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November 2022

Here's how centralized exchanges aim to win back users after the FTX collapse

Here’s how centralized exchanges aim to win back users after the FTX collapse

We need to stop telling people to trust us and give them a real reason to trust us,” said Bitpanda CEO Eric Demuth. Centralized crypto exchanges play a vital role in the crypto trading ecosystem. It isn’t easy to trust exchanges with user funds. Despite this, cryptocurrency trading platforms continue to believe they can regain […]

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FTX stake in US bank raises concerns about banking loopholes

FTX stake in US bank raises concerns about banking loopholes

The president of the rural bank, Jean Chalopin, is also the president of Deltec Bank, which has Tether and Alameda on its client list. The cryptocurrency exchange FTX’s bankruptcy proceedings have revealed many new aspects of its unethical practices. The recent disclosure of his stake in one of the smallest US banks in rural Washington

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Top Crypto Analyst Maps Path Ahead for Bitcoin, Ethereum, and Litecoin, Urges Caution on Altcoins

Top Crypto Analyst Maps Path Ahead for Bitcoin, Ethereum, and Litecoin, Urges Caution on Altcoins

A well-regarded crypto analyst outlines the future of Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) while warning investors about altcoins. As the crypto king continues to trade below the $17,400 level, it is at risk of making new lows. “The recent rally in BTC still sees price trading below the ~$17400 monthly resistance. If $BTC

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Tether vs. USD Coin on-chain data reveals two very different stablecoins

Tether vs. USD Coin on-chain data reveals two very different stablecoins

Tether’s market cap fell amid the FTX fiasco, while USD coin supply surged by $2 billion, a stablecoin created by Circle Financials Ltd. based in the US takes the lead over its main competitor Tether USDTtickers down $1.00 when it comes to institutional adoption based on on-chain data. USDC daily transfer volumes are higher The

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Sam Bankman-Fried still speaking at events and the community is furious

Sam Bankman-Fried still speaking at events and the community is furious

The former FTX chief said he would be speaking at a conference for the New York Times, the same group that wrote the recent article on Bankman-Fried. Former FTX CEO Sam Bankman-Fried has enraged the crypto community again, this time for his planned appearance at a conference in New York City on November 30. Vocal

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Ethereum developers decided on eight proposals for the Shanghai update

Ethereum developers decided on eight proposals for the Shanghai update

Key features of the Shanghai hard fork will include unlocking Ether (ETH) staked on the Beacon Chain. Ethereum Foundation developers decided to review eight Ethereum Improvement Proposals (EIPs) for the Shanghai Update, the upcoming The Merge Update, and its move to Proof-of-Stake consensus; the Ethereum Foundation announced Nov. 24. In a weekly call, the developers

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Aussies warned to avoid crypto paper wallets they find on the street

Aussies warned to avoid crypto paper wallets they find on the street

Scammers have reportedly left fake crypto fiat wallets in public places as part of a scam to trick Australians out of their cryptos. Australians have been warned to stay away from suspicious-looking fake Bitcoin BTC tickers at $16,604 Paper wallets work by tricking victims into accessing a lucrative crypto wallet but will ultimately take away

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The rise of mobile gaming shared a lot in common with crypto gaming

The rise of mobile gaming shared a lot in common with crypto gaming

Mobile gaming had many skeptics in its early days, but today it dominates 60% of the gaming market. Crypto games follow a similar path. Over the past decade, mobile gaming has become a major pillar of the entertainment market. With access to smartphones, users around the world have entered the realm of hardcore gamers. The

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Stablecoins could offer central banks a shortcut, says New York Fed advisor

Stablecoins could offer central banks a shortcut, says New York Fed advisor

Central banks could use stablecoins instead of developing their digital currencies, New York Federal Reserve research adviser Antoine Martin said at an event in London. Martin previously wrote that stablecoins are unlikely to have a place in the traditional financial system. “Rather than producing retail currency [central bank digital currency], central banks might support stablecoins

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