Crypto Giant Binance Agrees To Buy Rival FTX Amid 'Liquidity Crunch'
Crypto Exchange Binance signed a nonbinding agreement to buy rival FTX's non-US unit, FTX.com, to help cover a "liquidity crunch" at the cryptocurrency exchange, in a surprise move that lifted cryptocurrencies on Tuesday.
Middle East, Asia And Africa Blockchain Association Launches In Abu Dhabi
A new blockchain and cryptocurrency-focused association has been launched within Abu Dhabi's free economic zone that aims to further the development of blockchain and crypto ecosystems across the Middle Eastern, North Africa, and Asian regions.
Coinbase Says It Has Minimal Exposure To FTX, Downplays Risk
Coinbase said a considerable number of new users have registered on the exchange, prompting a halt in operations temporarily, in a tweet early Wednesday morning Hong Kong time, while the crypto exchange claimed it has limited exposure to the underwater crypto exchange FTX.
Kim Kardashian Looks Set To Win Investor Lawsuit Over EthereumMax: Report
Reality TV star Kim Kardashian looks set to win an investor lawsuit against her and other celebrities over their endorsement of cryptocurrency EthereumMax (EMAX), after a judge tentatively dismissed the case on Monday, according to a Bloomberg report.
FTX Founder Sam Bankman-Fried Removes ‘Assets Are Fine’ Thread From Twitter
Sam Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.”
Tornado Cash Sanctions By U.S. Treasury Come With A New Twist
Troubled cryptocurrency mixer, Tornado Cash problems keeps going from bad to worse. The U.S Treasury now has amended sanctions highlighting its role in North Korea’s nuclear weapons program.
Sam Bankman-Fried’s Net Worth Fell 93% In 1 day, Loses Billionaire Status
The Bloomberg Terminal has updated its estimate of FTX CEO Sam Bankman-Fried’s net worth on Nov. 8 to $991 million, down from $16 billion the day before.
Bored Apes Founders Propose New Model For NFT Creator Royalties
The BAYC founders want an NFT creator royalties model that ensures transferring NFTs between wallets remains free and encourages creators to remain within the NFT ecosystem.
Crypto Market Bleeds Out $100 Billion In FTX Drama Aftermath
After the developments surrounding one of the largest cryptocurrency exchanges sent shockwaves across the crypto sector, most of its participants continue to count their losses, with the market as a whole losing tens of billions of dollars.
Bitcoin, Ethereum, Polygon, & Avalanche Daily Crypto Price Analysis
The global crypto market has witnessed a sharp decline in value as it shed 11.21% in 24 hours. Bitcoin shows negative trend as it shed 10.90%. Ethereum couldn’t improve as it shed 15.88% over the last day. Polygon and Avalanche are both bearish as they have shed 17.71% and 13.27%.
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