The crypto market is undergoing one of its lowest cycles since the turn of the year. Some crypto forecasts predicted a more positive outlook for the crypto market for November. However, events changed things negatively. The U.S. Federal Reserve (Fed) held onto the rates hike, and FTX’s collapse further plunged the market into chaos. After…
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U.S. Congressman Tom Emmer says the FTX meltdown is not a crypto failure but a failure with SEC Chairman Gary Gensler, former FTX CEO Sam Bankman-Fried, and centralized finance. “We need to get to the bottom of this. We need to understand why Gary Gensler and the SEC were not doing their job,” the lawmaker…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Australia Sues Block Earner, Hacker Steals $42M from Fenbushi Founding Partner, DBS Completes Repurchase Transaction on a Blockchain-based Network Read more »Sign up for e-EUR – the progressive…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: News Summary: Indian CBDC Pilot to Launch Within a Month, Three Arrested for Major Crypto-related Crimes, EQONEX Files for Debt Restructuring Read more »Sign up for e-EUR – the progressive stablecoin
Across crypto and fiat, many consumers are making a fatal error: they’re letting their assets sit idle in accounts without earning interest. There’s no escaping it: the DeFi markets have cooled down over the past year. After breaking $180 billion in total value locked last November — coinciding with Bitcoin racing to a new all-time…
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Major decentralized exchange (DEX) Uniswap has upgraded its privacy policy and now collects certain on-chain and off-chain data from users, a move that has attracted the ire of some members of the crypto community. Uniswap Labs, the development firm behind Uniswap, announced the news in its privacy policy update in a November 11 post, which ostensibly fell…
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Ethereum co-founder Vitalik Buterin says many people in the Ethereum community see the FTX collapse “as a validation of things they believed in all along: centralized anything is by default suspect.” However, he warned that automatically downgrading every single thing former FTX CEO Sam Bankman-Fried believed in “is an error.” Vitalik Buterin on FTX Meltdown…
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Li Gong is Partner at venture capital firm Youbi Capital.__________ Forget the “crypto bro”, web3 is rapidly maturing. Next-gen tech, funding interest, and emerging platforms contribute to a sector growing 40% every year. As a result, thought leaders, founders, and entrepreneurs are jumping ship from web2 to web3…. Read More: The Pros and Cons of…
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Lex Sokolin is Head Economist at major blockchain company ConsenSys.__________… Read More: Moving From Crypto Winter To Winter Spring: Lessons from Bear Market and When the Winter Will End Read more »Sign up for e-EUR – the progressive stablecoin
It’s time for NYDIG to chip in. The FTX fiasco is the theme of the month in the crypto world, and the show’s just beginning. The NYDIG research team avoids the temptation to summarize the whole saga and goes straight to the implications of the fall of Sam Bankman-Fried’s empire. “Some signs of contagion have…
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