The exchanges will cooperate progressively in HT coin development, liquidity sharing and global compliance, plus Huobi will monitor Poloniex for new projects to list. Huobi and Poloniex announced a strategic partnership on Nov. 30. Reports of a planned merger of the two cryptocurrency exchanges emerged and were denied last week. The…

Sam Bankman-Fried was speaking at the New York Times’ DealBook Summit live on Nov. 30. Former FTX CEO Sam Bankman-Fried has claimed to have “unknowingly commingled funds” between Alameda and customer funds at FTX.Bankman-Fried was speaking at the New York Times’ DealBook Summit via video conference on Nov. 30, in…

The total crypto market recovers some lost ground as the contagion risks associated with FTX’s collapse begin to look resolvable. The total cryptocurrency market capitalization gained 2% in the past seven days, reaching $850 billion. Even with the positive movement and the ascending channel that was initiated on Nov. 20,…

Speaking the FIA meeting in Singapore, Christy Goldsmith Romero compared the typical crypto investor, who may be of modest means, with the investors the CFTC is used to. United States Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero spoke at the Futures Industry Association Asia Derivatives Conference in Singapore…

Investors in the round included Ripple, SIX Fintech Ventures, and Middlegame Ventures. Digital asset market maker Keyrock has raised $72 million in a Series B round of funding, according to an announcement on Nov. 30. Ripple, SIX Fintech Ventures, and Middlegame Ventures are among the investors in the round.Funds are…

The policy clarification stated that participants cannot make threats, use extortion, or access customer data beyond what is accidental or occurs in good faith. In a blog post on November 30, Coinbase sought to clarify its bug bounty program policies in response to the recent Uber data breach verdict.The company…

The crypto market is up today, possibly due to “positive” news from the United States Federal Reserve. The crypto market is up today and Bitcoin (BTC), Ethereum (ETH) and numerous altcoins all rallied after United States Federal Reserve Chairman Jerome Powell suggested that December could see the start of smaller-sized…

The Massachusetts senator, an outspoken skeptic of crypto, applauded the efforts of FDIC acting chair Martin Gruenberg to separate digital assets from banking. Referring to the events surrounding the collapse of FTX as “a handful of magic beans”, Massachusetts Senator Elizabeth Warren seemed to frame the “contagion” spreading through the…

In its latest hearing on FTX, the committee looked to financial officials to assess the impact of FTX’s collapse in Europe and suggest a way forward. The European Parliament Economic and Monetary Affairs Committee held a hearing on the “FTX cryptocurrency exchange collapse and implications for the EU” on Nov.…

At the height of the bear market, two NFT collectors have paid almost $1 million to purchase Bored Ape NFTs. In this week’s newsletter, read about how two Bored Ape nonfungible tokens (NFTs) sold for almost $1 million during the bear market and how the word “metaverse” made it into…

Negative newsflow continues to make headlines but BTC’s recent move above $17,000 suggests investors are finding reasons to be bullish. Bitcoin (BTC) price gained 6.1% between Nov. 28 and Nov. 30 after briefly testing the $17,000 support. Favorable regulatory winds might have helped fuel the rally after the Binance exchange…

According to its CEO, the exchange grew too quickly to accommodate the fast-growing crypto ecosystem. Cryptocurrency exchange Kraken announced on Nov. 30 that it has made one of its “hardest decisions”  and is cutting down its global workforce by approximately 1,100 people, comprising approximately 30% of its total workforce, amid…

BTC and many altcoins are kicking up dust after the Federal Reserve chairman Jerome Powell discussed the possibility of smaller rate hikes in 2023, but is the momentum sustainable? Bitcoin (BTC) has shrugged off the weakness in the United States equities markets and is attempting to start a recovery on…

The committee chair cited crypto exchange FTX’s “alarming fraud,” liquidity crunch and bankruptcy as examples of financial risks that the Treasury and regulators should address. Sherrod Brown, chair of the United States Senate Banking Committee, has called on Treasury Secretary Janet Yellen to work with financial regulators and lawmakers on…

The messaging platform is building a set of decentralized tools, including noncustodial wallets and decentralized exchanges. Telegram is set to build a set of decentralized tools, including noncustodial wallets and decentralized exchanges, said founder Pavel Durov via his Telegram channel on Nov. 30.The initiative is a response to the recent FTX…

FTX US won a $1.4-billion bid to purchase Voyager’s assets in September, but with the firm filing for bankruptcy, the funds were once again up for grabs. Trading platform INX has submitted a bid for an undisclosed amount to purchase the assets of crypto brokerage firm Voyager Digital.In a Nov.…

British-American businessman John McAfee talks about his crypto story and how he discovered BTC. From the Cointelegraph archives, John McAfee tells his crypto story and takes a look back at his very fascinating life.Early in his life, the computer programmer landed a job at the United States National Aeronautics and…

Researchers were able to decrypt all of Secret’s internal transactions using an exploit. On Nov. 30, Guy Zyskind, CEO of privacy smart contract blockchain Secret Network, said that developers had patched a privacy-related vulnerability and users’ funds remain secure. In a document dated Nov. 29, Secret Network wrote that users…

Developers say the tool can help users save upwards of 15% on gas fees when shopping for NFTs. According to a new post on November 30, decentralized exchange (DEX) Uniswap announced that users can now trade nonfungible tokens, or NFTs, on its native protocol. As told by Uniswap, the function…

The Fantom Foundation’s attempt to dispel concerns about potential FTX exposure has been a success thus far for FTM price. Fantom (FTM) continued its upward momentum on Nov. 30 amid reports that the Fantom Foundation generates consistent profits and has 30 years of runway without having to sell any FTM…

Despite writing down its $275 million investment in FTX, Temasek still apparently holds its investments in many other crypto-related businesses. Singapore’s government-owned investment firm Temasek has suffered a lot more than just financial losses due to investing in FTX, according to Deputy Prime Minister Lawrence Wong.Wong, who is also the…

As the metaverse becomes a place to hang out, more large-scale events will pop up to entice users into digital reality. The metaverse is the future, or so is the claim of many interacting with the industry — a claim that can be backed up by the amount of activity…

Forecasts predict cryptocurrency criminals laundering more than $10 billion through cross-chain bridges by 2025, leading to calls for holistic screening solutions. Improved blockchain analytics will become increasingly important to combat the use of cross-chain bridges for illicit means, which are estimated to surpass $10 billion in value by 2025.Blockchain analytics…

After the European Central Bank released a blog post on the shortcomings of Bitcoin, the crypto community on Twitter took to the comments to defend the cryptocurrency. In light of the recent FTX collapse and liquidity scandal, regulators in the European Union have joined other global lawmakers in a push…

RNS’ on-chain KYC solution is designed on a “privacy engine” to encrypt users’ data. RNS, a digital Web3 identity platform developed to support the application and issuance of sovereignty-backed IDs, announced on Nov. 30 that it is integrating with zkSync for on-chain Know Your Customer. RNS. indicated in a release…