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Cryptocurrency News

Location American Cryptocurrency News for 12 November 2022
SEC Chair Gensler Discusses Crypto Regulation Following FTX Collapse -- Says This Field Is 'Significantly Non-Compliant' The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined two paths the agency is taking to regulate the crypto industry. Meanwhile, a U.S. congressman is investigating whether Gensler...
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Terra Luna Classic Price Prediction - Can LUNC Recover and Hit $1 Terra Luna Classic (LUNC) price sell-off continues unabated in the wake of the collapse of FTX and its affiliated companies. The total cryptocurrency market cap sunk deeper below the $1 trillion mark as investors reacted...
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Rich Dad Poor Dad Author Robert Kiyosaki Says BTC Will Bottom at This Price, Not Worried About Crash Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, believes Bitcoin may go as low as $10,000 as the dust from the FTX fallout settles. The sudden collapse of FTX, once the third-largest cryptocurrency exchang...
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Hedge Fund Galois Capital Discloses 'Roughly Half' of the Firm's Capital 'Stuck on FTX' According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the hedge fund's capital is left trapped on FTX. Galois co-founder, Kevin Zhou, wrote ...
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CoinEx Looks Forward to Celebrating RLWC2021's Finalists PRESS RELEASE. As the exclusive cryptocurrency trading platform partner of the Rugby League World Cup 2021 (RLWC2021), CoinEx is looking forward to joining audiences worldwide in cheering on the players who reach the men...
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Flight Radar Report Shows FTX Co-Founder's Private Jet Flew to Argentina, SBF Says He's Still in the Bahamas According to Flightradar24's official Twitter account, the most tracked flight at 3:33 a.m. on Nov. 12, 2022, was Sam Bankman-Fried's (SBF) private jet flying from the Bahamas to Argentina. While the flight track doesn�...
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Proof-of-Reserves Concept Gains Traction as Major Crypto Exchanges Provide Wallet Lists and Promise Full Audits When it was first discovered that FTX might be insolvent, a large slew of crypto exchange executives said that they aimed to provide proof-of-reserves audits. While exchanges like Binance and Crypto.com have provided wal...
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Report Says Alameda Research 'Didn't Trade Crypto,' Speculators Think SBF's Political Connections Let FTX Fly Under the Radar On Nov. 11, 2022, FTX Trading Ltd. filed a voluntary petition for Chapter 11 bankruptcy protection in Delaware. The news followed a few days of speculation and evidence that had shown the digital currency exchange was li...
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Biggest Movers: DOGE Surges Following Elon Musk Comments on the Meme Coin Dogecoin was one of the only crypto tokens to trade higher on Saturday, as comments from Elon Musk boosted prices. Speaking in a Twitter Spaces centered around the FTX collapse, Musk was heard saying: "Doge to the moon.�...
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Bitcoin will shrug off FTX 'black swan' just like Mt. Gox -- analysis There might not be much new to worry about when it comes to the FTX aftermath and Bitcoin resilience.
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Bitcoin, Ethereum Technical Analysis: BTC Heads Lower on Saturday, as FTX Saga Continues In a week of turbulence, cryptocurrencies maintain this sentiment into the weekend, with both bitcoin and ethereum moving lower. Bitcoin once again slipped below $17,000 on Saturday, as it was reported that a hack on FTX...
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FTX Reportedly Hacked as Telegram Group Admin Comments on Possible 'Malware' Present in Apps, Irregular Fund Movements Registered Onchain Admins of the Telegram group of the FTX community stated that the platform had been hacked and all of the funds of the exchange seemed to be gone. FTX U.S. General Counsel Ryne Miller, who reportedly pinned the message i...
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LBank Announces to Publish an Auditable Merkle Tree and Proof of Reserves (POF) PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 12th, 2022 - Global crypto exchange, LBank, has recently announced that it will share its Merkle-tree proof-of-reserves, in view of recent concerns about the opaque nature of cer...
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Elon Musk Shares Thoughts on FTX Founder Sam Bankman-Fried - This Is What He Said Tesla and SpaceX CEO Elon Musk has claimed that he never trusted FTX founder and former CEO Sam Bankman-Fried. Back in March, when Musk was trying to raise funds in a bid to finance his $44 billion Twitter buyout, Bankma...
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FTX Hacked Or Inside Job as Wallets Drained? Warning Not to Use FTX App - What We Know So Far Last updated 11:46 UTC 12th November 2022 - Reports began to appear late on Friday night that FTX wallets looked like they were being drained in a series of mysterious transactions. Watchers concluded that FTX had either...
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Latam Based Crypto Exchange Bitso Launches QR Payment Service for Tourists in Argentina Bitso, one of the largest cryptocurrency exchanges in Latam, has launched a QR payments program geared towards travelers in Argentina. The service proposal seeks to ease the way in which travelers and tourists make payme...
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Brussels Set to Begin Talks on EU Crypto Tax, Report Reveals The European Commission is preparing to discuss with member states the adoption of a common tax regime for crypto assets, European officials have indicated. The talks with national treasuries are expected to start next y...
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Solana Price Prediction - SOL Is Up 60% From The Lows, Can it Reach $30 Soon? Solana price prediction is bearish; as the SOL/USD pair is unable to break above an immediate resistance level of $21.60. Since November 6, the value of the SOL token has fallen by more than 70% to $11.50. However, a bul...
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FIFA Unveils Range of New Web 3․0 Games Ahead of FIFA World Cup Qatar 2022™ PRESS RELEASE. FIFA has unveiled a portfolio of new future-focussed web 3.0 games to entertain and engage a wider group of fans ahead of FIFA World Cup Qatar 2022™. Gaming and esports are some of the fastest-growing op...
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Japanese Regulator Slaps FTX Japan With Business Suspension Order Japan’s top financial regulator, the Financial Services Agency (FSA), has issued a business suspension order to FTX Japan, the Japanese subsidiary of FTX.com. The financial watchdog has also ordered the crypto exchange...
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White House, US Senators Call for Proper Crypto Oversight The White House and members of the U.S. Senate Banking Committee have called for proper cryptocurrency regulation following the collapse of crypto exchange FTX. “Without proper oversight of cryptocurrencies, they risk ...
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LBank Labs Establishes Blockchain and Crypto Investment Fund to Support the Development of Web3 in Africa PRESS RELEASE. Internet City, Dubai, Nov. 11th, 2022 — Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa. LBank ...
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