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Cryptocurrency News

Location American Cryptocurrency News for 9 November 2022
Marathon is now the 2nd-largest listed holder of Bitcoin, says CEO The United States-listed Bitcoin miner has produced at least 1,231 Bitcoin since the start of July and has sold none of it to date.
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Binance CEO shares 'two big lessons' after FTX's liquidity crunch CZ took to Twitter on Nov. 8 sharing "two big lessons" that crypto companies should learn amid the downfall of crypto exchange FTX.
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Crypto News Summary: Galaxy Digital's $77M Exposure to FTX, Temasek's & Tether's FTX Comments, Trezor Integrates Hodl Hodl Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news.__________...
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Coinbase Experiences 'Network Connection Issues' Amid Market Turbulence, Kraken Sees 'Connectivity Issues' Major exchange Coinbase experienced network connection issues Tuesday night (UTC) time, which it says were caused by a higher level of sign-ups and transfers. Kraken, meanwhile, said it saw brief and intermittent connect...
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Binance Proof-of-Reserve pledge gains support following FTX crisis The call for a more detailed disclosure of liquidity through the use of "Proof-of-Reserves" has been backed by many high-profile industry figures.
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Binance Backs out of FTX Deal Citing 'Due Diligence,' Reports of 'Mishandled Customer Funds' The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled customer funds,...
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Maple Finance Lending Pool Delegate 'Identified a Number of Key Weaknesses' Tied to FTX's Alameda Research According to a report from Orthogonal Credit, a delegate of Maple Finance's lending pools, the firm decided "earlier this year" not to lend to Alameda Research, FTX's quantitative trading firm. Orthogonal said through "d...
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Best Cryptos to Buy Today - D2T, RIA, IMPT, TRX, TWT The crypto market opened today with a downturn and is set to see some additional plunges down the line. While investors would want to be cautious about moving into the market, several coins could still provide gains. Thi...
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Bitcoin Price Prediction - BTC Falls Through $18,000, Here's Where It's Headed Next During the European session, the cryptocurrency market continued to underperform, with the global crypto market cap down 10% from yesterday and DeFi coins down more than 11%. Similarly, Bitcoin has dropped more than 10% ...
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Subway accepts Bitcoin, so users can get a sandwich on the Lightning Network The largest franchise in the world, Subway, is testing out the Lightning Network layer-2 Bitcoin payments solution and receiving encouraging results in Berlin, Germany.
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Binance CEO Explains Situation With FTX -- Says 'We Did Not Master Plan This' Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade the FTX token (F...
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Singapore's Temasek engages with FTX in liquidity crisis Temasek invested in a series of FTX's round findings that led to its $32 billion valuation in January.
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Cardano Price Forecast - Bulls Keep ADA Above $0.30, Can Prices Rally Now? Cardano price holds above $0.30 amid another 2022 crypto crash that followed the Binance and FTX drama. Although the selloff initially affected FTX Token (FTT), which has since lost 75% of its value over the last 24 hour...
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EverEarn Co-Founder Dave Rahman Explains How to Build a Startup That Will Stand the Test of Time The EverEarn token ($EARN) launched on the BNB Chain in January 2022 with a simple goal; to show that a new startup cryptocurrency can be run like a business from the beginning, without any false hype or empty promises, ...
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a16z Launches Trustless Access to Ethereum Blockchain Offering 2-Second Synchronization U.S. venture capital firm Andreessen Horowitz (a16z) is rolling out Helios, a Rust-based Ethereum light client the company developed with the aim to provide fully trustless access to the Ethereum blockchain. The announce...
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Ethereum Price Prediction - ETH Plummets 23%, Is It All Over for Crypto? The crypto markets have been hit with yet another black swan event - the collapse of one of the largest crypto exchanges in the world, FTX. Ethereum, along with the wider crypto markets, has shed a significant percentage...
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Bitcoin price risks $17K amid claim Binance may reject FTX takeover Further losses come in step with confusion over the future of FTX under Binance, while CPI data looms on the horizon.
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Meta Announces Layoffs Affecting 13% of Workforce; More Than 11,000 Employees to Be Fired Amidst 'Cultural Shift' Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company. Mark Zuckerberg, CEO of the company, explain...
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Biggest Movers: FTT Fire Sale Sends Token Over 70% Lower, SOL Also Falls Significantly FTX Token plunged by over 70% in today's session, as sentiment surrounding Binance's potential buyout of FTX continued to raise market eyebrows. Following speculation that FTX could be insolvent, Binance's Changpeng “C...
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US Treasury Redesignates Sanctions on Tornado Cash Crypto Mixer, Citing North Korea Involvement The US Treasury Department has redesignated sanctions on the mixing service Tornado Cash, saying North Korea's Lazarus Group has used the service to launder more than $100m stolen in crypto heists. The new sanctions were...
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Binance Coin Price Prediction - Can BNB Coin Become the Biggest Crypto? The crypto markets have been in free fall over the past 24 hours following the revelation that FTX may be suffering from liquidity issues.In what has culminated in a possible acquisition of FTX Exchange by Binance, marke...
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Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has slid under $900 billion for the first time since ...
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