The XRP price has fallen by 2% in the past day and by 20% in the past week as the fallout from FTX’s apparent insolvency continues to wreak havoc on the cryptocurrency market. The altcoin is also down by 27% in the past month, with the downturn of the past few days all but erasing…
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An issue that seems to have massively contributed to major crypto exchange Binance’s decision not to acquire FTX is that a significant part of the latter’s team went for the exit. According to Semafor, citing people familiar with the matter, “Most of FTX’s legal and compliance staff quit Tuesday evening, […] leaving few executives who…
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A criminal court in Argentina’s Córdoba has jailed two men – a businessman and a surgeon – for their part in developing a pyramid scheme based on selling fake tokens they claim were “affiliated” with the OneCoin crypto scam. Clarin reported that the court sentenced the 33-year-old Adolfo Rodrigo Domínguez to three years and six…
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Solana price prediction remains negative, having broken below all significant support levels on all timeframes. Solana has dropped by almost 26% in the last 24 hours and nearly 50% in the last seven days. Solana tokens and NFTs have suffered as a result of the revelation of FTX’s collapse, and on-chain statistics show that greater…
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Major crypto exchange Binance will follow Gate.io ‘s and Kraken’s example and start doing Proof-of-Reserve (PoR) audits, said CEO Changpeng Zhao. Zhao, known as CZ, tweeted on Tuesday evening (UTC time) that Binance would “soon” start to do proof-of-reserves, arguing that: “All crypto exchanges should do merkle-tree proof-of-reserves. Banks run on fractional reserves. Crypto exchanges…
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The crypto markets have been in free fall over the past 24 hours following the revelation that FTX may be suffering from liquidity issues.In what has culminated in a possible acquisition of FTX Exchange by Binance, market participants still seem spooked by recent events as the deal is not yet set in stone…. Read More:…
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The crypto market opened today with a downturn and is set to see some additional plunges down the line. While investors would want to be cautious about moving into the market, several coins could still provide gains. This article will examine some of the digital assets with the biggest prospects. … Read More: Best Cryptos to…
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Binance is pulling out of the deal to buy FTX. On Tuesday 8 November, Binance signed a letter of intention to acquire the failing crypto exchange, although at the time it said the agreement was subject to a due diligence process. But as the contagion from the collapse of the FTX leads to a bloodbath…
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TAMA, the native token for the Tamadoge gaming ecosystem, is set for a major exchange listing. With the digital asset’s price set to surge and most other meme coins on the decline, could it be the subindustry’s next top dog? Tamadoge developers confirmed that their native token, TAMA, will be listed on the Gate.io centralized…
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