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.
FTX website comes back online with message advising against deposits
https://cointelegraph.com/news/ftx-website-comes-back-online-with-message-advising-against-deposits
https://cointelegraph.com/news/ftx-website-comes-back-online-with-message-advising-against-deposits
Cointelegraph
FTX website comes back online with message advising against deposits
FTX’s, the cash-strapped crypto exchange, website confirmed that it has halted withdrawals and strongly advises users from depositing.
SBF tells investors FTX needs $8B in emergency funding: WSJ
https://cointelegraph.com/news/sbf-tells-investors-ftx-needs-8b-in-emergency-funding-wsj
https://cointelegraph.com/news/sbf-tells-investors-ftx-needs-8b-in-emergency-funding-wsj
Cointelegraph
SBF tells investors FTX needs $8B in emergency funding: WSJ
FTX CEO SBF has reportedly asked investors for $8 billion in emergency funding to cover a shortfall caused by a flood of withdrawal requests.
FTX and Binance’s ongoing saga: Everything that’s happened until now
https://cointelegraph.com/news/ftx-and-binance-s-ongoing-saga-everything-that-s-happened-until-now
https://cointelegraph.com/news/ftx-and-binance-s-ongoing-saga-everything-that-s-happened-until-now
Cointelegraph
FTX’s ongoing saga: Everything that’s happened until now
Cryptocurrency exchanges Binance and FTX have made headlines over the past few days and Cointelegraph has rounded up the major moves that have taken place from the start until now.
Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals
https://cointelegraph.com/news/crypto-com-commits-to-proof-of-reserves-after-halting-certain-deposits-and-withdrawals
https://cointelegraph.com/news/crypto-com-commits-to-proof-of-reserves-after-halting-certain-deposits-and-withdrawals
Cointelegraph
Crypto.com commits to proof-of-reserves after halting FTX-backed Solana deposits and withdrawals
The exchange assured its customers that they can still withdraw USDC and USDT using other supported networks at any time.
‘Twitter will do lots of dumb things’ in the coming months: Elon Musk
https://cointelegraph.com/news/twitter-will-do-lots-of-dumb-things-in-the-coming-months-elon-musk
https://cointelegraph.com/news/twitter-will-do-lots-of-dumb-things-in-the-coming-months-elon-musk
Cointelegraph
‘Twitter will do lots of dumb things’ in the coming months: Elon Musk
Elon Musk says they’ll do “lots of dumb things” on Twitter and will keep what works and change what doesn’t.
Sequoia Capital marks down entire $214M FTX stake to zero
https://cointelegraph.com/news/sequoia-capital-marks-down-entire-214m-ftx-stake-to-zero
https://cointelegraph.com/news/sequoia-capital-marks-down-entire-214m-ftx-stake-to-zero
Cointelegraph
Sequoia Capital marks down entire $214M FTX stake to zero
Three days into the sudden collapse of FTX has been enough for one of FTX’s largest investors, Sequoia Capital to completely write off its nearly $214 million investment into the exchange.
OpenSea to enforce creator royalties on all collections after community outcry
https://cointelegraph.com/news/opensea-to-enforce-creator-royalty-on-all-collections-after-community-outcry
https://cointelegraph.com/news/opensea-to-enforce-creator-royalty-on-all-collections-after-community-outcry
Cointelegraph
OpenSea to enforce creator royalties on all collections after community outcry
OpenSea, the largest NFT marketplace by trading volume, has announced it will continue to enforce creator royalties on all NFT collections.