Sam Bankman-Fried, the former CEO of FTX, has said he won’t testify before Congress until he’s finished learning and assessing what transpired. U.S. Representative Maxine Waters invited Bankman-Fried to appear at a hearing for the U.S. House Committee on Financial Services on December 13 to investigate “what happened” at FTX
Billionaire Mike Novogratz, one of the cryptocurrency advocates, is now included in the catastrophic collapse scenario. Novogratz pulled off his previous prediction that Bitcoin (BTC) will reach $500,000 in five years, blaming the Federal Reserve interest rate hike. The Galaxy Digitals CEO stated that Bitcoin will reach the $500K level,
After months of looking around at other cryptocurrency startups, including a revised bid for Voyager Digital’s assets, cryptocurrency exchange CrossTower Inc has agreed to purchase digital asset trading platform BEQUANT. Through the purchase deal signed on November 28th, CrossTower will get access to over 600 additional professional exchange clients. New
As all the crypto followers know, the year 2022, has not been lucrative like the previous year. However, hopes were not that high for the year 2022. On the contrary, the exact opposite happened. The year 2022, is now considered as a complete ‘Bear Year’, owing to various factors. Accordingly,
It was speculated in September that NFT powerhouse Yuga Labs was developing a new NFT Collection named “Mecha Apes.” Which may be released before the year’s end. The Community Manager for Yuga Lab, Alexei Koseff, just tweeted that the NFT giant would finally release “Mecha Apes” in time for the
A series of tragic incidents have unfolded over the last several weeks in the realm of cryptocurrency. After the FTX collapse, many in the crypto community were terrified. Several layoffs and withdrawal halt was witnessed on a regular basis. The cryptocurrency lending platform BlockFi was hit hard by the decline
In LEO Token (LEO) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about LEO to analyze the future movement of the cryptocurrency. LEO Token (LEO) Current Market Status According to CoinGecko, the price of LEO Token (LEO) is $4.21 with a 24-hour trading volume of
Matrixport Technologies Pte, one of Asia’s largest crypto lenders, is attempting to seek $100 million in new capital at a $1.5 billion value. Due to the FTX crash, big crypto lenders like BlockFi and Genesis have been experiencing a severe shortage of available funds. Financial backers have pledged at least
As per Semafor, Sam is said to be associated with Twitter. The publication mentioned Sam to be holding a $100 million stake in the micro-blogging social media. Twitter chief Elon Musk completely declines this statement. Elon tweeted: No. He may have owned shares in Twitter as a public company, but
The current crypto market is indeed quite complex, and in other words boring with the markets being propagatively low. With lesser activities, the market is on a whole completely drunk and wasted. The situation is not far different for even the largest global crypto exchange, the Binance. Accordingly, on November
