The price of soccer fan tokens, designed for fan engagement, is seemingly impacted by the on-field performance of teams. Argentina’s shock 2-1 loss to Saudi Arabia in the opening match of the FIFA World Cup has plummeted the price of the Argentine Football Association Fan Token (ARG), in line with the hopes of the nation’s...Continue Reading

The Bitcoin miner warned its cash reserves may be depleted by the end of 2022 or sooner as it cuts back on spending, including not making loan repayments. Bitcoin (BTC) miner Core Scientific has warned of  “substantial doubt” they will be able to continue operations over the next 12 months given financial uncertainty. In its...Continue Reading

According to the Chamber of Digital Commerce CEO, passing any kind of legislation — including bills on crypto and blockchain — will be “incredibly difficult” in a divided government. Perianne Boring, founder and CEO of blockchain advocacy group Chamber of Digital Commerce, placed the lack of approval of a Bitcoin exchange-traded fund in the United...Continue Reading

The other licensees included three European institutional investment platforms and one U.S.-based retail platform. In an official blog post, Bitpanda announced that it has secured a crypto custody licence from the German financial authority, BaFin. Having obtained this licence, the Austrian-based crypto exchange can now legally market its services to residents of Germany. Bitpanda also...Continue Reading

Coinbase CEO Brian Armstrong indirectly addressed CZ’s tweets as “FUD.” Coinbase was trending on Twitter on Nov. 22 after Binance CEO Changpeng Zhao, known also as CZ, sent out a tweet that appeared to question Coinbase’s Bitcoin holdings. In the since deleted tweet, CZ referenced a yahoo finance article that alleged that “Coinbase Custody holds...Continue Reading

Shytoshi Kusama reported Shiba Inu could work alongside Facebook and Decentraland by working on metaverse global policy at the World Economic Forum. The volunteer project lead and developer for Shiba Inu known only as ‘Shytoshi Kusama’ has reported on social media that the World Economic Forum, or WEF, wants to work with the meme-based cryptocurrency...Continue Reading

The Monetary Authority of Singapore had its reasons, and there was nothing more it could have done about the FTX threat any way, just like other national regulators. The Monetary Authority of Singapore (MAS), the country’s central bank, released a statement Nov. 21 to address “some questions and misconceptions that have arisen in the wake...Continue Reading

ETH bears continue to suppress Ethereum price, but institutional traders’ buying activity and exchanges’ aiming to provide more transparency could improve investor sentiment. Ether (ETH) price experienced an 11.9% decline from Nov. 20 to Nov. 22, bottoming at $1,074 — the lowest level seen since July. Currently, investors have reason to be concerned after crypto...Continue Reading

“We’re not just talking about crypto assets, or cash assets, or physical assets — we’re also talking about information, and information here is an asset,” said James Bromley. James Bromley, a partner at law firm Sullivan & Cromwell representing debtors in FTX’s bankruptcy case in the District of Delaware, has said that assets at the...Continue Reading

Changpeng Zhao first announced the fund following FTX filing for bankruptcy, saying it would be aimed at helping projects with liquidity issues, but was not for “liars or frauds.” Changpeng Zhao, chief executive officer of crypto exchange Binance, has denied a report claiming he met with investors in Abu Dhabi in an effort to raise...Continue Reading