Crypto Trading Firm GSR Sees Opportunities in Alameda’s Demise
Against the backdrop of November’s crypto market carnage, Jakob Palmstierna, CEO of trading firm GSR, cuts a surprisingly serene figure.
XRP Lawsuit: Lawyer Hints Ripple’s Counter Over Massive XRP Holding
The long running XRP lawsuit is moving toward the final phase of the Summary Judgment. US SEC and Ripple defendants reportedly have begun to file replies to opposition to Motions for summary judgment, under seal. However, Ripple benefiting from holding a massive amount of XRP will still be a major talking point in the case.
Bitcoin Miners Continue To Face the Heat, but What’s the Way Forward
Bitcoin miners were one of those sections of the crypto community who were impacted massively by the crypto winter, thanks to the selling pressure. According to the founder of Capriole Fund, Charles Edwards, the increase in miners’ stress could also paint a negative outlook for the king coin in the long term.
Tether Responds to Media FUD Regarding Rising Loan Risk
On Dec. 1, the Wall Street Journal published another attack on the crypto industry, targeting Tether this time.
MetaComp Becomes the Latest Crypto Exchange To Receive Singapore License
Singapore-based crypto exchange MetaComp has been granted Singapore’s Major Payment Institution license, enabling it to offer digital asset exchange and custody services to institutional investors from Thursday, Dec. 1.
FNCY Launches Own Mainnet With New Tokenomics
Singapore Dec. 2, 2022 – FNCY, the Web3 entertainment platform presented by Metaverse World, a blockchain subsidiary of Netmarble F&C, launches its own mainnet today and they are one step closer to bring the Web3 world where people can enjoy complete access to all forms of entertainment such as games, web-toons, web-novels, K-Pop, metaverse and more to come.
420 Bitcoin Trading At $15 in 2012 On Move After Ten Years
420 Bitcoin tokens were just moved amid the struggling markets after being dormant for ten years.
Magic Eden Follows OpenSea With NFT Royalty Enforcement Tool
Magic Eden, a Solana-based nonfungible token (NFT) marketplace, has become the latest platform to release a tool allowing creators to enforce royalties on their collections.
S.Korea Court To Settle MIR4 Maker Wemade, WEMIX Legal Battle
Following a court hearing on Friday, the Seoul Central District Court is expected to soon finalize its decision on an injunction that South Korean blockchain game developer Wemade Co., Ltd. filed against four major cryptocurrency exchanges after the trading platforms announced the delisting of Wemade’s native token, WEMIX, local media outlets reported.
FTX Japan Might Soon Allow Fund Withdrawals to Its Clients
The latest Bloomberg report states that the Japanese subsidiary of bankrupt crypto exchange FTX is working to facilitate withdrawals of their funds. If so, this would be a rare case of investors getting their money back from a collapsed exchange. FTX Japan had first suspended the withdrawals on November 8, three days before the exchange filed for bankruptcy. As per the FTX Japan website, the FTX Trading management team has decided to resume withdrawal services. But before that, the firm is working on a security audit, incorporating controls, reconciliation, and reviews. (coingape)
