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Tag: AA News

CryptoCom Sends Letter to Clients Assuring Their Funds Are Safe. CRO Recovers 30% Since Yearly Low

The freezing crypto winter and the fall of the FTX empire have hit the entire industry. As confidence in CEXs dwindles, the CEOs of...

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CryptoCom Accidentally Sends $400 Million Worth of ETH To Gate, Funds Recovered Later

FTX’s collapse stirred the cryptocurrency market in a way that not many expected, but there’s some silver lining, however tiny it may seem. For once,...

Coinbase Dismisses 60 People due to the Intensifying Crypto Winter (Report)

The US-based cryptocurrency exchange – Coinbase – reportedly reduced its team by 60 people following the FTX saga and the consecutive plunge of the...

Elon Musk Says He Had a Conversation With FTX’s SBF on the Twitter Deal

Elon Musk recently said that he had a conversation with Sam Bankman-Fried before the Twitter deal. He also shared some predictions going forward. The world’s...

The Dont Have Anything We Dont Have: CZ on Why The FTX Deal Fell Through

FTX has lost several potential rescuers after shady details of the internal workings continue to emerge. The biggest setback was Binance pulling out of...

Ripple Claims More Decentralization as XRP Holdings Drop to 50%

On Oct. 27, Ripple released its Q3 Markets Report stating that its holdings of XRP have dropped below 50% for the first time. The company...

UK Closes Crypto Platform PGI Global for Defrauding Investors With Over $700,000

The United Kingdom High Court shut down the cryptocurrency firm PGI Global for allegedly running a fraudulent scheme. The company promised investors returns of up...

US Accuses Five Russians and Two Venezuelans of Smuggling Oil, Millitary Equipment Using Crypto

On October 19, the United States Department of Justice (DOJ) accused two Venezuelan citizens and five Russians of using cryptocurrencies to launder money for...

Idea of Tech-Driven Regulatory Framework Under G20 Receives Mixed Reactions  

A day after Indian Finance Minister Nirmala Sitharaman spoke about her plans to work towards a tech-driven regulatory framework for cryptocurrencies under the aegis...

Do Kwon Sorry for Arrogant Tweets, Takes Full Responsibility for Terra’s Collapse

Terra’s collapse is one of the most high-profile events in the crypto industry in recent times. With South Korean authorities and Interpol involved, the...

US Regulators Step Up Scrutiny of the Crypto Industry. 3AC, FTX Under Investigation

Bloomberg reported that the CFTC and SEC are investigating Three Arrows Capital. The US regulators want to understand whether the Singapore-based cryptocurrency hedge fund...

Grayscale’s GBTC Climbs New Record of 36.7% Discount

It has been a dull weekend for Bitcoin struggling to clear the $20,000 resistance zone. Further indicating a potential case of dwindling institutional interest in...

75% of Young US Investors Want to Diversify Portfolios With Crypto (BoA Survey)

Two-thirds of the polled American investors, aged between 21 and 42, believe it is impossible to achieve above-average returns relying only on traditional finance....

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