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Cryptocurrency News

Location American Cryptocurrency News for 11 November 2022
Alchemy Pay Brings OnRamp and NFT Checkout to London Token2049 PRESS RELEASE. Fiat-crypto payment provider, Alchemy Pay, is bringing its mainstream-friendly services to Europe's foremost crypto conference – London Token2049. The Singapore-based company has taken its payment networ...
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Breaking: FTX US Files for Chapter 11 Bankruptcy, Sam Bankman-Fried Resigns, Crypto Prices Crash Instantly In a statement posted on the official FTX Twitter account, the firm announced that they had commenced voluntary Chapter 11 bankruptcy proceedings. The news comes despite efforts by founder Sam Bankman-Fried (SBF) to rais...
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FTX ex-exec floats 'cool token' idea amid warning rebound may take years Zane Tackett suggests alternatives to "boomer procedures" when it comes to FTX bankruptcy.
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Blockfi Pauses Customers Withdrawals, Cites 'Lack of Clarity' on FTX's Status as Cause Blockfi, a cryptocurrency lending platform, has announced that it is limiting the operations of its platform and pausing customer withdrawals. The company issued a letter where it states that this decision was caused by ...
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TRX's USD Exchange Rate Jumps 270% Higher on FTX After Exchange Brokers Deal With Tron On Thursday, at approximately 12:48 p.m. (ET), the embattled exchange FTX revealed that it has created a special facility with Tron. The deal allows holders of specific Tron-based coins to withdraw the tokens to external...
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JPMorgan Expects Crypto Market to Face Weeks of Deleveraging - Warns Bitcoin Price Could Drop to $13K Global investment bank JPMorgan has warned of the crypto market facing weeks of deleveraging stemming from the crisis at Sam Bankman-Fried’s crypto exchange FTX.com and trading platform Alameda Research. The firm’s a...
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SEC, DOJ Investigate FTX -- Regulators Suspect Crypto Exchange Mishandles Customer Funds The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are reportedly investigating cryptocurrency exchange FTX. The crypto firm is suspected of mishandling customer funds and breaking secu...
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Ethereum Turns Deflationary Amid Market Turmoil - Future of Money? Ethereum's native token ETH is once again turning deflationary, as more tokens are burned than new ones issued, leading some proponents to point to ETH as a future sound money....
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3 key crypto price events to watch in the wake of the FTX and Alameda debacle FTX and Alameda's Ponzi-like trading scheme has dealt a heavy blow to the entire crypto industry. Here are three developments to keep a close eye on.
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Experts Predict These 4 Coins Might 10x as Crypto Prices Bounce With the crypto market experiencing a downturn, investors are looking for ways to wait out the current storm. While coin prices remain highly volatile, there are still opportunities for gains. Several coins have piqued t...
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Onchain Data Shows FTX US Paused ETH Withdrawals for 2 Hours, Users Complain of Withdrawal Errors After FTX International’s parent firm West Realm Shires Services filed for Chapter 11 bankruptcy protection in Delaware, users noticed that FTX US was included in the bankruptcy filings. On the U.S. exchange’s websit...
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Total crypto market cap drops to $850B as data suggests further downside The crypto market managed an 11% bounce from the Nov. 9 low, but a handful of metrics show a severe lack of investor confidence.
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Gaming Crypto Calvaria Has Raised $1.6 Million in Presale - Time to Buy? With $1.6 million raised, RIA once again blazes through its presale. Is now a good time to buy RIA? Early this month, the Calvaria developers announced that the native token presale had reached its third stage. Currently...
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Crypto.com CEO Shares Company's Crypto Reserve Addresses in the Wake of FTX Bankruptcy On Nov. 11, 2022, the CEO of Crypto.com Kris Marszalek shared the company's proof-of-reserves addresses that hold leading crypto assets like bitcoin and ethereum. Marszalek says a "proof-of-reserves audit preparation is ...
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What is CeDeFi: A Beginner's Guide to Centralized DeFi Decentralized finance (DeFi) has grown in popularity to become a billion-dollar market that's giving users the same financial products as in traditional finance (TradFi), plus earning additional opportunities. These are ...
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Binance Provides Proof of Reserves in Response to FTX Collapse - This is How Much Money They Have The major crypto exchange Binance has revealed details about its reserves as nervousness started to spread in the crypto community following the collapse of rival exchange FTX. According to the information Binance has re...
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Bitcoin slips under $17K, crypto stocks tumble in reaction to FTX bankruptcy Bitcoin, altcoins and crypto-linked stocks correct sharply after FTX officially files for bankruptcy, with BTC price slipping below its June lows again.
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Philanthropic FTX Foundation Sunsets Operations Amid Bankrupt Exchange's Fallout The philanthropic effort created by the troubled crypto exchange FTX has detailed it is sunsetting operations and told the community that members were "shocked and immensely saddened" by the turn of events that transpire...
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AscendEX New User Promotions: Reward Every Step of the Way PRESS RELEASE. New York, NY, November 11, 2022 - AscendEX, a leading global cryptocurrency exchange, is excited to announce its new user rewards program, providing users an exclusive chance to mine BTC and earn satoshis ...
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FTX crisis likely to spark a domino effect, macro analyst explains The collapse of Sam Bankman-Fried's crypto empire is likely to have repercussions beyond the crypto markets, according to Mike McGlone, senior commodity strategist at Bloomberg.
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Dash 2 Trade Provides Users with Crypto Trading Signals Using Real-Time Data - Is This The Future? Crypto prices have been struggling over the course of the past few days thanks to the meltdown of FTX, but there are some brand new projects that are hoping to capitalise on the volatile swings in the markets to gain tra...
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3,500 'Sleeping Bitcoins' From 2011 Worth Over $60 Million Wake up After 11 Years of Slumber On Nov. 11, amid the confusion concerning troubled crypto companies like FTX and Blockfi, 3,500 ‘sleeping bitcoins’ from a wallet created on Oct. 7, 2011, moved for the first time in over 11 years. $60 Million Worth ...
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