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Cryptocurrency News

Location American Cryptocurrency News for 16 November 2022
Mark Cuban Says FTX Implosion Isn't Crypto Blowup -- Explains Why He Invests in Crypto Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, says recent blowups in the crypto space, including the FTX implosion, “have been banking blowups,” not crypto blowups. He also explained why...
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South Korean Police Probe Crypto Mining Outfit on 'Ponzi Scam' Suspicions South Korean police officers are investigating a crypto mining firm that allegedly failed to pay back its investors - after promising them monthly returns of up to 12%....
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Billionaire Charlie Munger Condemns Cryptocurrencies Following FTX Collapse, Says 'I Think It's Totally Crazy' Berkshire Hathaway's Vice Chairman Charlie Munger has long voiced his criticism of crypto, with a particular focus on bitcoin (BTC). Unsurprisingly, the ongoing market downturn and the abrupt collapse of major exchange F...
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Bitcoin miners send less BTC to exchanges since 2020 halving despite FTX FTX volatility only resulted in a brief uptick in miner sales on exchanges, with the trend already returning to normal.
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Yellen Says FTX Collapse Shows Weaknesses of Entire Crypto Sector -- Fed's Brainard Pushes for Strong Regulation U.S. Treasury Secretary Janet Yellen and Federal Reserve Vice Chair Lael Brainard have stressed the need for strong crypto regulation. Yellen said the FTX collapse shows “the weaknesses” of the entire crypto sector w...
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Terra's $2.8B Defense System -- Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based cons...
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US House Committee to Investigate and Hold Bipartisan Hearing on FTX Collapse The U.S. House Financial Services Committee is planning to investigate the FTX collapse, according to a joint press release published by the committee's chair Maxine Waters and representative Patrick McHenry. Furthermore...
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Price analysis 11/16: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, UNI, LTC The recovery in BTC and altcoins fizzled out fast, suggesting that investors continue to maintain a risk-off stance to all cryptocurrencies.
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Terraform Labs Co-Founder Daniel Shin's Firm Chai Reportedly Raided by Seoul Prosecutors Following the collapse of FTX, law enforcement officials are still dealing with the Terra blockchain fiasco. A new report claims Terraform Labs (TFL) co-founder Daniel Shin's company Chai Corporation was raided by South ...
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Best Crypto to Buy Now 16 November D2T, CHZ, TARO, ALGO, RIA Shockwaves have continued to roar across the cryptocurrency market following the demise of FTX, one of the largest cryptocurrency exchanges in the world. Investors and businesses exposed to the now-bankrupt platform have...
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FTX Latest - Crypto Prices Slip as Contagion Hits BlockFi, Genesis and Gemini, Hacker ID Known, Auditors and VCs Fail, Class Action Lawsuit Filed BlockFi, Genesis and Gemini are the latest crypto victims of FTX contagion. The Wall Street Journal reports that crypto lender BlockFi is preparing for bankruptcy while today Genesis announced that it was halting redempt...
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Tom Brady, Gisele Bündchen, Kevin O'Leary, and 9 Other Celebrities Named in FTX-Related Class-Action Lawsuit Former FTX CEO Sam Bankman-Fried (SBF) and a number of celebrities including Tom Brady, Gisele Bündchen, Stephen Curry, and Shaquille O'Neal have been named in a class-action lawsuit involving the alleged engagement in ...
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MasterCard, Citigroup and Other Global Banking Giants Start Digital Dollar Pilot With New York Federal Reserve Global financial services giants such as MasterCard, Citigroup, and others are joining hands with the Federal Reserve Bank of New York to start a 12-week-long pilot for a digital dollar system. The pilot dubbed the "regu...
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Hottest Presale of 2022: Eco Friendly Crypto Firm IMPT is Raising Funds in Presale - Microsoft and Lego Join as Affiliate Partners The recent volatility in the markets has been difficult for traders and investors who aren't focused on the longer term. In particular, the prices of FTT and SOL have taken the largest battering, as the insolvency of SBF...
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Bitcoin price dips to $16.4K over Genesis woes as execs defend GBTC The latest casualty of the FTX meltdown raises concerns over the Grayscale Bitcoin Trust institutional investment fund.
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Biggest Movers: BCH Climbs to 1-Week High, DOT Declines Bitcoin cash rose to a one-week high in today’s session, despite crypto markets mostly trading lower. The global cryptocurrency market cap is down by 2.45% as of writing, which comes as traders reacted to rising geopol...
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News Summary: SBF May be Brought to US for Questioning, FTX Australia's Financial License Suspended, FTX Bahama-based Subsidiary Files for Bankruptcy 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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Report: Genesis Global Trading's Lending Unit Suspends Withdrawals and New Loan Originations Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading's lending unit has halted customer withdrawals. Genesis' interim chief executive officer Derar Islim sa...
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Matt McGuire, CTO of Caduceus, on Metaverse Development, Caduceus and the Current Crypto Landscape | Ep. 176 In an exclusive interview with cryptonews.com, Matt McGuire, CTO of Caduceus, talks about the future of metaverse development, the current crypto landscape, and the importance of being RVM compatible. ...
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Value Locked in Defi at Its Lowest Point Since March 2021, Smart Contract Tokens Shed $22 Billion in 36 Days Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in existence lost more ...
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Bitcoin, Ethereum Technical Analysis: ETH Lower, as Markets React to Missile Exploding in Poland Ethereum moved into the red on Nov. 16, as markets became nervous, following a missile accidentally exploding in Poland. Fears grew of potential escalation in the war between Russia and Ukraine, as the missile hit Poland...
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Bitcoin Price Prediction as Ukraine Conflict Escalation Fears Send Prices Lower - Time to Buy the Dip? A few hours ago, Bitcoin attempted to break the $17,000 barrier but was stopped by the release of UK inflation figures. Most alternative cryptocurrencies are also slightly down today. SBF, the former CEO of FTX, has been...
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