Cardano Grows 400% after FTX Collapse, Will ADA hit $5?
The Cardano ecosystem has recorded unprecedented growth with the number of wallets increasing by 33,097 in the past week.
The Cardano ecosystem has recorded unprecedented growth with the number of wallets increasing by 33,097 in the past week.
For the first time, Binance takes the lead in the number of Bitcoin reserves on the exchange. This is after surpassing Coinbase`s rank in the pair`s reserves.
Allegedly, the media has been whitewashing the activities of SBF and the company just because non-crypto users are unaware of his exact actions. Read CNL.
Following unprecedented scrutiny following the collapse of major crypto exchange FTX, Joe Biden, US head of state, has called for critical crypto regulation.
The biggest stablecoin, Tether, has generated speculations since it hasn’t made its underlying paperwork available to the public.
FTX exchange has fired three of its prime executives, together with co-founder Gary Wang, the Wall Avenue Journal reported on Friday, citing an FTX spokeswoman.
Despite the gloomy nature of the crypto market, analyses show that over the past six years, cryptocurrency has provided investors with a greater return.
Long-term investors’ will to continue amassing coin holdings has weakened. Concerns have been raised that the FTX disaster might make the crypto winter last longer.
The fall of FTX and her sister company Alameda has caused devastation throughout the crypto market without excluding the team behind this catastrophe.
According to a bankruptcy petition by the company’s new CEO John Ray III, FTX utilized corporate cash to buy residences for its workers.
The Abu Dhabi Global Market Courts announced that the United Arab Emirates regulator will start using blockchain technology to secure business decisions.
20 hours after publishing proof of reserves, Binance moved 2.7 billion USDT to another wallet. There is no reference to this wallet being a Binance wallet.