Biggest Crypto Gainers Today – January 5
Though the new year has started, the crypto market hasn’t stopped from giving its traders mixed signals. Yesterday, the market was in green signals, with Go to Source
FTX customers want more info on FTX’s plans to sell subsidiaries
While the Ad Hoc Committee does not want to prevent the sales from occurring, it argued it needs to be involved to ensure that customers’ interests are represented. A group…
Wash trading will cause crypto’s next implosion: Mark Cuban
The majority of centralized exchange volume is fake, according to the billionaire investor and Dallas Mavericks owner. Crypto token wash trading on centralized exchanges will be the cause of the…
Why isn’t there a VR client yet for Decentraland or The Sandbox?
“VR has always been part of Decentraland’s vision,” a developer working on the platform’s VR client told Cointelegraph. The metaverse and virtual reality (VR) go hand in hand in the…
Silvergate sold assets at loss and cut staff to cover $8.1B in withdrawals: Report
Silvergate has reportedly laid off 200 members of its staff, which is around 40% of its total number of employees. The FTX debacle has triggered a bank run on Silvergate,…
ADA Price Prediction – What Does 2023 Hold For Cardano?
ADA Price prediction is bullish, with the cryptocurrency heading north to $0.2700 and breaking above the 38.2% Fibonacci retracement level. Cardano (ADA) coin has been Go to Source
US Government Seizes Robinhood Shares Linked to FTX Founder Sam Bankman-Fried
The U.S. Department of Justice (DOJ) is in the process of seizing Robinhood shares, worth about $460 million, that are linked to former FTX CEO Sam Bankman-Fried (SBF). “We believe…
SEC Intervenes in Binance US Acquisition of Bankrupt Crypto Lender Voyager Digital’s Assets
The U.S. Securities and Exchange Commission (SEC) has intervened in the asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital. The securities regulator explained that it is…
Report: Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market
Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company Candy Digital, according to reports. The company is selling its…
French central bank governor pushes for crypto licensing ahead of EU laws
The Bank of France’s head said turmoil in the crypto markets proves the need to move to a mandatory licensing scheme for crypto firms “as soon as possible.” Francois Villeroy…
Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT ‘fraud’
The developer of a Mutant Ape Yacht Club knock-off collection has allegedly “defrauded” investors of $2.9 million and admitted to a rug pull. The developer of a Mutant Ape Yacht…
US senator behind efforts to pass major crypto bill won’t seek re-election
Senator Debbie Stabenow was one of the lawmakers behind introducing the Digital Commodities Consumer Protection Act in August. Michigan Senator Debbie Stabenow, chair of the United States Senate Agriculture Committee,…
What is institutional DeFi, and how can banks benefit?
Institutional DeFi could be a new paradigm that banks can leverage for product innovation, new pricing models and operational efficiencies. Financial services institutions and banks have increasingly engaged with Web3…
Asia Express: China’s NFT market, Moutai metaverse popular but buggy…
In a joint effort between the state-owned Chinese Technology Exchange, the state-owned Art Exhibitions China and the corporation Huban Digital Copyrights Ltd, Chinas first national NFT marketplace is scheduled to…
US authorities are turning their attention to FTX’s Nishad Singh: Report
FTX’s bankruptcy filings show a $543 million loan to former engineering director Nishad Singh, who was reportedly a part of the secret ‘wirefraud’ chat group. The United States Securities and…