Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Russia’s Digital Ruble Integrated Into Banking App

VTB has become the first Russian bank to add the digital ruble to its mobile application. The integration is currently being tested with accounts set up for legal entities. Select customers will be granted access in the coming months and will be able to join the trials. VTB’s Mobile App to Support Digital Ruble Transfers […]

Forget all the current scandals (FTX, LUNA, et at) , the mother of all liquidity crisis is still on the table.

Over the past few weeks three have been too many scandals too numerous to even list here. But these scandals are just the tip of the iceberg pf chaos to come. Miners are currently paying a 30% premium to min BTC. There are a few public mining operations that are going to have to scramble…
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Crypto token supplies explained: Circulating, maximum and total supply

Circulating, maximum and total supply are all essential metrics for an investor’s price discovery. Find out here what they are and how they can be used.

5 reasons 2023 will be a tough year for global markets

From inflation to energy shortages and general instability, markets are set for a turbulent year ahead.

Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck on FTX’

According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the hedge fund’s capital is left trapped on FTX. Galois co-founder, Kevin Zhou, wrote a letter to investors explaining the situation and said he was “deeply sorry” about the turn of events. Galois […]

Binance’s CEO Warns Crypto Crisis Is Not Over

submitted by /u/kirtash93 [link] [comments]

Now that the music has stopped – it’s time to pay attention

TL;DR For years there have been red flags in the industry marked as "FUD". With people losing their life savings that "FUD" is sounding more like "Truth". Well, here's more truth – LUNA, Celsius, FTX was just the beginning – the entire system is propped up on bad, bad, leverage. You need to stop watching…
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FTX held less than $1bn in liquid assets against $9bn in liabilities, this is why “proof of reserves” means nothing. They must include info of liabilities.

FTX held less than $1bn in liquid assets against $9bn in liabilities What a shitshow. After this, crypto exchanges are showing their proof of reserves to the public. Binance Crypto.com These don’t mean shit, unless they can show how much they should actually have. Someone gave me $5, it doesn’t mean shit if I I…
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