Previous reports suggested that FTX saw losses peak at nearly $9 billion in total liabilities. According to an attorney familiar with the matter, troubled cryptocurrency exchange FTX has “recovered $5 billion in cash and liquid cryptocurrencies.” However, the exchange is still “working to rebuild transaction history,” and the total amount of customer shortfall is “still […]
Abu Dhabi-based Venom Foundation launches $1B fund for Web3 and blockchain
Venom Ventures Fund is allocating $1 billion to invest in Web3, blockchain and cryptocurrency projects and services. Abu Dhabi-based blockchain platform Venom Foundation and investment manager Iceberg Capital announced they will allocate $1 billion of funding to Web3 and blockchain firms through a new partnership. The Venom Ventures Fund is set to invest in protocols […]
The Surreals, Moonrunners, The Long Lost, Treeverse – Timeless Characters and more collections added to Kraken NFT
We’re thrilled to announce that we have added ten new NFT collections to Kraken NFT for our current beta testers to explore, collect and trade. After revealing dozens of NFT collections over the past few weeks, we carefully selected these new collections so you can… The post The Surreals, Moonrunners, The Long Lost, Treeverse – […]
BlockFi creditors appeal court to redact their information
BlockFi creditors want the court to redact their personal information, according to a Jan. 10 court filing. The creditors argued that the redaction of their information would protect them from “hacking, identity theft, and harassment” risks in the crypto space. According to the filing, BlockFi would lose its potential clients’ trust if this information becomes […]
Argo’s mining revenue dipped 28% in December due to winter storm
Debt-ridden Bitcoin (BTC) miner Argo Blockchain mined 147 BTC in December — 25.75% less than the 198 BTC it mined in November. Argo said that the fall in mined BTC was primarily due to the curtailment of operations in the Texas facility during the arctic blast. Argo’s CEO Peter Wall said: “While our mining results […]
Ethereum Knock-Back Impeding! Will it Ignite an Inverse Rally Amid Bullish Market Sentiments?
The post Ethereum Knock-Back Impeding! Will it Ignite an Inverse Rally Amid Bullish Market Sentiments? appeared first on Coinpedia Fintech News The crypto market is gearing up significantly as the star crypto, Bitcoin rose high and induced the much-required bullish momentum among the other cryptos. Moreover, the upswing is speculated to persist for a long […]
Altcoins That Display a Potential to Rise Beyond 100% in Q1 2023
The post Altcoins That Display a Potential to Rise Beyond 100% in Q1 2023 appeared first on Coinpedia Fintech News The crypto markets have been fueled with significant bullish momentum for the past few days that has ceased the bearish impact to some extent. While they may certainly continue to haunt the rally, some of […]
XRP and Cryptocurrency Adoption To Increase In 2023, Says Ripple
The post <strong>XRP and Cryptocurrency Adoption To Increase In 2023, Says Ripple </strong> appeared first on Coinpedia Fintech News In a blog post published on January 10th, Ripple shared its predictions for the cryptocurrency industry in 2023. How can Ripple Shape The Crypto Industry In 2023? Despite the crackdown by the Securities and Exchange Commission (SEC) […]
ETH Whale Transfers $20M Worth Ethereum To Binance, ETH Price Drop Ahead ?
The post ETH Whale Transfers $20M Worth Ethereum To Binance, ETH Price Drop Ahead ? appeared first on Coinpedia Fintech News Even though the year 2022 has been a roller coaster ride, the start of 2023 has been pretty much on a positive note as the crypto market seems to be recovering. The star cryptocurrency, […]
Unlocking Potential: How IDO Launchpads Are Changing Crypto Landscape
Coinspeaker Unlocking Potential: How IDO Launchpads Are Changing Crypto Landscape The use of launchpads in the crypto sphere has been on the rise as they act as a stepping stone for new projects to gain traction and secure funding. In this article, we will delve into the significance of IDO launchpads, the benefits they offer, […]