Crypto market liquidations likely reached $10B — Bybit CEO
Bybit’s crypto liquidations alone amounted to over $2.1 billion, according to the exchange’s CEO.
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Lawyers debate over Ripple case after rejection of SEC’s motion for appeal
Crypto lawyers are seemingly divided over the significance of a recent court order from Judge Analisa Torres, which denied the United States Securities and Exchange Commission’s (SEC) plan to file an interlocutory appeal against Ripple.While many lawyers and commentators chalked the decision up as a substantive win for Ripple in its case against the regulator

As Deepfake Videos Spread, Blockchain Can Be Used to Stop Them
At a time when the term “fake news” has become a household name thanks to its repeated use by President Donald Trump, deepfakes — i.e., seemingly realistic videos that are in fact manipulated — can further escalate the problem associated with distrust of media. Technologists are looking at the inherent nature of blockchain as aggregators…

Three launch lessons from blockchain-based freelance marketplace TopIQs
Over a decade ago, the cofounders of TopIQs were freelance internet marketers dealing with many of the frustrations that still irk freelancers today. They invested significant time pitching, landing and completing projects for clients on freelance marketplaces. When it was time to get paid, they spent weeks or months chasing payments or resolving account issues…

Venezuela President Maduro Touts Trezor Bitcoin Wallet on National TV
On Nov. 6, President of Venezuela, Nicolas Maduro appeared on state-run television station Venezuelan Television Corporation (VTV), holding a crypto hardware storage device allegedly developed by major wallet supplier Trezor. The video is posted on the official Facebook page of President Maduro.Trezor says it is unaware of the alleged Trezor representatives who appeared on the…

Latest superseding indictment against Sam Bankman-Fried includes campaign finance allegations
The U.S. Justice Department dropped a campaign finance violations charge on Sam Bankman-Fried's indictment in July, but said it will consider the alleged scheme in other counts. The United States Attorney’s Office has released a new superseding indictment against former FTX CEO Sam Bankman-Fried (SBF) which includes allegations of campaign finance law violations as part…

How to provide liquidity to cryptocurrency exchange
A trading venue’s liquidity represents how easily a trader can use the platform to exchange one asset for another. If a trader sends a market order to buy or sell an asset and the venue can’t find enough buy or sell orders to complete the transaction at a reasonable price, the venue is likely struggling…

Nomad announces $190 million bounty for lost funds from recent hack
Nomad announced that it’s offering up to a 10% bounty to return funds stolen from the recent hack on the Nomad bridge on Aug. 2. 190 Total views 4 Total shares Nomad announced a bounty of up to 10% for the return of the stolen funds from the Nomad bridge. In a website announcement and…

Let First Republic and Credit Suisse burn
When crypto markets took a hit after the collapse of FTX and other crypto lenders last year, some crypto critics repeated the mantra, “Let crypto burn.” Now, it’s big banks that are faltering — including Credit Suisse and First Republic — after regional banks, including Signature Bank and Silicon Valley Bank, sparked a cascade. As…