Breaking: Crypto lender Genesis Global halts withdrawals
The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust. According to a new tweet by Genesis Global on Nov. 16, the institutional crypto lender…
Abu Dhabi grants Binance financial services permission, economist hits out
UAE’s capital city of Abu Dhabi has granted Binance permission to offer financial services, the latest in a series of regulatory approvals for the exchange in the Middle East. Abu…
How are ‘lite’ versions of crypto apps helping adoption?
Crypto exchanges use technology and basic design principles to attract a new wave of users into the crypto ecosystem. Companies become industry giants when they provide the best user experience…
zkSync developer Matter Labs raises $200M, commits to open-sourcing platform
Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain. Matter Labs, the developer behind the Ethereum Virtual Machine (EVM)-compatible zkSync, has…
Polkadot Price Prediction for Today, 16 November: DOT May Commence Bullish Movement
There is an increase in bullish momentum in Polkadot market DOTUSD Price Analysis – 16 November Should bears’ pressure increase, Polkadot will equally decrease and Go to Source
BNB Price Prediction – BNB Is Just Below $275. Is $280 Coming Back Today?
The crypto market has been dealing with a lot lately with the untimely collapse of FTX, one of the largest crypto exchanges. This came as Go to Source
UAE regulator adopts blockchain to speed up commercial judgments
ADGM Courts aims to “massively transform the delivery of judicial services,” said CEO Linda Fitz-Alan while introducing blockchain technology for commercial courts. A judicial authority established by the United Arab…
Tim Draper still positive on $250K Bitcoin price prediction in 2023
The collapse of FTX crypto exchange has nothing to do with the success of Bitcoin because BTC is decentralized and FTX was not, Tim Draper said. Billionaire venture capitalist and…
US national crypto laws should look like New York’s, says state regulator
The superintendent of the New York Department of Financial Services highlighted her state’s stringent standards as the blueprint for federal legislation. The superintendent of the New York Department of Financial…
FDIC to prioritize crypto risk assessment as banks perform poorly in Q2
With banks reporting $470 billion in unrealized losses and FDIC foreseeing the continuation of this trend, acting chairman Gruenberg believed banks must cautiously engage in crypto-asset activities. Economic uncertainty amid…
FTX Price Prediction Today, November 16, 2022: FTT/USD Attracting Minimal Offers Near Support at 1.1237
Very recently FTX price Fell through multiple support levels to near 1.1237. On reaching this support, it appears some buying activities as resumed, and this Go to Source
FTX Collapse: African Crypto Industry Leaders’ Perspective and Advice to Regulators
The collapse of FTX and subsequent calls for tougher regulation by the likes of U.S. Senator Elizabeth Warren have increased the likelihood of regulators adopting even stricter crypto laws. In…
Cryptopunks Climb Past Bored Ape NFT Floor Values Amid Crypto Market Carnage
During the last five days, non-fungible tokens (NFTs) stemming from the Cryptopunks NFT collection have surpassed Bored Ape Yacht Club (BAYC) NFTs in terms of floor value. Statistics over the…
Ukraine’s Deputy Digital Minister Rejects ‘FTX-Democrats Narrative’
Claims that Ukraine has invested military aid into the bankrupt crypto exchange FTX have been rebutted by a representative of the Ukrainian government. Speculation circulated on social media suggested such…
US Lawmaker Urges SEC to ‘Take Decisive Action’ to Regulate Crypto Industry — Plans to Examine Options for Federal Legislation
U.S. Congressman Brad Sherman has called on the Securities and Exchange Commission (SEC) to “take decisive action to put an end to the regulatory gray area in which the crypto…