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November 21, 2022
FTX exposure risk has not stopped Serum price from a massive rally despite major cryptocurrency exchanges delisting SRM. Serum, a “decentralized exchange” on the Solana blockchain, has performed exceptionally well in terms of its SRM token price, despite it ties to the defunct FTX exchange. SRM price up 140% in one week On the daily...
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FTX reminded us that users need strong decentralized platforms to conduct their business — not gatekeepers capable of misusing their funds. The rapid implosion of FTX has led general investors and crypto believers alike to question the validity of crypto and, indeed, predict its end. But, an understanding of history points not to crypto’s demise...
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With election integrity under assault in the United States and elsewhere, is blockchain technology part of the solution? Greenland explores voting options. In October, Greenland was reported to be exploring the feasibility of an online voting platform for its national elections. Among the options being considered is a blockchain-based system.  That isn’t entirely surprising. Electronic...
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American CryptoFed DAO begins litigation battle with SEC over 2021 token registrations, opts not to have attorneys in a fight for registration. The first official decentralized autonomous organization (DAO) in the United States is taking on the Securities and Exchange Commission (SEC) over its 2021 token registrations.  American CryptoFed DAO has told Cointelegraph it will...
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Binance Labs has made a strategic investment in the Belgian hardware wallet firm Ngrave and will lead its upcoming Series A round. The cryptocurrency exchange Binance is making a move in the hardware wallet industry, with its venture capital arm investing in the cold wallet platform Ngrave. Binance Labs has made a strategic investment in...
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The situation surrounding the Celsius bankruptcy continues as U.S. regulators set a deadline for those affected by the situation to file a proof claim against the company. The ongoing case of the Celsius bankruptcy continues as the United States Bankruptcy Court in the southern district of New York State approved a new filing deadline. According...
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Bitcoin price rumors abound as GBTC comes in for a dose of cold feet thanks to FTX. Bitcoin (BTC) starts a new week still replaying November 2020 after its lowest weekly close in two years. The largest cryptocurrency, just like the rest of the crypto industry, remains highly susceptible to downside risk as it continues...
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The FTX wallet drainer address has been meticulously swapping assets and using bridges to launder stolen funds. The hacker behind the bankrupt cryptocurrency exchange FTX started transferring their Ether (ETH) holding to a new wallet address on Nov. 20. The FTX wallet drainer was the 27th largest ETH holder after the hack but dropped by...
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Liquid’s operational halt comes five days after the exchange suspended all withdrawals due to FTX’s bankruptcy filing. Liquid has suspended all trading operations on its platform in line with instructions from FTX Trading, the firm announced on Twitter on Nov. 20. The statement indicates that Liquid exchange paused “all forms of trading” because of the...
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Istanbul Blockchain Week was held in Turkey, and Cointelegraph attended to experience the impact of the FTX collapse firsthand — the result was unexpected. Istanbul Blockchain Week opened its doors on Nov. 14 to bring the crypto and blockchain ecosystem together in İstanbul, Turkey. Cointelegraph attended the event with a Cointelegraph Turkey booth and an...
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