Author: e_cash_top

—

by

[ad_1] The Monetary Authority of Singapore (MAS) stated that the bankrupt crypto exchange FTX does not operate in the country, Wu Blockchain reported on Nov. 14. The Monetary Authority of Singapore (MAS) response to the FTX incident: https://t.co/VMoN0hPYvm pic.twitter.com/HizRtXXNvw — Wu Blockchain (@WuBlockchain) November 14, 2022 The report noted that the embattled exchange was “neither…

Huobi, Gate.io, Crypto.com see spikes in flow to FTX

—

by

[ad_1] The full consequences of the FTX fallout are still unknown. As FTX, its U.S. subsidiary, and Alameda Research all filed for bankruptcy protection, it could be months before the public gets to see what happened in Sam Bankman-Fried’s crumbled trading empire. Until that happens, what we’re left with is on-chain data that can point…

FTX autopsy triggers Hoskinson-Schwartz feud over allegations of SEC corruption

—

by

[ad_1] A Twitter spat erupted as Input Output CEO Charles Hoskinson commented over alleged SEC corruption, deriding the claim that the securities regulator singled out Ripple and the XRP token. John E. Deaton started the thread, asserting the lack of regulatory clarity on cryptocurrencies is an own goal for the U.S. This train of thought…

Retail traders massively withdraw their BTC from exchanges

—

by

[ad_1] FTX collapse has birthed renewed interest in self-custody among retail users, as many are now moving their Bitcoin (BTC) to cold wallets. Glassnode data, as analyzed by CryptoSlate, showed that retailers are taking out their coins from exchanges at the most aggressive rate, with the withdrawals coming mostly from Crypto.com. Retail Bitcoin Withdrawals (Source:…

Bitcoin miner Canaan seeks to expand operations despite decline in Q3 revenue

—

by

[ad_1] Bitcoin miner Canaan reported a fall in the third-quarter results with revenue seeing a fall of 25.8% from the year-ago quarter. Non-GAAP net income for the quarter was $23.4 million, a decrease of 71.7% from the same period in 2021. The company’s revenue for Q3 2022 was $137.5 million. However, mining revenue in Q3…

DEX trading volumes spike as users leave CEXs en masse

—

by

[ad_1] Confidence in centralized exchanges seems to have reached a new low following the FTX fallout. Trading volumes across all exchanges have experienced a vertical drop over the weekend, as users rush to withdraw their tokens from custodial wallets provided by the platforms. Data analyzed by CryptoSlate showed a drastic drop in Bitcoin’s real trading…

CZ says industry is in pain but it’s business as usual at Binance

—

by

in Guides

[ad_1] Binance CEO Changpeng Zhao said the company hasn’t experienced any serious side effects from the FTX fallout. During an AMA on Twitter Spaces, CZ addressed burning questions from users and community leaders, noting that it’s been business as usual at the exchange. When asked about the proposed recovery fund aimed at mitigating the effects…

Gravity of ‘not your keys, not your coins’ hits home as Trust Wallet spikes 113% to new ATH

—

by

[ad_1] As most cryptocurrencies suffered heavy losses following the collapse of FTX last week, Trust Wallet Token bucks the trend, growing 58% over the last 24 hours. Since Nov 7, Trust Wallet Token increased in value by 113% to lead the top 100 tokens. This run of form has resulted in a new all-time high…

Crypto markets in a lull following FTX hack

—

by

[ad_1] Over the reporting period, the cryptocurrency market cap saw minor inflows of around $6 billion as the industry rose to $841.76 billion as of press time — up 0.72%. Bitcoin and Ethereum’s market cap increased by 0.36% and 0.83% to $321.82 billion and $153.89 billion, respectively. Most of the top 10 cryptocurrencies posted minor…

President of El Salvador says ‘FTX is the opposite of Bitcoin’

—

by