Politicians and news organizations have reportedly planned to return roughly $6.6 million in donations from FTX — a mere fraction of the crypto exchange’s estimated contributions. Before its downfall, crypto exchange FTX and its then-CEO Sam Bankman-Fried had been some of the most prolific spenders in the space, bailing out crypto firms and donating to...Continue Reading

We may not see much from Congress, but there is a chance the SEC will continue making crypto policy via litigation. If you saw the returns in my crypto portfolio this year, you would take a pass on my predictions for the direction of the cryptocurrency market. So, I will stick to what I know...Continue Reading

Users of the decentralized exchange will also be able to use bank transfers to purchase crypto. Decentralized exchange Uniswap has partnered with fintech company Moonpay to allow users to buy cryptocurrency on its web app using debit cards, credit cards, and bank transfers. The bank transfer option is being rolled out for users within most...Continue Reading

The exchange has come under increasing pressure from critics after the collapse of its rival, FTX. Binance has joined the Chamber of Digital Commerce, a United States crypto industry lobbying group, according to a Dec. 20 press release from the exchange. The move comes after Binance has been criticized for allegedly being unregulated. Binance’s vice...Continue Reading

Demand for leverage buying remains absent in ETH despite the recent bounce to $1,200 as the U.S. Federal Reserve continues to hike interest rates. Ether (ETH) gained 5.6% on Dec. 20 after testing the $1,150 support the previous day. Still, a bearish trend prevails, forming a three-week-long descending channel, a price action attributed to expectations...Continue Reading

The crypto trading firm reportedly suffered a $20 million dollar exposure in the FTX collapse. Cryptocurrency trading firm Auros Global, which reportedly suffered a $20 million dollar exposure in the FTX collapse, has released a statement saying it plans to resume regular operations after implementing a restructuring plan.  Statement from Auros regarding recent references in...Continue Reading

After a tumultuous year in crypto, investors are now more selective with their funding. It’s been a tough year for crypto, and venture capital activity confirms it. The collapse of FTX in November was the latest and most shocking in a series of closures of key market players this year — including Celsius, Voyager and...Continue Reading

Metaverse Game Studios announces partnership with blockchain gaming platform ImmutableX to power upcoming Web3 gaming title Angelic. Developers behind popular video games such as Far Cry and Diablo Immortal are making use of blockchain technology to build a new Web3 MMORPG. Independent gaming developer Metaverse Game Studios, which boasts a host of developers that have...Continue Reading

The deal, if executed, would essentially restructure the company into a hosting firm for Bitcoin mining rigs. According to a new filing with the U.S. Securities and Exchange Commission on Dec. 20, Bitcoin (BTC) miner Greenidge stated that it reached an agreement with its creditor, fintech firm NYDIG, to restructure approximately $74 million worth of...Continue Reading

Days after USDN lost its peg with USD, Waves CEO and founder Sasha Ivanov promised that his new stablecoin will be “undepeggable.” Sasha Ivanov, founder and CEO of the Waves blockchain platform, is planning to launch a new stablecoin amid the ongoing crisis of the Waves-backed stablecoin, Neutrino USD (USDN). Ivanov took to Twitter on...Continue Reading