Solana Community Remains Bullish Despite FTX Fallout
Solana, once championed as the “Ethereum Killer” has seen the price of its native token SOL tank by roughly 47% over the past week dominated by the FTX train wreck.…
Crypto.com CEO Shares Company’s Crypto Reserve Addresses in the Wake of FTX Bankruptcy
On Nov. 11, 2022, the CEO of Crypto.com Kris Marszalek shared the company’s proof-of-reserves addresses that hold leading crypto assets like bitcoin and ethereum. Marszalek says a “proof-of-reserves audit preparation…
Philanthropic FTX Foundation Sunsets Operations Amid Bankrupt Exchange’s Fallout
The philanthropic effort created by the troubled crypto exchange FTX has detailed it is sunsetting operations and told the community that members were “shocked and immensely saddened” by the turn…
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‘DeFi-Killing’ Crypto Law Appears To Be Dead on Arrival, According to Castle Island Ventures Founder Nic Carter
Castle Island Ventures founding partner and Coin Metrics co-founder Nic Carter says the so-called “DeFi killing” crypto bill circulating through Congress is likely dead on arrival. In a new political…
Disney is preparing to cut jobs, according to leaked memo from CEO
/ The company, like many others, is looking to cut costs by reducing its workforce. It’s also looking into hiring freezes, and slowing down travel. Illustration by Alex Castro /…
Worldwide Webb founder explains the role interoperability will play in Web3
On Nov. 11, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with Thomas Webb, the founder of the interoperable avatar game Worldwide Webb, to…
LBank Labs Establishes Blockchain and Crypto Investment Fund to Support the Development of Web3 in Africa – Press release Bitcoin News
press release PRESS RELEASE. Internet City, Dubai, Nov. 11th, 2022 — Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development…
Crypto Exchange Uphold Launches Debit Card With $XRP Rewards
Popular cryptocurrency exchange Uphold has announced the launch of a new crypto-linked debit card for customers in the United Kingdom offering them reward rates of up to 4% in the…
FTX is Bankrupt But You Can Still Trade Crypto There
Bankrupt FTX continues to allow crypto trade despite customers’ inability to withdraw funds. As of 3 pm ET, trading on both the FTX.com website and the FTX mobile app are…
What Backs Tether? 58% US Treasurys and a Mess of Other Stuff
In its latest quarterly assurance report, Tether indicates the top stablecoin’s reserves have seen a reduction in undisclosed commercial paper holdings in favor of US Treasurys. The report, effectively a…