CoinEfficiency

News Articles for 2022-11-22

Browse daily crypto market news articles

ARK Invest Increases Holdings Amid FTX Meltdown

ARK Invest boosts its Bitcoin-related investments, focusing on Coinbase and Grayscale Bitcoin Trust.

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ARK Invest Increases Stake in Grayscale Bitcoin Trust Amid Market Turmoil

ARK Invest strategically acquires shares in Grayscale Bitcoin Trust as crypto market faces challenges, highlighting investment opportunities.

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Arrest of HashFlare Founders Over $575 Million Crypto Fraud

HashFlare founders detained in Estonia over a massive crypto fraud conspiracy involving cloud mining operations.

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Binance CEO Denies Report on Crypto Recovery Fund Meetings

Changpeng Zhao refutes claims about fundraising meetings in Abu Dhabi for Binance's crypto recovery fund.

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Bitcoin Faces Extreme Bearishness with Key Support Levels

Bitcoin experiences a significant price drop as technical indicators suggest a bearish trend, impacting its market dominance.

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Bitcoin Hits New Yearly Low Amid Market Decline

Explore the recent Bitcoin price drop, market reactions, and implications for the crypto sector.

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Bitcoin Hits Two-Year Low Amid Genesis Bankruptcy Concerns

Bitcoin's value plunges as Genesis Global Trading faces potential bankruptcy, affecting market sentiment and investor confidence.

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Bitcoin Holds Steady Amid Market Fluctuations

Explore the recent stability of Bitcoin after a significant weekly close, analyzing market trends and implications.

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Bitcoin Price Faces Uncertainty Amid Genesis Financial Struggles

Genesis's financial troubles raise concerns about Bitcoin's future, potentially triggering a market sell-off.

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Bitcoin Recovers as Genesis Capital Addresses Liquidity Concerns

Explore the recent developments in Bitcoin prices and Genesis Capital's response to FTX fallout, impacting cryptocurrency market dynamics.

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Bitcoin's Resilience Amid FTX Collapse: Insights from Jeff Booth

Discover Jeff Booth's perspective on Bitcoin's strength and resilience following the FTX collapse, as he emphasizes its role outside traditional financial systems.

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Celebrities Face Probe Over FTX Promotion

Investigation into celebrity endorsements of bankrupt crypto exchange FTX by Texas financial authorities.

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Celsius Bankruptcy Claims Deadline Set for January 2023

US Bankruptcy Court sets a deadline for claims against Celsius, impacting creditors and stakeholders.

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Chainlink Active Address Surge Sparks Price Increase

Exploring the recent surge in Chainlink's active addresses and its impact on price movement.

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Chainlink Economics 2.0 Upgrade Boosts LINK Social Activity

Exploring the impact of Chainlink Economics 2.0 on LINK's social activity and its price dynamics.

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Challenges in Approving Bitcoin ETFs in the U.S.

Exploring the political factors affecting Bitcoin ETF approval and regulatory approaches in the U.S.

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Clay Nation's Music Video Debut with Snoop Dogg and Charles Hoskinson

Explore the highlights of the new music video featuring Snoop Dogg, Champ Medici, and Cardano co-founder Charles Hoskinson.

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CMC Enhances Crypto Transparency with Proof of Reserve Feature

CoinMarketCap launches Proof of Reserve feature to bolster trust and transparency in crypto exchanges.

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Coinbase Stock Hits Record Low Amid Crypto Market Turmoil

Coinbase's stock and bonds reach historic lows as the cryptocurrency market faces challenges following the FTX bankruptcy.

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Coinbase Teams Up with WooCommerce for Crypto Payments

Explore Coinbase's strategic partnership with WooCommerce to enable cryptocurrency payments for online merchants.

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CoinMarketCap Introduces Proof of Reserves Tracker for Crypto Exchanges

CoinMarketCap launches a Proof of Reserves tracker to enhance transparency for cryptocurrency exchanges.

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CRV Price Manipulation Scandal Unveiled by Web3 Analyst

An exploration of CRV price manipulation tactics and market recovery potential.

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Crypto Analyst Predicts Local Bottoms for Major Cryptocurrencies

An analysis of anticipated local bottoms for cryptocurrencies like Bitcoin, Ethereum, and Cardano amidst market fluctuations.

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Crypto Bond Prices Plunge Amidst Institutional Concerns

Explore the impact of market uncertainties on Coinbase and MicroStrategy bonds and the broader crypto industry.

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Crypto Market Cap Plummets Amidst Investor Concerns

Analyzing the recent decline in cryptocurrency market capitalization and its impact on investor sentiment.

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Crypto Scam Costs U.S. Victims Over $10 Million

A crypto scam involving spoofed domains of Simex leads to U.S. victims losing over $10 million.

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Cryptocurrency Market Faces Renewed Challenges Amid Bankruptcy Risks

The cryptocurrency market faces significant challenges with potential bankruptcy risks affecting major players, impacting Bitcoin, Ethereum, and altcoins.

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Cryptocurrency Market Turmoil: Key Developments and Implications

Explore the recent fluctuations in the cryptocurrency market, including Bitcoin's crash, Ethereum whale activity, Genesis' financial struggles, Binance's market gains, and JP Morgan's crypto wallet trademark.

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Curve Finance Token Faces Major Short-Seller Attack

Analysis reveals Curve Finance's CRV token impacted by significant short-selling activities, influencing its market value and investor strategies.

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Digital Currency Group's Financial Strategy Amid Crypto Market Turmoil

Explore Digital Currency Group's financial maneuvers and debt management in the evolving cryptocurrency landscape.

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DJED Algorithmic Stablecoin Set to Launch on Cardano Mainnet

Cardano partners with COTI to introduce DJED, an over-collateralized stablecoin, enhancing its blockchain capabilities.

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Estonian Duo Arrested for $575 Million Crypto Scam

The U.S. Department of Justice arrests Sergei Potapenko and Ivan Turogin for orchestrating multiple Ponzi schemes through fake crypto mining and banking operations.

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Ether Price Drop Sparks Investor Concerns

Explore the recent decline in Ether prices and its implications for investors.

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Ethereum Price Analysis: Potential Downtrend and Key Projections

Explore the latest Ethereum price analysis, potential downtrend scenarios, and key projections for future movements.

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Ethereum Price Decline and Whale Accumulation

Explore ETH price trends, whale accumulation strategies, and potential market impacts.

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Ethereum Price Faces Bearish Trend with Supply Drop

Ethereum's price struggles amidst bearish trends and decreasing supply, with key support and resistance levels in focus.

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Ethereum Whales Accumulate Amid Market Turbulence

Ethereum whales continue to accumulate ETH despite market downturn and FTX collapse impacts.

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Fake Video Scam Targets FTX Investors

A deepfake video of ex-FTX CEO Sam Bankman-Fried attempts to scam investors through a fraudulent cryptocurrency scheme.

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FTX Attracts Interest from Potential Buyers

FTX explores reorganization or sale amid growing buyer interest in its assets

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FTX Bankruptcy Case Faces Ongoing Cybersecurity Threats

FTX's bankruptcy proceedings highlight ongoing cybersecurity risks as new CEO John Ray III outlines core objectives to protect assets and employees.

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FTX Faces Additional Challenges Amidst Bankruptcy

Explore the ongoing legal issues faced by the bankrupt cryptocurrency exchange FTX, now involving the Bahamas' regulatory bodies.

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FTX Group's Bankruptcy Reveals $1.24 Billion Cash Balance

Explore the financial details of FTX Group's bankruptcy, including cash reserves and implications for the crypto market.

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FTX Under U.S. Federal Investigation Before Collapse

Discover how U.S. prosecutors investigated FTX months before its downfall and the implications for the crypto market.

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FTX's Bahamian Property Investments Unveiled

Discover how FTX's high-profile executives invested millions in Bahamian real estate.

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FTX's Extensive Real Estate Acquisitions in the Bahamas

Explore the extensive real estate purchases made by FTX in the Bahamas, highlighting the financial intricacies and aftermath of the cryptocurrency exchange's collapse.

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Genesis Debunks Bankruptcy Rumors Amid Financial Challenges

Genesis addresses bankruptcy speculation while navigating financial hurdles following the FTX collapse.

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Genesis Denies Bankruptcy Amidst Cryptocurrency Turmoil

Genesis aims for a consensual resolution with creditors, dismissing bankruptcy rumors in the wake of FTX's collapse.

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Genesis Faces Liquidity Crisis Amid Crypto Market Turmoil

Genesis faces financial struggles post-FTX collapse, seeks new funding to avoid bankruptcy.

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Genesis Global Capital Explores Bankruptcy Options Amid Crypto Market Turmoil

Genesis Global Capital considers bankruptcy with Moelis & Company's guidance as the crypto market faces challenges following FTX's collapse.

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Golden State Warriors Sued Over FTX Promotion

Learn about the lawsuit involving the Golden State Warriors and the promotion of FTX, highlighting the implications for non-U.S. investors and the sports industry's relationship with crypto firms.

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Grayscale Bitcoin Trust's Influence on Bitcoin Price Surge

Exploring the role of Grayscale Bitcoin Trust in Bitcoin's price increase and the challenges faced by its parent company, Digital Currency Group.

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Hacker Moves $199 Million in Stolen FTX Crypto

Significant movements observed as hacker transfers $199.3 million in stolen FTX cryptocurrency, raising security concerns.

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HKMA Highlights Risks in Crypto Ecosystem

The Hong Kong Monetary Authority underscores the vulnerabilities of cryptocurrencies and stablecoins to systemic crises, urging enhanced regulatory measures.

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How to Buy Cryptocurrency in Canada: A Step-by-Step Guide

Discover how Canadians can purchase cryptocurrencies like Bitcoin, Dogecoin, and Ether through brokers and exchanges, as crypto ownership rises.

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Huobi Token Surges Amid Market Challenges

Huobi Token experiences significant price increase as rebranding plans are announced, contrasting with broader market trends.

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Huobi Unveils New Branding and Global Expansion Strategy

Huobi rebrands and outlines global expansion to reclaim top exchange position with a focus on asset safety and innovation.

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Institutional Investors Increase Short Bets on Crypto

Institutional investors respond to FTX collapse with record short-investment inflows in crypto.

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Iris Energy Faces Challenges Amid Crypto Bear Market

Australian Bitcoin mining firm Iris Energy experiences setbacks due to the crypto bear market, impacting its mining power and financial position.

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JPMorgan Secures Trademark for Bitcoin Wallet and Expands Cryptocurrency Operations

JPMorgan obtains a trademark for a Bitcoin wallet, signaling its growing involvement in cryptocurrency despite executive reservations, and expands its digital currency operations.

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JPMorgan Views FTX Collapse as Catalyst for Crypto Regulation

JPMorgan sees potential regulatory benefits following the FTX collapse, emphasizing the need for crypto regulation.

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KRA Proposes Crypto Tax Collection in Kenya

Kenya Revenue Authority proposes new tax regulations on crypto transactions to expand domestic revenue and minimize foreign borrowing.

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Levana's Strategic Shift Amid Crypto Challenges

Explore Levana's strategic separation of GameFi and DeFi amidst the crypto winter, aiming for a decentralized GameFi platform.

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Litecoin Surges with Significant One-Day Gain

Explore Litecoin's recent market performance and its impact on the cryptocurrency landscape.

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Litecoin's Resilience Amid Cryptocurrency Market Turmoil

Explore how Litecoin outperformed major cryptocurrencies during the FTX exchange crisis.

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MetaShooter Launches Mobile Version: A Leap in Web 3.0 Gaming

MetaShooter introduces a mobile version of its metaverse hunting game, enhancing accessibility and offering unique gaming experiences for Android and iOS users.

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Monetary Authority of Singapore Clarifies FTX Debacle

Understanding the Monetary Authority of Singapore's stance on the FTX collapse and its implications for local users.

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NFT Market Challenges Amid Crypto Winter and FTX Collapse

Explore the impact of the FTX collapse on NFT trading volumes and the future outlook of the NFT market amid the crypto winter.

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Potential Implications of Grayscale Bitcoin Trust Collapse

Explore the potential consequences and market impact if Grayscale Bitcoin Trust were to collapse.

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Preventing Crypto Fraud: Insights from Ripple's CTO

Exploring the need for preemptive measures to prevent crypto fraud, as highlighted by Ripple's CTO and the importance of self-custody solutions.

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RBI Prepares for Retail Digital Rupee Pilot

The Reserve Bank of India is set to launch a retail pilot for the digital rupee, involving major banks in the country.

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Regulatory Scrutiny on SoFi Technologies' Crypto Activities

SoFi Technologies faces regulatory review of its crypto activities, raising concerns about compliance and potential impacts on revenue.

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Ren Protocol Seeks New Investors Amid Alameda Research Bankruptcy

Ren Protocol aims to secure new funding following Alameda Research's bankruptcy to launch Ren 2.0 and continue its blockchain bridge services.

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Senate Banking Committee Raises Concerns Over SoFi's Crypto Activities

U.S. Senate Banking Committee members express concerns about SoFi's digital asset trading activities and compliance with Federal Reserve requirements.

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SHIB: The Metaverse to Feature at Immerse Global Summit 2022

SHIB: The Metaverse gears up for the Immerse Global Summit 2022 with strategic collaborations and keynote appearances, enhancing its presence in the metaverse landscape.

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Shiba Inu Faces Challenges Amid Crypto Market Turbulence

Shiba Inu experiences a market downturn amid the FTX crisis, while preparing for future developments with Shibarium.

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Shiba Inu Price Analysis: Market Challenges Persist

Explore the current bearish trend affecting Shiba Inu (SHIB) prices as market resistance and support levels impact trading dynamics.

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Snoop Dogg and Cardano: A Unique Collaboration in Music and Crypto

Explore the collaboration between Snoop Dogg, Champ Medici, and Cardano's Charles Hoskinson in a music video highlighting NFT and cryptocurrency.

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Stability Concerns in Cryptocurrency: Impact on Traditional Finance

Exploring the stability issues of cryptocurrencies and their potential effects on the traditional financial system.

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Texas Blockchain Summit Highlights Crypto Challenges

The Texas Blockchain Summit 2022 addressed the impact of FTX's collapse and focused on key industry discussions.

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The Decline of DeFi Markets: A Year of Transformation

Explore the recent downturn in DeFi markets and its impact on total value locked across platforms.

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The Expanding Influence of the Internet of Things

Explore how the Internet of Things is transforming smart homes, cars, and devices, and driving the machine economy.

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The Impact of Cryptocurrencies on Real Estate

Explore how cryptocurrencies are transforming the real estate market and attracting new investors.

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The Rise of Blockchain in Mobile Gaming

Exploring the impact of blockchain technology on the mobile gaming industry and its future potential.

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The Rise of Decentralized Crypto Exchanges Post-FTX Collapse

Exploring the shift towards decentralized exchanges following FTX's downfall and the ongoing debate on centralization in the crypto market

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Toncoin Market Faces Bearish Pressure Despite SafePal Support

Toncoin (TON) experiences a bearish market trend with declining prices and trading volumes, despite support from SafePal.

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Tornado Cash Developer's Extended Detention in the Netherlands

Update on the extended detention of Tornado Cash developer Alexsey Pertsev and the legal proceedings in the Netherlands.

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TRON (TRX) Shows Bullish Trend Amid LunarCrush Report

Discover how TRON (TRX) is gaining momentum with a significant price increase and market indicators signaling potential bullish trends.

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Tuvalu's Bold Move to the Metaverse Amid Rising Sea Levels

Exploring Tuvalu's digital preservation strategy in response to climate change threats.

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Uniswap Labs Prioritizes Data Privacy with New Policy

Uniswap Labs unveils a comprehensive privacy policy to safeguard user data and ensure transparency on the Ethereum Blockchain.

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Uniswap Labs Updates Privacy Policy Amidst Expansion

Uniswap Labs releases a new privacy policy detailing data collection practices while assuring user anonymity, following a significant funding round.

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Uniswap's Updated Privacy Policy Sparks Community Concerns

Uniswap's new privacy policy raises user data concerns, impacting its decentralized ethos.

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VenomSoftX: A Threat to Cryptocurrency and Data Security

Discover how the VenomSoftX Chrome extension, deployed by ViperSoftX Windows malware, poses a significant threat to cryptocurrency exchanges and user data.

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