Former FTX CEO Sam Bankman-Fried landed in the United States on Dec. 21. And, at least till the end of his court cases, he will live with his parents in Palo Alto, California. A bail was granted to SBF on the conditions of a $250 million bond, home detention, location monitoring and the surrender of his passport. His parents secured…
It’s been a wild year for NFTs, and along the way, there have been some spectacular losses, mistakes, and questionable choices made by people in the space. We’ve collected them here for you: the most notable Ls that NFT collectors, creators, and marketplaces took over the course of 2022. These aren’t necessarily the largest losses purely measured by dollar amount,…
Gold prices are ending the year a hair below the values recorded 12 months ago. Statistics on Dec. 26, 2021, show the U.S. dollar value per ounce of gold was $1,810 per unit, and today gold is $1,797 per ounce. Silver, on the other hand, managed to increase a hair in value since last year, as prices climbed from $23.04…
With the rising interest in digital assets from institutional and retail investors, custody options have also experienced parallel growth. As a result, different kinds of custody choices have evolved as the market changes, and new providers are working to establish the structures and controls that are most effective for particular markets and offerings. Self-custody, exchange wallets and third-party custodians are…
The S&P 500 may try to move up in the short term and that could trigger a recovery in Bitcoin and select altcoins. Source: https://cointelegraph.com/news/price-analysis-12-26-spx-dxy-btc-eth-bnb-xrp-doge-ada-matic-dot
Project Hamilton, the research project of the United States Federal Reserve Bank of Boston and Massachusetts Institute of Technology (MIT), announced its conclusion in the runup to Christmas. The two-year project looked at the technical aspects of a hypothetical United States digital dollar central bank digital currency (CBDC). “Project Hamilton took critical early steps toward a deeper understanding of how…
Nexo has denied reports that talks over the potential acquisition of troubled rival crypto lender Vauld have been terminated, stressing that the decision on the future of the rival lender is in the hands of the firm’s creditor committee, not its former CEO. Rumors that negotiations had collapse were sparked by an email sent by Vauld founder and CEO Darshan Bathija…
There is never been a dull moment in crypto, and this year was no exception. In 2022, Kraken celebrated 11 years of our mission to accelerate the adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion. It’s been quite a ride. Our singular focus on this mission has allowed us to…
Litecoin raced to a ten-day high to start the week, as markets returned from the Christmas holiday weekend. The token extended recent gains to start the week, and neared a key resistance point in the process. Xrp was also higher, as it also collided with a price ceiling. Litecoin (LTC) Litecoin (LTC) was one of the notable gainers on Monday,…
2022 has been a bumpy year for the cryptocurrency market, with one of the worst bear markets on record and the downfall of some major platforms within the space. The global economy is beginning to feel the consequences of the pandemic, and clearly, this has had an influence on the crypto industry. Below is a breakdown of some of the…
