โIt shows the weaknesses of this entire sector,โ Yellen said referring to the collapse of Sam Bankman-Fried’s multibillion dollar enterprise โ the same one that was, just months ago, looking to rescue other embattled crypto firms from the market crash earlier this year. Source
Day: November 14, 2022
Michael Saylor and Gary Gensler REACTS To Latest FTX Crash
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Michael Saylor and Gary Gensler REACTS To Latest FTX Crash ๐ Retire With A Crypto IRA/401k – ๐ฐ No Setup Fees, No Cancellation Fees ๐ Join Our Official Telegram Channel – ๐ฆ Join Us On Twitter – DISCLAIMER: We may receive a small commission for any purchases made through our affiliate links. Thanks For Watching Our Video ๐ค Please, like, comment, subscribe, and ring the bell! EVERYTHING helps us grow!. Subscribe Here: โฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌ โฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌ #ftx #sbf #savvyfinance Welcome to “Savvy Finance ๐ค…
Bitcoin miner Canaan scales operations despite low earnings, CEO says
Chinese cryptocurrency mining firm Canaan will continue to expand operations despite the ongoing bear market and an associated drop in earnings, according to the companyโs CEO. Canaan posted a 90% over-the-quarter decrease in net income in Q3 2022, the firm officially announced on Nov. 14. The firmโs Q3 net income amounted to 61.1 million renminbi (RMB), or $8.6 million, which is a 88% decrease from the same period in 2021, Canaan noted. The companyโs revenues dropped about 41% from 1.7 million RMB ($230,000) in Q2 2022, while gross profit plummeted…
St. Kitts and Nevis to Explore Possibility of Making Bitcoin Cash Legal Tender by March 2023 โ Bitcoin News
St. Kitts and Nevis will explore the possibility of making bitcoin cash legal tender by March 2023. The statement was made by St. Kitts and Nevis Prime Minister Terrance Drew as part of the Bitcoin Cash 2022 Conference held in the country, declaring that Bitcoin Cash mining activities will also be explored in the same way. Bitcoin Cash Could Become Legal Tender in St. Kitts and Nevis Next Year The Government of St. Kitts and Nevis will be exploring the possibility of declaring bitcoin cash legal tender as part of…
Correlation Between Equity Markets, Bitcoin Weakens Following FTX Collapse
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
PEGA Pool to Launch in 2023 to Help You Offset Your Carbon Footprint While Crypto Mining โ Sponsored Bitcoin News
sponsored PEGA Pool is an eco-friendly crypto mining pool currently in private beta testing and is expected to be open to the public in the first quarter of 2023. Regarding bitcoin mining, there have always been concerns about its environmental impact; however, now is the ideal time to make a difference and contribute to a greener future by helping create a more sustainable industry. As a means to offset CO2 emissions, a portion of the fees from the PEGA pool will be used to plant trees to offset the emissions.…
30% MOVE COMING SOON? (get ready)!! Bitcoin News Today & Ethereum Price Prediction (BTC & ETH)
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io 30% MOVE COMING SOON? (get ready)!! Bitcoin News Today & Ethereum Price Prediction (BTC & ETH) Welcome back to the Crypto World! In this video I reveal my next Ethereum Price Prediction and my next Bitcoin Price Prediction! Make sure to watch the WHOLE video so you don’t miss out on this valuable information & leave a LIKE and SUBSCRIBE for more videos like this! ๐จ JOIN MY BYBIT TEAM ๐ ๐ ๐ฐ Learn Technical Analysis Here ๐ ๐ โบ I trade…
Hong Kong Crypto Platform Hbit’s $18.1M Stuck in FTX
The collapse of the FTX crypto exchange has sent shockwaves across the crypto industry. FTX’s trouble has caused the crypto market to tumble and the crypto community to worry about how the entire industry will be impacted. Crypto exchange Crypto.com said it had a $10 million exposure to FTX and Genesis, a trading firm, said it had $175 million in locked funds in its FTX trading account, plus many others have reported having exposure to FTX. Source
There Was No Cause to Add FTX to Investor Alert List Before Collapse, Singapore's MAS Says
The Monetary Authority of Singapore said it was not possible to prevent Singapore users from directly accessing overseas service providers, and warned regulations donโt protect against risky speculative trades. Source
Goldman Cuts Coinbase Price Target to $41, Says Exchange is Fairly Insulated From FTX Collapse
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…