Contents
While the whole crypto world is watching with open mouths how the story ends with the great fall of FTX and whether ex-CEO of the exchange Sam Bankman-Fried will be arrested, there are other news.
Yuga Labs (creators of the NFT collection Bored Ape Yacht Club) announced the acquisition of WENEW Labs and its flagship NFT 10KTF series. The 10KTF’s minimum price rose 190% in 24 hours to 0.48 ETH.
Bitcoin miner Canaan reported Q3 2022 earnings of $137.5 million, down 40% from the second quarter. Gross profit was $32.9 million, down 74% from the quarter before. Mining farm revenue was $8.7 million, up 19%.
The payment company Visa terminated its global agreement with FTX on the cryptocurrency debit card program, which was signed only in October of this year. This was reported by Reuters.
The brand new newsletter with insights, market analysis and daily opportunities.
Let’s grow together!
According to MistTrack, Ethereum founder Vitalik Buterin sold 3,000 ETH on Uniswap for USDC stablecoins. That’s about $4 million.
Binance CEO Changpeng “CZ” Zhao says his exchange, Binance, is creating an industry recovery fund to help rebuild the crypto world after the damage caused by the FTX crash.
Tron founder Justin Sun said Tron, Huobi Global as well as Poloniex will support Binance’s initiative.
Recent 13F filings with the U.S. Securities and Exchange Commission (SEC) show that over 600…
Switzerland is taking steps to align with international crypto tax reporting standards by planning to…
Hey Crypto Enthusiasts! 👋 🚀 The crypto market is flying up Bitcoin and altcoins…
Since the beginning of April, the cryptocurrency market has seen the creation of over one…
A core contributor of the Solana-based Cypher Protocol, known by the pseudonym "hoak," has admitted…
Israeli fintech company Kima, in collaboration with Mastercard's FinSec Innovation Lab, has initiated a project…