November 2022 | Page 2 of 144 | Last Cryptocurrency News Feed

Decentralized Exchange GMX Flips Uniswap in Daily Revenue for First Time Ever

According to the most recent data, GMX earned more daily revenue than Uniswap, becoming the market leader for the first time ever. Delphi Digital reported that the platform raked in $1.15 million in trading fees, while that of Uniswap stood at $1.06 million. Moreover, GMX is now the fifth-largest decentralized application on Token Terminal’s dashboard,…

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Kraken Slashes 30% of Workforce Amid Bear Market Pressure

Kraken is the latest cryptocurrency exchange that’s been forced to downsize in the face of macroeconomic headwinds and a devastating crypto bear market. According to an announcement from the firm on Wednesday, leadership has been forced to slash 30% of its workforce, amounting to 1100 workers. The reduction in size takes Kraken’s headcount back to…

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The World’s Largest Asset Manager Was Also Exposed to FTX

BlackRock – the largest asset manager in the world – lost millions of dollars inside FTX, according to CEO Larry Fink. The BlackRock chief spoke at The New York Times Dealbrook Summit on Wednesday, confirming that his firm held $24 million within the insolvent exchange. The money was from a “fund of funds,” and not…

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Huobi, Poloniex announced strategic partnership despite initial denials of a merger

The exchanges will cooperate progressively in HT coin development, liquidity sharing and global compliance, plus Huobi will monitor Poloniex for new projects to list. 113 Total views 2 Total shares Huobi and Poloniex announced a strategic partnership on Nov. 30. Reports of a planned merger of the two cryptocurrency exchanges emerged and were denied last…

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Bankman-Fried claims: ‘I unknowingly commingled funds’ at DealBook Summit

Sam Bankman-Fried was speaking at the New York Times' DealBook Summit live on Nov. 30. 165 Total views 2 Total shares Former FTX CEO Sam Bankman-Fried has claimed to have “unknowingly commingled funds” between Alameda and customer funds at FTX.Bankman-Fried was speaking at the New York Times’ DealBook Summit via video conference on Nov. 30,…

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Total crypto market-cap hits $850M as Bitcoin and altcoins recover from FTX’s collapse

The total cryptocurrency market capitalization gained 2% in the past seven days, reaching $850 billion. Even with the positive movement and the ascending channel that was initiated on Nov. 20, the overall sentiment remains bearish and year-to-date losses amount to 63.5%.Total crypto market cap in USD, 4-hour. Source: TradingViewBitcoin (BTC) price also gained a mere…

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US CFTC commissioner calls for new category to protect small investors from crypto

Speaking the FIA meeting in Singapore, Christy Goldsmith Romero compared the typical crypto investor, who may be of modest means, with the investors the CFTC is used to. 707 Total views 5 Total shares United States Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero spoke at the Futures Industry Association Asia Derivatives Conference in…

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Market maker Keyrock closes $72 million in Series B funding round

Investors in the round included Ripple, SIX Fintech Ventures, and Middlegame Ventures. 539 Total views 5 Total shares Digital asset market maker Keyrock has raised $72 million in a Series B round of funding, according to an announcement on Nov. 30. Ripple, SIX Fintech Ventures, and Middlegame Ventures are among the investors in the round.Funds…

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Korean Prosecutors Seek an Arrest Warrant for Terraform’s Daniel Shin (Report)

The Seoul Southern District Prosecutors Office reportedly sought arrest warrants for one of Terraform Labs’ Co-Founders – Shin Hyun-seung (Daniel Shin), claiming he gained illegal profits before the colossal crash of LUNA/UST. The Korean authorities previously issued an arrest warrant against Terraform’s CEO – Do Kwon. His whereabouts remain unknown, while recent sources hinted he…

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Coinbase clarifies bug bounty policy in response to Uber extortion verdict

The policy clarification stated that participants cannot make threats, use extortion, or access customer data beyond what is accidental or occurs in good faith. 186 Total views 3 Total shares In a blog post on November 30, Coinbase sought to clarify its bug bounty program policies in response to the recent Uber data breach verdict.The…