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Crypto Mining Activity Peaks As Miners Face Harsh Crypto Winter, Plummeting Bitcoin Price – Bitcoin (BTC/USD), Ethereum (ETH/USD)

While the crypto community was left rattled by the FTX FTT/USD debacle throughout November, crypto mining firms relentlessly pursued all available avenues to shore up revenues and maintain margins. In…

$35.6M Seized From Singaporean Banks By Three Arrows Capital Liquidators

Three months after receiving approval from the High Court of Singapore to start looking into 3AC’s assets there, liquidators for Three Arrows Capital (3AC) seized $35.6 million from the bank…

FTX Japan: Work Is Underway To Enable Withdrawal Of Client Funds

Bankrupt cryptocurrency exchange FTX will allow its Japan subsidiary to resume withdrawals for its clients. Users of the defunct FTX Japan may be among the exchange’s first customers to receive…

Why Custodial Crypto Wallets Trending Again — Are They The Best Way To Store Cryptocurrencies?

Even though 2021 was the best year for digital assets such as cryptocurrencies and non-fungible tokens (NFTs), 2022 has been a washout in comparison and has seen cryptocurrency prices fall to…

Why Binance, Coinbase, And Kraken Have Been Ordered To Disclose Users Data By UK Court – Bitcoin (BTC/USD), Ethereum (ETH/USD)

A London High Court has ordered six cryptocurrency exchanges, including Binance, Coinbase Global Inc COIN, Luno, and Kraken to disclose users’ data as part of a hacking investigation to trace…

Sam Bankman-Fried Responds To Benzinga Over SEC ‘Special Treatment’ Conspiracy Allegations

The best Black Friday deals from Amazon are still coming hard and fast because the holiday is not yet upon us and the mega-retailer prefers to keep consumers on the…

Binance Pledges An Additional $1B For Its Crypto Recovery Fund: What Investors Need To Know – BNB (BNB/USD), Bitcoin (BTC/USD)

Cryptocurrency exchange Binance has pledged another $1 billion towards its industry recovery fund, increasing the total amount of the fund to $2 billion, according to its CEO Changpeng Zhao. Zhao…

US Congressman Says Sam Bankman-Fried Conspired With SEC To Receive ‘Special Treatment’: SBF Responds To Benzinga

The best Black Friday deals from Amazon are still coming hard and fast because the holiday is not yet upon us and the mega-retailer prefers to keep consumers on the…

MetaMask To Start Logging User IP, Ethereum Wallet Addresses With This New Policy – Ethereum (ETH/USD)

MetaMask will start logging users’ IP addresses and Ethereum ETH/USD wallet addresses during on-chain transactions, according to an updated privacy policy agreement released by the wallet’s developer ConsenSys. The data will…

Winklevoss Brothers-Led Gemini Unable To Meet Customer Redemptions As Its Lending Platform Halts Withdrawals – Bitcoin (BTC/USD), GRAYSCALE BITCOIN TRUST by Grayscale Bitcoin Trust (BTC) (OTC:GBTC)

Tyler and Cameron Winklevoss-led cryptocurrency platform Gemini on Wednesday said it will not be able to meet customer redemptions for the next five days after its lending partner Genesis Global…

Mastercard, Citi, Wells Fargo And Others Join New York Fed On Digital Dollar Pilot – Citigroup (NYSE:C), Bank of New York Mellon (NYSE:BK)

Major international banks are teaming up with the New York Federal Reserve for a 12-week digital dollar pilot that will attempt to quantify the impact of digital dollar tokens and…

BlockFi Set For Possible Bankruptcy As FTX Contagion Deepens: Report

A day after BlockFi said that it will explore all options to mitigate its significant exposure to beleaguered exchange FTX, the cryptocurrency lending and trading platform on Tuesday is reportedly…

Cathie Wood’s Ark Invest Buys Grayscale Bitcoin Trust Shares Worth $2.8M – Bitcoin (BTC/USD), GRAYSCALE BITCOIN TRUST by Grayscale Bitcoin Trust (BTC) (OTC:GBTC)

Cathie Wood‘s Ark Invest has purchased Grayscale Bitcoin Trust’s GBTC shares worth $2.8 million. The deal was announced days after the beleaguered crypto fund’s discount hit a new low. Ark…

Blockchain Data Reveals That Alameda Accumulated $60M Of Tokens Prior To FTX Listings – Ethereum (ETH/USD)

Bankrupt cryptocurrency exchange FTX’s affiliated trading firm Alameda Research accumulated large amounts of tokens over the course of a year before FTX announced it would list them, according to an investigation of…

Ethereum Co-Founder Vitalik Buterin Is Planning This Cryptocurrency Safeguard, Changpeng Zhao Tells Benzinga In Twitter Space

Binance CEO BNB/USD Changpeng Zhao on Monday said Ethereum ETH/USD co-founder Vitalik Buterin is planning to come up with a protocol for exchanges to automatically disclose their proof of reserves to users.…

Canaan Net Income Nosedives 88% As Bitcoin Mining Suffers On Heels Of FTX Crumble – Bitcoin (BTC/USD), Argo Blockchain (NASDAQ:ARBK)

Canaan CAN, a manufacturer of Bitcoin BTC/USD mining equipment, reported lackluster third-quarter financial results on the heels of a difficult few months for the crypto industry. According to the Beijing-based…

‘They Just Couldn’t Have So Much Cash’: Binance CEO On His FTX ‘Hunches’ And Importance Of Stablecoins In Bear Market – Binance USD (BUSD/USD), Ethereum (ETH/USD)

Binance CEO Changpeng Zhao shrugged off speculation about stablecoins like BUSD BUSD/USD getting outlawed by regulators in the United States, saying that it was akin to asking if the Moon may…

Why FTX’s Collapse Is The Crypto Equivalent Of The 2008 Lehman Brothers Crisis – FTX Token (FTT/USD)

For what was considered to be the third-largest cryptocurrency exchange in the world, FTX’s rapid decline into bankruptcy has sent shockwaves through the crypto community, spooking millions of investors and…

Crypto.com CEO Says ETH Worth $300M Transferred ‘Erroneously,’ Binance’s CZ Tweets ‘Clear Sign Of Problems’ – Ethereum (ETH/USD)

Crypto.com erroneously sent more than 320,000 Ether ETH/USD worth around $400 million to competing cryptocurrency exchange Gate.io, on Oct. 21, according to the company’s CEO. This information was made public…

$600M In Crypto Mysteriously Flow Out From FTX Wallets As Exchange Potentially Hacked – Ethereum (ETH/USD)

More than $600 million in cryptocurrency mysteriously vanished from the wallets of the bankrupt exchange FTX. In the aftermath, FTX on its official Telegram channel announced that the exchange had…

Binance’s CZ Slams Reports Binance’s Reserves Are Full Of Its Own Tokens: ‘Numbers Are All Wrong’ – (USDT/USD)

Binance CEO Changpeng Zhao on Friday came down heavily on a report the cryptocurrency exchange holds $74.6 billion in tokens, out of which nearly 40% are its own stablecoin BUSD BUSD/USD and native…

FTX, FTX US, Alameda Research File For Bankruptcy: Cryptocurrencies Plummet – Bitcoin (BTC/USD), Ethereum (ETH/USD)

  Beleaguered cryptocurrency exchange FTX, its U.S. subsidiary FTX US and its sister firm Alameda Research on Friday filed for Chapter 11 bankruptcy in a United States court. The stunning…

FTX Looks To Kraken For Help, But Jesse Powell Sees Red Flags – FTX Token (FTT/USD), Bitcoin (BTC/USD)

Even as cryptocurrency exchange FTX struggles to stabilize its financial woes, the company has reportedly reached out to its rival exchange Kraken, with a “potential deal” being discussed. Other facts surrounding the…

Tether Freezes $46M In USDT Owned By FTX In Response To Law Enforcement Request – (USDT/USD)

In response to a request from law enforcement, stablecoin holder Tether USDT/USD has frozen $46 million in USDT on the Tron blockchain owned by the embattled cryptocurrency exchange FTX.  “We are starting…

Billionaire Mike Novogratz Takes Another Hit: First Luna, Now FTX Is Costing His Crypto Firm Millions – Galaxy Digital Hldgs (OTC:BRPHF), FTX Token (FTT/USD)

In a startling revelation amid the fiasco surrounding FTX, Galaxy Digital Holdings Ltd BRPHF revealed it has a $76.8 million exposure to the beleaguered cryptocurrency exchange, out of which $47.5 million is…