November 2023 | Page 10 of 226 | Last Cryptocurrency News Feed

Elon Musk tells advertisers trying to ‘blackmail’ X — ‘Go fuck yourself’

Billionaire entrepreneur Elon Musk is making the headlines again, this time for an expletive-laden outburst on live TV at an annual conference hosted by The New York Times.Speaking at the 2023 DealBook Summit in New York on Nov. 29, Elon Musk, the owner of micro-blogging platform X (formerly Twitter), lashed out at advertisers leaving the

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Sam Altman officially returns to OpenAI as Microsoft finally joins board

Sam Altman addressed his employees in a company memo on Nov. 29, marking his official return to the top leadership position at OpenAI. 86 Total views 1 Total shares Sam Altman, one of the founders of OpenAI, has officially returned to office as the firm’s CEO, ending a whirlwind few weeks caused by his abrupt

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Crypto exchange FTX gets nod to sell $873M of assets to repay creditors

Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC. 238 Total views 3 Total shares Bankrupt crypto exchange FTX has been given the green light to sell around $873 million of trust assets, with proceeds used to repay

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Bitcoin ETF race gets 13th entrant, BlackRock revises ETF model

Pando’s ETF bid comes as several spot Bitcoin ETF applications draw closer to a final decision deadline. 857 Total views 14 Total shares Swiss asset manager Pando Asset has become an unexpected late entrant into the spot Bitcoin (BTC) exchange-traded fund (ETF) race in the United States.On the same day, investment giant BlackRock met with

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The Algorand Foundation Expands Its Footprint in India

Blockchain protocol Algorand (ALGO) has expanded its footprint in India by securing new partnerships with NASSCOM, India's trade body and chamber of commerce for the tech industry, TiE Bangalore, a global venture supporting entrepreneurs, and the Mann Deshi Foundation which supports India's first rural bank for women.Earlier this year, the Algorand Foundation branched into India

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Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move

The Celo blockchain's primary developer laid out a "framework" for choosing a technology provider for its new layer-2 network atop Ethereum, proposing to wrap up the evaluation by mid-January in what has become a surprisingly intense competition between some of the blockchain industry's most prominent teams.The developer, cLabs, published the "Framework for selecting an L2

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Brazilians may soon need to stump up taxes on crypto held abroad

The new rules would make income from crypto held on exchanges outside Brazil taxable at the same rate as local income. 118 Total views 11 Total shares Brazilians may soon be required to pay up to 15% tax on income derived from cryptocurrencies held on exchanges outside the country, after new income tax rules were

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Research the dynamics of market manipulation before you jump in Bitcoin ETFs

Investors are eagerly anticipating the potential approval of a spot bitcoin exchange-traded fund (ETF) by the United States Securities and Exchange Commission (SEC). The excitement began in early June when the investment giant BlackRock submitted a filing for the product and gained further momentum after a court decision mandated the SEC reconsider its rejection of

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Over 75% of Web3 games ‘failed’ in last five years: CoinGecko

The “failed” blockchain games are those that have seen their 14-day moving average number of active users down more than 99% from its peak. 394 Total views 4 Total shares More than three-quarters of all blockchain games launched in the last five years are dead in the water, according to a recent study from CoinGecko.Out

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Binance Retains Leading Position Among Crypto Exchanges Despite DOJ Fiasco

TL;DR Despite recent troubles, including a $4.3 billion fine settlement with the US DOJ and a leadership change with CEO Changpeng Zhao resigning, Binance maintains its position as a leading cryptocurrency exchange with a market share of almost 50%. Binance’s market share briefly dropped to nearly 40% following these regulatory issues, but the exchange continues