News

After the previous week, which saw the deterioration of one of the largest crypto exchanges, this one was significantly less volatile in terms of price movements but quite eventful for reports popping left and right that revealed…
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Jump Crypto, a division of the Jump Trading Group, has denied  rumors circulating online that it intends to wind down operations due to its exposure to FTX losses. According to a tweet shared by the company on Nov. 17, “Jump Crypto is…
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The unforgivable mishandling of customer funds has left millions of users with trapped funds, crippled years of constructive industry reputation, and triggered new credit contagion risks. Amidst this chaos, the native…
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United States Senators Elizabeth Warren and Richard Durbin wrote to the former and current CEOs of FTX — Sam Bankman-Fried and John Jay Ray III, respectively — on Nov. 16 to ask for more information on the collapse of the cryptocurrency…
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No one can blame Bitcoin (BTC) bulls for placing bets at $20,000 and higher for the $600 million weekly options expiry on Nov. 18. After all, this level had provided a solid resistance since Oct. 25 and held for almost two weeks.However,…
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Professional esports organization Team SoloMid (TSM) (previously TSM FTX) has suspended its $210 million sponsorship deal with the now-bankrupt FTX crypto exchange “effective immediately” following the cryptocurrency trading platform’s…
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Football icon Cristiano Ronaldo will soon launch his CR7 NFT collection on Binance NFT. The athlete partnered with the crypto exchange in June to introduce non-fungible tokens and Web3 to his multi-million fan base. One…
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Crypto exchange FTX has lost its Australian licence a few days after it collapsed and filed for bankruptcy. The Australian Securities and Investments Commission…
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The U.S. Securities and Exchange Commission (SEC) says its Enforcement Division “remains focused on the rapidly evolving crypto asset securities space.” The securities regulator filed 760 enforcement actions in total this fiscal year.…
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Nigeria’s National Information Technology Development Agency recently said it has launched a blockchain training program and over 30,000 people are set to participate. The objective of the training course is to make the participants…
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