Crypto Traders Are Flocking to DeFi After FTX Exchange Implosion
Key Takeaways The decentralized futures platform GMX has seen an increase in use following the collapse of FTX. Last week,...
Bitcoin
Cathie Wood’s Fund Buys GBTC as Discount Reaches 40%
Ark Invest – the technology-focused investment firm founded by Cathie Wood – has aped into Grayscale’s Bitcoin Trust (GBTC) after...
Solana Plummets More Than 41% Over The Week Amid FTX Collapse
It’s been a choppy week for Solana. The 15th-largest cryptocurrency by market capitalization has lost 41.2% of its value over the...
Research report outlines why the crypto market might be on the verge of a reversal
As November begins, analysts are busy dissecting the major market movements that occurred in October. While Bitcoin (BTC) stayed relatively...
US Lawmaker Urges SEC to ‘Take Decisive Action’ to Regulate Crypto Industry — Plans to Examine Options for Federal Legislation – Regulation Bitcoin News
U.S. Congressman Brad Sherman has called on the Securities and Exchange Commission (SEC) to “take decisive action to put an...
BTC/USD May Retrace Above $17,000
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction rebounds from the...
FTX debacle sees Nansen take stock of major exchange onchain holdings
The collapse of cryptocurrency exchange FTX has put industry peers under the microscope with calls for transparent accounts of token...
Bitcoin Bull Michael Saylor Says FTX Crash Can Benefit BTC – Here’s What He Said
Michael Saylor. Source: a video screenshot, Natalie Brunell / YouTube“The FTX collapse is an expensive ad for Bitcoin,” said former...
Zksync Devs Plan to Launch Layer 3 Scaling Solution Called ‘Opportunity’ in Q1 2023 – Blockchain Bitcoin News
Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a...
FTX collapse followed by an uptick in stablecoin inflows and DEX activity
On-chain data from Glassnode show Bitcoin’s (BTC) movements hit a new record for the largest net decline in aggregate BTC...
SBF’s ‘Truly Trustless’ Protocol — Serum’s Upgrade Authority May Be Tainted, Devs Look to Fork Project – Altcoins Bitcoin News
According to Solana’s founder, Anatoly Yakovenko, Serum developers are forking the platform because the “upgrade key to the current one...
Blockchain and the world’s growing plastic problem – Cointelegraph Magazine
Everything makes its way to the sea, and none more so than plastics. There are now five floating plastic islands...
Conflicting Reports Emerge About SEC Helping Bankrupt Crypto Exchange FTX With Legal Loopholes – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) reportedly met with crypto exchange FTX and former CEO Sam Bankman-Fried several times...
Binance Forming Crypto Industry Recovery Fund to ‘Reduce Further Cascading Negative Effects of FTX’ – Bitcoin News
Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng...
How It Works in Practice?
Since digitalization is becoming an unavoidable part of our everyday lives, artists are also gradually moving away from painting and...
Polygon (MATIC/USD) teases a metaverse game changer
After a series of developments, Polygon (MATIC/USD) is again making airwaves. This time around, the network is entering the metaverse...
St. Kitts and Nevis to Explore Possibility of Making Bitcoin Cash Legal Tender by March 2023 – Bitcoin News
St. Kitts and Nevis will explore the possibility of making bitcoin cash legal tender by March 2023. The statement was...
Here is what is happening and the potential price action next for Solana (SOL/USD)
Solana (SOL/USD) is again flexing its muscles after losing half of its value in two days. On Friday, the cryptocurrency...
Manhattan District Attorney Freezes $1.3 Million in Crypto — Seeks to Return Funds to Fraud Victims – Regulation Bitcoin News
Manhattan District Attorney (DA)’s Office has frozen more than $1.3 million in cryptocurrency “during fraud investigations conducted over the past...
Uniglo.io Looks to Provide Holders Gains With Upcoming Burn
Many investors seek safe havens for their money as the global economy tramples on the verge of recession, and Uniglo.io...
As Economies struggle, Can Bitcoin Triumph in a Global Recession?
The US is struggling to admit that the economy is in recession. That’s despite a recent warning by the World...
Soccer Superstar Lionel Messi Joins NFT Game Sorare as Investor and Brand Ambassador – Blockchain Bitcoin News
Lionel Messi, one of the biggest Argentine soccer superstars, has announced his participation as an investor and brand ambassador in...
