US President Biden announces pick for FDIC chair
Martin Gruenberg was the FDIC’s acting chair while the agency issued cease-and-desist orders to crypto firms and suggested that payment...
TheCryptoNewsWire
FTX collapse followed by an uptick in stablecoin inflows and DEX activity
Investors piled into stablecoins following FTX’s collapse, and an uptick in DEX activity suggests a rising interest in self-custody options....
Caribbean nation St. Kitts and Nevis may adopt Bitcoin Cash as legal tender by March 2023
The country’s prime minister says it is considering introducing Bitcoin Cash on a legal basis, despite being within the territory...
Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX
After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on...
US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins
According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform...
Bitget Prepares 5 Million USD Builders Fund to Help Users Distressed by FTX Collapse
PRESS RELEASE. Nov 14th, 2022 – Leading global cryptocurrency exchange Bitget announces that it has set aside a 5 Million...
Effective Altruism: Former FTX CEO’s Alleged $40M Penthouse Listed for Sale, Report Says Firm Spent $74M on Real Estate
In light of a recently published real estate listing, former FTX CEO Sam Bankman-Fried (SBF) is reportedly selling a 12,000-square-foot...
Amid FTX collapse, crypto funds see largest inflows in 14 weeks
The Bitcoin price briefly fell below $16,000 last week as Sam Bankman-Fried’s FTX Group filed for bankruptcy. Inflows into cryptocurrency...
Bitcoin derivatives data reflects traders’ mixed feelings below $17,000
Derivatives data shows increased demand for margin longs, contradicting traders’ perception that further downside is in store for Bitcoin. Bitcoin...
Inaugural Gam3 Awards to honor the best Web3 games of 2022
Following the announcement, a representative confirmed that the venture capital firm Bitkraft would also be joining as a partner and...
Former Huobi-linked entity says it has $18.1 million stuck on FTX
Lin Li, the company’s founder, has agreed to lend up to $14 million to New Huo Technology to bail out...
Turbulence for blockchain industry despite strong Bitcoin fundamentals: Report
It’s Downtober for crypto as venture capital drops 48.6%, security token volume is down 24.8%, and Core Scientific and Argo...
SEC wins LBRY case, but the victory may have little impact in the greater cryptoverse
Although it was quickly overshadowed by more dramatic events, the LBRY case is a rare instance of a crypto-related unregistered...
Is GPU mining profitable after the Ethereum Merge?
The Ethereum merge is the upgrade from proof-of-work to proof-of-stake as a way of validating block transactions on the network....
Edward Snowden says he feels ‘itch to scale back in’ to $16.5K Bitcoin
Snowden draws attention to buying Bitcoin after the March 2020 crash as BTC price action consolidates below $17,000. Bitcoin (BTC)...
