Tag Archives: News

Ripple price started a fresh decline from the $0.3950 zone against the US dollar. The price is now trading below $0.3800 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $0.3800 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.3400 support zone. Ripple price is struggling below $0.380 against the US Dollar, similar to bitcoin. XRP price...

The FTX collapse has been all everyone’s talked about over the last month or so, and it appears that many people and businesses that were once tied to the now failed exchange are looking to distance themselves from it and quickly. The Miami Heat Is Ending Its Relationship with FTX One of them is the FTX Arena, which hosts home games for the Miami Heat. It’s now looking to end its relationship with the disgraced trading platform and change its name fast. In a statement,...

Following the collapse of famed crypto exchange FTX, Ethereum co-founder Vitalik Buterin is planning a new set of protocols that would help exchanges show their customers what reserves they have in place. Vitalik Buterin Says Exchanges Need to Be Clear One of the big things that allegedly led to the fall of FTX was the sudden and unexpected “liquidity crunch” the company seemed to endure last-minute. It was stated in a series of messages online that Sam Bankman-Fried,...

Many are wondering where Sam Bankman-Fried of FTX fame (or rather notoriety, at this point) has gone. The executive resigned from his company in mid-November following its collapse and he hasn’t been seen or heard from since. Has Sam Bankman-Fried Gone Missing? So, where is he? There seems to be a wide array of speculation online about what has become of the executive, with some claiming he has taken a private jet and fled to Argentina. Allegedly, one news source sent...

Nearly half a billion dollars has been taken out of the now failed FTX exchange, and nobody really seems to know where the money went. Money Is Missing from FTX Spokespeople for the crypto exchange claim that “unauthorized transactions” are what caused the money to disappear, and it is being said that the company might have been hacked and the money stolen. The question is, “By who?” At the time of writing, the company has moved whatever funds it still had into cold...

Brad Sherman – a cryptocurrency skeptic and congressman – says crypto billionaires are largely responsible for the fact that digital asset regulation has taken so long to arrive. Brad Sherman Wants Regulation NOW In a recent interview, Sherman said that the collapse of the leading exchange FTX in mid-November is reason enough to get the ball rolling on digital currency regulation. He mentioned: The collapse this week of one of the largest cryptocurrency firms in the...

Romance scams are a growing trend in the digital currency arena, and one woman – Lauren Duncan – is sharing her story hoping that people can be saved from the same scenario that almost plagued her. Lauren Duncan Nearly Became Another Crypto Victim Duncan, like many people in America, was looking for love online one day and went so far as to join Hinge, a dating app that’s designed to be deleted once a person has found their special someone. Duncan indeed found someone...

It’s been so many years, and yet the shadows of the dark web platform Silk Road are still with us. Silk Road operated under the illicit hand of Ross Ulbricht and was known for being a market where individuals could pay for drugs, guns, and other illegal items with bitcoin and cryptocurrency. A Lot of Silk Road Money Has Suddenly Turned Up Now, it appears the U.S. Department of Justice (DOJ) has seized more than $3 billion in BTC from a man that “unlawfully obtained”...

Abu Dhabi has launched a new organization it’s calling the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA). The non-profit is built to bring industry leaders together to discuss the major challenges the crypto industry brings to the region and to see how best to integrate crypto into everyday life. The MEAACBA Will Seek to Strengthen the Crypto Space Among the financial companies that have already joined the MEAABA include Bit Oasis, a...

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