News

A finding by Reuters alleged that over $1 billion of customer funds vanished from FTX’s coffers. FTX’s former CEO reportedly transferred $10 billion of customer funds to Alameda, most of...

FTX suffers a $600 million crypto hack. FTX support team instructs users to delete all FTX apps. ETH, SOL and BNB exit FTX and move to other DEXs. Cryptocurrency exchange...

DOGE’s recent rejection from the $0.14 rejection invalidated its bullish pattern. The meme coin marked a declining trend in its volume. DOGE is currently trading at $0.0809 after a 7%...

Indian Enforcement Directorate froze Bitcoin balances of E-nuggets fraudsters. E-nugget gaming app lured Indians into deposing crypto in return for commissions.  Previously, ED withheld account balances belonging to fraudulent Chinese...

NY Fed and MAS’s Project Cedar x Ubin+ explore wholesale central bank digital currencies (wCBDCs). Project Cedar Phase II x Ubin+ will offer insight into the functionality of a multi-currency...

US labor statistics bureau reported an increase of 0.4% increase in October. If the bulls keep pushing BTC it could hit $19,400, the region where it fluctuates. Ethereum too shows...

The Spectrum has integrated an NFT project to speed up their sales process. The NFT will serve as a token that will give the holder the right to purchase a...

Charles Hoskinson says Ethereum’s current state is comparable to a horror movie. The comments in response to this are regarding growing censorship concerns. More than 70% of Ethereum blocks are...

US jurisdiction would not apply to FTX since it didn’t have any US customers. Lawyer Chervinsky feels applying regulations would be counterproductive. The community believes US regulations will push investors...

FTX exchange resumes withdrawals of Ethereum and Polygon. The near-bankrupt exchange decided to halt withdrawals due to a liquidity crunch. FTX takes an unprecedented fall and seems to have a...

Minnesota lawmaker claimed that Gensler was backing FTX and its founder. FTX and Bankman-Fried are accused of finding legal ways to obtain a regulatory monopoly. Dane Lund added that ties...

Despite the FTT scandal, Cardano price analysis shows a consistent rising trend. The support level for ADA is $0.3439, while the resistance level is $0.3766. ADA prices have surged by...

Michael Saylor joins CNBC to discuss the FTX chaos. The MicroStrategy founder says the crypto industry needs to grow up. He also believes the future of the industry lies in...

Binance has a total of $70 billion worth of cryptocurrencies. Coinbase (with $27 billion) and Bitfinex (with $20 billion) are the subsequent largest holders. Despite the current bear market, Binance...

Charles Hoskinson says Ethereum’s current state is comparable to a horror movie. The comments in response to growing censorship concerns regarding Ethereum. More than 70% of Ethereum blocks are OFAC...

The Russian Federation and the Turkish Ministry signed a bill for ensuring legal cooperation. The deal includes the prevention of information crimes like the illegal use of cryptocurrency. The Federation...

White House Secretary said stronger oversight of crypto is necessary to prevent hurting Americans. Binance CEO said FTX’s fall was terrible for the crypto industry due to its implications. The...

FTX founder Sam Bankman-Fried admits mistakes and apologizes to users publicly. Followers and foes leap at his Twitter handle to share views on his public pardon. Binance backs out on...

ARK buys 238,000 shares of crypto exchange Coinbase. Early this week, Cathie Woods purchased over 400,000 Coinbase shares. Coinbase announced minimal exposure to FTX. Technology investor Cathie Woods’ ARK Investment...

Litecoin (LTC) has climbed 17.06 % in the previous 24 hours. LTC prices are likely to rise higher, according to technical indicators. Bears are fatigued as bulls manage to raise...

Nigeria’s Naira surges against the U.S. Dollar at N730. Analysts say replacing currency notes had led to its depreciation. Cryptocurrency popularity has increased in the nation. After two weeks of...

Crypto Youtuber states Bankman-Fried is not Solana, hence predicts SOL to go bullish. “Solana is not dead but more like in pause,” states Ben Armstrong. Crypto Twitter user states Solana...

NSEI and InvestReady have filed a Motion to File an Amicus Brief in Support of the SEC. The deadline to file the amicus briefs for both parties is November 11....

David Chaum introduced CBDC technology to enhance privacy. CBDC may take over as the industry standard for crypto transactions. The CBDC can prevent tracking down the unlawful currency. David Chaum,...

USDT value temporarily slipped by a minuscule percentage creating FUD. Tether’s CTO noted no cause for alarm as the company has enough reserve to cover USDT swaps. FUD calls previously...