Cryptify News

[Cryptify News @CryptifyNews]

In 2018, Hinman stated that #Ethereum $ETH and #Bitcoin $BTC are not securities.

However, Ripple believes that this speech is vital evidence that will help the company in its case against the SEC.

[Cryptify News @CryptifyNews]

NEWS: Over the past 9 months, the heads of #Crypto companies have lost about $116 billion.

In March, CZ's stake in #Binance was valued at $65B, today it is worth $4.5B.
#Coinbase CEO is worth $1.5B today, but was around $6B in March.
#Ripple co-founder fell from $4.3B to $2.1B.

[Cryptify News @CryptifyNews]

💣 JUST IN: Marketplace #OpenSea began blocking users from Cuba, citing US sanctions.

Previously, the #crypto / #NFT platform also blocked users from Venezuela, Iran and Syria.

[Cryptify News @CryptifyNews]

🔥 FINALLY: #Crypto exchange #OKX has published a second report confirming its reserves.

The report states that OKX wallets hold 113,754 #BTC. #Bitcoin collateral ~101%.
#USDT collateral is 101%, #ETH is 103%.

@OKX said it will publish reserves reports every month on the 22nd.

[Cryptify News @CryptifyNews]

◾In addition, Bankman-Fried must undergo treatment for drug addiction and mental health.

◾Finally, the authorities have confiscated his passport.

Is this the end of the #FTXScandal, or was that just the beginning?
Comment your opinion! 👇

[Cryptify News @CryptifyNews]

🔥 BREAKING: #SBF was released on $250 million bail!

◾The court ordered former head of #FTX #crypto exchange to not make financial transactions in excess of $1,000.
◾He's also not allowed to leave home and will be limited by a location-tracking bracelet.

[Cryptify News @CryptifyNews]

🚨 BREAKING:
Billionaire Bill Miller said that he still looks positively at #Bitcoin, and added that he does not buy assets that will have to be sold.

He also said that he still continues to hold shares of #Coinbase and Silvergate #crypto bank.

[Cryptify News @CryptifyNews]

🫡 NEWS: #Huobi will release Visa #crypto cards.

The card will soon be available in several European countries, and in the future, the it will be available in other regions.
Clients will be able to pay with digital assets at all points where Visa is accepted.

[Cryptify News @CryptifyNews]

🔥 WOW: The Ministry of Digital Transformation of #Ukraine will launch #crypto literacy courses in 2023.

The course will consist of 100 hours of theory and practice materials. Users will be able to work with real cases in different ecosystems, and learn about #cryptocurrencies.

[Cryptify News @CryptifyNews]

🤯 SHOCKING:
Bloomberg: #FTX Acquired Blockfolio with FTT Tokens.

In 2020, FTX acquired the #Blockfolio platform with its #FTT exchange token, according to Bloomberg.

The deal was valued at $84 million. Approximately 94% of this amount was financed by #crypto token $FTT.

[Cryptify News @CryptifyNews]

😳 #FTX Scandal:
Caroline Ellison will only be prosecuted for criminal tax violations and can be released immediately on a $250,000 bail.

Allison is charged with seven counts. Prosecutors agree not to prosecute Allison on any of the seven counts in exchange for her cooperation.

[Cryptify News @CryptifyNews]

💥 TODAY: #SBF is in FBI custody, Alameda Research head Caroline Ellison and #FTX co-founder Gary Wang plead guilty.

The US SEC and CFTC announced charges against the two. Regulators said Ellison manipulated the #FTT price at the behest of #Crypto exchange founder - SBF.

[Cryptify News @CryptifyNews]

♟️CHECKMATE:
Gary Kasparov has said that government officials are always negative about #Bitcoin    because they know it's taking away their power.

#Crypto Is Here To Stay!

[Cryptify News @CryptifyNews]

📢 RIGHT NOW:
Waves founder turned to #crypto exchanges with a request to delist futures for the #WAVES coin.

WAVES has fallen by more than 40% over the past two weeks, and from its all-time high by 98%.

The fall of the asset was due to the volatility of the #stablecoin #USDN.

[Cryptify News @CryptifyNews]

JUST IN: 🇮🇳 India's central bank governor has said that the next financial crisis will be caused by "private cryptocurrencies". According to him, regulation for such assets is not enough, they should be banned.

“Private #Cryptocurrencies” like #BTC are the opposite of #CBDC.

[Cryptify News @CryptifyNews]

🔥 BREAKING:
#Uniswap DEX announced that its users can now buy #crypto with payment cards and bank transfers.

Fiat to digital asset conversion is available on the #Ethereum, #Polygon, Optimism and Arbitrum networks.
Users will be able to purchase assets such as DAI, #ETH #MATIC.

[Cryptify News @CryptifyNews]

NOW: One of the largest US publicly traded #Bitcoin    miners, Core Scientific $CORZ, is filing for bankruptcy.

Is it the right time to get into #crypto mining?🪙

[Cryptify News @CryptifyNews]

🤥 AT THE MOMENT:
Sam Bankman Fried (founder of #FTX #Crypto exchange) signs legal documents to be extradited to the United States.

[Cryptify News @CryptifyNews]

🐻 RESESSION:
Amazon $AMZN becomes the first company to lose $1 trillion in market value, the biggest loss in history.

For reference, the WHOLE #crypto market is currently valued at ~ $815 billion.

[Cryptify News @CryptifyNews]

#WAVES CEO announced the launch of a new #stablecoin as USDN continues to lose parity with the dollar.

The new stablecoin will be an algorithmic one and will be based on a DAO model.

Before the launch of the new coin, Waves will implement a plan to resolve the USDN situation.