FTX and Tron Have Launched a Highly Suspicious Withdrawal Scheme
Can Vitalik’s praise save MATIC from the upcoming bearish storm
admin2022-11-10T19:30:30+00:00Polygon became the fourth largest network in terms of TVL after overtaking Avalanche The metrics were by and large not in favor of MATIC Vitalik Buterin recently praised Polygon [MATIC] in reply to a tweet about its newly launched zk-EVM, calling it “truly amazing.” Well, Polygon’s ZK-EVM is a layer 2 construction on top of Ethereum that focuses on improving its scalability through mass transfer processing rolled into a single transaction. But more generally, I think we need to stop respecting big-money...
SBF Seeks $9.4 Billion Rescue Package for FTX
admin2022-11-10T18:09:00+00:00In recent news, Sam Bankman-Fried is attempting to put together a rescue plan of up to $9.4 billion for his struggling cryptocurrency exchange, FTX. Bankman-Fried is considering collecting roughly $1 billion from Justin Sun, the creator of the TRON cryptocurrency, $1 billion from the crypto exchange OKX, $1 billion from USDT issuer Tether, and $2 billion from a group of investment firms. According to reports, SBF has not made much headway toward assembling the rescue package yet. However, he has also...
Quant [QNT]: Gauging the after-effects of this pattern’s break to time entries
admin2022-11-10T17:30:52+00:00Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Quant’s sway below its EMA ribbons exhibited a heightened selling edge, can the sellers continue to propel losses? The altcoin noted a substantial spike in its network growth but its social dominance declined Quant [QNT] marked an expected fall from its uptrend amidst the broader market pulldown over the last few days. The ongoing losses pulled the coin below its EMA ribbons and...
Tether Freezes Over $46M of FTX’s USDT
admin2022-11-10T15:50:26+00:00
Key Takeaways
Tether is freezing USDT wallets belonging to FTX. At least 46,360,701 USDT has been blacklisted so far. Tether is reportedly freezing funds by request from law enforcement.Share this article
Centralized stablecoin issuer Tether has frozen funds belonging to FTX.Funds Locked
According to data from Whale Alert, at least 46,360,701 USDT of FTX’s funds was frozen today at 14:11 UTC.While neither Tether’s official Twitter account nor the company’s CEO Paolo Ardoino have publicly disclosed the reason for the freeze, crypto news account db...
FTX Japan Ordered by Regulator to Suspend Operations
admin2022-11-10T15:37:35+00:00According to a formal statement released on Thursday, the local branch of FTX has been instructed to cease operations by Japan’s Financial Services Agency. The order stated that the regulator wants FTX Japan to immediately cease operating as a crypto asset exchange and to stop onboarding new clients until December 9, 2022. In its ruling, the FSA refers to the fact that FTX Japan stopped processing customer withdrawals without announcing a timeframe for their resumption and without pausing new registrations on...
Gate.io Announces It Will Make Its Merkle Tree Proof of Reserves Solution Open-Source
admin2022-11-10T13:00:10+00:00Majuro, Marshall Islands, 10th November, 2022, Chainwire The cryptocurrency exchange Gate.io has made its Merkle Tree Proof of Reserves solution open-source. Announced by Gate.io’s Founder and CEO, Dr. Lin Han today, the exchange hopes other platforms can use its open-source solution to increase transparency and industry health and welcomes other exchanges...
Ethereum [ETH]: Large, small holders attempt accumulation and yet…
admin2022-11-10T13:00:02+00:00Ethereum sharks and whales ramped up coin accumulation as the market attempted recovery Despite the freefall in the alt’s price, holders remain positive Before Binance confirmed withdrawing its offer to acquire embattled cryptocurrency exchange FTX, Ethereum [ETH] attempted recovery on the charts. During the intraday trading session on 9 November, data from Santiment revealed a surge in ETH accumulation by its whales and sharks. Read Ethereum’s [ETH] Price...
Dokoverse NFT Minting is Set to Launch in November –
admin2022-11-10T08:46:04+00:00Dokoverse, the world’s first K-pop Sing2Earn Project, is excited to announce that its NFT minting will kick off soon. The platform integrates NFTs, music, and the CyberPunk Genre to allow users a better experience on the S2E model and in the process, expanding the Korean heritage to the world. Users can enter regular contests, earn tokens and even get a chance to meet a very famous K-Pop producer, Doko. With more NFTs, you get an opportunity to earn more tokens.