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Top 10 Crypto News, 17th November
Top 10 Articles For The Day. Trending News That You May Have Missed Out On. We Find The News So You Don't Have To!
12:57 17th Nov, 2022

Justin Bieber Paid $1.3M For A Bored Ape NFT & Now It's Worth Of $69K

Bored Ape Yacht Club hype was in full swing earlier this year as celebrities “aped into” the pricey Ethereum NFT collection. Some have even used their Apes to create products, themed restaurants, live performances, and more.

Class Action Filed Against Tom Brady, Larry David & Others Who Endorsed FTX

Tom Brady, Gisele Bundchen, Steph Curry and Larry David are among the stars named in the lawsuit, which was filed by attorneys David Boies and Adam Moskowitz in Florida.

Binance Role In FTX Collapse Under Congressional Scrutiny

Binance’s role in the sudden collapse of FTX, an event that sent reverberations around crypto markets, has come under congressional scrutiny, a senior House Republican confirmed.

Skoda Enters The Metaverse With Launch Of Škodaverse

Automobile manufacturer Škoda has launched its first experience in the metaverse, run on The Nemesis web3 platform with Ready Player Me avatars. The blockchain-enabled Škodaverse aims to provide immersive virtual experiences as well as NFTs for Škoda customers.

El Salvador To Start Buying 1 Bitcoin Per Day, Says Bukele

El Salvador’s president took it to Twitter to announce that the country will resume its BTC buying spree as of tomorrow. Interestingly, Tron's Justin Sun quickly followed up, saying his blockchain project will do the same.

FTX’s New CEO John Ray Coldly Addresses SBF’s Erratic Tweets

The new CEO and chief restructuring officer for the bankrupt FTX cryptocurrency exchange, John Ray, has icily responded to the erratic series of tweets from former CEO and founder Sam Bankman-Fried.

Australian Treasurer Promises Crypto Regulation Next Year Amid FTX Debacle

The Australian government has doubled down on its commitment towards a robust regulatory framework for crypto following the catastrophic collapse of FTX last week.

DeFi Platforms See Profits Amid FTX Collapse & CEX Exodus

A week after the fallout from the FTX and Alameda chaos, some on-chain data points are interesting to observe. Although record amounts of Bitcoin and Ether are leaving the exchanges, not all decentralized applications (DApps) and protocols have shown growth, mainly due to reliance on FTX and Alameda.

Australian Stock Exchange Abandons Blockchain Plans, Leaving $170M Hole

The long-anticipated plans by the Australian Securities Exchange (ASX) to use blockchain to bring its clearing and settlements system into the 21st century have just been canceled.

Bitcoin, Ethereum, Doge & Solana Daily Crypto Price Analysis

The global crypto market has continued to shed value as it receded 1.49% in 24 hours. Bitcoin has shed 1.05% over the last day. Ethereum has continued to show losses as it receded by 2.59%. Dogecoin and Solana are both recessive as they shed 3.90% and 0.87% each respectively.

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