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Search Results for: Cryptocurrency

AO ArtBall Changes The Game With A Record-Breaking Serve Of Tickets

VANCOUVER, British Columbia–(BUSINESS WIRE)–$NFT #Facebook—NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO | OTCQB: NFTFF) (“NFT Tech”), a leading technology company partnering with top-tier brands to accelerate their entry into the world of web3 through innovative technologies and unparalleled creativity, is pleased to announce continued sport innovation and the next

November 28, 2022 10 mins read

FTX Fallout Led Parliament Probe Into Singapore Government

The effects of Sam Bankman-Fried’s FTX crypto empire demise have drawn further scrutiny from the Singapore government. On Nov 11, the FTX exchange filed for bankruptcy, and it’s unclear whether the platform obtained money from users for sister trading company Alameda Research. Following that, Big-shot firms are still separating themselves

November 28, 2022 1 min read

Bill Ackman: Crypto Regulation & Need for Self-Policing in the Industry

Billionaire Bill Ackman discussed his opinions on several issues relating to cryptocurrencies, such as crypto legislation in a series of tweets Saturday. He claimed that additional regulations for cryptocurrencies are not necessary. A large portion of the fraud that is occurring involves traditional pump-and-dump scams and custodians failing to protect

November 28, 2022 1 min read

El Salvador Announces Launch of National Bitcoin Office (ONBTC)

The government of El Salvador has upped the ante on its crypto endeavors by establishing a National Bitcoin Office (ONBTC) to monitor and direct all national Bitcoin-related activities. The new organization will be able to collaborate with counterparts in other nations on BTC-related topics. While the cryptocurrency market has been

November 28, 2022 1 min read

Belgian Regulators Classify Bitcoin and Ethereum as Non-Securities

Bitcoin (BTC) and Ethereum (ETH) are not considered securities, according to the Financial Services and Markets Authority (FSMA) in Belgium. Regulatory organizations all over the globe are attempting to define the emergent asset class. But thus yet, only a few of them have been successful. It’s worth noting that the

November 28, 2022 2 mins read

Kiln Announces €17 Million in Funding to Expand Staking Offering

PARIS–(BUSINESS WIRE)–#3KVC–Today, Kiln announced the close of an €17 million financing round to expand their market-leading staking infrastructure product range. Kiln, the leading enterprise-grade staking technology provider, with over $500 million1 of assets staked under management, received funding from Illuminate Financial with participation by a number of leading crypto investing

November 28, 2022 5 mins read

U.S Midterm Elections Donation by FTX CEO Can Be Recovered

The ultimate responsibility is now on SBF’s political contributions, despite predictions from experts that he would likely face prison time for misusing crypto cash. Sam Bankman-Fried’s contributions to the U.S. Midterm Election 2022 made news in the first week of November, just days before the FTX collapsed. SBF was reportedly

November 28, 2022 2 mins read

FTX New CEO John Ray III Criticized by Bahamas Government

The Bahamian government has criticized new FTX CEO John J. Ray III for his role in imposing restrictions on the corporation. The battle to decide what to do with FTX’s broken enterprise has recently intensified. The Attorney General of the Bahamas, Ryan Pinder, said on November 27 that FTX CEO

November 28, 2022 2 mins read

Is Ripple Policy Head Asserting to Prioritize Utility ?

Ripple’s APAC (Asia Pacific) policy director said that the collapse of FTX is exactly why crypto needs to move away from the hype cycle and towards real utility. He also described that the FTX fall is incredible damage for the crypto space, but it says that the industry should stand

November 28, 2022 2 mins read

Bitcoin (BTC) Wallet Addresses Witnessing Downfall

The largest cryptocurrency by market cap, Bitcoin (BTC), is still highly rejected as long as there is still market volatility globally. Over the last weekend, Bitcoin’s price dropped to $15,000 rage, leading to bearish momentum in the global crypto market. Also, Bitcoin wallet addresses fell by over 80%. In the

November 28, 2022 2 mins read