FTX Token spikes 70% amid looming bankruptcy distributions

Central bank digital currencies (CBDCs) have emerged as a prominent topic in the financial world. They promise elevated stability, security, efficiency, and reduced corruption. Central banks, the International Monetary Fund, the World Economic Forum, and the World Bank tell us CBDCs are a panacea waiting to cure all that ails our financial system.Unfortunately, those claims

Memecoins linked to Joe, Jill, and Hunter Biden tanked more than 60% while a memecoin tied to US Vice President Kamala Harris rallied 133% before cooling off.

Blockchain accelerator MouseBelt has launched a blockchain education initiative at three campuses in the University of California system.Blockchain education at U.S. universitiesIn a news release shared with Cointelegraph on Aug. 22, MouseBelt announced an initiative with UC Davis, UC Los Angeles and UC Santa Barbara to support blockchain-focused education, research and entrepreneurship. An initial donation…

Bitcoin is too slow when compared to Ethereum and other proof-of-stake networks, argued Cardano founder, Charles Hoskinson. 303 Total views 3 Total shares IOHK CEO and Ethereum co-founder, Charles Hoskinson, has argued that Bitcoin sits at a significant competitive disadvantage due to its slow speeds and will be usurped by proof-of-stake networks. In a five-hour Podcast…

American provider of investment data Weiss Ratings has ranked Litecoin (LTC) as “excellent” in regards to investment rewards and adoptionDigital currency ratings unit Weiss Crypto Ratings has classified the fourth largest cryptocurrency in terms of market capitalization LTC as “excellent” when it comes to investment rewards and adoption. At the same time, the agency ranked…

Goldman Sachs says the popularity of Ethereum's smart contracts means it could overtake Bitcoin as the number one crypto by market cap soon. 1454 Total views 20 Total shares Goldman Sachs said in a note to clients on Tuesday that the blockchain with the highest "real use potential" is Ethereum, suggesting its ETH could become…

In an effort to help consumers “avoid the hype, [and] get the facts,” Rob Bonta has created a page on crypto buying dominated by lists of scams, red flags and other unpleasantness. 637 Total views 12 Total shares With the cryptocurrency market becoming ever more complex and intimidating, California Attorney General Rob Bonta had decided…

Singaporean government body Enterprise Singapore, along with other partners, has supported a new blockchain accelerator launched by a local venture capital firm, daily local newspaper The Straits Times writes Tuesday, Dec. 4.Trive Ventures has launched the initiative, dubbed Tribe Accelerator, to support later-stage startups. According to the unnamed investor cited by The Straits Times, the…

The exchange hinted of legal action against "FUD-peddlers and individuals with malicious intent" threatening its business interests. 909 Total views 36 Total shares Major cryptocurrency exchange Binance is pushing back against allegations of market manipulation and working against the interest of its users.In a Monday Twitter thread, Binance seemingly laid the blame for any claims…