News

Sam Bankman of FTX offered Elon Musk $3 billion to help acquire Twitter. The FTX CEO also proposed a blockchain integration for Twitter. Musk says SBF set off his “BS...

Large ADA investors have lost interest in the altcoin. ADA’s currently trading at $0.3417 after a 5.37% drop over the last 24 hours. Weighted sentiment for ADA has also remained...

Cardano’s co-founder said that ‘crypto didn’t fail but people failed’. FTX’s case can damage the industry or possibly offshore the American crypto industry. He suggested honest and better standards for...

Recent Bitcoin price research suggests another gloomy run. This week’s tectonic disturbance is caused by FTX withdrawals. Bitcoin is facing resistance at $17,480.18 and support at $16,543.48. Bulls are fatigued...

Crypto.com’s largest portfolio allocations include ETH, BTC and SHIB. SHIB is the exchange’s second largest reserve holdings. In related news, the price of CRO has dropped 13% over the last...

Altcoins like MATIC and CHZ are largely affected by narratives at the moment. MATIC is currently trading at $0.9815 after a 9.77% drop in price. CHZ’s 24 hour trading volume...

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...