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FTX Staffer Pursues Outstanding Bonus Amidst Bankruptcy Proceedings; BlockFi and FTX Settlement Takes a Progressive Turn
November 14, 2023
An employee of FTX Foundation, Ross Rheingans-Yoo, is battling to retrieve his promised bonus of $275K. He claims that out of his $650,000 bonus, only $375,000 has been paid by …
Read moreBitcoin Reacts Mildly to Newly Released U.S. CPI Data
November 14, 2023
Summary U.S. inflation data for October reveals a slightly slower pace than expected. Initially predicted to be 3.3%, the observed headline inflation Year-over-Year (YoY) logged at 3.2%. In comparison, September's …
Read moreSolana’s Value Sees Significant Fluctuation Amid FTX’s Sell-Off
November 14, 2023
The value of Solana (SOL) has faced significant flux recently, due to an ongoing sell-off by crypto firm, FTX. With FTX filing for bankruptcy, the company has transferred 250,000 SOL …
Read moreWrapped Cryptocurrency Tokens to Face Capital Gains Tax in Australia
November 14, 2023
The Australian Taxation Office (ATO) recently updated its standing on capital gains tax (CGT) to include wrapped tokens and decentralized finance (DeFi), which may affect a large number of crypto …
Read moreBlockchain Payment Firm Fnality Raises $95M in Founding Led by Goldman Sachs and BNP Paribas
November 14, 2023
Fnality, a blockchain-based wholesale payments firm, has raised $95.09 million in a second round of funding, led by global investment bank Goldman Sachs and French universal bank BNP Paribas. The …
Read moreReddit's MOONs Soar After Full Decentralization and Supply Burn
November 14, 2023
MOONs, the community-driven cryptocurrency of the r/Cryptocurrency subreddit, has seen a staggering 149.8% increase in market value, following the decision of its admins to fully decentralize the token. This announcement …
Read moreCrypto.com Obtains Digital Asset License in Dubai
November 14, 2023
Crypto.com, a prominent crypto exchange, has marked another notable achievement by gaining a Virtual Assets Service Provider (VASP) license in Dubai. This license, subject to operational approval, will permit the …
Read moreBlackRock Dismisses Rumors of XRP ETF Despite Inaccurate Filing
November 14, 2023
Contrary to recent speculation, BlackRock, the multinational investment management corporation, has publicly denied plans to launch an XRP exchange-traded fund (ETF), attributing the confusion to an inaccurate regulatory filing. This …
Read moreGROK Memecoin Tumbles Amid Fraud Allegations
November 14, 2023
The memecoin GROK, named after Elon Musk's Grok AI project, faced a dramatic drop after being linked to a scam. The coin saw a 70% plunge following accusations from blockchain …
Read moreLearning Concept: How Can Crypto Institutional Inflows Impact the Market Supply Dynamics?
November 14, 2023
In the world of cryptocurrencies, institutional inflows refer to the capital deployed by institutional investors into various crypto assets, including Bitcoin (BTC), Ethereum (ETH), and other altcoins. Noteworthy in this …
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