Now-bankrupt exchange FTX attempted to enter Canada in June 2022, but local regulators have managed to prevent the mess.
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Access real-time blockchain and cryptocurrency news updates from around the globe.
Bahamas reportedly asked SBF to mint new coin after FTX collapse
The FTX collapse has reportedly fueled a major international legal dispute between the United States and the Commonwealth of the Bahamas.
SEC charges FTX CEO SBF for defrauding investors a day after his arrest
SEC has filed charges against the former CEO Sam Bankman-Fried, accusing him of defrauding U.S. customers and concealing the diversion of customers' funds.
SBF planned to blame everyone but himself, shows leaked Congress testimony
SBF blamed the current CEO, his legal counsel, the law firm he appointed for bankruptcy, and Binance CEO CZ, without admitting any wrong on his part.
SEC looks to intercept Grayscale Bitcoin ETF review bid
The SEC is looking to block an appeal from Grayscale Investments after denying its proposed Bitcoin exchange traded fund.
Binance exchange daily BTC withdrawals top $500M as CZ says 'FUD helps us grow'
Bitcoin (BTC) withdrawals from largest crypto exchange Binance have passed $500 million in the past 24 hours as its CEO calls out “FUD.”
Data from on-chain monitoring resource Coinglass shows Binance’s BTC balance decreased by over 30,000 BTC into Dec. 13.
CZ: FUD is "thoroughly annoying"
The latest hotspot for fallout from the FTX debacle, Binance has joined exchanges seeing an exodus of user funds.
According to Coinglass, users withdrew 30,300 BTC ($515 million) in the 24 hours to the time of writing, this accounting for the majority of the week’s 40,150 BTC total.
The abnormal behavior comes as Binance battles what its CEO, Changpeng Zhao (also known as CZ) blanketed as “FUD” on social media.
Binance exchange daily BTC withdrawals top $500M as CZ says 'FUD helps us grow'
Bitcoin withdrawals surge as Binance recovers from a media storm and subsequently accusations of suspicious activity.
Binance exchange daily BTC withdrawals top $500M as CZ says ‘FUD helps us grow’
Bitcoin (BTC) withdrawals from largest crypto exchange Binance have passed $500 million in the past 24 hours as its CEO calls out “FUD.”
Data from on-chain monitoring resource Coinglass shows that Binance’s BTC balance decreased by over 30,000 BTC into Dec. 13.
CZ: FUD is “thoroughly annoying”
The latest hotspot for fallout from the FTX debacle, Binance has joined exchanges seeing an exodus of user funds.
According to Coinglass, users withdrew 30,300 BTC ($515 million) in the 24 hours to the time of writing, this accounting for the majority of the week’s 40,150 BTC total.
The abnormal behavior comes as Binance battles what its CEO, Changpeng Zhao (also known as CZ) blanketed as “FUD” on social media.
What is VeChain (VET) and how does it work?
The fundamental traits of blockchain technology, including decentralization, immutability, transparency and automation, have proven to be capable of several use cases for different businesses. However, due to the costs of creating and maintaining blockchain-powered applications, it can be difficult and expensive for enterprises to fully utilize its benefits.
With the adoption of distributed ledgers, many projects have put efforts to lower the barriers to entry. VeChain is one such blockchain platform built to improve widespread use of blockchain technology. One of the most significant issues facing supply chain organizations is a lack of transparency, which blockchain aims to resolve by enabling businesses to conduct transactions directly and without a third party. It also allows data sharing between stakeholders and supports increased integration of financial and logistical services.
This article will discuss what VeChain public blockchain is, the unique features of VeChain, how VeChain (VET) works, how to buy VeChain and how VeChain staking works.
What is VeChain (VET)?
A public blockchain called VeChainThor is intended for widespread use of blockchain technology by companies of all sizes by acting as the building block for a resilient and expandable enterprise blockchain ecosystem.
According to VeChain, Ethereum remains unsuited for running large-scale commercial decentralized applications (DApps) while being a significant technological milestone. It is because Ethereum does not have a robust governance framework to allow for quick and transparent protocol changes to address emerging issues or breakthroughs.
What is VeChain (VET) and how does it work?
VeChain is a smart contract-compatible blockchain designed to enhance the supply chain and accelerate the mass adoption of blockchain technology.
What is a golden cross pattern and how does it work?
A golden cross is one of the most popular bullish signals for cryptocurrency traders but it does not necessarily mean you should immediately enter the market.
What is a golden cross pattern and how does it work?
A golden cross pattern on the charts excites crypto traders for its promises of profitable opportunities ahead, largely due to its impressive success rate in traditional markets.
The golden cross tends to precede sustained uptrends in contrast with the bearish death cross pattern. For instance, since 1970, the S&P 500 has been returning about 15% gains on average in less than a year after a golden cross’ occurrence.
The golden cross’ record in the benchmark crypto asset Bitcoin (BTC) is similarly impressive. Notably, the indicator has appeared seven times on Bitcoin daily charts since 2010, out of which five have led to massive bull runs.
What is a golden cross pattern?
Before discussing the golden cross, let’s discuss its core component known as moving averages (MAs).
A moving average records the average change in an asset’s price over a specific period. Mathematically, they are measured after adding a set of prices (recorded in a fixed timeframe such as hourly, four-hour, daily, weekly, monthly, etc.) — and by dividing the sum by the number of prices in the set.
Thai SEC to tighten up rules for crypto, focus on investor protection
Thailand's chief regulator highlights the importance of tighter control over the cryptocurrency-related advertisements.
FSB to lay out global standards for crypto regulation: Reports
Dietrich Domanski, the outgoing secretary general of the FSB, said that recent events highlighted that it's "urgent to address risks" within the space.
Not medical advice: Bitcoiner implants Lightning chip to make BTC payments by hand
A Bitcoiner has literally taken the Lightning Network into his own hands, installing a tiny payment chip into his hands to make NFC contactless payments.
Judge orders CFTC to serve Ooki DAO founders with lawsuit
The DAO was initially served with a lawsuit via a help chat box but a federal judge said the regulator “should serve at least one identifiable Token Holder.”
Sen. Lummis still 'very comfortable' with Bitcoin in retirement plans
Crypto winter and calls from other senators to ban Bitcoin in retirement plans haven't shaken the pro-crypto senator's resolve.
It's stacking up: SEC to file separate charges against FTX's SBF
SBF has finally been slapped with criminal charges and will be extradited to the U.S., once there, he will have to face separate charges from the SEC.
Crypto Twitter explodes over the news of Sam Bankman-Fried's arrest
US politicians, crypto execs, and influencers fired up their Twitter apps upon learning of Sam Bankman-Fried's arrest in The Bahamas.
Crypto Twitter explodes over the news of Sam Bankman-Fried's arrest
Crypto Twitter has blown up over the shocking news of Sam Bankman-Fried’s arrest in The Bahamas — many of whom weren’t expecting it to happen so soon.
On Dec. 12, the disgraced FTX founder was arrested by the Royal Bahamas Police after receiving notification from the United States government that criminal charges has been filed against him.
Within hours, politicians, crypto executives and influencers all booted up their Twitter apps to comment on the arrest of the FTX’s former CEO.
New York Democratic Congresswoman Alexandria Ocasio-Cortez, who’s held a fairly neutral view on the crypto industry to date, told her 13.4 million Twitter followers that Bankman-Fried’s was a step in the right direction towards “justice being served,” but noted that the arrest would likely postpone Bankman-Fried’s testimony before the House Financial Services Committee, which was scheduled for Dec. 13.
U.S. Senator and sponsor of the Lummis-Gillibrand Crypto Bill, Cynthia Lummis was also pleased to hear the news, stating on Twitter that the prosecutors made the right decision to hold Bankman-Fried accountable for the “good, old-fashioned fraud” he allegedly committed.