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The emerging longevity sector is attracting many crypto natives, who can both benefit from it and contribute to it with blockchain tools. The nascent longevity industry focuses on the research and implementation of solutions and technologies to extend the lifespan of human beings — making people live healthier, longer lives. Longevity is not yet considered...
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FTX CEO Sam Bankman-Fried has resigned his position but will “remain to assist in an orderly transition” before being succeeded by John Ray. Within a week, crypto exchange FTX has gone from proposing an acquisition by Binance to sort out its liquidity issues to proceeding with filing for bankruptcy under Chapter 11 in the District...
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From buying Bahamas-based NFTs to offering bounties to FTX employees, users with balances stuck in FTX are trying whatever they can to withdraw their money. As the FTX crisis continues to permeate through the cryptosphere, users of the platform are trying various ways to bypass the official process of withdrawing their funds from the collapsing...
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Zane Tackett suggests alternatives to “boomer procedures” when it comes to FTX bankruptcy. Bitcoin (BTC) and cryptocurrency may “take years to recover” from the FTX scandal, one industry analyst warns. In a Twitter thread on Nov. 11, Filbfilb, co-founder of trading suite Decentrader, said that the Terra LUNA debacle was itself still playing out. Filbfilb:...
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The collapse of FTX came as a surprise to many, but as more information pours in, it seems FTX’s liquidity crisis began sooner than many thought. The world’s third-largest cryptocurrency exchange, FTX, started the year with a $400 million Series C funding round, taking its valuation to over $32 billion. Ten months later, the crypto...
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Sandeep Nailwal, the co-founder of Polygon, encouraged Solana community members to keep on building. With Solana (SOL) being heavily affected by the FTX debacle, Crypto Twitter expressed sympathy and hopes that its community can make a comeback.  Being one of many coins that FTX CEO Sam Bankman-Fried (SBF) supported, SOL has been hit heavily amid...
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A bearish technical setup and a declining number of Ether whales pose downside risks for ETH’s price. The annual supply rate of Ether (ETH) slipped below zero for the first time since Ethereum’s transition to proof-of-stake via the Merge in September. The reason? A spike in on-chain activity amid a massive cryptocurrency market crash.  Ether turns...
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ETH price plummeted to a 4-month low at $1,070 after a wave of futures liquidations. Ether (ETH) price shed roughly 33% between Nov. 7 and Nov. 9 after an impressive $260 million in future contracts longs (buyers) were liquidated. Traders using leverage were surprised as the price swing caused the largest impact since Aug. 18...
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A Bitcoin whale has moved 3,500 BTC to new wallets for the first time since 2011, changing the address format from P2PKH to P2SH. Amid the ongoing market turbulence for Bitcoin (BTC) and other cryptocurrencies, some big investors are waking up to move their BTC holdings that were untouched for about a decade.  According to...
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Deepak.eth, the founder of the blockchain infrastructure Chain, listed their NFT collection for sale on OpenSea starting at 8,000 ETH. The founder of the Chain blockchain infrastructure company, who goes by the internet pseudonym Deepak.eth, took to Twitter to announce the sale of their nonfungible token (NFT) collection. Deepak.eth tweeted that the collection will either be...
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