Bitcoin miner Canaan scales operations despite low earnings, CEO says
Chinese Bitcoin mining firm Canaan posted a 90% over-the-quarter decrease in net income in Q3 2022, but it’s not the...
Altcoin News
Crypto.com’s CRO token is in trouble but a 50% price rebound is in play
Short CRO traders were paying as much as 3% premium to long traders on Nov. 14, reflecting extreme bearishness in...
Helping mainstream artists into Web3: The triumphs and struggles
As the music industry continues to push into the Web3 space getting artists both mainstream and up-and-coming has its hurdles...
Elon Musk says BTC ‘will make it’ — 5 things to know in Bitcoin this week
Bitcoin may be bruised, but big names are keeping the faith as data shows investors have seized the chance to...
El Salvador President Bukele says Bitcoin is ‘the opposite‘ of FTX
Despite the backlash he previously received for purchasing BTC as markets crashed, Bukele cited the recent FTX collapse to explain...
Binance creates industry recovery fund to help projects struggling with liquidity
Binance CEO Changpeng Zhao clarified that the project is for other potentially strong projects and not FTX, saying that “liars...
US lawmaker blames ‘billionaire crypto bros’ for delayed legislation
The collapse of FTX has raised alarm bells across Washington D.C. United States congressman Brad Sherman, a known crypto skeptic,...
AAX reiterates withdrawal halt is unrelated to FTX contagion
In a previous post on Twitter, the AAX exchange said it has no financial exposure to FTX and its affiliates....
Exchange outflows hit historic highs as Bitcoin investors self-custody
Confidence in centralized exchanges appears to be waning as Bitcoin flows into self-custody wallets at near-record levels. Bitcoin (BTC) investors...
CZ and Saylor urge for crypto self-custody amid increasing uncertainty
Binance CEO Changpeng Zhao said self-custody is a “fundamental human right,” while Michael Saylor said self-custody is necessary to prevent...
Crypto exchange Kraken freezes accounts related to FTX and Alameda
Kraken said it froze account access to certain funds “we suspect to be associated with ‘fraud, negligence or misconduct’ related...
Payments company Curve bids for BlockFi’s 87,000 credit card customers
A Curve spokesperson has confirmed they have been in negotiations to acquire BlockFi's credit card program's customers since Nov. 12....
CrossTower revises new offer for Voyager’s assets after FTX’s bankruptcy
Voyager reopened its bidding process after FTX US, the original winner, filed for bankruptcy on Nov. 11. Crypto exchange CrossTower...
Developers could have prevented crypto’s 2022 hacks if they took basic security measures
Crypto doesn’t need reversible transactions. It needs real-time threat monitoring and more audits. Users losing funds due to malicious activity...
Liquidity hub Serum forked by developers after FTX hack
SRM and MSRM tokens and fees discounts were not changed and were working as before, said developers. Solana's developers forked...
