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British Finance Watchdog Calls For Political Backing For Crypto Bans
The United Kingdom's Financial Conduct Authority (FCA) asked parliamentarians on Tuesday to support crypto bans and its decision to refuse licenses to various cryptocurrency exchanges, including FTX, which filed for bankruptcy protection last week. According to the FCA's chief executive... -
A Third of a Billion Dollars’ Worth of FTX Coins Are Being Released
According to on-chain statistics, the FTX Exchange Tokens (FTT) deployer contract unintentionally generated 192 million additional tickets and delivered them to a recently formed wallet. These FTX coins are currently valued at $380 million on the market. The exchange made... -
NFT Platform .Swoosh Launched By Footwear Giant Nike
Nike has launched its non-fungible token (NFT) platform called .Swoosh. According to the top footwear giant, .Swoosh’s core mission is to onboard millions of users into the booming Web3 ecosystem. .Swoosh To Host First Series Of Virtual Collections According to... -
Occidental Petroleum: Warren Buffett Ups Stake While David Tepper Exits
Several hedge funds have released their third-quarter 13Fs over the last couple of days. While Warren Buffett’s Berkshire Hathaway increased its stake further in Occidental Petroleum, David Tepper’s Appaloosa Management has exited the company. Apart from Occidental, Tepper exited several... -
Coinbase Stock Surges as Cryptos & Stocks Rally after Inflation Data
Coinbase (NYSE: COIN) stock surged over 10% yesterday amid a broad-based rally in risk assets including stocks and cryptos. The October CPI was lower than what analysts were expecting which led to a risk-on sentiment in the market. US inflation... -
XTB Releases Comprehensive Guide on NATGAS Trading During Ongoing Energy Crisis
World-class broker XTB has announced the release of a free eBook detailing how traders and investors can navigate the natural gas (NATGAS) market during the ongoing energy crisis. With over two decades of industry experience, XTB’s award-winning research team has... -
Binance Began Liquidating FTX Token Holdings Amid Open Interest In FTT Futures Rise
FTX Token (FTT) lost nearly 80% of its value after Binance, the world's largest cryptocurrency firm, announced its intention to acquire the company. The coin's price was around $22 at the start of the week, but it had dropped to... -
US DoJ Retrieves $3 Billion in BTC After a Decade-Long Hunt
DoJ recently announced that it had seized $3.36 billion worth of Bitcoins after a ten-year search. 50k BTC Found in Circuit Board According to a press release released on November 7, the US Department of Justice seized 50,676 Bitcoins from... -
Tesla Stock Continues to Plummet after Musk’s Twitter Acquisition
Tesla (NYSE: TSLA) stock fell 5% yesterday and hit a 17-month low. The stock has been in a freefall since its CEO Elon Musk completed the Twitter acquisition. Tesla has lost 44% this year and over half from its all-time... -
Moneygram Debuts Crypto Purchases On Mobile App
MoneyGram, a cross-border payment processor, has announced the launch of a new feature that would enable users in the United States to buy, sell, and hold cryptocurrencies via its platform. Buy, Sell, and Hold Crypto In an official announcement, MoneyGram...
