FTX bankruptcy filing details, Binance’s crypto industry fund and a U.S. CBDC pilot: Hodler’s Digest, Nov. 13-19

FTX bankruptcy filing details, Binance’s crypto industry fund and a U.S. CBDC pilot: Hodler’s Digest, Nov. 13-19

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week SBF received $1B in personal loans from Alameda: FTX bankruptcy filing Documentation related to FTX’s …

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Location, location, location – Cointelegraph Magazine

Location, location, location – Cointelegraph Magazine

When it comes to designing a metaverse map, it’s more about the vibe than practicality. From space pods to jungle islands and celebrity neighbors, users want to feel like they are someplace special. What considerations go into designing a metaverse platform? Insiders explain that one key factor is that virtual worlds need to be created with features familiar to their …

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Bitcoin

Bitcoin Price Resists But Breaking This Resistance Could Encourage Bulls

Bitcoin price is struggling to clear the $17,000 resistance zone. BTC must stay above $16,000 to avoid more losses in the near term. Bitcoin is still consolidating above the $16,350 and $16,000 support levels. The price is trading just above $16,500 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $16,750 …

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Banks in the United States Begin Testing a Digital Dollar Blockchain Pilot

Banks in the United States Begin Testing a Digital Dollar Blockchain Pilot

While the loss of FTX has rocked the crypto industry to its core, conventional financial institutions like Banks are venturing into the realm of digital money. On Tuesday, a coalition of financial institutions, including Wells Fargo, HBSC, and Mastercard, announced the creation of the Regulated Liability Network (RLN), a proof-of-concept virtual money network. According to the consortium, the platform would …

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Blockchain and the world’s growing plastic problem – Cointelegraph Magazine

Blockchain and the world’s growing plastic problem – Cointelegraph Magazine

Everything makes its way to the sea, and none more so than plastics. There are now five floating plastic islands in different oceans across the world, with the largest island even having a name, the Great Pacific Garbage Patch, which is three times the size of France. Lying between California and Hawaii, it is the world’s biggest ocean waste repository, …

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Binance Will Not Acquire FTX

Binance Will Not Acquire FTX

In a recent development, Binance has publicly confirmed that it would no longer pursue the FTX takeover. This follows the Binance team’s due diligence on the internal operations of the debt-ridden FTX exchange, as well as allegations of user money mishandling and purported investigations by US authorities. As a result of corporate due diligence, as well as the latest news …

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How to stop your crypto community imploding

How to stop your crypto community from imploding – Cointelegraph Magazine

Crypto communities can often implode, despite the best intentions of everyone involved. Genuine communities with plausible but convoluted project ideas can fail just as easily as projects like DeFi Wonderland, which imploded because of its CFO’s connection to the controversial, defunct Canadian exchange QuadrigaCX. Plausible projects face scaling challenges like Zilliqa or project management problems like Bitcoin Diamond… or simply …

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