Today at Chaintalk News

December 4, 2022

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Cardano price analysis: ADA rebounds to $0.324 after bullish behavior

Cardano price analysis is bullish today as it is indicating an improvement in price as the bulls are continuing ruling the market for ADA despite the broader crypto market remaining bearish. The past week proved extremely profitable for the coin as the price recovered significantly from the $0.30 range to the $0.32 range. For today … Cardano price analysis: ADA rebounds to $0.324 after bullish behavior Read More »
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Litecoin Creator’s Brother Explains Under What Circumstances Bitcoin Could Go to $10K

Recently, crypto entrepreneur Bobby Lee, who is the brother of Litecoin creator Charlie Lee, shared his latest thoughts on Bitcoin. According to a report by The Daily Hodl, during an interview with Rishaad Salamat and David Ingles on “Bloomberg Markets: Asia” on 21 November 2022, Lee had this to say about Bitcoin: “[Bitcoin] has crashed
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Over Hundred Million XRP Wired by Anon Wallets As They Watch Price Rise 2.3%

Whales have shifted close to 150 million XRP, seeing a small price rise of the coin
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Top US Crypto Exchange Coinbase Adds Three More Under-the-Radar Altcoins to Its Listing Roadmap

Top US-based crypto exchange platform Coinbase is adding three additional under-the-radar altcoins to its listing roadmap. Coinbase announces that Magic (MAGIC), Rocket Pool (RPL) and Aragon (ANT) are now on its roadmap. MAGIC is the token used to operate Treasure, a decentralized video game console. The 235th-ranked crypto asset by market cap is trading at The post Top US Crypto Exchange Coinbase Adds Three More Under-the-Radar Altcoins to Its Listing Roadmap appeared first on The Daily Hodl .
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Crypto Scammer Coin Signals Ordered to Pay $2.8 Million to Victims

Jeremy Spence, better known as "Coin Signals," must pay around $2.8 million to people he conned in his crypto scheme.
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Ethereum: Why investors should look beyond ETH’s current formation

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Long and short-term ETH holders saw gains If BTC’s bearish sentiment persists, ETH could find new support at $1217.22 and $1166.83 Ethereum [ETH] witnessed a drop just as it headed into the weekend. It lost
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Genesis Owes Gemini Earn Users $900M: Report

Gemini has yet to reopen withdrawals for users of its Earn service due to crypto market contagion from FTX.
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Ethereum price analysis: ETH/USD continues to hover around $1,290 with a minor bearish bias

Ethereum price analysis indicates ETH is still trading inside a descending channel pattern but the bulls have made several attempts to make a move above $1,300. ETH has been trading inside a descending channel pattern since the beginning of December and price action is currently trending below the upper boundary of this range. A falling … Ethereum price analysis: ETH/USD continues to hover around $1,290 with a minor bearish bias Read More »
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cointelegraph

How to buy food with Bitcoin?

Users can pay bills with cryptocurrency directly from their crypto wallet or using a payment processor acting as an online crypto payment gateway.

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How to buy food with Bitcoin?

Users can pay bills with cryptocurrency directly from their crypto wallet or using a payment processor acting as an online crypto payment gateway.
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This Chart Pattern Sets XRP Price For 12% Jump; Worth Buying?

For nearly a month, the XRP price has been steadily rising under the influence of an inverted flag pattern. Moreover, the coin price is currently resting at the pattern’s support trendline and shows signs of a bullish reversal. A bull cycle within this pattern may trigger a temporary rally, but is it wise to enter The post This Chart Pattern Sets XRP Price For 12% Jump; Worth Buying? appeared first on CoinGape .
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$35.6M Seized From Insolvent Three Arrows Capital’s Bank Account

The liquidators of Three Arrows Capital (3AC) have publicly criticized the company’s co-founders, Zhu Su and Kyle Davies. For their
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Elon Musk Says Sam Bankman-Fried Probably Donated Over $1B To Support Democratic Elections

Elon Musk hints on his official Twitter account that SBF may have donated more than $1B to the Democratic elections. SBF the ex-CEO of FTX confirmed that he has made undisclosed donations to the republican party, and donated the same amount to both parties. Republican Senator Ted Cruz also called FTX “a Bernie Maddof style fraud that cost investors Billions”. Sam Bankman-Fried, the ex-CEO of now-bankrupt exchange FTX and FTX.US, is said to have donated “dark money” to the democratic
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Bitcoin Mining Gears Q4 Sale Skyrockets in Russia

Despite the volatile price of Bitcoin, a recent analysis by Kommersant shows that purchases of Bitcoin mining devices in the
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Cardano: Assessing the state of ADA after its November plunge

Cardano ended November with the highest development activity ADA started December with the highest staked ratio amongst all Layer 1 tokens Leading layer 1 blockchain Cardano [ADA] closed November with a development activity count of 572.67, putting it 18% ahead of the next highest-ranked asset, data from Santiment revealed. Polkadot [DOT] and Kusama [KSM] were
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An Unknown Individual Signed a Message Associated With BTC Block 1,018, Reward Was Minted 16 Days After Satoshi Launched Bitcoin

On Nov. 15, 2022, a post was created on the forum website bitcointalk.org and the thread’s creator asked people to share signatures tied to some of their oldest mined bitcoin blocks. 11 days later, a newly created bitcointalk.org profile, called “Onesignature,” shared a signed message tethered to an extremely old block reward created on Jan.
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S. Korean court rejects arrest warrant for Terra co-founder Shin

Some in the crypto community argue that the crash of Terra LUNA and UST opened up crypto for a fall. They are not wrong. Since the collapse of Terra, the crypto community has been on a downward spiral for months. Law enforcement all over the world have been on the hunt for crypto criminals especially … S. Korean court rejects arrest warrant for Terra co-founder Shin Read More »
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$SOL: InvestAnswers Host Explains Why Solana ‘Has A Very Good Chance of Surviving’

Recently, James Mullarney, the host of the very popular YouTube channel “InvestAnswers”, explained that although Solana ($SOL) got “a black eye” thanks to its exposure to FTX and Alameda Research, it is far from dead. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses
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Cardano Reigns As The Most Developed Crypto Asset As ADA Leaps Forward

Per data from the on-chain analytics platform, the Cardano blockchain's GitHub code repository recorded 18% more...
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Mozilla Acquire Active Replica to Boost Metaverse Strategy

Internet giant, Mozilla Firefox has acquired Active Replica in its ambitious push to expand its reach in the metaverse The post Mozilla Acquire Active Replica to Boost Metaverse Strategy appeared first on Blockchain, Crypto and Stock News .
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Top 3 Reasons Why Shiba Inu Is Dead

The 2022 market crisis has had a detrimental impact on Shiba Inu (SHIB), a meme coin that totally skyrocketed in value in 2021; getting it the nickname “Dogecoin Killer”. Shiba Inu, however, has tried to negate its “meme” status by incorporating a variety of decentralized finance (DeFi) and non-fungible token (NFT) features. Shiba Inu also The post Top 3 Reasons Why Shiba Inu Is Dead appeared first on CoinGape .
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FTX ex-president plans new crypto startup

A former employee of the United States arm of the embattled crypto company FTX has taken up the initiative to launch a new crypto startup. According to the report, the former president of the U.S. arm of the crypto outfit is presently looking for investors to fund his crypto project. The report mentioned that the … FTX ex-president plans new crypto startup Read More »
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Crypto lender Genesis owes nearly $1B to Gemini’s customers

According to a story that was made public by the Financial Times on December 3 and cited persons with knowledge of the matter, cryptocurrency lender Genesis and its parent firm, Digital Currency Group (DCG), are believed to owe $900 million to the customers of Gemini. According to the report in the newspaper, the Gemini exchange … Crypto lender Genesis owes nearly $1B to Gemini’s customers Read More »
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Bitcoin price analysis: BTC flips back to $16,969 as optimistic momentum continues

Bitcoin price analysis shows an increasing trend for cryptocurrency today. Although the price was facing bearish resistance earlier, the bulls have managed to bring the price to $16,969 in the last 24 hours. The continuation of the green candlestick indicates that the coin value has been increasing once again today. The hourly price prediction confirms … Bitcoin price analysis: BTC flips back to $16,969 as optimistic momentum continues Read More »
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Santiment: FTX Collapse to Benefit Bitcoin in the Long Term

The FTX exchange collapse rocking the entire crypto market could invariably be the catalyst to turn the market around, according to an analysis by Santiment. In a tweet, the crypto market on-chain and social metrics intelligence platform said crypto thrives when exchanges are not the drivers of social engagement around the asset class. Santiment backs
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Crypto Lacks Utility and Could Be Entering an ‘Endless Winter,’ Says Nobel Prize-Winning Economist Paul Krugman

Nobel Prize-winning economist Paul Krugman thinks crypto could be headed for an “endless winter” as most digital assets fail to prove they have real-life value. In a new opinion piece for the New York Times, Krugman says he’s never seen the point of blockchain technology and predicts that the most recent market-wide plunge could be The post Crypto Lacks Utility and Could Be Entering an ‘Endless Winter,’ Says Nobel Prize-Winning Economist Paul Krugman appeared first on The Daily Hodl .
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Terra LUNA Classic [LUNC] Price Prediction 2025-2030: Can LUNC go back to $0.2 soon?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. The Terra Luna Classic (LUNC) rose by 11% within a day, from $0.0001605 to 0.0001906 today. The rise in prices has been witnessed by all the tokens; so
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BAYC Struggles to Survive the Mass NFT Decline As Floor Prices Plummet

The non-fungible token (NFT) market has been plunging along with the rest of the cryptocurrency market. Bored Apes Yacht Club (BAYC), the largest NFT collection by market capitalization, has seen its floor price—the minimum price a piece in the collection sells for—fall 20% in the past week. The sharp plunge has seen the collection’s pieces
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XRP investors can gain profits in Q4, but here’s the caveat for traders going long

XRP witnessed a spike in social dominance, which could lead to a price pump However, sentiment against XRP remained negative On 3 December, crypto analytics firm Santiment tweeted that Ripple’s [XRP] social dominance witnessed spikes over the last few days. This spike could result in short-term positive price action in the near future. However, the coin
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Opera Crypto Browser to Launch Tools to Simplify NFT Creation

Opera Crypto Browser would include a tool for building NFTs using a drag-and-drop interface.
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Terra (LUNA) Price Prediction 2025-2030: Can LUNA cross its ATH?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. LUNA now seems to be on a path to recovery. Early this month, a New York-based consultancy firm JS Held conducted a third-party audit. The finding revealed that
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Trouble at AAX Exchange! May Collapse Next

According to a former executive, most of the employees of Hong Kong's AAX cryptocurrency exchange have left, and the company is not likely to reopen.
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Ankr Exploit Leads to a $5.5M Hole Through BNB Chain Liquidity Pools

Ankr, a supplier of decentralized Web3 infrastructure, issued an early reaction on Friday in an effort to reassure the community following the loss of at minimum $5.5 million through BNB Chain liquidity pools & money markets.
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Ex-SEC Executive Calls Tether a Ponzi Scheme

John Reed, a former employee in the enforcement division of the Securities and Exchange Commission (SEC), has slammed Tether for its lack of transparency.
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Blockaded Palestinians in the Gaza Strip Turn to Bitcoin Amid Financial Chaos (Report)

Stranded Palestinians in the Gaza Strip have reportedly shown an increasing appetite for cryptocurrencies.
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Upbring Uses Crypto to Aid Underserved Children in Texas

Upbring – a nonprofit organization based in Austin, Texas – has stated it’s going to be using crypto and blockchain technology to help more than 11,000 kids in the Lone Star State. Upbring Is Looking to Help Texas Kids Upbring provides three main services: education, resettlement, and foster care. The group seeks to provide aid and assistance ... The post Upbring Uses Crypto to Aid Underserved Children in Texas appeared first on Live Bitcoin News .
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Filecoin (FIL) Price Prediction 2022 — Will FIL Hit $50 Soon?

In Filecoin (FIL) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about FIL to analyze
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Automobile Manufacturer Fiat’s Metaverse Store Launched

One of the world’s top ten vehicle manufacturers, Stellantis, has opened its first virtual metaverse shop selling the Fiat brand
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WAHED Projects Donates 5 Million WAHED Coins to Fund Autism Research and Therapy

Cranfield, England, 3rd December, 2022, Chainwire Investment and philanthropy platform WAHED has donated 5 million of its utility token WAHED
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VeChain (VET) Price Prediction 2025-2030: VET saw $7,500 worth of liquidations, but…

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject VeChain is a flexible enterprise-grade L1 smart contract platform. VeChain started out in 2015 as a private consortium chain, collaborating with a variety of businesses in the supply chain
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WAHED Projects Donates 5 Million WAHED Coins to Fund Autism Research and Therapy

Cranfield, England, 3rd December, 2022, Chainwire Investment and philanthropy platform WAHED has donated 5 million of its utility token WAHED Coin to Fondazione Europea Alessandro Cenci (FEAC) at a private event in Rome. FEAC is an Italian non-profit organization focused on awareness, education and research to improve the care given to children and adolescents on … WAHED Projects Donates 5 Million WAHED Coins to Fund Autism Research and Therapy Read More »
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JPMorgan still sees a need for centralized crypto exchanges post-FTX

Despite the recent implosion of centralized cryptocurrency exchange (CEX) FTX, JPMorgan strategists led by Nikolaos Panigirtzoglou believe such exchanges will continue to dominate the wider crypto ecosystem as decentralized trading platforms face a number of hurdles. First off, decentralized finance (DeFi) protocols rely heavily on CEXs to function properly and “it would likely take a long time until the center of the price discovery process in crypto market shifts from centralized exchanges to DeFi,” the team wrote in a recent note to clients. They added that DEXs are not adequate for big-money investors given their slower transaction speeds or “their trading strategies and order size to be traceable on the blockchain.” For (on-chain) DEXs, since everything can be traced on the blockchain, it's next to impossible to commingle funds without raising attention. That's exactly what FTX (off-chain CEX) reportedly did when it loaned out half of its customer funds to its sister company Alameda Research in an effort to fund risky bets. While overall trading activity on DEXs appeared to have increased in recent weeks, that early-stage shift is more likely a function of the deleveraging that followed FTX’s collapse, the team explained. Bernstein highlighted this trend in a note last week, saying the demise of FTX is putting crypto self-custody , which allows users to store their own tokens instead of relying on off-chain exchanges, “back in vogue.” Moreover, DEX trading volumes for last month hit the highest level seen since May, rising to $103.84B in November versus $57.6B in October, data from DeFiLlama showed, signaling decreased confidence in CEXs. Galaxy Digital ( OTCPK:BRPHF ) founder and CEO Mike Novogratz said the FTX mess is a “body blow” to trust in the crypto industry and trust in the system. But JPMorgan is still taking the contrarian view, noting DEX’s absence of limit order/stop loss functionality, smart contract risk (hacks and protocol attacks), their need for over-collateralization, and the pooling of assets into liquidity pools. “Risk/return tradeoff [is] more difficult to assess in DeFi given the use of different tokens in terms of assets borrowed or lent/collateral posted/received interest payments and given the general absence of limit order/stop loss functionality,” the note read. Bitcoin ( BTC-USD ), the world's largest digital token by market cap, dipped as much as 7.3% in the days following FTX filing for bankruptcy on November 11, though almost all of those losses were erased at the time of writing. All in all, however, the token is was still down over 70% from its November 2021 peak. See why Seeking Alpha contributor Vincent Ventures thinks the "FTX pain is bitcoin's gain." Fellow SA contributor Craig Pirrong assessed the DeFi-CeFi debate, saying the FTX downfall does not mean that centralization of crypto trading is fundamentally flawed, but instead it showcased the “worst way” to pursue centralization .
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Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets

According to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron and Tyler Winklevoss is attempting to recover the funds from Genesis, according to FT’s sources. Report Claims Genesis Owes the Winklevoss-Operated Exchange Gemini $900 Million FT reports that the centralized
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Is Chiliz [CHZ] saving the best for last amid its activity in the…

CHZ registered upticks per its price and volume despite a discouraging performance since the World Cup began Its ecosystem failed to follow the increase, whereas traders seemed to have gained from the development Prior to the ongoing FIFA world cup, there was a lot of hype surrounding blockchain sports token Chiliz [CHZ]. The token, in
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Klaytn (KLAY) Price Prediction 2022 – Will KLAY Hit $1 Soon?

In Klaytn (KLAY) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about KLAY to analyze
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A Bullish Pattern Sets Quant Price On 18.5% Growth; Buy Now?

The Quant price daily chart shows the completion of an ascending triangle pattern. As per the technical setup, the pattern offers a target of the same distance between the neckline and the lowest swing low shot from the breakout point. Thus, the recent breakout from this pattern should assist buyers in surpassing the $150 mark. The post A Bullish Pattern Sets Quant Price On 18.5% Growth; Buy Now? appeared first on CoinGape .
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Elon Musk Releases ‘Twitter Files’ Detailing Censorship Of ‘Hunter Biden Story’

The #TwitterFiles is currently trending on Twitter after Elon Musk released the internal “Twitter Files” on Friday, which revealed that the company responded to a request “from the Biden team” during the 2020 election—just days after Twitter cracked down on Hunter Biden’s (son of US President Joe Biden) laptop story. We’re double-checking some facts, so The post Elon Musk Releases ‘Twitter Files’ Detailing Censorship Of ‘Hunter Biden Story’ appeared first on CoinGape .
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cryptocompare

Miami Nightlife Reeling From Sudden FTX Collapse

Miami’s vibrant nightclub scene, once flush with crypto entrepreneurs, is suffering in the wake of FTX’s sudden bankruptcy. According to a report by the Financial Times (FT), Miami’s nightlife is being impacted by the collapse of crypto exchange FTX. The report claims that club owners in Miami, a city well-known for its vibrant and lavish
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Chainlink (LINK) Price Prediction 2025-2030: LINK’s journey to $500 is probable?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject LINK, the native token of Chainlink, has seen a healthy growth of more than 14% over the past seven days. This is positive news for the crypto ranked 19th
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This Week in Coins: Twitter Speculation Sends Dogecoin Higher, Bitcoin and Ethereum See Green

ETH rose nicely even as the FTX drama continues. Brazilian lawmakers also took a significant step towards regulating cryptocurrencies.
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TRON Unfazed By Decreasing Volumes, Tallies $1 Billion In USDT Inflow

TRON (TRX) remains in a stagnant phase, refusing to make any kind of momentum for an upward run despite a number of positive developments that, in many cases if not all, should have helped trigger a significant price movement. Let’s consider this summary: TRON’s seven-day jump was less than 2% During the last 30 days, TRX has already lost 12% of its value Tron blockchain enjoys a significant boost in its stablecoin inflow Instead, the asset continues to consolidate within a narrow range and is not showing any signs of immediate recovery. According to the latest information provided by Coingecko, at the time of this writing, TRX is trading at $0.053957. It only managed to climb by 1.6% during the last week although it is nursing an increase of 6.3% over the last 14 days. TRON, currently the 17th largest crypto asset in terms of overall valuation with a market cap of $4.97 billion, has already gone down by more than 12% on its month-to-date (MTD) performance. Not even the news of its mother platform registering a massive stablecoin inflow was enough to make the asset push its price to higher levels. Tron has seen significant USDT inflows over the past 2 weeks. In total, over $1 Billion of USDT have entered the chain pic.twitter.com/bbB6XRruvi — DefiLlama.com (@DefiLlama) December 1, 2022 TRON Performs Well In Stablecoin Inflow Last Month Using Twitter, pseudonymous DeFi Llama shared that the Tron decentralized platform observed an inflow of $1 billion USDT for the past two weeks. The most notable date during the said time frame was November 18 when the blockchain registered its highest stablecoin inflow. Meanwhile, November 24 and 28 were the other dates when the network experienced spikes in the particular department. At a quick glance, this development meant that investors are taking action and are showing tremendous trust for the project. Skeptics, however, were quick to assume that might not have been the case and that Tron founder Justin Sun was behind all of it in his attempt to pump liquidity for TRX. Nonetheless, this didn’t help Tron’s crypto asset as it continues to struggle in finding its groove to break out of its slump to surge in value. TRX In Neutral Stance Basing on the crypto’s four-hour chart, it could be noticed that its Awesome Oscillator (AO) was pegged to be at 0.00045. Such value is not indicative of a bullish or a bearish movement, therefore it would make sense to say that TRON is currently caught in a neutral momentum. Related Reading: FTX Crash Triggers Major Selloff In Solana Price – How Deep Will SOL Dive? Source: TradingView Meanwhile, the Directional Movement Index (DMI) suggests there is a strong directional push that is going in the way of buyers. However, buyers may not hold their advantage for a long time as indicated by the cryptocurrency’s Average Directional Index (ADI). As for forecasts for TRX, Coincodex says the asset will experience a slight price decline within the next five days and will change hands at $0.053338 by December 9. Come January 3, the digital coin will possess a lower trading price of $0.039659. Related Reading: Chainlink May Rise 25% This Week As Bulls Work To Reclaim Its Pre-Crash Value TRX total market cap at $4.8 billion on the weekend chart | Featured image from Zipmex, Chart: TradingView.com
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cointelegraph

Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report

The issue is tied to the Gemini Earn program, which offers 8% earn interest on crypto lending and is operated by Gemini in partnership with Genesis.

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cointelegraph

The future of smart contract adoption for enterprises

Smart contacts capable of handling complex computations, while ensuring a level of privacy are the future for enterprise adoption.

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cointelegraph

Avalanche to power Alibaba Cloud’s infrastructure services in Asia

Avalanche’s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche's public blockchain platform in Asia.

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cointelegraph

How to keep your cryptocurrency safe after the FTX collapse

Sam Bankman-Fried’s fraud of misappropriating users’ funds has led investors to explore options that can help safeguard their investments.

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cointelegraph

FTX US ex-president reportedly seeks $6M funding to launch crypto startup

The ex-president of FTX US, Brett Harrison, is reportedly planning to launch a start-up that would build crypto trading software for big investors.

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cointelegraph

NFT Steez and Victor Solomon chat about building in Web3 and the metaverse

This week NFT Steez spoke to award-winning artist Victor Solomon about basketball, the metaverse, Web3 and his unique NFT collection.

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cointelegraph

South Korean judge dismisses arrest warrants for Terra co-founder Do Kwon’s former associates

Judge Hong Jin-Pyo reportedly said there was little risk of Shin Hyun-seong or other Terra associates destroying evidence related to the case against the platform.

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cointelegraph

DeFi ecosystem still haunted by FTX contagion: Finance Redefined

Top-100 DeFi tokens saw a bullish wave with the start of the new month, but many DEX platforms are still haunted by FTX contagion.

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cointelegraph

Never mind FTX — Fine arts institutions should still onboard to blockchain

The strategic adoption of blockchain technology still makes sense, regardless of the distraction FTX created for cryptocurrency.

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cointelegraph

Opera Crypto Browser to enable instant NFT minting through launchpad

Opera executive Susie Batt said that the tool will not have any platform usage fees and will allow people to freely explore the NFT industry.

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cointelegraph

DXY bounces at major support, reducing Bitcoin’s chance at breaking the $17.2K resistance

The dollar index (DXY) found support at a key level, leading traders to question whether BTC will manage to flip $17,250 to support.

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cointelegraph

Dems and Reps join forces to pressure SBF to testify before Congress

“Your willingness to talk to the public will help the company’s customers, investors, and others,” said House Financial Services Committee chair Maxine Waters, addressing SBF.

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cointelegraph

Ankr says no one should trade aBNBc, only LPs ‘caught off guard’ will be compensated

The company stated it would be discontinuing aBNBc and aBNBb tokens “effective immediately,” and that “new ankrBNB tokens will be minted and airdropped to affected aBNBc and aBNBb users.”

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cointelegraph

Price analysis 12/2: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

Bitcoin and altcoins are beginning to flash signals of a potential trend change, but a handful of downside risks remain.

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cointelegraph

3AC bankruptcy process faces challenges amid unknown whereabouts of founders

The liquidators claim Su Zhu and Kyle Davies are located in Indonesia and the United Arab Emirates, where foreign court orders are difficult to enforce.

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cointelegraph

Crypto community weighs in on SBF’s ‘apology tour’

The former FTX CEO is receiving major backlash for his New York Time DealBook Summit and Good Morning America interviews.

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cointelegraph

Legal team for 3AC liquidators blast founders for shifting blame to FTX, media blitz amid bankruptcy

In a bankruptcy court hearing, lawyers for 3AC creditors asserted the firm’s founders “repeatedly fail to engage” with liquidators but weren’t shy about talking to the media.

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cointelegraph

Is Bitcoin the only crypto that will survive FTX? Interview with Bitcoin maximalist

Bitcoin proponent and author Jeff Booth is convinced that the crypto ecosystem will eventually collapse as a consequence of its centralization — except Bitcoin, that is.

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cointelegraph

How NFT court summons could change the legal landscape

Blockchain technology is making its way into the court system, with digital summons being served with NFTs.

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cointelegraph

Bitcoin bulls lie in wait as US dollar strength hits 5-month lows

BTC price performance gains some positive tailwinds, but Bitcoin faces a potential top for U.S. stocks.

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cointelegraph

How smart contracts can improve efficiency in healthcare

From insurance to telehealth, smart contracts are finding use cases across the healthcare industry.

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cointelegraph

Animoca creates billion-dollar metaverse fund for developers

The company’s co-founder announced that the fund is still in the works but plans to provide billions to startups with a metaverse focus.

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cointelegraph

Trader allegedly saw over 5,000x gains after Ankr protocol hack

Ankr announced that it will be reissuing aBNBc tokens, promising that it will assess the situation and compensate affected users.

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cointelegraph

ApeCoin risks 30% crash after APE staking debut in December

ApeCoin price has rallied 50% in the last three weeks but a sell-the-news event risks wiping out those gains.

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cointelegraph

Thai VC fund acquires troubled exchange Zipmex for $100M: Report

Zipmex reportedly plans to use crypto assets received from the acquisition to unlock frozen customer accounts on the platform by April 2023.

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cointelegraph

Bitcoin miner outflow ratio hits 6-month high in new threat to BTC price

Bitcoin miners are upping sales, but BTC price metrics hint that a relief rally could be next.

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cointelegraph

Ukraine collabs with international consultants to update crypto framework

The Advisory Council on the Regulation of Virtual Assets held its first meeting, dedicated to adjusting the National Tax Code to the crypto market.

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cointelegraph

New Cardano algorithmic stablecoin evokes old fears for the community

“I thought we already figured this out, algorithmic stablecoins, not the best option,” a community member wrote on Twitter.

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cointelegraph

Crypto miners in Russia capitalize on the bear market by hoarding ASIC devices

Miners in Russia have likely been increasingly buying crypto ASICs due to reduced prices of mining devices as well as low-cost energy.

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