Ethereum News – Page 5 – WORLD CRYPTO BUSINESS

Silbert downplays liquidity crisis, expects $800M revenue in 2022 for DCG

[ad_1] Following rumors of potential contagion from FTX, Digital Currency Group (DCG) CEO Barry Silbert sent shareholders a memo on Nov. 22 addressing the situation surrounding Genesis’ liquidity. A potential billion-dollar hole... Read more »

Genesis fails to raise funds as FTX contagion weighs on DCG-owned company

[ad_1] Crypto brokerage Genesis failed to raise funds and is potentially facing bankruptcy without additional funding, Bloomberg reported  Nov. 21. The company is rumored to be seeking a $1 billion cash injection... Read more »

Cardano’s Hoskinson calls for stronger governance as FTX failure proves humans are ‘bad at being honest’

[ad_1] Input Output (IO) CEO Charles Hoskinson argued that cryptocurrency needs strong governance to avoid repeating what happened at the defunct FTX exchange. Delivering the keynote speech at IO ScotFest, Hoskinson spoke... Read more »

99% ETH OFAC compliance to slow block time to 3hrs but not censor

[ad_1] As the Office of Foreign Assets (OFAC) compliance levels continue to increase on the Ethereum blockchain, a researcher for Scroll ZKp attested to the fact that a censored transaction will still... Read more »

FTX Exploiter swaps 50K ETH to BTC swap sparking concern for Ethereum as ETH dips 3%

[ad_1] On Nov. 20, the FTX Exploiter account began to start shifting the stolen funds once again — totaling 50,000 Ethereum (ETH) valued at an estimated $60 million. The FTX hacker is... Read more »

BTC difficulty to adjust over weekend as miners capitulate

[ad_1] Bitcoin’s mining difficulty is expected to adjust Sunday night/Monday morning (Nov. 20/21.) Currently, over 100% of the mined Bitcoin supply is being spent at the fifth most significant rate ever. Following... Read more »

What’s going on with Silvergate, the bank that props up the U.S. crypto market?

[ad_1] Earlier this week, cryptocurrency bank Silvergate announced that its exposure to FTX was limited to its deposits. The U.S. bank, which services the majority of the crypto industry in the country,... Read more »

Yield farming alternative Haru Invest leverages market inefficiencies through algorithmic trading – SlateCast #32

[ad_1] Haru Invest offers an alternative to yield farming by providing a custodial solution to leverage market inefficiencies through algorithmic high-frequency trading. Such trading strategies are often reserved for OTC trading firms... Read more »

How web3 gives power back to the players with Alex Connolly CTO of Immutable X – CryptoSlateIRL #22

[ad_1] Speaking with CryptoSlate’s Akiba at the recent NFT.London event, CTO of Immutable X, Alex Connolly, spoke about the future of web3 gaming and the power it gives back to the players.... Read more »

Oldest Bitcoin holders start selling; FTX court filing reveals SBF’s $1B loans from Alameda

[ad_1] The biggest news in the cryptoverse for Nov. 17 includes the high selling tendency of Bitcoin holders older than 10 years, SBF’s $1.6 billion personal loan from Alameda Research, and Bitcoin... Read more »