Ethereum co-founder Vitalik Buterin has published a cryptic tweet, which at first glance could cause further uncertainty in the crypto community. Referring to rumors of a possible bankruptcy of Genesis Trading and its parent company Digital Currency Group (DCG), Buterin wrote that “I’m hearing through the grapevine that something important is about to happen.” Buterin did not go into further detail, going on to say, “please recognize the fact that my elite social connections to… Source link

Litecoin has been climbing the crypto market cap ranking and currently stands at rank 15 with a market cap of  as of press time. Meanwhile, the shake-up sees Solana move in the other direction, sliding from its top 10 position at the end of October to place behind Litecoin at 16th. On Oct 30, Litecoin was languishing in the 21st spot, sandwiched between Cosmos and Chainlink. However, recent events have turned the crypto industry upside down, with some commentators warning that the FTX… Source link

It seems that the European Union is moving to ban privacy coins such as Monero (XMR), Dash (DASH) and Zcash (ZEC). Monero, Zcash and Dash at risk: here’s why From a document leaked by anonymous sources, it has been revealed that the European Parliament is working on an anti-money laundering policy proposal. The aim of the proposal is to ban banks and cryptocurrency providers from interacting with the privacy coins.  The news was revealed by an anonymous diplomat who disclosed it to a… Source link

It seems that the European Union is moving to ban privacy coins such as Monero (XMR), Dash (DASH) and Zcash (ZEC). Monero, Zcash and Dash at risk: here’s why From a document leaked by anonymous sources, it has been revealed that the European Parliament is working on an anti-money laundering policy proposal. The aim of the proposal is to ban banks and cryptocurrency providers from interacting with the privacy coins.  The news was revealed by an anonymous diplomat who disclosed it to a… Source link

Ethereum has slipped over 7% on the day as the attacker who purportedly drained FTX wallets dumped a significant portion of their accumulated ETH and traded it for Bitcoin. Over the weekend, per blockchain tracker PeckShieldAlert, the exploiter swapped thousands of ETH for renBTC, a form of wrapped Bitcoin, before swapping the resulting tokens for Bitcoin. According to data from Etherscan, the on-chain Ethereum holdings of the ‘FTX Accounts Drainer’ dropped 26% from 250,735 to 185,735 over… Source link

Ethereum has slipped over 7% on the day as the attacker who purportedly drained FTX wallets dumped a significant portion of their accumulated ETH and traded it for Bitcoin. Over the weekend, per blockchain tracker PeckShieldAlert, the exploiter swapped thousands of ETH for renBTC, a form of wrapped Bitcoin, before swapping the resulting tokens for Bitcoin. According to data from Etherscan, the on-chain Ethereum holdings of the ‘FTX Accounts Drainer’ dropped 26% from 250,735 to 185,735 over… Source link

Bitcoin (BTC) starts a new week still replaying November 2020 after its lowest weekly close in two years. The largest cryptocurrency, just like the rest of the crypto industry, remains highly susceptible to downside risk as it continues to deal with the fallout from the implosion of exchange FTX. Contagion is the world on everyone’s lips as November grinds on — just like the Terra LUNA collapse earlier this year, fears are that new victims of FTX’s giant liquidity vortex will continue to… Source link

Bitcoin (BTC) starts a new week still replaying November 2020 after its lowest weekly close in two years. The largest cryptocurrency, just like the rest of the crypto industry, remains highly susceptible to downside risk as it continues to deal with the fallout from the implosion of exchange FTX. Contagion is the world on everyone’s lips as November grinds on — just like the Terra LUNA collapse earlier this year, fears are that new victims of FTX’s giant liquidity vortex will continue to… Source link

The collapse of FTX has sent shockwaves through the cryptocurrency industry. The price of bitcoin and other major digital coins have fallen sharply as problems at FTX emerged. Jakub Porzycki | Nurphoto | Getty Images Bitcoin hovered around a one-week low on Monday and other major cryptocurrencies fell sharply, as the impact from the dramatic collapse of FTX continues to ripple through the market. Bitcoin was down 3.6% to trade around $15,990.89 at 3:40 a.m. ET, according to CoinDesk data. Ether… Source link

Alex Dovbnya Did Canadian programmer Vitalik Buterin just mock Paul Graham’s vague warning about impending doom? Ethereum co-founder Vitalik Buterin recently shared a cryptic tweet that has puzzled the cryptocurrency community. Buterin tweeted that he had heard “through the grapevine” that “something important” was about to happen without going into detail. “Please recognize the fact that my elite social connections to people who are early to know things make me cool, and please help… Source link