News Articles for 2022-11-03

Three Arrows Capital (3AC) has received $1 million in Ethereum from Okex despite facing bankruptcy and owing $3.5 billion to creditors.

Andre Cronje's return to Fantom Foundation as VP of Memes sparks a significant price surge in FTM.

ApeCoin shows a bullish trend with rising prices and positive technical indicators.

APTOS price analysis reveals a significant decline of 27.98% over ten days, trading at $7.49 with key support and resistance levels at $6.89 and $8.51 respectively.

Arbitrum's transaction activity has surged significantly following its Nitro update, reaching 62% of Ethereum's base layer transactions and a 550% increase since August.

Arweave (AR) sees a significant price increase, outperforming major cryptocurrencies despite Bitcoin's downturn.

Australia's financial regulator ASIC warns issuers of crypto-based financial products about inappropriate marketing of high-risk products.

Digital asset platform Bakkt has agreed to acquire Apex Crypto from Apex Fintech Solutions for $200 million, expanding its crypto trading capabilities.

The Bank of England raises interest rates by 0.75% to 3%, the highest increase in 33 years, impacting the UK economy and currency value.

Binance explores acquiring traditional banks to connect crypto with conventional finance, while investing heavily in strategic projects and addressing CBDC developments.

Binance CEO Changpeng Zhao discusses the role of central bank digital currencies (CBDCs) and their potential impact on the cryptocurrency industry.

Binance CEO Zhao Changpeng highlights the detrimental impact of India's 1% tax on cryptocurrency transactions, warning it could severely harm the crypto industry in the country.

Binance CEO Changpeng Zhao reveals plans to potentially acquire banks, expanding the crypto giant's reach into traditional finance.

Discover how Townsville, known as Bitcoin Cash City, is leading cryptocurrency adoption with a growing number of merchants accepting BCH.

Bitcoin's price is currently testing the daily 20 EMA level as bulls defend against further declines, with potential retests of the $20,000 support level.

Current trends in Bitcoin seller behavior suggest the formation of a macro price bottom, indicating the end of the bear market.

Bitcoin faces critical support levels as the Federal Reserve hikes interest rates by 75 basis points. Meanwhile, the Lightning Network deploys an emergency hotfix, Robinhood's crypto revenue dips, Binance considers buying banks, and Alameda Research's assets raise concerns.

Explore the recent price action of Binance's BNB coin and its potential implications for the crypto market.

BTC remains above $20k despite a minor daily drop, with key technical indicators suggesting a potential market turnaround.

Cardano's Catalyst treasury pauses to assess effectiveness, while comparing grant allocations with OptimismFND and other crypto projects.

The Chinese government owns more Bitcoin than MicroStrategy, with holdings valued at nearly $3.9 billion, potentially impacting the crypto market.

Coinbase's CEO acknowledges Surojit Chatterjee's contributions as he steps down as CPO and takes on an advisory role.

Cryptillian Payment Systems joins the growing list of supporters for Ripple in the SEC vs. XRP lawsuit by filing an Amicus Brief.

ROSE, EOS, and IOTEX see significant price increases, with trading volumes spiking across the board. An analyst suggests a potential 'mini scam alt szn' as altcoins show strength against Bitcoin and Ethereum.

Protocol Ventures, a US-based crypto hedge fund investor, is shutting down due to the ongoing crypto market slump and economic crisis.

Crypto influencers may not be protected by disclaimers like 'this is not financial advice,' according to digital asset lawyers.

Explore the latest insights into crypto adoption and regulatory developments in Southern Europe, as highlighted in the EU Blockchain Ecosystem Developments report.

Dogecoin's price has surged recently, fueled by Elon Musk's Twitter acquisition and hints of DOGE adoption. Despite a minor dip, DOGE remains bullish with a potential target of $0.2.

Explore the implications of Elon Musk's Twitter acquisition and the potential for crypto integration as suggested by Binance CEO Changpeng Zhao.

Vitalik Buterin discusses the potential for increased competition in the social media space amid Elon Musk’s acquisition of Twitter.

Ethereum, Dogecoin, and Cardano are showing strong signs of a potential bullish rally, with notable price gains and promising technical indicators.

The European Union's proposed MiCA bill could hold crypto influencers accountable for market manipulation if they fail to disclose conflicts of interest.

Discover how Federal Reserve policies and economic indicators like FOMC and CPI impact crypto trading strategies from KJ, founder of The Trading Dojo.

The US Federal Reserve has raised its benchmark interest rate by 75 basis points for the fourth consecutive time, aiming to control inflation and impact consumer spending, stock markets, and Bitcoin.

The Federal Reserve's latest 75 basis point rate hike has caused significant volatility in Bitcoin, Cardano, XRP, and Shiba Inu, with Bitcoin swinging between $20,210 and $20,751 in a single day.

Fidelity Investments launches Fidelity Crypto, enabling retail investors to trade Bitcoin and Ethereum with a 1% spread, reflecting growing mainstream interest in digital assets.

Switzerland's financial regulator, FINMA, has introduced stricter identity verification requirements for crypto transactions exceeding 1,000 Swiss francs.

Goldman Sachs, MSCI, and Coin Metrics introduce datonomy, a digital assets classification system designed to enhance market transparency and analysis.

Mainland China's crypto businesses are considering relocation to Hong Kong as regulators introduce favorable regulations to promote digital asset adoption.

Huobi, a leading Chinese crypto exchange, is exploring a strategic move to the Caribbean, with the Dominican Republic, Panama, and the Bahamas as top candidates.

The Internet Computer (ICP) price has risen by 5.76% in the last 24 hours, driven by bullish momentum and strong technical indicators.

Binance CEO Changpeng Zhao warns that India’s high crypto taxes could severely impact the growing cryptocurrency sector.

Meta announces Solana NFT integration on Instagram and Facebook, enabling users to showcase and sell digital collectibles.

Instagram is launching NFT tools for creators to mint, showcase, and sell digital collectibles both on and off the platform.

The Digital Agency of Japan establishes a decentralized autonomous organization to study DAO functions and legal implications.

JP Morgan has successfully executed its first cross-border transaction using decentralized finance (DeFi) on a public blockchain, supported by Singapore’s Project Guardian.

Koinos is set to launch its mainnet on November 5, offering a free-to-use platform for Web3 developers with a proof-of-burn consensus algorithm.

Litecoin (LTC) has decoupled from the broader crypto market, with significant increases in whale and shark addresses and strong price performance against Bitcoin and Ethereum.

Discover how Litecoin's upcoming halving event could drive its price to skyrocket by 200% by July 2023.

Explore the details behind the $110 million exploit on Mango Markets, a Solana-based DeFi platform, and the tactics used by hackers.

Mastercard continues to foster innovation in the fintech space by selecting seven new startups for its Start Path program

Meta introduces an NFT toolkit on Instagram enabling users to create display and trade digital collectibles.

Tech giant Microsoft joins Shinhan Asset Management and Kiwoom Securities in investing $46 million in Wemade, a South Korean blockchain game developer, to advance Web 3.0 gaming and blockchain technology.

Explore the innovative NFT collection 'A Hard Working Man' by Mint NFT and Animal Concerts, combining digital art, physi-digital experiences, and exclusive concert perks.

An innovative oracle system aims to retrieve additional fees paid by decentralized application users to miners, known as maximal extractable value (MEV).

Discover how Laguna Games and Lens Protocol are transforming NFT gaming with cross-platform profiles.

Polygon and Meta collaborate to allow Instagram users to create, showcase, and sell Polygon-powered NFTs, empowering creators and expanding the digital collectibles market.

Polygon (MATIC) surged to become the top-performing asset among leading cryptocurrencies on Nov. 3, driven by its partnership with Meta for NFT tools and strong market momentum.

A Queensland family's significant investment in a trading platform turns into a financial disaster, highlighting online scam risks.

Revolut introduces a new crypto card feature allowing users to pay with cryptocurrency worldwide, while Dogecoin surges amid increased adoption.

Robinhood reports a 12% drop in crypto revenue for Q3 2022, driven by lower user activity and trading volumes, but CEO expresses confidence in future growth.

Santander restricts cryptocurrency transactions for UK customers citing regulatory fraud warnings

Sam Bankman-Fried confirms ADA's upcoming listing on FTX, with Charles Hoskinson responding positively, while Cardano's on-chain data shows growth.

Sam Bankman-Fried's proposal for crypto regulation has raised concerns about its impact on DeFi platforms and entrepreneurial innovation.

SHIB's recent price movements, technical indicators, and market outlook.

Shiba Inu (SHIB) could see a 150% price surge against Dogecoin (DOGE) based on a technical fractal analysis.

Skyward Finance, an IDO platform on the NEAR Protocol, has been exploited for 1.1M NEAR tokens worth $3 million. The incident was discovered by a community member and reported by Aurora Lab's moderator.

Circle and Paxos have secured approvals from the Monetary Authority of Singapore (MAS), enabling them to expand their cryptocurrency and payment services in the region.

Explore Steph Curry's groundbreaking Curryverse project, blending metaverse gaming, NFT collectibles, and innovative Web 3.0 experiences for fans worldwide.

Explore Stephen Curry's Curryverse, the integration of NFTs in TV streaming, accessible digital art via vending machines, and updates in NFT markets.

The metaverse is undergoing rapid evolution, with Sebastien Borget of The Sandbox highlighting its progress and future potential.

Swiss investment bank UBS AG introduces a groundbreaking hybrid digital bond, combining blockchain and traditional exchange settlements.

UnionBank of the Philippines collaborates with METACO to introduce crypto trading services, supporting Bitcoin and Ethereum.

Explore the highlights from day two of Web Summit 2022, where Web3 took center stage and tech giants like Apple and Microsoft shared insights on the future of technology.