Blog: Ethereum World News

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Author Aditya Anand, Adrian Mathieu, Adrian S. Mathieu, Andrew Carr, Arba Halpin, Daniel Philips, Guest Post, John P. Njui, Juhi Mirza, Ming Hooi, Naga Avan-Nomayo, Nick Cannon, Rahul Nambiampurath,
Stats Has published 2089 posts about cryptocurrency

Dec 02 2022

FTX’s Sam Bankman-Fried Knew More About Alameda Research Finances Than Let On: Forbes Report

Sam Bankman-Fried has claimed that he wan not aware of Alameda's finances but a report by Forbes indicates that he had knowledge about the quant trading firm's finances.

Mike Novogratz’s Galaxy Digital might buy crypto custodian GK8 from Celsius

Summary: Galaxy Digital won a bid to buy one of Celsius's assets as part of bankruptcy proceedings for the crypto lender. Mike Novogratz's company will buy GK8, a custodial business that Celsius acquired over a year ago in November 2021. The custodian plans to launch crypto trading and lending for institutional investors. Galaxy Digital submitted a successful bid for GK8, a crypto custodial...

Ankr Protocol will reimburse users after $5 million, Binance seized $3 million from the exploiter

Ankr users affected by Friday's hacks will be reimbursed. The protocol will also buy 5 million of BNB to pacify liquidity providers.

Dec 01 2022

Coinbase Calls Out Apple For Blocking NFT Transactions On iOS

Coinbase has revealed that Apple blocked its latest app release due to the in- app NFT trading feature. Apple has levied a 30% tax on gas fees.

Nov 30 2022

Binance CEO Changpeng Zhao Takes A Subtle Dig At Kraken And KuCoin

Changpeng Zhao's latest tweet is drawing criticism for spreading FUD against rival exchanges Kraken and KuCoin.

Uniswap Labs debuts NFT marketplace aggregator with $5 million USDC airdrop

Nov 30 2022 Published at Ethereum World News under tags  looks rare news nfts opensea uniswap

Summary: The decentralized exchange announced non fungible token trading on Wednesday months after buying Genie, a major NFT aggregator. Wednesday's update features a $5 million airdrop in Circle's USD Coin (USDC) for Genie users. The popular DEX hopes to bridge the gap between crypto exchanges and digital collectible marketplaces. Uniswap Labs, the startup behind DeFi's biggest crypto exchange, added support for non fungible...

Binance returns to Japan after buying local crypto exchange Sakura

Binance back in Japan with Sakura Exchange Bitcoin in its pocket.

Nov 29 2022

Crypto Exchange Coinbase Set To Delist $XRP From Its Platform

Coinbase it set to delist XRP, ETX, XLM and BCH on 5 December 2022. Low usage has been cited as the reason for this move.

Solana wallet Phantom to add support for Ethereum and Polygon

Summary: Users will be able to transfer tokens on Ethereum and Polygon thanks to an upcoming upgrade from the team. The Solana-based project was built by Ethereum developers and had over 3 million active users at press time. Phantom, the most popular crypto wallet for Solana users, said support for Ethereum and Polygon will be available soon. The team will launch a beta...

BlockFi sues former FTX CEO over Robinhood shares

Summary: The crypto lender filed a complaint in New Jersey regarding Sam Bankman-Fried's Robinhood shares. SBF pledged his Robinhood shares to BlockFi as part of an agreement on November 9, the lender filed this week hours after declaring chapter 11 bankruptcy. Bankman-Fried's 7.6% stake in Robinhood was purchased in May for $600 million. Bankrupt crypto lender BlockFi submitted a lawsuit against FTX founder...

Nov 28 2022

Binance Makes Multi-Billion Dollar Transfers Following FTX’s Collapse

Binance has moved around several billion since the collapse of FTX. The latest transfer, worth $2 billion came earlier today.

BlockFi declares bankruptcy, files Chapter 11

Summary: Crypto lender BlockFi declared bankruptcy on Monday after exposure to FTX. The company had some 100,000 creditors and around $256 million in cash when chapter 11 was filed. FTX backed the lender with a $250 million loan following Three Arrows Capital exposure. Cryptocurrency lender BlockFi filed for chapter 11 bankruptcy on Monday following exposure to troubled crypto exchange FTX, the exchange founded...

FTX’s collapse throws Singapore officials under parliamentary review

Singapore's top government officials and the country's largest VC have questions to answer at parliament after FTX defrauded retail investors.

Nov 24 2022

Amazon Taps The Russo Brothers For TV Series About The FTX Saga

Amazon is set to collaborate with the Russo brothers and David Weil to release a TV series based on the downfall of FTX.

Ethereum coders reached consensus on Shanghai update

Summary: Ethereum developers had their weekly call to discuss what features should roll out in the next hard fork. Marius Van Der Wijden said coders were already working toward staked Ether withdrawals prior to the call. Developers will proceed with around eight Ethereum Improvement Proposals for Shanghai, the next technological upgrade. The timeline for the upgrade was unclear at press time. Developers at...

Ethereum developer ConsenSys said Infura stores IP addresses from Metamask users

Summary: The blockchain firm said Infura collects IP addresses from MetaMask users and temporarily stores the data. ConsenSys shared the news via an update to the company's privacy policy. Decentralized exchange Uniswap also tweaked its privacy policy to include off-chain data collection. ConsenSys, a blockchain product company building Ethereum-centered solutions, told users that the company collects IP addresses from MetaMask users. A privacy...

Nov 23 2022

U.S Lawmakers Want DOJ To Launch An Investigation Into FTX

U.S Senators Elizabeth Warren and Sheldon Whitehouse have written to the U.S Attorney General urging him to launch an investigation into FTX.

Ethereum engineers roll out staking withdrawal devnet

Summary: The devnet was built to trial withdrawal mechanisms for staked Ether post-merge. Multiple Ethereum clients like Lodestar and Teku will interact with the devnet, said ETH developer Marius Van Der Wijden. Devs plan to ship support for staked ETH withdrawals with an update dubbed "Shanghai". An Ethereum devnet built to trial validator withdrawals for staked Ether (ETH) was announced today by Marius...

Sam Bankman-Fried wrote FTX employees a letter to break down why the crypto exchange crashed

Summary: Bankman-Fried apologized again to FTX employees and threw more light on why the cryptocurrency exchange failed. The letter released on Tuesday suggested that SBF regrets filing for bankruptcy earlier in November. Also, the FTX founder believes saving the crypto exchange is not impossible. Another letter from Sam Bankman-Fried to FTX employees gave further insight into how one of the biggest cryptocurrency exchanges...

Nov 22 2022

FTX Lawyers Acknowledge Company Mismanagement At First Bankruptcy Hearing

AT FTX's first bankruptcy hearing today, the exchange's attorneys acknowledged mismanagement that took place within the firm.

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