CRYPTO
Binance Liquidates Entire FTT Holdings
Binance is liquidating its remaining FTT holdings, according to the crypto exchange CEO Changpeng "CZ".
Crypto Prices This Week: Market Cap Stays above $1 Trillion, BTC, ETH, DOGE, SHIB, AR
The crypto market is generally higher at the start of this week but continues holding a sideways pattern.
Canada's Federal Government Begins Consultations on Digital Currency
The federal government of Canada announced in a budget address that it has started discussions on cryptocurrencies, stablecoins and central bank digital currencies.
JPMorgan Pulls Off First Live Trade on Public Blockchain
Through the trade, JPMorgan was able to issue tokenized $71,000. It was part of the Singapore central bank's pilot programs that are testing the use of DeFi in the banking sector.
China Plays Top Crypto Whale, Followed By US: Sources
Despite its harsh stance on crypto, the China government could still be holding significant amounts of Bitcoins.
Instagram to Run Polygon-backed NFT Marketplace
Meta has announced that social media giant Instagram will be introducing an NFTs marketplace that will run with the support of Polygon.
Huobi is Looking to Move HQ from Seychelles to the Caribbean
Huobi Exchange may be joining other platforms that have relocated their headquarters to the Caribbean Islands
Bitmex to Layoff Employees a Week After CEO Takes Exit
Bitmex has reduced its number of employees as part of a strategy to move away from the company's "beyond derivatives" model.
CoinFund on Hunt for Raising $250 Million
New-York based web3 investment firm CoinFund is on the hunt to raise $250 million just three months after its previous fund. It plans to use the investment to fund seed-stage startups.
Musk's Halloween Tweet Leads to DOGE, SHIB Uptrend
DOGE shot up 14% within minutes following his tweet. However, the crypto shrank down to 12% at press time. While Shiba Inu also went up by around 5% to create a local high of $0.00001032.
Is Bitcoin Gearing Up to Exit the Current Bottom?
Since Bitcoin has been trading above the psychological price of $20K, Glassnode has released its weekly on-chain report titled “Hammering Out The Bottom,” scrutinizing the stakes and the risks that may lay on the road ahead.
HUSD Stablecoin Drops 56% From Dollar Peg Following Huobi Delisting
According to CoinMarketCap, HUSD stablecoin has fallen massively from its $1 peg, dropping to a low of $0.32 following delisting from crypto exchange Huobi on Friday last week.
Hodlnaut Lost $190M from Hong Kong Branch in TerraUSD Wreck
A report from the interim judicial manager has uncovered that cryptocurrency lender Hodlnaut's Hong Kong branch lost nearly $190 million during the collapse of the Terra/Luna digital token in May 2022.
FTX Founder says Hong Kong Could be Top Blockchain Hub in Asia
HKFTW2022: Crypto exchange FTX founder Sam Bankman-Fried said that, unlike the West, although Asia does not have a key web3, blockchain and cryptocurrency hotspot, Hong Kong could emerge as a leader in that sector.
Elon Musk Could Bring More Crypto Use Cases into Twitter: Bloomberg
With Twitter deal now closed, Elon Musk is set to bring radical changes into the social media, including cryptocurrency.