Not just FTX Token: Solana price nukes 40% along with other ‘Sam coins’
https://cointelegraph.com/news/not-just-ftx-token-solana-price-nukes-40-along-with-other-sam-coins
https://cointelegraph.com/news/not-just-ftx-token-solana-price-nukes-40-along-with-other-sam-coins
Cointelegraph
Not just FTX Token: Solana price nukes 40% along with other ‘Sam coins’
Cryptocurrencies exposed to Sam Bankman-Fried and his firms Alameda Research and FTX are fighting for survival.
Meta joins big tech layoffs, lets go of 11,000 employees
https://cointelegraph.com/news/meta-joins-big-tech-layoffs-lets-go-of-11-000-employees
https://cointelegraph.com/news/meta-joins-big-tech-layoffs-lets-go-of-11-000-employees
Cointelegraph
Meta joins big tech layoffs, lets go of 11,000 employees
Mark Zuckerberg’s letter to Meta employees reiterated that it will extend the current hiring freeze over to Q1 of the next year.
Blockchain intelligence firm TRM Labs raises $70M in expanded Series B round
https://cointelegraph.com/news/blockchain-intelligence-firm-trm-labs-raises-70m-in-expanded-series-b-round
https://cointelegraph.com/news/blockchain-intelligence-firm-trm-labs-raises-70m-in-expanded-series-b-round
Cointelegraph
Blockchain intelligence firm TRM Labs raises $70M in expanded Series B round
TRM Labs has announced a $70 million expansion to its Series B funding round, bringing the total raised to $130 million.
MetaMask allows to move tokens on multiple blockchains with new DApp
https://cointelegraph.com/news/metamask-allows-to-move-tokens-on-multiple-blockchains-with-new-dapp
https://cointelegraph.com/news/metamask-allows-to-move-tokens-on-multiple-blockchains-with-new-dapp
Cointelegraph
MetaMask allows moving tokens on multiple blockchains with new DApp
Metamask users can now bridge across multiple blockchain networks using MetaMask Bridges, which aggregates different blockchain bridges in one place.
Fractional NFTs and what they mean for investing in real-world assets
https://cointelegraph.com/news/fractional-nfts-and-what-they-mean-for-investing-in-real-world-assets
https://cointelegraph.com/news/fractional-nfts-and-what-they-mean-for-investing-in-real-world-assets
Cointelegraph
Fractional NFTs and what they mean for investing in real-world assets
The collective ownership that comes with fractional NFTs allows a group of investors to own assets with traditionally high barriers to entry.
Some central banks have dropped out of the digital currency race
https://cointelegraph.com/news/some-central-banks-have-dropped-out-of-the-digital-currency-race
https://cointelegraph.com/news/some-central-banks-have-dropped-out-of-the-digital-currency-race
Cointelegraph
Some central banks have dropped out of the digital currency race
As central banks race to launch CBDCs, some countries have either scrapped or paused their central bank digital money projects, with each one citing their own reasons.
L2 is crucial to Ethereum decentralization, censorship resistance, says researcher
https://cointelegraph.com/news/l2-is-crucial-to-ethereum-decentralization-censorship-resistance-says-researcher
https://cointelegraph.com/news/l2-is-crucial-to-ethereum-decentralization-censorship-resistance-says-researcher
Cointelegraph
L2 is crucial to Ethereum decentralization, censorship resistance, says researcher
Ethereum layer-2 scaling platform StarkWare announces StarkNet Foundation, naming a seven-member board to drive its ecosystem development.
Bitcoin price risks $17K amid claim Binance may reject FTX takeover
https://cointelegraph.com/news/bitcoin-price-risks-17k-amid-claim-binance-may-reject-ftx-takeover
https://cointelegraph.com/news/bitcoin-price-risks-17k-amid-claim-binance-may-reject-ftx-takeover
Cointelegraph
Bitcoin price risks $17K amid claim Binance may reject FTX takeover
Bitcoin suffers as BTC price heads under $17,000 on rumors Binance may not buy FTX.
In staff letter, Binance CEO embraces scrutiny from regulators amid potential FTX deal
https://cointelegraph.com/news/in-staff-letter-binance-ceo-embraces-scrutiny-from-regulators-amid-potential-ftx-deal
https://cointelegraph.com/news/in-staff-letter-binance-ceo-embraces-scrutiny-from-regulators-amid-potential-ftx-deal
Cointelegraph
In staff letter, Binance CEO embraces scrutiny from regulators amid potential FTX deal
CZ said though Binance’s deal to acquire FTX was still ongoing, regulators would likely “scrutinize exchanges even more” and make it difficult to acquire licenses.
Galaxy Digital discloses $77M exposure to FTX, $48M likely locked in withdrawals
https://cointelegraph.com/news/galaxy-digital-discloses-77m-exposure-to-ftx-48m-likely-locked-in-withdrawals
https://cointelegraph.com/news/galaxy-digital-discloses-77m-exposure-to-ftx-48m-likely-locked-in-withdrawals
Cointelegraph
Galaxy Digital discloses $77M exposure to FTX, $48M likely locked in withdrawals
The firm's revenue also declined by more than 80% year over year.
Nexo dodges $219M bullet just days before FTX’s solvency crisis
https://cointelegraph.com/news/nexo-dodges-219m-bullet-just-days-before-ftx-s-solvency-crisis
https://cointelegraph.com/news/nexo-dodges-219m-bullet-just-days-before-ftx-s-solvency-crisis
Cointelegraph
Nexo dodges $219M bullet just days before FTX’s solvency crisis
The crypto lender has thus far dodged all major industrywide crises this year.
Bitcoin sinks to new yearly low at $16.8K as FTX insolvency fears turn into contagion
https://cointelegraph.com/news/bitcoin-sinks-to-new-yearly-low-at-16-8k-as-ftx-insolvency-fears-turn-into-contagion
https://cointelegraph.com/news/bitcoin-sinks-to-new-yearly-low-at-16-8k-as-ftx-insolvency-fears-turn-into-contagion
Cointelegraph
Bitcoin sinks under $16K as FTX insolvency fears turn into contagion
BTC and altcoins are selling off to new yearly lows as FTX’s insolvency continues to negatively impact the crypto market.
Subway accepts Bitcoin, so users can get a sandwich on the Lightning Network
https://cointelegraph.com/news/subway-accepts-bitcoin-so-users-can-get-a-sandwich-on-the-lightning-network
https://cointelegraph.com/news/subway-accepts-bitcoin-so-users-can-get-a-sandwich-on-the-lightning-network
Cointelegraph
Subway accepts Bitcoin, so users can get a sandwich on the Lightning Network
Cointelegraph spoke to a German Subway franchise owner and the CEO of a Switzerland-based Bitcoin company, Lipa, to understand whether Subways across Europe might start accepting Bitcoin.
Post-election roundup: Who were the pro- and anti-crypto winners and losers from the US Midterms?
https://cointelegraph.com/news/post-election-roundup-who-were-the-pro-and-anti-crypto-winners-and-losers-from-the-us-midterms
https://cointelegraph.com/news/post-election-roundup-who-were-the-pro-and-anti-crypto-winners-and-losers-from-the-us-midterms
Cointelegraph
Post-election roundup: Who were the pro- and anti-crypto winners and losers from the US Midterms?
As of Nov. 9, it was still unclear whether Democrats or Republicans will have more political power in the House and Senate to determine legislation on digital assets from January.
NFT trademark filings grow in 2022: Nifty Newsletter, Nov. 2–8
https://cointelegraph.com/news/nft-trademark-filings-grow-in-2022-nifty-newsletter-nov-2-8
https://cointelegraph.com/news/nft-trademark-filings-grow-in-2022-nifty-newsletter-nov-2-8
Cointelegraph
NFT trademark filings grow in 2022: Nifty Newsletter, Nov. 2–8
Nonfungible token project members shared in an interview how NFTs have the power to turn a passive fandom into a more active community.
Binance’s victory over FTX means more users moving away from central exchanges
https://cointelegraph.com/news/binance-s-victory-over-ftx-means-more-users-moving-away-from-centralized-exchanges
https://cointelegraph.com/news/binance-s-victory-over-ftx-means-more-users-moving-away-from-centralized-exchanges
Cointelegraph
Binance’s victory over FTX means more users moving away from central exchanges
Binance faces far less competition in the aftermath of FTX’s fall, but it still may not win a surge in new users.
MiCA proponent cites FTX in advocating for regulation: 'Crypto assets are not play money'
https://cointelegraph.com/news/mica-proponent-cites-ftx-in-advocating-for-regulation-crypto-assets-are-not-play-money
https://cointelegraph.com/news/mica-proponent-cites-ftx-in-advocating-for-regulation-crypto-assets-are-not-play-money
Cointelegraph
MiCA proponent cites FTX in advocating for regulation: ‘Crypto assets are not play money’
EU Parliament Member Berger said proper regulation was needed to avoid issues which “cost enormous trust” in the crypto space, citing FTX's financial difficulties.
OKX, Kucoin say proof of reserves will be ready in a month
https://cointelegraph.com/news/okx-kucoin-say-proof-of-reserves-will-be-ready-in-a-month
https://cointelegraph.com/news/okx-kucoin-say-proof-of-reserves-will-be-ready-in-a-month
Cointelegraph
OKX, Kucoin say proof of reserves will be ready in a month
CZ of Binance recently argued that all exchanges should provide Proof of Reserves to ensure exchanges are not operating on “fractional reserves.”
Bitcoin price hits multi-year low at $15.6K, analysts expect further downside
https://cointelegraph.com/news/bitcoin-price-hits-multi-year-low-at-15-6k-analysts-expect-further-downside
https://cointelegraph.com/news/bitcoin-price-hits-multi-year-low-at-15-6k-analysts-expect-further-downside
Cointelegraph
Bitcoin price hits multi-year low at $15.6K, analysts expect further downside
Analysts discuss what’s next for BTC and altcoins now that FTX will be allowed to fold in on itself.
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Solana TVL drops 32.4% as FTX turmoil rocks ecosystem
https://cointelegraph.com/news/solana-tvl-drops-32-4-as-ftx-turmoil-rocks-ecosystem
https://cointelegraph.com/news/solana-tvl-drops-32-4-as-ftx-turmoil-rocks-ecosystem
Cointelegraph
Solana TVL drops 32.4% as FTX turmoil rocks ecosystem
Solana’s TVL has fallen from an ATH of $10.17 billion a year ago to just $423.68 million today, with its token and TVL being more heavily affected by the FTX fallout.