Elon Musk, the world’s richest man, hits record $348B net worth
The new wealth record has been driven by a Tesla stock surge late last week and a $50 billion funding round for Musk’s AI startup.
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Singapore central bank explains why Binance was on its alert list, but FTX wasn’t
The Monetary Authority of Singapore had its reasons, and there was nothing more it could have done about the FTX threat any way, just like other national regulators. 780 Total views 6 Total shares The Monetary Authority of Singapore (MAS), the country’s central bank, released a statement Nov. 21 to address “some questions and misconceptions…
Hawkish Fed comments and fears of stablecoin regulation spark market sell-off
BTC, ETH and altcoins saw a slight pullback a day after the Federal Reserve signaled that its monetary policy is subject to cool off soon. 538 Total views 30 Total shares The bullish optimism seen earlier in the week was dialed back on Nov. 4 after recent comments from U.S. Federal Reserve Chairman Jerome Powell…
French authorities to issue statement on Pavel Durov’s detention
It remains unclear if Durov has been officially arrested or charged.
Cardano’s ADA May Be Listed on Coinbase Before the End of 2020
Cardano’s ADA may be listed on Coinbase by the end of 2020, this comes on the heels of the announcement that ADA holders will be able to stake their assets locked in the exchange’s vault. 455 Total views 23 Total shares Cardano’s native cryptocurrency, ADA (ADA), may be listed on Coinbase by the end of…
Casual gamers a ‘critical’ audience for blockchain games: GameFi execs
The casual gaming market will remain a crucial audience for blockchain games and nonfungible tokens (NFTs) in gaming, according to three blockchain gaming company co-founders. Casual gamers, people who play games somewhat regularly but rarely invest significant time, make up the largest segment of players in the gaming industry. Kieran Warwick, co-founder of blockchain role-playing game…
DAO treasuries still down 40% after October’s DeFi downtrend
The recent DeFi downturn has impacted the treasuries of decentralized autonomous organizations by 40% in a month 1182 Total views 5 Total shares Decentralized autonomous organizations (DAOs) were heavily hit by October’s decentralized finance (DeFi) downtrend, with the total value of assets managed by DAO’s crashing by 40% from 30 days ago.According to data from…
FTX estate sues KuCoin to recover over $50M in assets
The assets were initially valued at $28 million but now exceeded $50 million due to market fluctuations. The assets have been frozen by KuCoin since FTX's collapse in November 2022.
Bitcoin Sees Discrete Losses as Most Top Cryptos See Gains
Thursday, May 16 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) has fallen below the $7.900 mark again.Market visualization courtesy of Coin360Bitcoin is over 1.5% down on the day, trading at $7,899 at press time, according to CoinMarketCap. Looking at its weekly chart,…