Category: Latest news

[ad_1] The Ren Bridge project announced in its ‘Ren Community’ Medium blog on Nov. 18 the ways in which it plans to move forward with Alameda Research. Following the acquisition by Alameda early last year as part of “a partnership with the previous Ren leadership” and the fallout of the FTX event, the update on…

[ad_1] Following the recent collapse of FTX, the fallout spread to Genesis, which had already been bailed out by parent company Digital Currency Group (DCG) earlier this year following the failure of Three Arrows Capital. There are growing concerns over the possibility of the contagion spreading to Greyscale Bitcoin Trust and Digital Currency Group but…

[ad_1] Bitcoin’s mining difficulty is expected to adjust Sunday night/Monday morning (Nov. 20/21.) Currently, over 100% of the mined Bitcoin supply is being spent at the fifth most significant rate ever. Following back-to-back difficulty negative or neutral adjustments, it is possible that Bitcoin hash rate and difficulty may have topped. However, the difficulty is expected…

[ad_1] The collapse of FTX has severely eroded user trust in centralized crypto exchanges. Most investors have finally realized the importance of owning the keys to their digital assets and have moved record volumes of tokens from exchanges to non-custodial wallets. These events brought about a wave of urgency for centralized exchanges to provide reliable…

[ad_1] Earlier this week, cryptocurrency bank Silvergate announced that its exposure to FTX was limited to its deposits. The U.S. bank, which services the majority of the crypto industry in the country, said that it had no loans or investments in FTX. The bank’s statements managed to soothe the market, with its stock posting a…

[ad_1] The Reserve Bank of India (RBI), the country’s central bank, is finalizing the rollout of the retail digital rupee pilot, the Economic Times of India (ETI) reported on Nov. 19. The RBI initiated the wholesale central bank digital currency (CBDC) pilot on Nov. 1 to test its usage in settling transactions in government securities.…

[ad_1] Blockchain and decentralized finance (DeFi) focused security platform Certik’s investigation led to the discovery of the professional “KYC actors” who bypass KYC processes to scam crypto communities, according to a Nov. 17 Certik blog post. A KYC actor is defined as an individual who rogue developers hire to spoof the KYC process on crypto…

[ad_1] Speaking with CryptoSlate’s Akiba on the latest episode of the SlateCast, Johnny Lyu, the CEO of KuCoin, stated that the collapse of FTX was a “huge blow to the entire industry” but that. “Institutions and exchanges are all willing to extend a helping hand for this crisis to go away as soon as possible…

[ad_1] Recapping Mint Season 6, Episode 23 Season 6, Episode 23 of the Mint Podcast with Adam Levy features Gaby Goldberg. She is an investor at TCG Crypto, an early stage consumer crypto fund focusing on web3 scaling, investing in the Passion Economy. Some of these investments include RabbitHole, Archive, and The Hume Collective. She…

[ad_1] Haru Invest offers an alternative to yield farming by providing a custodial solution to leverage market inefficiencies through algorithmic high-frequency trading. Such trading strategies are often reserved for OTC trading firms and hedge funds. However, Haru leverages crypto markets to give access to retail investors. Investors deposit crypto into the Haru Invest app available…