On Nov. 13, the Kraken exchange announced that it has been in contact with law enforcement regarding the accounts held by the bankrupt FTX group. It added that it had frozen any accounts linked to FTX, Alameda, and its executives to protect their creditors. Kraken said that its own clients are not affected, and the...Read More
[PR – Seoul, South Korea, 14th November, 2022, Chainwire] ARGOS ID is delighted to introduce the world’s first Travel Rule solution for crypto wallets. The service brings full coverage on verifying unhosted wallets which virtual asset service providers(VASPs) find challenging in the current stage. As of the FATF guidance on verifying the originator and beneficiary...Read More
[PR – Geneva, Switzerland, 14th November, 2022, Chainwire] The TRON Grand Hackathon 2022 Season 3 submission period came to a close on Monday, November 14, with more than 1000 registered to participate. TRON DAO and BitTorrent Chain (BTTC) have an exciting lineup of 50+ partners and judges for Season 3. This innovation event draws together...Read More
Net exchange outflows have soared in the wake of FTX’s bankruptcy, inciting crypto holders everywhere to look after their own digital assets. Data from on-chain analysis firm CryptoQuant shows that over $8 billion in crypto has flowed off of centralized exchanges since November 6th – when worries about FTX’s solvency began to propagate. Since Binance...Read More
As contagion fears around FTX’s collapse continue to spread, one hedge fund manager has already admitted that his business is virtually ruined. Travis Kling – Chief Investment Officer of Ikigai – said on Monday that the crypto asset management firm lost a “large majority” of its funds on FTX. As explained on Twitter, Ikigai was...Read More
With Bitcoin having recently touched its lowest price point in 2022, some Bitcoin enthusiasts feel that now is a good time to buy. One of them is Edward Snowden. The ex-NSA contractor said on Monday that he is feeling the urge to “scale back in” to Bitcoin for “the first time in a while.” In...Read More
The Royal Bahamas Police Force and Bahamas Securities Commission have launched a criminal investigation into the now-bankrupt crypto exchange giant FTX. The probe follows previous statements from the securities regulator noting potential mishandling of client funds. Bahamas Regulators VS FTX RBPF spokesperson Chrislyn Skippings announced the probe on Sunday, without offering any details on exactly...Read More
If you’ve been following the crypto market, you know that things have been a bit rocky as of late. The market has been going up and down like a roller coaster, with no end in sight. But some coins out there are bucking the trend and staying strong. One such coin is Oryen (ORY). Oryen...Read More
Binance’s CEO, CZ, had an ask-me-anything (AMA) session on Twitter and answered community questions, mostly related to the FTX fallout and how he thinks the industry will move forward. In essence, CZ believes that this is a cleansing event that will eventually turn out to be a good thing. However, he still believes there will...Read More
There’s a new project emerging that is quickly becoming a favorite of the most experienced crypto investors. Orbeon Protocol is in stage 1 of its presale and is predicted to surge by over 60x, and with projects like Hedera seeing their HBAR token struggling to post any price growth, many are wondering whether Orbeon’s dramatic...Read More
Abstract: On 10 November 2022, the Bitcoin SV (BSV) Association released a new hardfork client, BSV 1.0.13. This new client contains a potential hardfork protocol change. It is difficult to gain absolute clarity over what the upgrade enables or how it works. However, it appears as if the upgrade may allow anyone cooperating with miners...Read More
The world’s largest payment processor – Visa – has terminated ties with FTX less than a month after introducing a new debit card program. Deeming the situation with the debt-ridden cryptocurrency exchange “unfortunate,” Visa’s spokesperson told Reuters that the company is “monitoring developments closely.” The financial services company’s official statement read, “We have terminated our...Read More
The world’s richest man has once again shared his thoughts on the primary cryptocurrency by means of total market capitalization. Tesla’s CEO, as well as Twitter’s new owner, reiterated his stance that Bitcoin will make it. Bitcoin will make it, but it might be a long winter. That’s what Elon Musk had to say about...Read More
