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

On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the potential collapse of the Grayscale Bitcoin Trust and its implications on the market. On this week’s The Market Report show, Cointelegraph’s resident experts discuss what the ramifications would be if Grayscale Bitcoin Trust were to collapse. We start off this week’s show...Continue Reading

It appears that shorting of CRV tokens was a distraction shot to exploit a sophisticated loophole on DeFi platform Aave. As described by analysts at Lookonchain on Nov. 22, tokens of decentralized exchange Curve Finance (CRV) appear to have suffered a major short-seller attack. According to Lookonchain, ponzishorter.eth, an address associated with Mango Markets exploiter...Continue Reading

More countries are beginning to allow real estate purchases using crypto, here are some of the top destinations. The mainstream adoption of cryptocurrencies has brought immense potential to the fintech industry, and some of the capabilities have spilled over into the real estate market. Subsequently, the real estate sector is evolving to accommodate a new...Continue Reading

Bitcoin’s modest recovery from two-year lows comes as major BTC price support emerges at $12,000. Bitcoin (BTC) headed higher into the Nov. 22 Wall Street open after setting another two-year low. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Thanksgiving buywall appears at $12,000 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it recrossed...Continue Reading

Across crypto and fiat, many consumers are making a fatal error: they’re letting their assets sit idle in accounts without earning interest. There’s no escaping it: the DeFi markets have cooled down over the past year. After breaking $180 billion in total value locked last November — coinciding with Bitcoin racing to a new all-time...Continue Reading

W3bstream, a MachineFi project, is using Web3 technology to decentralize the Internet of Things. We live in houses that are capable of monitoring and controlling a wide range of internal processes — from heating and cooling to security and surveillance mechanisms. Our cars keep track of external conditions and are well on their way to...Continue Reading

A Dutch court hearing ruled that the Tornado Cash developer would be held for another three months as the investigation continues. Detained Tornado Cash developer Alexsey Pertsev will spend another three months in custody in the Netherlands, according to a court hearing held on Nov. 22. Cointelegraph attended a preliminary court hearing at the Palace...Continue Reading

Litecoin diverged from the broader crypto market downtrend in the months leading up to its halving in August 2023. Litecoin (LTC) has emerged as one of the rare winners in the ongoing cryptocurrency market meltdown led by the FTX exchange’s collapse. LTC price outperforms BTC, ET The 2011-born altcoin rallied nearly 16% month-to-date (MTD) to...Continue Reading

Bitcoin cannot be destroyed by the fall of cryptocurrency giants like FTX or, hypothetically, other big exchanges, according to Samson Mow. The collapse of FTX has triggered a notable drop in the price of Bitcoin (BTC), but that in no case means that BTC can be destroyed by failing cryptocurrency firms, according to Bitcoin proponent...Continue Reading