Qatar 2022 Could Take Crypto Sports Betting into the Big Leagues
Yet, although it is a far more widespread form of online gambling, especially in the USA, far less is written...
Month: November 2022
GK8 increases insurance cap on digital assets to $1B
Institutional customers storing Bitcoin and other digital assets in GK8’s cold vault will receive up to $1 billion in insurance...
Kevin O’Leary Reveals How He Almost Secured $8 Billion to Rescue FTX Before It Collapsed
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared how he and Sam Bankman-Fried (SBF) almost raised $8 billion...
Amid Civil Unrest in China, Gold and Silver Prices Hold Steady — Equity, Crypto Markets Flounder
Reports on Monday detail that the zero-Covid policy protests in China have lowered market sentiment as U.S. equity markets show...
Crypto Lender Blockfi Files for Bankruptcy Protection to ‘Maximize Value for All Clients’
On Nov. 28, 2022, the crypto lender Blockfi informed the public via a press release that the company has voluntarily...
Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity
It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has...
Bitcoin capitulations abound — Data shows realized and unrealized losses at record-highs
Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants. Being three...
Meta fined €265M for allowing scrapers to steal Facebook’s centralized user data
Blockchain and Web3 companies are attempting to prevent leaks like these in the future by creating alternative login processes and...
ECB president reiterates calls for ‘MiCA II’ in response to FTX collapse
In June, Christine Lagarde said a potential MiCA II framework “should regulate the activities of crypto-asset staking and lending, which...
FTX collapse impacts Miami’s nightclub scene: Report
Young crypto entrepreneurs went from spending big bucks on champagne showers to being visibly absent from the nightclub scene. The...
Bitcoin’s bottom might be below $15.5K, but data shows some traders turning bullish
Bitcoin whales and market makers continue to add to their leverage long positions, even though it’s unclear whether $15,500 was...
Compound Finance to impose lending caps in light of failed Aave exploit
Some illiquid altcoins will have their borrow limit reduced by upwards of 99%. On Nov. 28, users of decentralized finance,...
Controlling shareholders’ stakes in GBTC are ‘highly illiquid’: Report
"It's net good news for GBTC shareholders and FUD fighting," said Selkis. According to a new Twitter post by Ryan...
US House committee sets Dec. 13 date for FTX hearing
The House event, titled "Investigating the Collapse of FTX," will follow a similar hearing in the Senate Agriculture Committee scheduled...
Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand
Staking infrastructure firm Kiln has closed a $17.8 million fundraising round led by the likes of Consensys, GSR and Kraken...
