📰 SEC Charges Sam Bankman-Fried With Defrauding Investors

Less than 24 hours after the arrest of the disgraced ex-CEO of the bankrupt FTX exchange, the US Securities and Exchange Commission charged him with defrauding investors in crypto asset trading on the FTX platform.

📰 Brazil to Launch CBDC by 2024

To increase the participation of Brazilians in the financial system, the apex bank of Brazil is looking to roll out the digital version of the Brazilian currency by 2024.

⚠️FOMC Interest Rates Hikes decision will be coming out today at 12:30 AM IST⚠️

📰Now, after yesterday's CPI data which came out lower than most people expected at 7.1%, and the latest press conference of the FED Chair. Powell where he indicated an 80% probability of a 50bps rate hike this time and a 20% probability of a 75bps rate hike. There will be definetely a volatility at that time, and at 1:00 AM IST, Powell will speak.

📰Trade Safe🔰🌴

‼️FED HIKES BY 50 BPS (consensus hit)

📰Mithril Demands 200k BNB from Binance Following Delisting

The social media platform Mithril on Thursday requested 200k BNB worth $53 million from Binance following Binance’s announcement of delisting several tokens including MIHT.

📰PayPal is Working with MetaMask for Easy Access to Buy Crypto

MetaMask has added support for Paypal which will henceforth allow users to buy Ethereum directly from the MetaMask software wallet app.

📰Crypto Market Reacts as Bank of England, ECB Raises Interest Rates

The crypto market plunged further on Thursday following the European Central Bank and Bank of England lifting interest rates.

📰Panic as DCG is Reportedly Selling off Assets, Altcoins Plunges

Recently, there has been increased concern regarding the state of finance of Digital Currency Group after Genesis Trading, a DCG lending firm halted withdrawals some weeks ago.

📰 Nigeria May Legalise Bitcoin and other Cryptocurrencies Soon

Africa’s country with the largest economy is looking to join the likes of El Salvador to adopt Bitcoin as a legal tender in the country.

📰Binance.US to Acquire Bankrupt Voyager Digital

As per a recent announcement by Voyager Digital, the US arm of Binance, the world's largest cryptocurrency exchange has agreed to buy the insolvent crypto lender Voyager Digital.

📰Here is Why OKX Halted Withdrawals for Hours

On Sunday, the crypto exchange OKX paused withdrawals for nearly five hours, triggering a new wave of cryptocurrency exchange insolvency.

📰Sam Bankman-Fried Agreed to be Extradited to the US - Report

Earlier this month, the former CEO of the insolvent FTX cryptocurrency exchange was arrested in the Bahamas after the US government filed criminal charges against him.

📰Visa Proposes Plans for Automatic Bill Payments from Crypto Wallets

As crypto adoption increases, financial services providers are increasingly exploring different ways to help crypto holders spend their holdings.

📰Coinbase Secures Regulatory Approval in Ireland

Amidst the prolonged crypto dip, and crypto firms' insolvency, Coinbase's quest to expand across Europe is on the rise.

Following the recent collapse of the FTX cryptocurrency exchange, investors and traders of crypto are wary of what could be the fate of crypto, influencers are spreading insolvency rumors about other crypto exchanges, creating FUD in the crypto space; are you worried about the fate of crypto after the collapse of the FTX exchange?

Have you been informed that the event may affect crypto adoption?

Read MyCryptoParadise blog for researched based content about What is Next After the FTX Collapse.

📰Sam Bankman-Fried to be Released on $250 Million Bond

After the Thursday court ruling, it seems the 30-year-old Bankman-Fried will be celebrating Christmas out of detention, but not outside his parent's house.

📰Crypto Miner Core Scientific Files for Bankruptcy

As crypto firms continue to face insolvency issues, the US leading Bitcoin mining firm Core Scientific filed for Chapter 11 bankruptcy on Wednesday as a protective mechanism against creditors.

📰South Korean Authorities Seize Crypto From Nearly 6,000 People

According to recent data released by the South Korean National Tax Authorities, South Korean tax officials have seized crypto from 5,741 people since 2020.

📰Brazilian President Signs Crypto Regulation Bill

Following the approval of the crypto regulation bill by the Brazilian parliament, Jair Bolsonaro, the President of Brazil signed the crypto regulation bill into law on Thursday.

📰Crypto Wallet BitKeep Hit With $8 Million Exploit

While the BitKeep team is busy celebrating Christmas, hackers are busy draining their wallets and about $8 million in various cryptocurrencies have been drained from users' wallets.

📰Japan is Reportedly Lifting Ban on Foreign-Issued Stablecoins

The Japan Financial Service Agency (FSA) is reportedly looking to lift the ban on foreign-issued stablecoins like Tether’s USDT by 2023.