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  • Crypto Exchange Kraken Settles With Treasury Department Over Sanctions Violations
    by Kevin Helms on November 30, 2022 at 7:00 am

    Crypto exchange Kraken has settled with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) over its apparent violations of sanctions against Iran. The cryptocurrency exchange has agreed to remit $362,159 to settle its potential civil liability and invest an additional […]

  • CrossTower Taps into Prime Brokerage with New Acquisition, BEQUANT
    by Arnab Shome on November 30, 2022 at 6:35 am

    <p>CrossTower, a New York-based <a href="https://www.financemagnates.com/terms/c/cryptocurrency-exchange/" target="_blank" id="601e2e5f-0c28-4253-9ad4-5e6b251ba2fa_1" class="terms__main-term">cryptocurrency exchange</a>, has agreed to acquire BEQUANT, a prime brokerage and digital […]

  • Blockchain-based supply chain platform canned by IBM and Maersk
    by Brayden Lindrea on November 30, 2022 at 5:57 am

    Although the TradeLens platform will officially go offline in Q1 2023, Maersk said it's not given up its effort to digitize the supply chain industry. United States technology company IBM and Danish logistics firm Maersk have decided to discontinue their co-developed […]

  • Bankruptcy court told FTX and Alameda owe BlockFi $1B... but it's complicated
    by Luke Huigsloot on November 30, 2022 at 5:48 am

    While BlockFi has attempted to separate itself from FTX and Alameda in its bankruptcy proceedings, it has many financial ties to firms owned by SBF. A lawyer for BlockFi told the first day hearing of its bankruptcy proceedings that the crypto lender has $355 million stuck on FTX […]

  • XRP Price Prediction: Smashing This Resistance Might Trigger Rally
    by Aayush Jindal on November 30, 2022 at 5:47 am

    Ripple is showing positive signs above the $0.365 support against the US Dollar. XRP price seems to be eyeing a fresh rally towards the $0.48 level. Ripple is slowly moving higher and trading above $0.35 against the US dollar. The price is now trading above $0.380 and the 100 simple moving average […]

  • Bankman-Fried on the hook in Texas, called to appear at Feb. hearing
    by Felix Ng on November 30, 2022 at 5:26 am

    The Texas Securities Board has asked the judge to consider leveling a cease-and-desist order, administrative fines, and forced refunds against SBF and FTX US. Former FTX CEO Sam Bankman-Fried has been called to a Feb. 2 hearing by the Texan securities regulator as part of an […]

  • Solana Asset Volatility Balloons To 260% As ROI Nosedives – Here’s Why
    by Christian Encila on November 30, 2022 at 5:26 am

    The Solana ecosphere, unsurprisingly, is also suffering as a result of the current market contagion. SOL fell to its lowest performance in recent weeks. CoinGecko reports that its native token SOL has dropped in value by 58.3 percent over the course of a month. Here’s a quick glance at how the […]

  • Kraken Daily Market Report for November 29 2022
    by krakenfx on November 30, 2022 at 5:15 am

    Overview Daily spot trading volume: $1.04 billion, 30 day average spot: $798.8 million. Total futures notional: $70.4 million. The top five traded coins were, respectively, Tether (↑0.02%), USD Coin (↓0.01%), Bitcoin (↑1.0%), Ethereum (↑4.2%), and Dogecoin (↑6.9%). Strong returns from […]

  • Metaverse exploitation and abuse to rise in 2023: Kaspersky
    by Martin Young on November 30, 2022 at 5:08 am

    Cybercriminals will flock to the Metaverse next year to prey on unsuspecting virtual world participants according to a report by cybersecurity firm Kaspersky. Malware, ransomware attacks and phishing are not the only scourges of the crypto industry as the Metaverse could become […]

  • Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout
    by Aayush Jindal on November 30, 2022 at 5:00 am

    Ethereum managed to clear the $1,230 resistance zone against the US Dollar. ETH tested $1,280 and seems to be forming a strong support near $1,230. Ethereum gained bullish momentum and cleared the $1,230 resistance zone. The price is now trading above $1,230 and the 100 hourly simple moving […]

  • RBI Begins First Retail Digital Rupee Pilot in 13 Indian Cities With 8 Banks
    by Kevin Helms on November 30, 2022 at 5:00 am

    India’s central bank, the Reserve Bank of India (RBI), is launching its first retail digital rupee pilot on Dec. 1 with the participation of eight banks. The pilot will start in four cities and then expand to cover nine more cities across India. RBI Picks 8 Banks, 13 Cities to Test Retail Digital […]

  • Digital assets could add $40B a year to Aussie GDP: Tech Council report
    by Luke Huigsloot on November 30, 2022 at 3:21 am

    A clear principles-based regulatory approach to the digital assets sector could be a huge benefit to the Australian economy according to the report. Up to $40 billion a year (AU$60 billion), could be added to Australia's national GDP with the right regulatory framework and could […]

  • Bitcoin Price Regains Traction, BTC Seems Primed for More Upsides
    by Aayush Jindal on November 30, 2022 at 3:10 am

    Bitcoin price gained bullish momentum above the $16,500 resistance. BTC could rise further if there is a close above the $17,000 resistance. Bitcoin started a decent increase above the $16,500 and $16,650 resistance levels. The price is trading above $16,500 and the 100 hourly simple moving […]

  • SEC Strategic Plan: Crypto Initiatives Among Top Priorities Over Next 4 Years
    by Kevin Helms on November 30, 2022 at 3:00 am

    The U.S. Securities and Exchange Commission (SEC) has revealed some initiatives involving crypto assets in its Strategic Plan for the fiscal years 2022-2026. The initiatives are intended to address the SEC’s top priorities over the next four years. SEC’s Strategic Plan for FY 2022-26 The U.S. […]

  • CrossTower to acquire institutional prime brokerage BEQUANT
    by Brayden Lindrea on November 30, 2022 at 2:45 am

    It comes after months of window shopping by CrossTower as crypto companies are still looking to expand despite the crypto market downturn. Cryptocurrency exchange CrossTower Inc has agreed to buy digital asset trading platform BEQUANT, which comes after months of window shopping […]

  • Fear of 'angry people' drove Bankman-Fried to open withdrawals for Bahamians
    by Felix Ng on November 30, 2022 at 1:39 am

    The former FTX CEO has explained why the exchange only reopened withdrawals for Bahamian citizens shortly before filing for bankruptcy. FTX’s former CEO Sam Bankman-Fried has divulged what really went on in the days before it filed for bankruptcy when the exchange selectively […]

  • Elon Musk Says Apple Has Threatened to Withhold Twitter From App Store as Battle for Free Speech Escalates
    by Kevin Helms on November 30, 2022 at 1:00 am

    Tech giant Apple has threatened to withhold Twitter from its app store, according to Tesla CEO and Twitter chief Elon Musk. The billionaire added: “This is a battle for the future of civilization. If free speech is lost even in America, tyranny is all that lies ahead.” Apple’s Threat to Musk […]

  • Polkadot Reflects Accumulation – How Long Will It Trade Sideways?
    by anushsamal on November 29, 2022 at 11:00 pm

    Polkadot price seems to be returning on its feet, courtesy of recent developments. DOT’s network released its newest update, highlighting some core developments that could pave a path for its foundational roadmap for 2023. Polkadot has plans to delve deeper into smart contract development through […]

  • Veteran Investor Mark Mobius Expects Bitcoin Price to Fall to $10,000
    by Kevin Helms on November 29, 2022 at 11:00 pm

    Veteran investor Mark Mobius, the founder of Mobius Capital, expects the price of bitcoin to fall to $10,000. Nonetheless, he said: “Crypto is here to stay as there are several investors who still have faith in it.” Mark Mobius’ Bitcoin Price Prediction The founder of Mobius Capital Partners, […]

  • Learn from FTX and stop investing in speculation
    by Joseph Bradley on November 29, 2022 at 10:54 pm

    Speculative investing led people to FTX. Now that we’ve seen the consequences, let’s hope they start looking for value-based propositions. The FTX collapse marks more than just the failure of another crypto exchange. It signals the time has come for the industry to grow up […]

  • ‘I never opened the code for FTX’: SBF has long, candid talk with vlogger
    by Derek Andersen on November 29, 2022 at 10:03 pm

    The disgraced former head of the world’s second-largest cryptocurrency exchange tells his side of the story in candid but occasionally inarticulate interviews. Former FTX head Sam Bankman-Fried (SBF) selected cryptocurrency vlogger Tiffany Fong for a series of lengthy and […]

  • BNB Leads Gains Among Top Cryptos: Will Binance Coin Continue To Roar?
    by Alyz on November 29, 2022 at 10:00 pm

    BNB is currently trading at $300.082 with a 24-hour trading volume of $1,059,515,334. Despite the general market slump, the coin has been one of the top performers. It currently ranks at the number four position on CoinMarketCap.  The coin has a 24-hour low of 289.76 and a 24-hour high of $304.82. […]

  • The creator of the FTSE100 launches indices for crypto
    by Tom Blackstone on November 29, 2022 at 9:55 pm

    The constituent coins that make up the indices have not yet been released, but it does include performance data for the first three quarters of 2022. FTSE Russell, creator of the FTSE100 stock index, has released a series of indices whose constituents are digital assets, […]

  • US lawmaker questions major crypto exchanges on consumer protection amid FTX collapse
    by Turner Wright on November 29, 2022 at 9:45 pm

    Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin were targets of one senator's probe into protections the firms had in place if a failure similar to FTX's occurred again. Ron Wyden, chair for the United States Senate Finance Committee, has requested information from six […]

  • Libertex crypto exchange head Vyacheslav Taran dies in helicopter crash in France
    by Derek Andersen on November 29, 2022 at 9:30 pm

    Taran’s death is the third to shake the crypto world in recent weeks, following Amber Group’s Tiantian Kullander and MakerDao’s Nikolai Mushegian. Russian billionaire Vyacheslav Taran, president of Libertex Group and founder of Forex Club, died Nov. 25 in a helicopter […]

  • Crypto Exchange Bitfront Shuts Down Amid Industry Challenges
    by Lubomir Tassev on November 29, 2022 at 9:00 pm

    Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated to the collapse of FTX. Line-Supported Digital […]

  • FTX hacker reportedly transfers a portion of stolen funds to OKX after using Bitcoin mixer
    by Judith BannermanQuist on November 29, 2022 at 8:45 pm

    On-chain activity suggests that the hacker has sent at least 225 BTC (4.5 million) to OKX so far. Hackers who drained FTX and FTX USA of over $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11, continue to move assets […]

  • Bitcoin On Exchanges Keeps Sliding, 1 Million BTC Pulled From These Platforms
    by Reynaldo Marquez on November 29, 2022 at 8:16 pm

    Bitcoin is trending sideways in its current range, the cryptocurrency managed to prevent a fresh assault from the bears, but uncertainty remains strong in the market. This status quo supports the price action, and it could operate as the dominant trend for the remaining of the year.  Related […]

  • Ukraine-based blockchain firm blasts 'fake news' for crypto donation rumors amid FTX collapse
    by Turner Wright on November 29, 2022 at 8:15 pm

    Sergey Vasylchuk, the CEO of Everstake, said individuals behind Russian propaganda used the fall of FTX "to spin yet another tale about money laundering." A blockchain firm that partnered with the Ukrainian government to launch a donation website amid the country’s war with […]

  • What’s Next As Algorand Price Remains Congested
    by anushsamal on November 29, 2022 at 7:52 pm

    Algorand price continues to pack negative price action throughout the month of November. The altcoin has depreciated by more than 40% since the beginning of this month. Over the last 24 hours, ALGO has just risen by 0.6% on its chart, emphasizing continued lateral price movement. Currently, the […]

  • Ethereum derivatives look bearish, but traders believe the ETH bottom is in
    by Marcel Pechman on November 29, 2022 at 7:37 pm

    Expectations of stringent regulation and further contagion from FTX continue to weigh on ETH price, but derivatives are showing a modest improvement in sentiment. Ether (ETH) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when […]

  • Serum exchange rendered 'defunct' following the collapse of Alameda and FTX
    by Judith BannermanQuist on November 29, 2022 at 7:25 pm

    The project shared that “a community-wide effort to fork Serum is going strong,” however. Solana-based decentralized exchange (DEX) Project Serum has notified its community that the collapse of its backers — Alameda and FTX — has rendered it “defunct”. The team […]

  • The World’s Largest NFT Marketplace Opensea Adds BNB Blockchain Support
    by Jamie Redman on November 29, 2022 at 7:00 pm

    On Tuesday, the world’s largest non-fungible token (NFT) marketplace in terms of overall NFT sales volume, Opensea, announced that BNB blockchain-based NFTs will be supported on the marketplace platform. With BNB blockchain support, Opensea users will be able to purchase and list BNB NFT assets. […]

  • This simple Bitcoin options strategy allows traders to go long with limited downside risk
    by Marcel Pechman on November 29, 2022 at 6:05 pm

    Bullish on Bitcoin but afraid of futures liquidation? Here is how pro traders use options to cast safer bets. Bitcoin (BTC) bulls were hopeful that the Nov. 21 dip to $15,500 would mark the cycle bottom, but BTC has not been able to produce a daily close above $17,600 for the […]

  • Celo Sees 20% Gains In Last Week As The Broader Crypto Market Retreats
    by Alyz on November 29, 2022 at 6:00 pm

    CELO’s price is currently at $0.6101, with a trading volume of $44,775,558. It is currently ranked number 97 on CoinMarketCap. The trading volume has decreased by over 73% in the last 24 hours. CELO shocked many market observers with a 33.51% price jump on Sunday and had a trading volume of […]

  • OpenSea’s Seaport Protocol onboards creators and NFT holders on BNB Chain
    by Arijit Sarkar on November 29, 2022 at 5:30 pm

    BNB Chain’s integration into the Seaport Protocol aims to provide BNB Chain creators with multiple creator payouts, real-time payouts and collection management. Crypto collectibles and nonfungible token (NFT) marketplace OpenSea has announced plans to integrate BNB Chain on […]

  • BlockFi Sues Sam Bankman-Fried over Robinhood Stock Collaterals
    by Arnab Shome on November 29, 2022 at 5:05 pm

    <p>BlockFi, which filed for <a href="https://www.financemagnates.com/cryptocurrency/crypto-lender-blockfi-files-for-bankrupty-protection-in-the-us/" target="_blank" rel="follow">bankruptcy protection</a> on Monday, is taking Sam Bankman-Fried’s Emergent Fidelity Technologies to […]

  • Report: NFT Firm Candy Digital Cuts Over a Third of the Company’s Staff
    by Jamie Redman on November 29, 2022 at 5:00 pm

    With non-fungible token (NFT) sales a lot lower than they were at the start of the year, NFT companies and marketplaces are feeling the pain associated with the second-largest crypto winter to date. According to a report published on Monday and “multiple people familiar with the situation,” the […]

  • $16K Bitcoin dropping to $12K–$14K — Can this really happen? Watch The Market Report
    by Cointelegraph on November 29, 2022 at 5:00 pm

    On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss if Bitcoin can actually drop all the way down to $12,000 or $14,000 and how the markets could potentially react. On this week’s The Market Report show, Cointelegraph’s resident experts […]

  • Sam Bankman-Fried gives first-ever audio interview since FTX collapse
    by Paul L. on November 29, 2022 at 4:55 pm

    Following the collapse of the FTX crypto exchange, former CEO Sam Bankman-Fried (SBF) has been interviewed for the first time, … Continued The post Sam Bankman-Fried gives first-ever audio interview since FTX collapse appeared first on Finbold.

  • Coinbase Wallet will stop supporting BCH, ETC, XLM and XRP, citing 'low usage'
    by Turner Wright on November 29, 2022 at 4:44 pm

    The crypto wallet plans to stop support for the four tokens on Dec. 5, but any remaining funds will still be tied to users' existing addresses. Coinbase Wallet will no longer support four major tokens as of Dec. 5.In a Nov. 29 notice on its help pages, Coinbase said the wallet […]

  • Biggest Movers: LINK Hits 20-Day High, DOGE Rebounds From Monday’s Losses
    by Eliman Dambell on November 29, 2022 at 4:30 pm

    Chainlink raced to a 20-day high on Nov. 29, as the token surged for a second straight day. Cryptocurrency markets were mostly higher in today’s session, following a sluggish start to the week. Dogecoin was another notable gainer on Tuesday, as the meme coin rebounded from yesterday’s losses. […]

  • FTX fiasco boosts Bitcoin ownership to new highs: Analysts weigh in
    by Joseph Hall on November 29, 2022 at 4:30 pm

    Data analytics firm Glassnode, hardware provider Trezor and Bitcoin exchange Relai observe an uptick in Bitcoin self-custody. The bear market has inspired the little guy to accumulate vast amounts of Bitcoin (BTC). The number of wallets holding 1 BTC or more recently hit new […]

  • EIB settles €100 million digital bond on private blockchain
    by Zhiyuan Sun on November 29, 2022 at 3:45 pm

    "Unlike some cryptocurrencies using blockchain technology, the EIB's blockchain bond issues do not lead to extensive energy use," the bank wrote. According to a new press release on Nov. 29, the European Investment Bank, or EIB, issued a first-ever euro-denominated €100 […]

  • Bitcoin capitulation 4th-worst ever as BTC hodlers lose $10B in a week
    by William Suberg on November 29, 2022 at 3:42 pm

    Bitcoin hodlers lost big after FTX, on-chain data confirms, with BTC since becoming a major target for buy-the-dip opportunists. Bitcoin (BTC) hodlers have capitulated more than at almost any point in Bitcoin’s history this month.Data from on-chain analytics firm Glassnode […]

  • Europe’s Electric vehicle 2022 sales grow in Q3 despite economic challenges
    by Justinas Baltrusaitis on November 29, 2022 at 3:08 pm

    The European electric vehicle (EV) market has recorded significant growth in recent years, powered by sustained demand and support from … Continued The post Europe’s Electric vehicle 2022 sales grow in Q3 despite economic challenges appeared first on Finbold.

  • NFT Sales Jumped 22% Higher This Month With $568 Million in NFTs Sold Across 20 Blockchains
    by Jamie Redman on November 29, 2022 at 3:00 pm

    Non-fungible token (NFT) sales have shown improvement during the last month as 30-day statistics show NFT sales are up 22.37% higher than the month prior. During the last seven days, NFT sales are up 5.13% higher than the week before. Additionally, over the last two days, the floor value of Bored […]

  • Not The 2018 Bear Market, Bitcoin Price Could Hit $20,000 In December
    by Reynaldo Marquez on November 29, 2022 at 2:59 pm

    The Bitcoin price rebounded off the low of its current range and retraced its weekend losses. The cryptocurrency might climb back to the previously lost territory, but uncertainty is king in the current market conditions.  Related Reading: Fantom (FTM) Up 10% After Cronje Article – Is $0.31 […]

  • South Korea’s unique and amazing crypto universe
    by Andrew Fenton on November 29, 2022 at 2:45 pm

    Maybe its the language barrier, or the walls authorities have set up to prevent money from leaving the country. But whatever it is, South Korea has built its own unique corner of the cryptoverse thats unlike anywhere else on the planet.Doo Wan Nam, a MakerDAO delegate who co-founded the research […]

  • Key XRP price level to break ahead of SEC v. Ripple summary judgment
    by Ana Nicenko on November 29, 2022 at 2:38 pm

    Amid the market-wide difficulties for the cryptocurrency industry, XRP is looking at a glint of hope as it awaits the … Continued The post Key XRP price level to break ahead of SEC v. Ripple summary judgment appeared first on Finbold.

  • EdTech professionals launch Metaverse Education Alliance to support Web3 builders
    by Jordan Major on November 29, 2022 at 2:31 pm

    As more blockchain developers try their hands at building in the virtual world, there has been an uptick in the … Continued The post EdTech professionals launch Metaverse Education Alliance to support Web3 builders appeared first on Finbold.

  • How stable are stablecoins in the FTX crypto market contagion?
    by Andrew Singer on November 29, 2022 at 2:23 pm

    The collapse of crypto-exchange FTX hit the crypto world like a tropical storm. It bears asking once again: How stable are stablecoins? If early November’s FTX collapse was crypto’s “Lehman moment” — as more than a few pundits have suggested — will the FTX […]

  • Self-custody best practices
    by KrakenFX on November 29, 2022 at 1:23 pm

    Self-custody in crypto is the process of storing your own cryptocurrency using a digital or physical wallet, thereby removing it completely from any exchange or custodial partner. A self-custody wallet, also known as a non-custodial wallet, ensures that you and only you have access to… The post […]

  • Dominica Works with Huobi to Issue National Crypto Token
    by Damian Chmiel on November 29, 2022 at 12:58 pm

    <p> The Commonwealth of Dominica, a small island country in the Caribbean, is working on issuing its own national cryptocurrencies, Dominica Coin (DMC), and Digital Identity (DID). The newly created DMC Labs will work on the project's implementation with the <a […]

  • Chainlink eyes 25% rally ahead of LINK staking launch in December
    by Yashu Gola on November 29, 2022 at 12:31 pm

    LINK’s price could rally on speculations over Chainlink’s oracle services growth coupled with a supportive technical pattern. Chainlink (LINK) looks poised for a 25% price rally in the days leading up to its staking protocol launch, based on several fundamental and technical […]

  • Fantom token records double-digit gains; Why is FTM price rising?
    by Ana Nicenko on November 29, 2022 at 12:19 pm

    Despite the continuous struggle of the cryptocurrency sector to regain its strength after multiple hardships that kept stacking up against … Continued The post Fantom token records double-digit gains; Why is FTM price rising? appeared first on Finbold.

  • Non-whale Bitcoin investors break new BTC accumulation record
    by Helen Partz on November 29, 2022 at 11:31 am

    Bitcoin addresses holding up to 10 BTC have been accumulating record amounts of BTC in the aftermath of the FTX collapse. Some non-whale Bitcoin (BTC) investors seem to have had zero issues with the cryptocurrency bear market as well as fear, uncertainty and doubt (FUD) around […]

  • Dominica works with Huobi for digital identity program
    by Gareth Jenkinson on November 29, 2022 at 11:29 am

    Dominica has launched a digital identity program and national token in partnership with Huobi. Cryptocurrency exchange Huobi has partnered with the Commonwealth of Dominica to roll out a digital identity and national token service that promises digital citizenship of the West […]

  • Plum Works with Bitpanda, Offers Crypto Investing in the EU
    by Damian Chmiel on November 29, 2022 at 11:17 am

    <p> Plum Fintech Limited, a smart money app operator licensed by the Financial Conduct Authority (<a href="https://www.financemagnates.com/tag/fca/" target="_blank">FCA</a>), has added crypto assets to its investment products line due to the partnership agreement with Bitpanda. […]

  • Bitcoin shrugs off BlockFi, China protests as BTC price holds $16K
    by William Suberg on November 29, 2022 at 11:13 am

    BTC price action heads higher with Bitcoin joining Asia stocks in a rebound despite FTX pressures continuing. Bitcoin (BTC) held crucial $16,000 support into Nov. 29 as bulls weathered ongoing FTX fallout and macro triggers.BTC/USD 1-hour candle chart (Bitstamp). Source: […]

  • Investors pump $70 million into LUNC in a week as interest in Terra Classic returns
    by Paul L. on November 29, 2022 at 11:07 am

    Investors in Terra Classic (LUNC), the original chain of the collapsed Terra (LUNA) token, are still showing faith in the … Continued The post Investors pump $70 million into LUNC in a week as interest in Terra Classic returns appeared first on Finbold.

  • Dutch Bros taps former Starbucks executive as president; What’s next for BROS stock?
    by Jordan Major on November 29, 2022 at 11:06 am

    Dutch Bros Inc (NYSE: BROS) announced on Monday, November 28; it had hired former Starbucks (NASDAQ: SBUX) executive Christine Barone … Continued The post Dutch Bros taps former Starbucks executive as president; What’s next for BROS stock? appeared first on Finbold.

  • Tipping Scale for Crypto Adoption: Usability vs. Accessibility
    by Tanvir Zafar on November 29, 2022 at 11:01 am

    <p>One of the biggest problems associated with the <a href="https://www.financemagnates.com/cryptocurrency/sec-starts-administrative-proceedings-against-american-cryptofed/">crypto ecosystem is low adoption</a>. Despite quite a tremendous growth rate since its inception, just […]

  • BlockFi bankruptcy filing triggers a wide range of community reactions
    by Ezra Reguerra on November 29, 2022 at 11:00 am

    Some pointed their fingers at podcaster Anthony Pompliano for promoting the crypto lending platform quite recently. As crypto lending platform BlockFi filed for bankruptcy, members of the crypto community reacted with mixed feedback as another platform fell during the current […]

  • What’s the best Bitcoin accumulation area for a fresh start? Expert opinion
    by Ana Nicenko on November 29, 2022 at 10:56 am

    Although the majority of the cryptocurrency market is still struggling to get out of the sluggish trading loop that followed … Continued The post What’s the best Bitcoin accumulation area for a fresh start? Expert opinion appeared first on Finbold.

  • Bitcoin’s technical indicators point to a ‘big move’ on the horizon
    by Ana Nicenko on November 29, 2022 at 9:38 am

    The cryptocurrency market is still not in the clear from the consequences of the collapse of FTX, once one of … Continued The post Bitcoin’s technical indicators point to a ‘big move’ on the horizon appeared first on Finbold.

  • Kraken Daily Market Report for November 28 2022
    by krakenfx on November 29, 2022 at 5:58 am

    Overview Daily spot trading volume: $1.14 billion, 30 day average spot: $774.3 million. Total futures notional: $71.4 million. The top five traded coins were, respectively, Tether (↑0.01%), USD Coin (↑0.01%), Bitcoin (↓1.3%), Ethereum (↓2.1%), and Dai (↓0.01%). Strong returns from […]

  • Kraken Agrees to Pay $362K Fine for Onboarding Users from Iran
    by Arnab Shome on November 29, 2022 at 5:47 am

    <p>Cryptocurrency exchange <a href="https://www.financemagnates.com/tag/kraken/" target="_blank">Kraken</a> has reached a settlement with the US Treasury Department's Office of Foreign Assets Control (OFAC) for a violation of sanctions on Iran, agreeing to pay a penalty of […]

  • Crypto Lender BlockFi Files for Bankrupty Protection in the US
    by Solomon Oladipupo on November 28, 2022 at 6:00 pm

    <p class="MsoNormal text-align-justify"> On Monday, BlockFi, a cryptocurrency lending firm founded in 2017, filed for Chapter 11 bankruptcy protection in New Jersey, United States. </p><p class="MsoNormal">The proceeding also includes eight of the firm’s affiliates, BlockFi said […]

  • China’s civil unrest could push Bitcoin below $16,000
    by Paul L. on November 28, 2022 at 4:39 pm

    Bitcoin (BTC) bulls have managed to stabilize the asset’s price above $16,000, extending its consolidation around the level. Notably, Bitcoin’s … Continued The post China’s civil unrest could push Bitcoin below $16,000 appeared first on Finbold.

  • Bitcoin could sink to $9k while gold shines in 2023; Here’s what the expert says
    by Ana Nicenko on November 28, 2022 at 4:15 pm

    As most assets in the cryptocurrency market continue to struggle with the aftereffects of the FTX collapse, Bitcoin (BTC) is … Continued The post Bitcoin could sink to $9k while gold shines in 2023; Here’s what the expert says appeared first on Finbold.

  • Japan’s LINE Shuts Down Crypto Exchange Bitfront, Cites Industry Challenges
    by Solomon Oladipupo on November 28, 2022 at 4:07 pm

    <p class="MsoNormal">Japanese messaging giant LINE has decided to shut down its Bitfront cryptocurrency exchange and will halt all withdrawals from the platform in March 2023.</p><p class="MsoNormal">Bitfront announced the development on Monday in <a […]

  • The Parts of Crypto That Work
    by Sam White on November 28, 2022 at 3:30 pm

    <p> It’s been a miserable year for crypto, hit by (or bringing upon itself), catastrophe after catastrophe, with the ultimate meltdown coming in the form of FTX’s collapse, which includes staggering levels of dishonesty, mismanagement, and what many observers would contend is blatant […]

  • What is Proof of Reserves? A Beginner’s Guide
    by KrakenFX on November 28, 2022 at 2:41 pm

    In light of recent events in the crypto industry, it’s becoming increasingly important for Kraken clients and industry participants to understand the significance of Proof of Reserves (PoR) at Kraken.  This technique, one that is only possible in the new world of cryptocurrency, is a… The post […]

  • The Market's Compass Emerging Markets Country ETF Study
    by The Market's Compass on November 28, 2022 at 1:01 pm

    Week #415

  • Crypto Startup Kiln Raises $17.6m to Expand Staking
    by Damian Chmiel on November 28, 2022 at 12:49 pm

    <p> Kiln, an <a href="https://www.financemagnates.com/tag/ethereum/" target="_blank">Ethereum </a>staking-as-a-service startup, announced the closure of its Series A funding round on Monday, raising €17 million ($17.6 million). It will utilize the proceeds to broaden the […]

  • Exec Leaves Sinking AAX, Another Victim of the FTX Crisis
    by Damian Chmiel on November 28, 2022 at 11:49 am

    <p> The crisis triggered by the collapse of the <a href="https://www.financemagnates.com/tag/ftx/" target="_blank">FTX </a>cryptocurrency exchange is taking another grim toll. Two weeks after AAX cryptocurrency exchange <a […]

  • Cryptocurrency Fraud in UK Rises by 32% to $270m
    by Damian Chmiel on November 28, 2022 at 11:08 am

    <p> In one year, the value of financial losses due to cryptocurrency fraud increased by 32%, according to data from the <a href="https://www.financemagnates.com/tag/police/" target="_blank">UK Police</a> Action Fraud unit seen by the Financial Times. </p><p […]

  • B2C2 Expands Its Use of KX's Analytical Software
    by Damian Chmiel on November 28, 2022 at 10:47 am

    <p> B2C2, a cryptocurrency liquidity provider owned by Japan's <a href="https://www.financemagnates.com/tag/sbi/" target="_blank">SBI Holdings</a>, has expanded its partnership with <a href="https://www.financemagnates.com/tag/kx/" target="_blank">KX</a>, a provider […]

  • The Bahamas Will Not Share Information on FTX Probe: Attorney General
    by Arnab Shome on November 28, 2022 at 6:27 am

    <p>The <a href="https://www.financemagnates.com/tag/ftx/" target="_blank">FTX</a> debacle shook the priorities of the Bahamian authorities. The country's attorney general, Ryan Pinder, has defeated the actions of the "nation of laws" against the collapsed cryptocurrency […]

  • Kraken Daily Market Report for November 27 2022
    by krakenfx on November 28, 2022 at 5:41 am

    Overview Daily spot trading volume: $437.6 million, 30 day average spot: $752.3 million. Total futures notional: $34.5 million. The top five traded coins were, respectively, Tether (↑0.01%), USD Coin (↑0.0%), Bitcoin (↓0.19%), Ethereum (↓1.0%), and Dogecoin (↑11%). Strong returns from […]

  • Canadian Crypto Exchange Coinsquare Confirms Data Breach
    by Arnab Shome on November 28, 2022 at 5:03 am

    <p>A Canadian <a href="https://www.financemagnates.com/terms/c/cryptocurrency-exchange/" target="_blank" id="601e2e5f-0c28-4253-9ad4-5e6b251ba2fa_1" class="terms__main-term">cryptocurrency exchange</a>, Coinsquare has become the latest victim of a security breach that has resulted […]

  • Kraken Daily Market Report for November 26 2022
    by krakenfx on November 27, 2022 at 5:08 am

    Overview Daily spot trading volume: $492.8 million, 30 day average spot: $758.5 million. Total futures notional: $52.6 million. The top five traded coins were, respectively, Tether (↑0.0%), USD Coin (↓0.01%), Ethereum (↑0.6%), Bitcoin (↓0.4%), and Solana (↑0.9%). Strong returns from […]

  • Kraken Daily Market Report for November 25 2022
    by krakenfx on November 26, 2022 at 5:48 am

    Overview Daily spot trading volume: $723.9 million, 30 day average spot: $762.3 million. Total futures notional: $49.9 million. The top five traded coins were, respectively, Tether (↑0.01%), USD Coin (↑0.01%), Bitcoin (↓0.5%), Ethereum (↓0.5%), and Dai (↓0.0%). Strong returns from REN […]

  • Crypto Exchange Bitget Introduces Brazilian Real Trading Pairs
    by Solomon Oladipupo on November 25, 2022 at 8:46 pm

    <p class="text-align-justify">Bitget, a cryptocurrency exchange now based in Seychelles, has introduced Brazilian real (BRL) trading pairs as the first batch of its new on-ramp fiat trading pairs for spot traders on its platform. </p><p class="text-align-justify">Bitget announced […]

  • Binance Launches Proof of Reserves for Bitcoin
    by Solomon Oladipupo on November 25, 2022 at 7:05 pm

    <p class="MsoNormal text-align-justify"> On Friday, Binance, the world’s largest cryptocurrency exchange by trading volume, launched the Proof of Reserves (PoR) for its Bitcoin (BTC) holdings in its latest show of transparency to reassure customers of its health following the sudden […]

  • Kraken Daily Market Report for November 24 2022
    by krakenfx on November 25, 2022 at 4:47 pm

        Overview Daily spot trading volume: $914.9 million, 30 day average spot: $762.3 million. Total futures notional: $55.9 million. The top five traded coins were, respectively, Tether (↑0.03%), USD Coin (↑0.0%), Ethereum (↑1.7%), Bitcoin (↑0.02%), and Dai (↑0.01%). Strong returns from […]

  • How Blockchain, Digital assets, and Web3 Unlock Financial Inclusion Globally
    by Mohammed AlKaff AlHasmi on November 25, 2022 at 11:23 am

    <p>Albeit the world is aggressively progressing toward a digital economy, millions of people and communities lack even the most basic amenities. In Sub-Saharan Africa, for example, over 80 million adults remain unbanked and have to resort to cash for all transactions. Whereas the Middle East […]

  • Can LP Tokens Add Value to DeFi Lending Ecosystems?
    by Brian Pasfield on November 25, 2022 at 10:44 am

    <p>Currently, there is over $41 billion Total Value Locked on DeFi protocols. Decentralized exchanges and lending protocols accumulate the lion's share of this TVL. However, as DeFi stands, unique possibilities exploiting the convergence of these two dominant markets are still to be […]

  • How to Live Without CEX
    by CoinStats Team on November 25, 2022 at 8:49 am

    Living without CEX can be frustrating, right? Well, it might not be as tough as you might think. In fact, you might just forget about it after a while.  Not convinced yet? In this article, we'll highlight the differences between centralized and decentralized exchanges, as well as explore how to […]

  • Singapore Police Investigating Crypto Platform Hodlnaut for Fraud
    by Arnab Shome on November 25, 2022 at 8:18 am

    <p>Singapore police are investigating local cryptocurrency lending and borrowing platform, Hodlnaut, and its directors for alleged cheating and fraud.</p><p>According to the official press release of <a href="https://www.financemagnates.com/tag/singapore/" […]

  • Claim Your Rekt NFT to Celebrate Failure
    by CoinStats Team on November 24, 2022 at 7:27 am

    These are rekt times for crypto. We're inviting you to go all out with the doom and celebrate the melancholy mood with some great artwork 🧡 CoinStats is taking over Rekt WTF, a mock collection of 9997 NFTs featuring ex-crypto giants that have since fallen from grace: Do Kwon, Su Zhu, Kyle […]

  • What is IDEX: Deep Dive Into the First Hybrid Liquidity DEX
    by CoinStats Team on November 23, 2022 at 11:17 am

    Innovation is the lifeblood of any industry or company. The DeFi ecosystem constantly witnesses brilliant innovations aimed at solving the excesses of traditional finance and other projects within the space. Today's article focuses on one stellar innovation that bridges two worlds (centralized […]

  • Median Line Analysis
    by The Market's Compass on November 22, 2022 at 9:16 pm

    Median Line Analysis, A.K.A. Andrews Pitchfork, Part #4, Further Techniques

  • Win FIFA NFTs in CoinStats World Cup Giveaway
    by CoinStats Team on November 22, 2022 at 3:30 pm

    The most long-awaited event for all soccer fans, FIFA World Cup, is here, and we are delighted to have you celebrate it with CoinStats. Here's how you can score and make your team proud.  This November 20th to December 18th, you'll get to take part in CoinStats World Cup NFT Giveaway. […]

  • How to Buy Serum [Step-By-Step Guide]
    by CoinStats Team on November 22, 2022 at 1:24 pm

    Serum is a permissionless decentralized exchange and DeFi ecosystem built on the Solana blockchain. It brings unprecedented speed and low transaction costs to decentralized finance and enables cross-chain swaps. The Serum ecosystem uses an on-chain central limit order book (CLOB) and is run by […]

  • How to Buy Synthetix Network Token (SNX)
    by CoinStats Team on November 22, 2022 at 1:09 pm

    Synthetix is a decentralized trading platform and derivatives liquidity protocol that offers synthetic assets and enables users to trade stocks, cryptocurrencies, fiat currencies, and even commodities. The price movements of the synthetic assets/synths are linked to the underlying asset price. […]

  • How to Buy OMG Network [Step-By-Step Guide]
    by CoinStats Team on November 22, 2022 at 12:38 pm

    The OMG Network is a public, decentralized network that enables high-throughput, low-cost peer-to-peer transactions. It’s a Layer 2 Ethereum scaling solution that enables the exchange of money and digital values on the blockchain faster and cheaper, without compromising on security. OMG is the […]

  • How to Buy AVA
    by CoinStats Team on November 22, 2022 at 11:38 am

    Travala.com is a leading blockchain-based travel booking platform offering over 2,000,000 hotels and accommodations in 230 countries with cheaper prices than other booking platforms. AVA is the native cryptocurrency of Travala.com. It’s based on Binance Chain and can be used for payments, […]

  • How to Talk About Cryptocurrency at Thanksgiving Dinner Table
    by Rahul Mantri on November 22, 2022 at 10:41 am

    When you think of the Thanksgiving holiday, you might envision a tasty bottle of wine, a mouthwatering herb-roasted turkey, and a stunningly styled tablescape with warm shades of red, orange, and yellow foliage to set the festive mood. And it’s a universally acknowledged truth that conversation […]