Why is Ethereum (ETH) price down today?
Ether (ETH) price is down on Dec. 16 and the pre-FOMC rally to $1,350 was obliterated after Federal Reserve chair Jerome Powell issued hawkish statements following a 0.50% hike in …
Bitcoin targets $16.7K amid fear BNB may ‘drag whole crypto market down’
Bitcoin (BTC) looked set to ditch $17,000 after the Dec. 16 Wall Street open as United States equities continued to fall. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: $240BNB …
FTX liquidators’ legal team urges cooperation with Bahamian authorities amid favoritism allegations
A lawyer representing provisional liquidators overseeing FTX’s assets has pushed back against allegations officials in the Bahamas were using the collapse of the crypto exchange to benefit its residents first. …
Raydium is attacked, loses $2 million
Solana DeFi protocol Raydium has suffered an exploit, according to a statement from the developer. An initial investigation by the team has revealed that the attacker has taken over the …
Bank of Russia stands against free crypto investment
The Russian central bank is ready to consider allowing cryptocurrency use within the country but only as part of a legal experiment, governor Elvira Nabiullina said. “It’s possible to consider …
Web3 community shares tips for a successful GameFi project
As the GameFi space continues its journey to attract gamers to a new gaming paradigm, community members shared their takes on what they think a mature GameFi project needs to …
No more proof-of-reserve checks? Auditors quietly drop crypto projects from portfolios
As the FTX collapse highlighted the need for more transparency from centralized crypto exchanges, working with auditors has been the move by top crypto trading platforms to assure users that …
BNB insurance Binance listing? CZ addresses delisted project’s claims
A decentralized social network project called Mithril (MITH) was recently delisted from Binance and in return, the crypto project asked for the 200,000 Binance Coin (BNB) it had to deposit …
Bitcoin dips under $17K as ‘craziest rumors’ over Binance sink BTC price
Bitcoin (BTC) fell below $17,000 on Dec. 16 as traders warned of overreaction to “FUD” involving exchange Binance and others. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Binance “FUD” fuels …
Binance proof-of-reserves removed from the auditor’s site
Crypto exchange Binance has seen its proof-of-reserve (PoR) audits removed from the auditor Mazars’ website. Mazars’ official website shows they fully discontinued Mazars Veritas, a section dedicated to cryptocurrency exchange …