT) images of China’s anti-lockdown protests appear on OpenSea, NFT startup Candy Digital has reportedly cut a third of its staff, the Bored Ape Yacht Club theme restaurant pops up in the Philippines, and Ripple’s blockchain records a record NFT sale.
Silvergate denies recent FUD, confirms minimal exposure to BlockFi
Silvergate has confirmed it has minimal exposure to the bankrupt crypto lender BlockFi, but stock prices are still slumping.
Calls for regulation get louder as FTX contagion continues to spread
Crypto executives and politicians around the world are in unison, calling for greater crypto regulation.
FTX resumes employee and contractor payments after weeks in limbo
FTX CEO John Ray III has confirmed that its employees and contractors will be able to be paid regularly again after a period of “temporary interruption” caused by FTX’s shock collapse.
BlockFi sues Sam Bankman-Fried over shares in Robinhood
BlockFi, the now bankrupt cryptocurrency lending platform, has filed a lawsuit against Emergent Fidelity Technologies, an investment company owned by FTX founder Sam Bankman-Fried, alleging the firm owes BlockFi its shares of Robinhood worth around $650 million.
From the NY Times to WaPo, the media is fawning over Bankman-Fried
Mainstream media outlets just can’t seem to stop drooling over the disgraced FTX founder.
FTX Resumes Post-Bankruptcy Payments To Employees
The company will pay employees and vendors, but not former CEO Sam Bankman-Fried or Caroline Ellison.
Gary Vee-Backed NFT Startup Candy Digital Cuts Staff in Mass Layoffs
The company, valued at $1.5 billion, is backed by Fanatics and was co-founded by Gary Vaynerchuk and Mike Novogratz.
Bitcoin capitulations abound — Data shows realized and unrealized losses at record-highs
Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation in the Bitcoin market.
Meta fined €265M for allowing scrapers to steal Facebook's centralized user data
This enforcement action against Meta is a reminder that the problems surrounding data centralization have not yet been solved.
ECB president reiterates calls for 'MiCA II' in response to FTX collapse
European Central Bank President Christine Lagarde said the situation with FTX was about “stability and reliability” and the bank needed to step up as a global regulator.
FTX collapse impacts Miami’s nightclub scene: Report
The fallout from the implosion of FTX extends beyond the cryptocurrency ecosystem.
GK8 increases insurance cap on digital assets to $1B
The expanded insurance coverage is being offered in partnership with USI Insurance Services.
Biggest Outflows in 12 Weeks as Investors Cash Out Following FTX Fall
A new CoinShares report suggests that investors continue to feel bearish following the FTX crash.
Bitcoin’s bottom might be below $15.5K, but data shows some traders turning bullish
Bitcoin whales and market makers continue to add to their leverage long positions, even though it’s unclear whether $15,500 was the final bottom.
Compound Finance to impose lending caps in light of failed Aave exploit
The restrictions mainly affect illiquid tokens on Compound Finance.
Controlling shareholders' stakes in GBTC are 'highly illiquid': Report
The world's largest Bitcoin trust is currently trading at a 40% discount to NAV.
US House committee sets Dec. 13 date for FTX hearing
House Financial Services Committee chair Maxine Waters said U.S. lawmakers had scheduled a hearing aimed at exploring the collapse of FTX for Dec. 13.
Crypto Exchange Kraken Settles with Treasury Department over Iran Sanctions Violations
U.S. regulators continue their crusade against the lack of sanction compliance among crypto exchanges.
Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand
Staking infrastructure provider Kiln has raised $17.8 mln to fund further development as institutional investment in staking expected to rise.
MakerDAO community votes against CoinShares' 500M investment proposal
The decision by the MakerDAO community comes months after it approved the custodianship of $1.6 billion worth of USDC with Coinbase Prime.
Executive Who Brought Time Magazine Into Web3 Is Leaving for MoonPay
Longtime media executive Keith Grossman is departing to join the crypto payments startup to help more companies enter Web3.
Price analysis 11/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT
Weakness in the stock markets may add to the selling pressure in Bitcoin and altcoins.
Kraken settles with US Treasury's OFAC for violating US sanctions
Back in July, Cointelegraph reported that Kraken allegedly had more than 1,500 users with residences in Iran as of June 2022.
Bitcoin, Ethereum Slide Lower With Stocks Amid China Unrest, Crypto Contagion Fears
Markets appear to have been rattled by COVID protests in China. BlockFi’s bankruptcy announcement hasn’t helped either.
Jack Dorsey’s Block sues Bitcoin.com for trademark infringement
“The use of the designation "VERSE" constitutes an infringement of our client's trademarks under German trademark law,” Block's legal counsel said.
FTX logos and promotional material still everywhere despite bankruptcy proceedings
Social media users reported seeing FTX's logo and branding in Miami's FTX Arena, the Gumball 3000 motor rally in Abu Dhabi, and on Formula 1 merchandise.
BlockFi Owes $1 Billion to Just Three of Its Largest Creditors: Bankruptcy Filing
The largest creditors include the trustee company that manages its BlockFi Interest Accounts, FTX US, and the SEC.
Game7 allocates $100M in open-source technology grants for Web 3.0 gaming companies
Game 7 was created last November with a seed capital of $500 million, mostly from BitDAO.
Crypto fund investment still dominated by the United States: Database
The United States still leads the way in crypto funds as the home for 49.1% of all crypto funds.
BlockFi files for bankruptcy, as many expected, cites FTX collapse for its troubles
BlockFi files for bankruptcy just weeks after denying it had been significantly exposed to FTX.
Redefining blockchain through crypto-biometrics and DAO approach | AMA with Occam DAO and Humanode
Tune into Cointelegraph’s latest AMA session with Occam DAO and Humanode on November 28th
Tokenized government bonds free up liquidity in traditional financial systems
Tokenized government bonds can ensure faster liquidity and streamlined processes in traditional financial systems, but many things may hamper adoption.
Bitcoin will 'teleport' to $14K or worse if BTC breaks $16K — analyst
BTC price risks losing $16,000 to drop further, warn Bitcoin analysts.
Deadmau5’s Pixelynx Unveils NFT Scavenger Hunt: ‘Rock Band Meets Pokémon Go’
The Elynxir music metaverse game from Deadmau5 and Richie Hawtin comes to life in Miami this week through augmented reality.
Crypto Lender BlockFi Filing for Bankruptcy and Conducting Major Layoffs as FTX Contagion Claims Another: Source
BlockFi is the latest crypto firm to file for bankruptcy following the collapse of Sam Bankman-Fried's crypto empire.
Metaverse is a new frontier for earning passive income
The metaverse differs from past digital worlds, like those created in video games, through the use of nonfungible tokens.
Bitcoin is the king of crypto brand awareness for Aussies: Report
The bear market has not rocked the Australian market's conviction for cryptocurrency and overall, Bitcoin.
Binance CEO explains 127K BTC transfer, points at proof-of-reserve audit
Cryptocurrency exchange Binance is moving large amounts of cryptocurrency as part of its proof-of-reserve audits, according to the CEO.
Line to Shutter US Crypto Exchange Next Year, Suspends Onboarding Today
The Japanese social media firm Line will shutter its American crypto exchange, adding that the decision was unrelated to FTX’s collapse.
Aave temporarily freezes lending markets to fend off further attacks
The proposal was passed to reduce the risk for Aave version 2 and promote the eventual migration to version 3.
Dogecoin Jumps 22% in a Week Amid Twitter Payments Speculation
The meme coin’s latest bull run may be related to the speculation that it could be involved in Elon Musk’s plans for Twitter.
'Shrimp' and 'Crab' Bitcoin Balances Hit Record Highs Amid FTX Collapse
Retail Bitcoin holders have been aggressively accumulating the leading cryptocurrency since the implosion of the FTX exchange.
Line shuts down crypto exchange to focus on blockchain and LN token
Japan’s social media giant Line has taken a decision to shut down its United States-based crypto exchange Bitfront amid the ongoing crypto winter.
FTX collapse put the Singapore government in a parliamentary hot seat
FTX collapse might change the government and cryptocurrency exchange relations in the coming years and might have a lasting impact on regulations as well.
New BTC miner capitulation? 5 things to know in Bitcoin this week
Bitcoin miners face tough times as BTC price action nurses over 20% losses in November.
AAX exec leaves the crypto exchange amid ongoing operational halt
Former AAX exec Ben Caselin described the actions of the firm as without empathy and overly opaque.
FTX collapse drives curiosity around Sam Bankman-Fried, Google data shows
Google Trends data show that searches for SBF are 185.7% more than they were for Do Kwon when Terra (LUNA) collapsed in May 2022.
FTX under 'active' civil and criminal investigation: Bahamas AG
The Bahamas Attorney General Ryan Pinder said Bahamian authorities were working with "a number of specialists and experts and will continue to do so as the need arises."
Three Arrow’s Su Zhu reveals latest attempts at a comeback post-FTX
The co-founder of crypto hedge fund Three Arrows Capital, one of this year's so-called crypto "villains" looks to be attempting a comeback.
Dogecoin jumps after Elon Musk shares glimpse into Twitter 2.0 plans
Musk has confirmed that his Twitter 2.0 vision includes a payment system as part of his grand plan for “The Everything App,” which led to a 19.4% price surge in DOGE just a few hours after the announcement.
Bizarre $600K Elon Musk crypto statue marketing stunt falls flat
A crypto start-up has spent $600,000 on a goat statue with the head of Tesla CEO Elon Musk and delivered it to a Tesla factory in Texas in an effort to grab the billionaire's attention.
Attorney General of The Bahamas Defends Its Crypto Savvy in Wake of FTX Crash
Ryan Pinder's years in public service included a year-long break to work at Deltec Bank, a Bahamanian firm with ties to FTX.
Attorney General of The Bahamas Defends Its Crypto Savvy in Wake of FTX Crash
Notably, Ryan Pinder's years in public service included a year-long break to work at Deltec Bank, a Bahamanian firm with ties to FTX.
Crypto Twitter calls for calm after wETH insolvency joke goes viral
Rumors of Wrapped Ethereum's (wETH's) insolvency gripped the crypto community over the weekend, but it has been revealed to be one big inside joke that went out of control.
FTX fall was ‘incredibly damaging,’ crypto must foster real utility: Ripple policy lead
FTX’s collapse has been “incredibly damaging” for the cryptocurrency industry according to the APAC policy director for Ripple, Rahul Advani.
More laws are the solution for taking down crypto influencers
The EU moved in the right direction by passing a law requiring influencers to disclose the risks associated with crypto. More countries should follow their lead.
Crypto Cyber Monday Deals for Your Shopping List
Hardware wallets are a popular option for securing digital assets, and blockchain intelligence firms are also offering deals.
After FTX: Defi can go mainstream if it overcomes its flaws
Some of the biggest DeFi exploits of 2022 include the Ronin network exploit in March that resulted in a loss of $620 million worth of funds.
Would-Be Crypto Sleuths Converge on Bahamas to Hunt for SBF
The crypto community takes the search for the disgraced FTX founder into their own hands.
5 Lessons From the Stunning Implosion of SBF and FTX
SBF went from crypto hero to zero in a few ruinous days. The contagion and reputational damage for the industry is brutal. Can we learn from it?
TON Telegram integration highlights synergy of blockchain community
The recent update to Telegram’s wallet bot can open up a wider range of the public to using cryptocurrency.
The reason bots dominate crypto gaming? Cash-grubbing developers incentivize them
Users who have the most ability to profit from the crass profiteering mechanisms are those who use automated systems to “play” the games.
This Week on Crypto Twitter: Genesis Comes Under the Spotlight as FTX Shockwaves Recede
Also, the Ethereum team wanted everyone to know that fees on the network may soon be reduced by as much as 100x.
CME Head Appears To Say He Bribed CTFC Official
Terry Duffy made the slip while speaking to Tucker Carlson on Fox News.
Bitcoin 'millionaire' wallets drop 80% in year of BTC price bear market
BTC price downtrend puts pressure on Bitcoin wallets worth a million dollars or more.
Bitcoin price consolidation has shifted traders to these 4 altcoins
Bitcoin is witnessing a battle between buyers and sellers, but DOGE, LTC, LINK, and APE suggest an advantage to the bulls.
Putin calls for blockchain-based international payment system
Russian President Vladimir Putin criticized monopoly in global financial payment systems and called for an independent and blockchain-based settlement network.
What is an Ethereum Virtual Machine (EVM) and how does it work?
Forming the backbone of the Ethereum Blockchain, EVM provides developers with a run-time environment to build DApps and other applications.
Fenix Games raises $150M to fuel next-generation blockchain gaming
Fenix Games CEO Chris Ko highlighted that the market for blockchain gaming does not exist as it did for traditional video games such as gaming consoles and mobile gaming.
Bitcoin mining revenue lowest in two years, hash rate on the decline
While the current market price of around $16,500 suggests a noticeable increase in mining revenue, factors including greater mining difficulty and rising energy prices contribute to lower income in dollar terms.
It’s time for crypto fans to stop supporting cults of personality
From Sam Bankman-Fried to Bitboy, cryptocurrency fans have been too quick to support divas who gained notoriety on social media. It's a phenomenon that needs to end.
New York's mayor seeks balance with regulators after PoW mining moratorium
The comments follow the new law signed by New York governor Kathy Hochul, banning proof-of-work (PoW) mining activities for two years in the state.
Crypto Marketers Search for a New Sales Pitch After FTX Crisis
As the FTX contagion continues, crypto marketers are scrambling to sell a more appealing vision of the industry—and reassure a wary public.
Alameda Research withdrew $204M ahead of bankruptcy filing - Arkham Intelligence
Alameda Research withdrew over $200 million from FTX.US before it filed for bankruptcy.
How low can the Bitcoin price go?
Bitcoin bear market price predictions are in as analysts discuss how low BTC price action can really go.
Aave Feeling the Squeeze Even After Failed Attempt by Mango Hacker
The trader who exploited Mango Market failed to do the same on Aave. But he did prove a point, and left Aave with $1.6 million in bad debt.
Canada crypto regulation: Bitcoin ETFs, strict licensing and a digital dollar
While the country still holds a rather uptight process of licensing the virtual asset providers, it outpaces the neighboring United States.
Sustainability: What do DAOs need to succeed in the long run?
Community as the base of a decentralized structure also supports another rather important factor: funding.
This Week in Coins: Bitcoin, Ethereum Stable—Has the Worst of the FTX Damage Passed?
It looks like the worst may be over for now, though a CoinShares report suggests institutional players are lining up to short crypto.
Bitcoin new 'worst case scenario' puts BTC bear market bottom near $6K
Bitcoin seeing a "worst case scenario" may ultimately mean BTC price ends up at $6,500.