The Financial Times (FT) published a document on Tuesday exposing where Alameda’s venture investments went days before the FTX Group filed for bankruptcy. Its hundreds of investments included high-profile companies like SpaceX, and a variety of crypto tokens like Polygon (MATIC), and NEAR. The spreadsheet, dated early November, included Alameda’s private equity portfolio, alongside “some...Read More
Bitcoin payments platform Strike has now expanded to Africa, enabling instant and low-cost remittances to the continent by leveraging its new “Send Globally” feature. The tool, available to all American Strike users, will offer initial coverage to Nigeria, Kenya, and Ghana. Bringing Bitcoin to Africa As announced by Strike on Tuesday, the feature was launched...Read More
Ethereum infrastructure provider ConsenSys has issued a follow-up statement to its privacy policy update that rattled the MetaMask community last month. The firm clarified that it does, in fact, collect users’ IP addresses and wallet information when they make a MetaMask transaction through Infura – but plans to reduce its retention of such data down...Read More
[PRESS RELEASE – Dubai, UAE, 23rd November 2022] POST VOYAGER CLOUD (hereafter POST VOYAGER) has officially announced the signing of a Memorandum of Understanding (MOU) with NEOPIN. POST VOYAGER is an evolutionary blockchain network that is set to build a metaverse world by onboarding GameFi, NFT projects, DeFi apps, protocols and much more. The agreement...Read More
Changpeng Zhao – CEO of the world’s largest crypto exchange, Binance – rejected some of the latest assumptions regarding himself and his company’s involvement in FTX’s crash. He reiterated his position that the main culprit of the catastrophe was Sam Bankman-Fried (SBF), describing him as “one of the greatest fraudsters” of all time. CZ’s List...Read More
XRP price had maintained a notable upswing since the beginning of the current trading month. However, the mounting bearish pressure over the asset dragged the price lower and also compelled it to drop below the bullish pattern. Besides, the Ripple vs SEC case is also appearing to find closure at the earliest, but the impact...Read More
The American multinational investment bank – Goldman Sachs – intends to spend tens of millions of dollars to acquire or invest in cryptocurrency organizations. Goldman’s head of digital assets – Matthew McDermott – thinks the involvement of trustworthy regulated players in the crypto industry could improve its current condition. Goldman Remains a Crypto Proponent In...Read More
It’s fair to say that when Elon Musk, the wealthiest man on the planet, was linked with a leveraged takeover of Twitter initially, it caught many people off guard. And while it appeared as though the deal was on one minute and off the next, the man behind Tesla finally got everything over the line,...Read More
We’re proud to welcome Alertatron, who offer automated algorithmic trading solutions for digital asset markets, to the BitMEX Partner Programme. The addition of Alertatron means BitMEX users can safely access a wider range of sophisticated trading tools, thereby aligning with our ongoing focus to widen the range of benefits and services available within our ecosystem....Read More
A major capital reset is underway, according to on-chain analytics provider Glassnode. In its “week on-chain” report on Dec. 5, the firm said the FTX collapse caused “one of the largest deleveraging events in digital asset history.” Markets have been consolidating just above those cycle lows since the FTX meltdown in early November. Additionally, there...Read More
We’ve just listed our new monthly Bitcoin futures contract on BitMEX – XBTF23, which started trading at 04:00 UTC on 6 December 2022.You can start trading XBTF23 here, or read on to learn more. Our Current Bitcoin Futures Contracts For the listing and settlement dates of our current futures contracts, please see the table below:...Read More
Following the controversial interview between Sam Bankman-Fried and journalist Andrew Ross Sorkin at the New York Times DealBook Summit, SBF received a cordial invitation on December 13 from Congresswoman Waters to understand what happened during the FTX collapse. However, SBF declined Waters’s invitation, saying he didn’t feel it was the right time to appear before...Read More
Eric Robertsen – Global Head of Research at Standard Chartered – thinks bitcoin could tumble to $5,000 next year as more cryptocurrency firms might experience liquidity issues. He believes 2023 could be prosperous for gold, envisioning the yellow metal’s price to surge to $2,250 per ounce. Next Year’s Potential Trends As reported by CNBC, Robertson...Read More
Burdened by regulatory pressures, crypto lending firm Nexo has given up on continuing to operate within the United States. The company announced on Monday that it would begin phasing out its products and services from the country over the coming months. Regulatory Roadblock According to Nexo, the firm has engaged in “good-faith dialogue” with the...Read More
