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November 15, 2022
Plenty of uncertainty about the future remains for the price of Bitcoin amid fresh signs that U.S. inflation is slowing. Bitcoin (BTC) spiked to $17,000 at the Nov. 15 Wall Street open as fresh United States economic data continued to show inflation cooling. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Good” PPI boosts risk assets...
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Sam Bankman-Fried’s FTX exchange acquired the Japanese crypto trading platform Liquid Group and its subsidiaries in February 2022. The Japanese cryptocurrency exchange Liquid is the latest company to halt withdrawals amid the ongoing crisis of centralized crypto exchanges. The FTX-owned crypto exchange Liquid took to Twitter on Nov. 15 to officially announce a suspension of...
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A roadmap proposes the launch of a regulatory sandbox and the creation of a national blockchain-backed realty register A group of pro-crypto Ukrainian lawmakers, Blockchain4Ukraine, and the citizen group Virtual Assets of Ukraine (VAU) revealed a joint roadmap for promoting and developing Web3 in the country. The document was signed by its co-authors on Nov....
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In the latest bankruptcy filing for the exchange, it was revealed that there may be 1 million creditors, rather than the 100,000 initially estimated. The FTX liquidation crisis turned bankruptcy saga continues as a recent filing reveals additional information on Sam Bankman-Fried’s leadership and the exchange’s final days. On Nov. 14, a new document was...
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Binance, BitMEX and KuCoin have delisted FTX Token pairs from their crypto exchange platforms. As the FTX collapse continues to cause turmoil in the crypto industry, various crypto exchanges have delisted FTX Token (FTT) on their platforms.  In an announcement, crypto exchange Binance highlighted that they have removed the FTT/BTC, FTT/BNB, FTT/ETH and FTT/USDT trading...
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An exodus from centralized cryptocurrency exchanges after FTX’s collapse appears to be the primary reason behind Trust Wallet Token’s massive rally. Trust Wallet Token (TWT) has surged by nearly 150% in the last six days, bucking the downturn in the cryptocurrency market, whose net capitalization has crashed by almost $100 billion in the same period....
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The FTX hacker managed to steal $477 million out of the $650 million moved on-chain on Nov.11 and currently holds $62 million in total assets. The FTX hacker that drained over $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11, continues to drain assets from the...
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Blockchain analytics firm Nansen has released an overview of major cryptocurrency exchanges’ onchain asset holdings and portfolios in the wake of FTX’s collapse. The collapse of cryptocurrency exchange FTX has put industry peers under the microscope with calls for transparent accounts of token holdings and assets under management. Major cryptocurrency exchanges like Binance, Huobi, OKX...
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The hardware wallet firm is certain that the latest uptick in demand is a result of investors rescuing their funds in the aftermath of the FTX failure. Amid growing concerns over centralized cryptocurrency exchanges in the wake of the FTX crisis, investors are increasingly moving to hardware crypto wallets. A major hardware wallet provider, Trezor,...
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While some lawmakers expressed their eagerness to quick up the regulatory progress, others blamed the SEC in FTX’s monopoly. Last week was tough — the alarming series of crypto meltdowns continued with the failure of FTX, one of the biggest exchanges on the market. The crypto industry’s very own “Lehman Brothers moment” pushed regulators to...
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