Florence
U.S. Senator Pleads for New Legislation After FTX Collapse
U.S. Senator pushes for the passage of the Responsible Financial Innovation Act. Cynthia Lummis claims this act could have prevented the FTX collapse. The Senator…
BTC Holders Get Richer When Fed Prints ‘Fake Dollars’: Robert Kiyosaki
Robert Kiyosaki says BTC investors will get wealthier than “fake money savers.” Author contends the “biggest losers” will be those saving “fake money.” With the…
Hoskinson’s Ripple vs. SEC Settlement Date Prediction Causes Uproar
Cardano CEO hints at Dec 15 settlement of Ripple vs SEC Trial. Eleanor Terrett of Fox Business declares, “It’s not true.” The court may disclose…
Celsius Judge Will Decide Whether Lender Owns Customer Crypto
A federal judge will decide whether Celsius owns customer cryptocurrencies.Celsius asked for permission to sell $18 million of crypto to cover operating expenses.Creditors claim unclarity…
Bitcoin Mining Difficulty Drops for the First Time Since July 2021
Bitcoin mining difficulty fell by 7.32% for the first time since July 2021.Luxor hashprice shows a 20% fall in mining profitability over the past month.The…
Bitcoin Could Fall to $5,000 in 2023: Says StanChart Analysts
According to StanChart analysts, Bitcoin could go as low as $5,000 in 2023.The probable decline in BTC could lead to a rise in the price…
Strong Bear Market Pushes Swyftx and Bybit to Make Mass Layoffs
Bybit announces a 30% workforce reduction due to the ongoing bear market.Swyftx announced 40% lay-offs due to deteriorating digital asset markets.Many crypto exchanges conduct mass…
Optimism From the SEC vs. Ripple Case Helps XRP Climb up $0.40
XRP returned to $0.42 for the first time since November 8.The latest COVID measures in China negatively impacted the XRP price chart.Investors' confidence in SEC…
To Prevent Attacks, Aave Decommisions Low Liquidity Pools
Aave froze 17 v2 pools because of their low liquidity and volatile nature.An attack cost the Aave protocol $1.6 million in bad debt last week.AAVE’s…
FTX Gave $1M to a Republican SPAC Two Weeks Before Bankruptcy
FTX US gave $1M to a Republican’s fund two weeks before declaring bankruptcy.Sam Bankman donated $40 billion to the Democrats in the midterm elections.Alameda Research…
