FTX CEO was interviewed by The Big Whale, in which he spoke on a variety of subjects, including a potential stablecoin launch, the market’s near-term momentum, and the possibility of buying Robinhood. Bankman-FRied said that the public would soon hear about any efforts on a stablecoin. He did not provide...
Social media giant Reddit has been making waves in Web3 thanks to the recent spike of interest in its NFT-based Collectible Avatars. Through seamless onboarding and vibrant artwork, Reddit Avatars have won the hearts of many, including non-NFT enthusiasts. With that, some are beginning to speculate that the forum-based website...
DeFi star Andre Cronje has uploaded a new blog post that disseminates the current crypto turmoil Cronje has called for a stricter regulatory framework in the sector to protect consumer interests. Andre Cronje, a DeFi pioneer and former founder of Yearn Finance, is back again with another blog post which...
Dogecoin is up 12% as Musk’s Twitter acquisition inches closer to its end. The Musk-Twitter deal may soon be finalized by the end of this week. As per the data from Coinmarketcap, Dogecoin is currently up 12% in the last 24 hours and is trading at $0.06845. Per a recent...
Summary: Crypto exchange BitMex alerted users to an unscheduled trading engine downtime on Wednesday. The platform said trading facilities were suspended due to technical issues and assured users that all funds and assets are safe. Today’s downtime comes amid a rally in crypto prices and massive short liquidation events across...
Summary: The Monetary Authority of Singapore (MAS) published two consultation papers with proposed cryptocurrency regulations geared toward mitigating trading risks and providing efficient oversight for locally issued stablecoins. Singapore’s central bank wants the public to provide feedback on the measures. Wednesday’s announcement comes as the latest effort from authorities to...
Ether’s price has spiked by about 15% in 24 hours, with the crypto now hovering at around $1,532. Ether had been under $1,500 for over a month. CFTC Chairman Rostin Behnam recently said that he didn’t think Ether was a security. This could have contributed to the price bump. Ether...
BitMEX’s Alexander Hoeptner has left the company after two years. Stephen Lutz, BitMEX’s CFO, has been named as the interim CEO of the exchange. Alexander Hoeptner, Chief Executive Officer of BitMEX, is the latest crypto CEO to leave the firm amid the crypto bear market phase. BitMEX’s CFO Lutz Becomes...
Reddit NFTs have been all the rage, with the platform’s users reportedly creating over 3 million crypto wallets to scoop up these Polygon-based digital avatars. Many believe that having a smooth onboarding process for non-crypto-native users and free airdrops are the main reasons behind the collectibles’ popularity. In the middle...
