Cryptocurrency investment product provider Grayscale Investments has refused to provide on-chain proof of reserves or wallet addresses to show the underlying assets of its digital currency products citing “security concerns.” In a Nov. 18 Twitter thread addressing investor concerns, Grayscale laid out information regarding the security and storage of its […]

Calls for harsher regulations around cryptocurrencies and digital assets will likely grow louder in the aftermath of FTX’s collapse — something former United States presidential candidate Andrew Yang said isn’t conducive to making America a hotbed for blockchain innovation.  Speaking at the Texas Blockchain Summit in Austin on Nov. 18, […]

FTX founder nurses an ambition to make a comeback in the digital asset space following the implosion of his firm. He admits that it is a long shot but he will be making a valiant attempt at raising liquidity. Changpeng Zhao, Binance’s founder, believes it will be impossible to return […]

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The FTX collapse has created a sense of uncertainty among large and retail investors alike, who are not very sure whether they should keep […]

Bitcoin (BTC) is the greatest monetary revolution of the modern age. By simply buying and holding Bitcoin, citizens are staging a peaceful protest against the indentured servitude brought on by fiat economics. In the process, they’ve initiated one of the greatest wealth transfers of all time — a process that […]

The founder of blockchain-based social video platform Cheelee and its sister Web2 mobile app NUTSon announced the launch of a $200-million support program for affected global cryptocurrency exchanges. The investments will go through the crypto winter solidarity fund run by Roman Alekseev and his partners, as his recent Instagram post […]

In the wake of the recent FTX scandal, another crypto business is feeling the market effects. Genesis Block, a frontrunner for providing cryptocurrency retail services in Hong Kong, announced it will cease trading and shutter operations, according to reports. According to an email sent out to its customers by the compliance […]

Zug, Switzerland, 17th November, 2022, Chainwire Sensorium, the company behind the industry-leading Sensorium Galaxy metaverse, is pleased to announce that it is entering into a collaboration agreement with Polygon Studios. As part of this wide-ranging alliance, Polygon’s blockchain infrastructure will be crucial in underpinning and furthering Sensorium’s Web3 developments, supporting token […]

Ethereum (ETH) is barely moving as it sinks near current support. Ether has been stuck between levels of $1,070 and $1,350 since November 9. Sellers have failed to exert more selling pressure below current support after the initial breakdown on November 9. A similar setback occurred in buyers’ attempts to […]

Rumors and speculations surrounding former FTX CEO Sam Bankman-Fried (SBF) continue to bombard the crypto community as the effects of the FTX collapse proceeds to be felt throughout the crypto space.  One of the rumors floating around social media is that SBF filed a masterclass on trading that was scheduled […]