Bitcoin News
Bitcoin mining difficulty reaches all-time-high despite slump in price, FTX woes
Bitcoin mining difficulty rose 0.51% to an all-time-high in Monday’s biweekly adjustment, according to BTC.com.
Ningwei Qin
Contributor
Ningwei is a Research Associate at Forkast. She focuses on China beat with her previous experiences in major Chinese media of Caixin, CCTV and People's Daily. Ningwei holds a Masters degree in Journalism from the University of Hong Kong.
Bitcoin News
Bitcoin mining difficulty rose 0.51% to an all-time-high in Monday’s biweekly adjustment, according to BTC.com.
Ningwei Qin
Altcoins
Alameda Research and its affiliates had about US$5.1 billion in liabilities as of Sept. 30, according to a bankruptcy court filing dated Nov. 17.
Ningwei Qin
Regulation
In a submission to the U.K. Parliamentary Treasury Committee, Binance denied that it deliberately sought to sink competitor crypto exchange FTX.
Ningwei Qin
Regulation
The number of creditors with claims on the collapsed FTX cryptocurrency exchange and its affiliates may run into the hundreds of thousands and possibly more than 1 million.
Ningwei Qin
Altcoins
Masayoshi Son's SoftBank Group is having an awful year on the investment front and has now been hit by the FTX failure.
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Regulation
Hong Kong remains bullish on virtual assets in the financial sector after the FTX debacle, while maintaining the view that regulation of businesses is a prerequisite for market development.
Ningwei Qin
Regulation
Huobi Global’s ex-CEO Leon Li has extended a US$14 million loan to New Huo Technology after a subsidiary had US$18 million of cryptocurrency locked in the bankrupt FTX exchange.
Ningwei Qin
Regulation
US regulators want to know more about what Binance discovered when it took a look at FTX's books, and then canceled a bailout deal.
Ningwei Qin
Regulation
US regulators the Department of Justice, the Securities and Exchange Commission and the Commodity Futures Trading Commission are probing beleaguered crypto exchange FTX.
Ningwei Qin
Altcoins
Binance cites due diligence on FTX books for pulling out of a deal to buy FTX.com, sending markets into a tailspin and leaving Bankman-Fried in need of another buyer… fast.
Ningwei Qin