Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo

The CEO of cryptocurrency exchange Kraken has outlined the impact of FTX’s failure on the crypto industry. After listing multiple red flags, the executive stressed: “The damage here is huge … We’re going to be working to undo this for years.” Crypto Exchange Kraken’s CEO on Damage to Crypto Industry Caused by FTX’s Failure The […]

8 attempts to send ethers failed. What the fuck is this stupid coin?

Title, and i paid about $1 or how much per each attempt. Wtf is happening, why i cant send my ethers … do i need to make 100 attempts in total for $100 fees or what??? Wtf. Transaction status: Fail. Warning: error occured during contract execution. Execution reverted. Cancelled. Wtf is this stupid Ethereum??? Golden…
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Mercedes F1 team suspends partnership with FTX

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

Starting to see chatter in the last ~1 hour of Crypto.com users seeing extremely slow withdrawals

Seeing it both in this sub and on Twitter. Just search "crypto.com withdrawal" on Twitter. Run on CDC? https://twitter.com/mrdanielfeo/status/1591904129345257472?t=dnBGGjV5mcpV8Kx0XwkRmQ&s=19 https://twitter.com/Million7111/status/1591899049682247680?t=E93T1FoOPgDdIS-L8VqY0g&s=19 https://twitter.com/Renee81523062/status/1591905602703589376?t=J-3Nx5v_U8NR9DkKW3_IIA&s=19 https://twitter.com/RealLeo1977/status/1591905450592817158?t=H0Zh5KUqJ4knvs9xdts0-A&s=19 https://twitter.com/MineSum10/status/1591870230103564288?t=drEtDHa9Zyrg-_g2bAEsAA&s=19 submitted by /u/psufb [link] [comments]

CrossTower revises new offer for Voyager's assets after FTX's bankruptcy

Voyager reopened its bidding process after FTX US, the original winner, filed for bankruptcy on Nov. 11.

Developers could have prevented crypto's 2022 hacks if they took basic security measures

Crypto doesn’t need reversible transactions. It needs real-time threat monitoring and more audits.

Crypto.com sent $1bn in stablecoins to FTX in 2022 – Etherscan.io

Despite Crypto.com claiming to have near 0 exposure to the fallout of FTX it's been discovered that they had, over the course of the last year sent multiple very large 10-40m stablecoin transfers to FTX totaling approximately $1bn. https://etherscan.io/tokentxns?a=0xadd6d754b48a7eb4b4a71651722666093f7bc5d9&p=1 Transactions can be seen on the etherscan link: https://etherscan.io/tokentxns?a=0xadd6d754b48a7eb4b4a71651722666093f7bc5d9&p=2 Multiple confirmed wallet addresses from crypto.com sending…
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Bank of Russia Sets Out to Regulate Digital Asset Taxation, Exchange, Still Opposed to Crypto

The Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top management has reiterated. The monetary authority is now working on a set of regulatory proposals that will be submitted to parliament by the end of the year. Russia’s Central Bank Takes Legislative Initiative in […]

What do you consider the biggest advantage of Ethereum?

According to CoinMarketCap, the world now has nearly 21,000 cryptocurrencies. This makes determining which ones will be profitable in the long run difficult for investors. But my personal favorite is Ethereum, which is also the second-largest cryptocurrency in terms of market capitalization. There are numerous advantages, such as NFTs, because Ethereum is the major blockchain…
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