Month: November 2022
Veteran Investor Mark Mobius Expects Bitcoin Price to Fall to $10,000
Veteran investor Mark Mobius, the founder of Mobius Capital, expects the price of bitcoin to fall to $10,000. Nonetheless, he said: “Crypto is here to stay as there are several investors who still have faith in it.” Mark Mobius’ Bitcoin Price Prediction The founder of Mobius Capital Partners, Mark Mobius, shared his latest bitcoin price […]BNB Chain NFT Support Added to OpenSea
OpenSea is bringing NFT support to BNB Chain, which has historically had little volume in the sector versus other chains.
Crypto Exchange Bitfront Shuts Down Amid Industry Challenges
Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated to the collapse of FTX. Line-Supported Digital Asset Exchange Bitfront Suspends New Sign-ups Bitfront, a crypto exchange operating in the […]
Mark Cuban: If I Were Sam Bankman-Fried, I’d Be Afraid of Going to Jail for a Long Time
The billionaire owner of the NBA team Dallas Mavericks and a Stark Tank star, Mark Cuban, says that if he were the former FTX CEO Sam Bankman-Fried, he would be afraid of going to jail for a long time. “I talked to the guy and thought he was smart … I had no idea he […]
Binance Moves Over $2Bn in BTC As Part of a Proof-of-Reserves Audit
Some crypto enthusiasts feared the worst after Binance moved 127,351 BTC to an unknown wallet. It was all part of an audit.
Kraken Settles With The SEC And Pays $362k For Violating U.S Sanctions on Iran
Kraken agreed to pay a fine after the SEC discovered that it had poor oversight of its customers’ geolocation, allowing Iranians to avoid US sanctions.
JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse
JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initiatives, including those focusing on custody, customer asset protection, and transparency. JPMorgan Expects Major Changes in Crypto Industry Post FTX Meltdown Global investment bank JPMorgan published […]FTX Leadership Misrepresented Bahamas Authorities’ Actions, Says AG
The jab is the latest in a series of back-and-forths between FTX’s new management and Bahamian authorities.
Coinbase Eyes Europe Expansion, Hires Four New Executives
Coinbase plans to increase its customer base, expand into new markets, and collaborate with policymakers under the guidance of the new execs.
Kevin O’Leary Reveals How He Almost Secured $8 Billion to Rescue FTX Before It Collapsed
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared how he and Sam Bankman-Fried (SBF) almost raised $8 billion from institutional investors to save crypto exchange FTX before it collapsed. However, when reports emerged of FTX being investigated by several authorities, including the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission […]
