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FTXChangpeng Zhao, chief executive officer of crypto exchange Binance, has denied a report claiming he met with investors in Abu Dhabi to raise cash for the company's crypto recovery fund. Zhao and the Binance team reportedly met with potential backers associated with United Arab Emirates National Security Adviser Sheikh Tahnoon bin Zayed, while a Binance spokesperson said the meetings were focused on global regulatory matters.See the Story
Binance CEO Seeking Funds From Middle East Investors for Crypto Recovery Fund: Bloomberg
50% Center coverage: 4 sources
MetaversePorsche has revealed plans to launch 7,500 NFT vehicles in January. BMW has applied to trademark its logo in relation to a host of Web3 products and services. Deadmau5 is gearing up for a music and gaming focused Metaverse platform. NFTs depicting the ongoing protests in China have found their way to the NFT marketplace.See the Story
Nifty News: Porsche 911 NFTs, BMW files Web3 trademarks, Baby Shark’s NFT game and more... By Cointelegraph
100% Center coverage: 2 sources
Thai VC fund acquires troubled exchange Zipmex for $100M: Report By Cointelegraph
100% Center coverage: 2 sources
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BitcoinThe top five exchanges alone recorded more than $60 billion in 24-hour trade volume on Tuesday, Nov. 8. All ten of the top crypto exchanges saw significant triple-digit increases in terms of 24-Hour trade volume. The world's largest exchange, Binance, saw $46.92 billion in global trade volume during the past day.See the Story
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays – Exchanges Bitcoin News
CryptocurrencyFATF is planning to conduct annual checks to ensure countries are enforcing AML and counter-terrorist financing (CTF) rules on crypto providers. At the moment, there are 23 countries on the grey list, including Syria, South Sudan, Haiti and Uganda. Failure to comply with crypto AML guidelines won't automatically put a country on the FATF's grey list.See the Story
Countries ignoring crypto AML rules risk placement on FATF's 'grey list' — Report By Cointelegraph
100% Center coverage: 2 sources
CryptocurrencySingapore-based crypto exchange Bybit will not restrict users from the Russian Federation, despite the city-state's central bank reiterating this week that licensed coin trading platforms must comply with sanctions. The Monetary Authority of Singapore (MAS) said that pro-Russian groups have been using digital asset exchanges to raise millions of dollars in crypto donations.See the Story
Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Call, Report – Exchanges Bitcoin News
Nifty News: NFT marketplace says no to opt-in royalties, Visa jumps on World Cup NFTs and more By Cointelegraph
100% Center coverage: 2 sources
The World's Weakest Currency, Kiyosaki Says Greenback Is 'Toast,' IRS Crypto Tax Update and More — Bitcoin.com News Week in Review – The Weekly Bitcoin News
TwitterNonfungible token (NFT) marketplace LooksRare is the latest in a string of NFT markets to do away with enforcing creator royalties by default following the likes of Magic Eden and X2Y2. Buyers can still choose to pay royalties when purchasing an NFT but will be on an opt-in basis. Twitter is testing NFT Tweet Tiles with a larger picture along with details of the NFT and the name of its creator.See the Story
Nifty News: LooksRare the latest NFT market to sack royalties, Twitter’s tweeting tiles, and more By Cointelegraph
100% Center coverage: 3 sources
BrexitBillionaire investor Man Arms has warned that Britain must renegotiate its exit from the European Union. Arms insists the UK's present financial woes are the results of a poorly negotiated Brexit deal and not Liz Truss authorities' controversial tax reduce proposals. Arms: Conservatives should own up to the mistake in how they negotiated Brexit and have somebody leading it.See the Story
Report: Billionaire Says Britain May Be Forced to Seek Bailout From IMF if It Does Not Renegotiate Brexit Deal – Economics Bitcoin News
Bitcoin · GhanaGhana's currency, the cedi, recently touched a new low versus the U.S. dollar on the forex parallel market after it reportedly slipped by 12% in just four days. As Ghana waits for a financial bailout from the International Monetary Fund (IMF), the country's currency continued its slide versus the dollar. Following this latest plunge, the Cedi has now depreciated by more than 55% in 2022.See the Story
