Glassnode, a popular blockchain analytics company has recently reported that the daily transaction volume of USD Coin (USDC) has increased heavily. It mentioned that the transaction volume has increased four to five times as compared to its primary rival, Tether (USDT). In addition to this, the stablecoin USDC popularity increase …
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It is not more than just two months that the FTX, one of the top cryptocurrency exchanges, has gone through collapse after filing Chapter 11. This took a toll on the entire cryptocurrency market. Following this, the latest crypto news states that Binance loses money worth $12 billion. Although back …
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For the first time, the Federal Reserve of the US warns banks about crypto market vulnerabilities. Cryptocurrency markets are well known for being uncertain, but despite this, they still attract people because of their viability. US financial institutions were advised to be on the lookout for fraudulent activity, regulations concerning, …
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In the latest cryptocurrency news that surfaced on this day, bankrupt Voyager accepts Binance bid. Now, Binance is about to buy the digital assets of Voyager. The deal has been fixed at US$1.022 billion ($1.39 billion). That said, it is a discount on the earlier failed bid attempt while Binance …
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The former FTX CEO arrested. Sam Bankman-Fried, who led the cryptocurrency exchange has been arrested in the Bahamas. The fall of the exchange has got him into this trouble. He was scheduled to appear and testify in Congress on the 13th of December 2022 regarding the fall of the crypto …
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GameStop, the gaming giant has withdrawn itself from crypto initiatives after facing a huge loss. The company suffered a net loss of $94.7 million in the third quarter (Q3). However, it seems that it will continue to move forward with NFT and blockchain technology plans. GameStop Crypto Decline: The Announcement …
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Metallica’s new album launch, and upcoming tour named 72 Seasons are already in the way of launch. The threat actors are undergoing a cryptocurrency scam. The scammers have targeted the metalheads via social media impersonation through crypto giveaway scams. The company was quick enough to point out the hideous side …
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The news of BlockFi bankruptcy has been circulating in the crypto industry for quite some days. People have been saying that BlockFi, a crypto lender, has gone penniless and that it had to file for Chapter 11 similar to FTX. On the 10th of November, when people were already discussing …
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The cryptocurrency market is already enduring a prolonged slump. Amidst this, the FTX collapse brought new troubles for the crypto market. Following the crash, the valuations in the asset class and other assets have been heavily hampered. Founded by Sam Bankman-Fried, a prominent personality in the crypto world, FTX filed …
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Following the FTX Exchange collapse, the crypto company is going through a lot. There have been much-talked warnings of the heavy risks, and the auditors have been put into the spotlight. Here are all the things related to the crypto exchange crash that has affected it greatly. FTX Exchange Collapse: …
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