Blockchain Financial News

17.11 / 05:23

business Blockchain Sport Gaming Deal Esports team TSM suspends $210M sponsorship deal with FTX

Professional esports organization Team SoloMid (TSM) (previously TSM FTX) has suspended its $210 million sponsorship deal with the now-bankrupt FTX crypto exchange “effective immediately” following the cryptocurrency trading platform’s shock collapse last week.

17.11 / 03:31

Blockchain Technology Tech FTX just imploded, and Jack Dorsey wants to talk about the next stage for crypto?

It's barely been a decade since the launch of Web3, and some are already talking about the next generation of the web Web5.

17.11 / 00:45

business Blockchain FTX class action Tom Brady and other celebrities named in class action lawsuit against FTX

Former FTX CEO, Sam Bankman-Fried ‘SBF’, as well as a number of celebrities who endorsed FTX, have been named in a class action lawsuit filed on Nov.15 in Miami.

16.11 / 22:55

business Blockchain FTX Reserve Bybit releases reserve wallet addresses amid calls for transparency

Crypto exchange Bybit publicly released the addresses of its largest crypto wallets on Nov. 16. This came on the heels of FTX’s collapse and calls within the industry for greater transparency. Bybit listed the addresses in a press release.

16.11 / 22:55

business Blockchain Technology Blockstream CEO Adam Back talks Bitcoin over a game of Jenga

Ever since his childhood years, Adam Back, now CEO of Blockstream, would spend his time fidgeting with programming code to look for encryption keys embedded in the software. Born in 1970, the London native completed his A-levels in mathematics, physics, and economics before focusing on computing science and earning a Ph.D. from the University of Exeter. Having devoted his career to applied cryptography, Back invented HashCash in 1997, a proof-of-work system used to limit email spam and denial-of-service attacks that later became more renowned for its use in Bitcoin. In fact, Back was one of the few people to be cited in the original Bitcoin whitepaper.

16.11 / 22:39

Dogecoin Blockchain Tesla Highways Dogecoin and Solana Is Heading To ZERO In Terms of Value! - Experts Explain Why Snowfall Protocol Is Better

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16.11 / 19:35

Blockchain Provident Digital Bitcoin Can HR Leaders Diversify Retirement Plans with Bitcoin?

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

16.11 / 18:29

Blockchain Binance regulation investigation Investigations 27,000 requests last year: Collaboration key for Binance’s Investigations team

Historical crime has left a proverbial black mark on the cryptocurrency ecosystem with multi-million dollar hacks, scams and fraud cases grabbing headlines around the world.

16.11 / 18:03

business Blockchain Grayscale Withdrawals Crypto lender Genesis Breaking: Crypto lender Genesis Global halts withdrawals

According to a new tweet by Genesis Global on Nov. 16, the institutional crypto lender said it would “temporarily suspend redemptions and new loan originations in the lending business.” In explaining the decision, the firm cited “unprecedented market turmoil” related to the collapse of troubled cryptocurrency exchange FTX, resulting in “abnormal” levels of withdrawals that Genesis Global claims to have exceeded its current liquidity.

16.11 / 16:35

Blockchain UPS Twitter Strategy Blockchain Gaming Elite Team Up for Inaugural GAM3 Awards

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

16.11 / 16:35

Blockchain BTC Bitcoin Pantera Capital Believes Bitcoin Will Hit $150,000 Soon, Here’s How and When

Crypto asset manager Pantera Capital believes bitcoin (BTC) will hit close to $150,000 sometime in the first half of 2025, while also hinting that this cycle’s bottom could be right around the corner.

16.11 / 15:09

Blockchain Funding TradFi The key to bridging the gap between crypto and TradFi

The gap between traditional finance and the cryptocurrency world is still vast. However, up-and-coming solutions like Source of Funds checks can change that. Blockchain analytics and compliance companies are already looking into ways to legitimize users’ cryptocurrency assets and their origins for traditional financial institutions.

16.11 / 15:09

Blockchain Adoption Digital Court UAE regulator adopts blockchain to speed up commercial judgments

A judicial authority established by the United Arab Emirates (UAE) Federal Decree has adopted blockchain technology to save time and costs related to the enforcement of commercial judgments.

16.11 / 15:09

Blockchain Adoption coinbase end FTX crisis could extend crypto winter to the end of 2023: Report

The FTX crisis has deterred investor confidence and created a liquidity crisis in the crypto market, which could very well extend the crypto winter until the end of 2023, according to a new report.

16.11 / 15:09

Blockchain Technology Bitcoin Island nation turns to metaverse to preserve its disappearing heritage

In the South Pacific, the island nation of Tuvalu decided to turn to Web3 technology in order to make sure its culture and society are preserved in the future.

16.11 / 09:29

Blockchain Stablecoin Binance SEC Usd Coin Circle marks a possible $3B loss from Binance stablecoin conversions

Circle, the company behind the issuance of USDC Coin (USDC) said recent events have caused it to miscalculate its financial projections — referring to the collapse of FTX and a decision by rival exchange Binance.

16.11 / 05:49

Government Blockchain regulation FTX Australia's license suspended as 30K Aussies left in the lurch

Australia’s financial markets regulator has suspended FTX Australia’s financial license following the appointment of a voluntary administrator to help nearly 30,000 Australians and 132 Australian companies get their funds back from FTX.

16.11 / 00:33

business Blockchain defi Bankruptcy Withdrawals FTX fallout continues: BlockFi reportedly mulling bankruptcy, SALT pauses withdrawals and deposits

In an official update sent to clients on Nov 14, BlockFi admitted to having “significant exposure” to FTX and its affiliated companies, but insisted it had “the necessary liquidity to explore all options”. The news came as somewhat of a surprise since on Nov. 8, BlockFi’s founder and chief operating officer, Flori Marquez, assured users in a Twitter thread that all BlockFi products were “fully operational” because it had a $400 million line of credit from FTX US, which is a separate entity from FTX, the global entity affected by the liquidity crunch.

16.11 / 00:31

business Blockchain NFT Metaverse acquires Yuga Labs acquires Beeple’s 10KTF game, hints at metaverse integration

Yuga Labs, creators of Bored Ape Yacht Club (BAYC), have acquired 10KTF; the NFT game founded by digital artist Michael Winkelmann, also known as Beeple.

16.11 / 00:21

Blockchain Platform Infinity Battle Infinity New DEX Launching Tomorrow – Here’s What You Need to Know

Battle Infinity is set to launch its decentralized exchange (DEX) on November 16. For interested investors, here’s what you would want to know:

15.11 / 23:03

Blockchain UPS Extreme QNT Is QNT the Best Crypto to Buy Now - Quant Price Prediction

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

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