On November 11, FTX Group and roughly 130 companies, comprising FTX Trading, FTX US, and Alameda Research, declared bankruptcy in the United States, citing a liquidity crunch. This occurred after SBF tried to destabilize the crypto market to save FTX, per reports.
$1.2 billion in Bitcoin was liquidated during last week's crypto crash. It was not simply Bitcoin, clearly. The collapse of Terra amounted to a degree of market contagion, which hurt crypto markets in general.
According to CTV News Toronto, Ontario's crypto king Aiden Pleterski was kidnapped and tortured for about three days.
In a recent tweet, Raja Koduri, executive VP and general manager of Intel's Accelerated Computing Systems and Graphics (AXG) Group, announced that Intel has started shipping its Bitcoin mining rig just as the cryptocurrencies are crashing.
Pavel Zavalny, the head of Russia's congressional energy committee, said that the nation is going to legalise the use of cryptocurrency in international trade even though President Vladimir Putin rejected the idea last year.
NFTs are gaining a lot of traction these days since they're a great method to show off and market your digital artwork which has led to everyday technology questions like what is an NFT and how is it different from cryptocurrency?
There are a number of competitors that have established themselves in the market despite the volatile nature, and these 10 cryptocurrencies are the top choices that could become the next Bitcoin in 2023.
The original Treasury report released in September 2022 described the formation of a CBDC working group, and now they are discussing potential routes for the digital dollar.
LinkedIn published a blog entry outlining its efforts to fight fraud. This had to be done after it was revealed that big crypto investment frauds are happening via LinkedIn.
Due to the mysterious deaths of the four cryptocurrency billionaires who passed away within a month, the crypto world has come up with conspiracies, with one claiming they were assassinations.