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Search Results for: Cryptocurrency

Indian Finance Minister Backs Web3 at Recent Accountants Event

At Friday’s 21st World Congress of Accountants, Union Finance Minister of India Nirmala Sitharaman forecasted that the introduction of Web3 will revolutionize the management of financial data. The 21st World Congress of Accountants was hosted in India. And was co-organized by the International Federation of Accountants (IFCA) and the Institute

November 21, 2022 1 min read

Candy Club Offers 100,000 Candy-USDT Reward for World Cup Celebration

Hong Kong, Hong Kong, 21st November, 2022, Chainwire   With over 100,000 candy-USDT in prizes, Candy Club World Cup extravaganza will turn up the heat with crypto winter and give crypto fans a much needed cause for celebration over the next 28 days. Throughout the 4 week tournament in Qatar,

November 21, 2022 2 mins read

FTX Japan Reportedly To Resume Withdrawals by Year End

The Japanese branch of cryptocurrency exchange FTX Trading, FTX Japan, is working toward resuming withdrawals by the year’s end. While FTX Japan has temporarily halted withdrawals, an official there indicated on Monday that work is already underway on a new withdrawal procedure. Also, FTX Accounts Drainer keeps transferring crypto assets

November 21, 2022 1 min read

Chia Network COO and President Gene Hoffman to Speak at FT Crypto and Digital Assets Summit

Leading blockchain & cryptocurrency expert will join regulators, industry leaders, and banking executives to discuss the challenges impacting the future of digital assets in 2023 LONDON & SAN FRANCISCO–(BUSINESS WIRE)–Chia Network, Inc. (“Chia” or the “Company”), founded by Bram Cohen to provide an open-source, public blockchain optimized for real-world adoption,

November 21, 2022 2 mins read

Bill Ackman Backs Crypto Project Helium & Reveal Crypto Holdings 

According to the CEO of Pershing Square Capital Management, the contested cryptocurrency project Helium can gain intrinsic value over time. Billionaire investor and hedge fund manager Bill Ackman is bullish on cryptocurrencies, despite the collapse of one of the world’s top crypto exchanges. According to one of Tradefi’s most well-known

November 21, 2022 2 mins read

Whale Alert: Bitfinex Sent 117K Ethereum (ETH) to Unknown Wallet

In the aftermath of FTX’s bankruptcy, the global cryptocurrency market encountered the second massive bear trend in a year. Following that, most of the crypto exchanges were urged to disclose their cold and hot wallet addresses as proof of reserves to lower risks and increase market confidence. As a result

November 21, 2022 2 mins read

Ripple CEO Interested in Buying Assets From Bankrupt FTX

According to reports, Ripple CEO Brad Garlinghouse is looking into buying assets from defunct cryptocurrency exchange FTX. The conversation, according to Ripple’s CEO, focused on whether or not there were any firms held by FTX that Ripple “would want to own.” Garlinghouse told The Sunday Times on the sidelines of

November 21, 2022 1 min read

FTX Calls Out Other Exchanges For Assistance Over Stolen Funds

On Sunday, FTX reached out to other cryptocurrency exchanges for assistance, explaining that stolen monies were being moved from the compromised exchange to third parties wallets. The insolvent firm, now run by John J. Ray III, CEO of FTX, requested that its competitors “take all measures” to recover the money

November 21, 2022 1 min read

Binance Has No Major Plans for the Unviable Indian Crypto Market, Says CZ

According to Changpeng Zhao, the CEO of Binance, India is not much of a crypto-friendly nation. During a recent crypto conference, the head of the world’s leading exchange platform attributed that the current Indian market is unviable to expanding Binance’s operations. Changpeng Zhao stated:  To be honest, I don’t think

November 21, 2022 2 mins read

Ethereum (ETH) Price Falls 8% as FTX Hacker Swaps 30K ETH

Selling pressure was high on Sunday night for the second biggest cryptocurrency in the world, ETH. The attacker who stole $600 million from the FTX exchange was reportedly trading in his Ether for Bitcoin on Sunday, November 20. The hacker exchanged all the stablecoins for Ethereum last week, amassing $288

November 21, 2022 1 min read