A Dutch court hearing ruled that the Tornado Cash developer would be held for another three months as the investigation continues.
Month: November 2022
Unique Web3 tech primed to democratize Internet of Things industry
W3bstream, a MachineFi project, is using Web3 technology to decentralize the Internet of Things.
Litecoin pre-halving fractal hints at 200% LTC price rally by July 2023
Litecoin’s momentum indicators signal extremely oversold conditions, hinting at the formation of a potential market bottom.
The Reserve Bank of India to launch a retail CBDC pilot in December
The digital rupee is intended as a supplement to the current payment system and not its replacement.
Cathie Wood’s ARK Invest adds more Bitcoin exposure as GBTC, Coinbase stock hit new lows
ARK Invest scoops up bargains as Coinbase shares hit all-time lows and GBTC trades at a near-50% discount to the already suppressed Bitcoin spot price.
Industry expresses confidence in the NFT space amid the FTX collapse
NFT artist Johnathan Schultz believes that the era of NFTs without utility is dwindling, and to survive, it must outgrow the “memeification” of things.
SBF, FTX execs reportedly spend millions on properties in the Bahamas
At least 19 properties worth around $121 million were reportedly purchased under FTX’s name, Sam Bankman-Fried’s parents and senior-level executives.
Hong Kong believes stablecoin volatility can spillover to traditional finance
According to Hong Kong’s central bank, the interconnection of crypto assets has made the crypto ecosystem more vulnerable to systematic shocks.
Celsius had ‘insufficient’ accounting and operational controls, says examiner
The examiner revealed that Celsius’ digital assets in its customer’s Custody wallet account officially became underfunded on Jun. 11.
US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up
The crypto-skeptic senators suggested the FTX collapse made it “abundantly clear” that the digital asset industry has “serious problems.”