Crypto Capital Reset Underway Following Final Flushout: Glassnode
A major capital reset is underway, according to on-chain analytics provider Glassnode. In its “week on-chain” report on Dec. 5, the firm said the FTX collapse caused “one of the…
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Maxine Waters Is Not Playing With SBF. Says It Is Imperative That He Attends Their Hearing
Following the controversial interview between Sam Bankman-Fried and journalist Andrew Ross Sorkin at the New York Times DealBook Summit, SBF received a cordial invitation on December 13 from Congresswoman Waters…
CryptoCom and Coca Cola Launch NFT Collection Inspired by the FIFA World Cup Qatar 2022
Coca-Cola and Crypto.com have teamed up to launch an NFT collection inspired by the Qatar 2022 FIFA World Cup. The collection, created in collaboration with digital artist GMUNK, is based…
Standard Chartered Analyst Explains Why BTC Will Suffer Even More in 2023 (Report)
Eric Robertsen – Global Head of Research at Standard Chartered – thinks bitcoin could tumble to $5,000 next year as more cryptocurrency firms might experience liquidity issues. He believes 2023…
Nexo is Leaving the United States Due to Regulatory Difficulties
Burdened by regulatory pressures, crypto lending firm Nexo has given up on continuing to operate within the United States. The company announced on Monday that it would begin phasing out…
Troubled Crypto Firm Genesis Owes Gemini’s Customers $900 Million (Report)
The cryptocurrency brokerage platform – Genesis – and its parent company Digital Currency Group (DCG), reportedly owe customers of Gemini approximately $900 million. Genesis has been coping with severe issues…
Ten Years Later: Here’s What Vitalik Thinks Blockchain is Good For (and What it’s Not)
Ethereum co-founder Vitalik Buterin published a blog post on Monday reviewing the development of various blockchain use-cases over the past several years. With years of experimentation now behind the ecosystem,…
Orthogonal Trading is “Effectively Insolvent,” According to Maple Finance
Blockchain-based capital marketplace Maple Finance has cut ties with digital asset hedge fund Orthogonal Trading on allegations that the latter misrepresented its financial statements. Maple said assets within the Orthogonal…
El Salvador President Lashes Out on Mainstream Media Over Bitcoin Attacks
El Salvador became the first country in the world to adopt Bitcoin as a legal tender. Fast forward to this year, the crisis worsened in the already battered crypto industry.…
Many More Crypto Firms to Suffer FTX’s Fate, Predicts Palantir Co-Founder
Joe Lonsdale – Co-Founder of the software company Palantir Technologies – thinks multiple cryptocurrency companies will go bankrupt in the future since most function like Ponzi schemes. However, he believes…
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