How much money does FTX have now?
The company hold $1.5 billion in cash, in addition to the $1.1 billion they had on hand as of November 11th.
Crypto Millionaires: How Many Are There in the World?
The digital community is always curious about the number of uber-rich crypto whales. Delving into others’ financials is inherent to human nature. However, the issue with crypto millionaires is even more intriguing: they’re often accused of having the power to manipulate the market, which can affect the portfolios of average investors.
Algorand Ex-CEO to Lead the Acquisition of Celsius
The new company’s board of directors is set to feature executives with diverse backgrounds, including individuals from WeWork, Lehman Brothers, and notable figures from the Bitcoin mining sector.
Sam Bankman-Fried Seeks Enhanced Prison Internet
Sam Bankman-Fried’s legal team has filed a request for a pre-trial release, citing the inadequate internet connectivity in the federal jail.
A Bitcoin Investor’s Lawsuit Might Bankrupt a City
James Howells, a crypto investor, has been on a decade-long quest to retrieve a hard drive, mistakenly discarded in a 2013 office cleanup, that contains 8000 BTC.
The Federal Reserve’s Interest Rate Debate: Stability or Hike?
Divisions are emerging among US Federal Reserve officials over where interest rates should head next, according to a recent WSJ piece.
$500,000 in Fees for Just One Transaction!
A user, while transferring 0.074 BTC, inadvertently paid a staggering fee of 19.82 BTC, equivalent to $512,000. This sets a new record for the highest transaction fee in dollar terms.
Brian Armstrong’s Take on Flatcoins: The Stablecoin Evolution?
A recent Yahoo Finance interview featured Brian Armstrong, Coinbase’s CEO, discussing the potential evolution of stablecoins into “flatcoins”.
Coinbase Raises USDC Rewards to 5%
Despite its ongoing confrontation with the SEC, Coinbase has decided to raise the annual interest rate for USDC held on its platform to 5%.
Metaverse’s Future is Questionable, But Why Not Tax It?
If in doubt – just tax. That’s the approach promoted by some academics with regard to the metaverse.
Security alert: PEPE’s Telegram accounts hacked
Both the official PEPE Telegram channel and its lordkeklol account have experienced security breaches.The project’s developers are cautioning users against engaging with these accounts and suggest reporting any scam attempts.
The first AI-driven order type on Nasdaq
This innovative order type utilizes real-time reinforcement learning AI to execute trades.
SEC seeks court approval to appeal Ripple ruling
The agency asserted that complex legal issues, particularly related to the Howey Test’s application by the court, justify a thorough review.
CFTC Commissioner Challenges DeFi Regulation Approach
A CFTC Commissioner, Summer Mersinger, has voiced dissent over the agency’s approach to DeFi regulation. She argues that the current enforcement actions could stifle innovation in the decentralized finance sector.
Will the US Federal Reserve Cease to Hike the Interest Rate?
The present interest rate might be enough to achieve a 2% inflation rate without a recession, as per the Chicago Federal Reserve’s perspective.
Ripple’s сollaboration with Palau: a temporary endeavor?
Jay Hunter Anson, overseeing Digital Residency in Palau, has clarified the ongoing dynamics between Ripple Labs Inc and his nation.
Anthropic Unveils the Claude Pro Subscription
AI safety and research company Anthropic has rolled out the Claude Pro subscription plan at $20 per month, enhancing the capabilities of the Claude chatbot.
Mirror Trading International Ordered to Pay $1.7 Billion
The CFTC has reported that the South African firm, Mirror Trading International (MTI), must compensate victims of its crypto fraud with $1.7 billion.
Thodex Founder Sentenced to 11,196 Years in Prison
Once a leading crypto exchange in Turkey, Thodex abruptly ceased operations in April 2021, with its founder vanishing shortly after.
DeFi Titans Join Forces in New Coalition
Aave, Centrifuge, Circle, Coinbase, Base, Credix, Goldfinch, and RWA.xyz have come together to establish the Tokenized Asset Coalition.
JPMorgan Explores Blockchain-Based Digital Payment System
Much of the project’s infrastructure has been completed, but progress is contingent on receiving regulatory approval from U.S. authorities.
Twelve years since the NYT’s doubtful view on bitcoin
In a New York Times piece 12 years ago, economist Paul Krugman criticized Bitcoin, equating it with a private gold standard. He was of the opinion that its fluctuating prices wouldn’t let people amass wealth.
Taiwan ramps up crypto regulation
In a move to strengthen its regulatory stance, Taiwan is preparing to release operational standards for cryptocurrency entities.
SHIB, Pepe, and Doge – What’s New?
The trio of most famous memecoins is alive and kicking – only some more and some, admittedly, less.
Youth Education: Free Courses by WhiteBIT and Cryptology!
While crypto prices may fluctuate, venturing into this realm can seem a costly endeavor for the youth. However, new courses from the online school Cryptology and the globally renowned WhiteBIT exchange now offer free access to the digital economy! All you need is enthusiasm and awareness of our rapidly digitizing world.
The Man Who Forgot $240M: A Bitcoin Tragedy for the Ages
This is perhaps the most iconic crypto loss story of all time. In 2011, Stefan Thomas received 7,002 BTC for making a video. Today, that stash is worth $240 million. But he forgot the password. An entire fortune locked away forever.
Zora Network Reviewed: A Testnet Guide
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.
