Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Nvidia said its gaming sales for the fiscal Q3 were $1.6 billion, over analysts’ expectations of $1.4 billion.
Binance CEO Changpeng Zhao – CZ – has, however, vehemently denied taking part in the FTX collapse, citing that his exchange is a victim of the situation.
Along with other lawmakers, US Treasury Secretary Janet Yellen also spoke about the need for “more effective oversight of cryptocurrency markets” post the collapse of the FTX exchange.
Following the Binance Pay and Coinbase Pay integration, the Trust Wallet token (TWT) price has gained over 20 percent in the past 24 hours to trade around $2.24.
Matter Labs said that 150 projects have showed the intent to integrate zkSync technology as part of scaling the Ethereum mainnet.
The Coinbase analysis of the current market spills a very troubling outlook for Bitcoin (BTC) miners in the space.
The internet company has faced several challenges this year. One of them was the ban introduced on its prominent Free Fire game in India in early 2022.
The United Kingdom is currently in one of the most troubling recessions on record as the Bank of England has continued to exert monetary policies to control inflation.
The current prediction is that the FTX implosion is going to be accompanied by quite a lot of distress calls from companies who either used the custody service provided by the firm or rely on its DeFi and earnings product to operate.
Ripple published a new whitepaper explaining how the UK can take a lead in establishing crypto standards making it one of the attractive centers for the crypto industry, such as Dubai, Singapore, and the EU.
Prior to its collapse, FTX and its sister trading firm, Alameda Research put up the front as a lender of last resort and made attempts to save the bankrupt firms in the cryptocurrency ecosystem.
Coinbase chief executive Brian Armstrong recently sold over $1.6 million in shares, according to an SEC filing.
Charlie Munger remains unapologetically skeptical about crypto, especially with the recent happenings around the collapse of the crypto exchange FTX.
This announcement signals the developing interest of the central bank in the blockchain space.
The ex-FTX CEO Sam Bankman-Fried posted a series of incoherent and questionable Twitter posts in the wake of the exchange’s collapse.