INX submits bid for Voyager Digital’s assets

Trading platform INX has submitted a bid for an undisclosed amount to purchase the assets of crypto brokerage firm Voyager Digital. In a Nov. 30 announcement, INX said it had sent a non-binding letter of intent for Voyager’s assets following the platform’s filing for bankruptcy in July. According to INX CEO Shy Datika, the bid was aimed at providing “credibility, technology, and unique regulatory positioning” for Voyager users seeking stability in a volatile market. Voyager’s original bankruptcy filing from the Southern District Court of New York suggested the firm could…

Telegram CEO Durov Plans to Build Crypto Wallets, Decentralized Exchange

The statement is the first confirmation of Telegram’s direct involvement with integrating TON blockchain into the messenger. Earlier, Durov spoke of the blockchain development as a community project Telegram was just happy to watch. The system, earlier known as Newton and Toncoin, is one of two rival projects that grew out of the initial TON concept developed by Telegram; both were developed by the community of supporters, however, only one ended up with Telegram’s official recognition. Source

John McAfee tells the story of how he first found out about Bitcoin

From the Cointelegraph archives, John McAfee tells his crypto story and takes a look back at his very fascinating life. Early in his life, the computer programmer landed a job at the United States National Aeronautics and Space Administration, also known as NASA, and worked on the world’s first weather satellite. There, he learned about computer security and people’s concerns over unauthorized actors gaining access to private data. McAfee also shared that he made all his money not from the popular “McAfee” antivirus software but from other projects. He explained:…

Blockchain Protocol Komodo Offering Three-In-One Wallet, Cross-Chain Bridge and DEX

“Most internet users spend all day opening and closing new tabs, so the wallet and crypto experience should be integrated with the way we already use the internet, rather than asking users to download browser extensions or additional software to access their funds,” said Komodo Chief Technology Officer Kadan Stadelmann. “Crypto should be as easy as opening a new tab from any device, on any operating system, while still being your own custodian of your funds.” Source link

Coinbase Drops XRP & Other Tokens, Cites Low Activity

As the FTX saga continues, all eyes are on crypto exchanges: Coinbase, Crypto.com, Binance and the like all have hefty sets of eyes on their next moves. There is plenty to be said for the state of crypto exchanges today, but Coinbase’s announcement of the delisting of several tokens: BCH, ETC, XLM, and XRP. Let’s dive into the state of crypto exchanges currently, and more on Coinbase’s latest announcement. Exchange: Status Check While Binance CEO Changpeng ‘CZ’ Zhao has seized the spotlight as crypto’s ‘main character’ lately, Crypto.com’s leadership team –…

LTC Nears 6-Month High, as Near Rebounds From Recent Lows – Market Updates Bitcoin News

Litecoin has been a notable mover on Nov. 30, as the token edged closer to a recent six month high. Following yesterday’s gains, cryptocurrency prices remained in the green on Wednesday, with the global market capitalization up 2.07% as of writing this. Near protocol also surged today, as prices rebounded from recent lows. Litecoin Litecoin (LTC) moved closer to a six month high on Wednesday, as the token rose for a second straight session. LTC/USD rallied to an intraday high of $79.73 earlier in today’s session, less than 24-hours after…

Broker-Dealer INX Digital Bids to Purchase Voyager Assets

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Elon Musk Implores Fed to Cut Interest Rates or Risk Economy Tumbling into ‘Severe’ Recession

Tesla boss Elon Musk opines that the Fed’s attempts to stem inflation may inadvertently induce a full-blown recession. Elon Musk believes that the Federal Reserve must cut interest rates immediately or risk incurring a severe recession. The outspoken Tesla CEO made his opinion known in an early tweet Wednesday, which read: “Trend is concerning. Fed needs to cut interest rates immediately. They are massively amplifying the probability of a severe recession.” According to Musk, the Fed’s attempt to rein in runaway inflation could worsen the economic situation. As it stands, the prices have skyrocketed, and…