Sam Bankman-Fried, the jailed founder of the FTX cryptocurrency exchange has reportedly signed papers on Dec. 20 that will soon see him handed over to Federal Bureau of Investigation (FBI) agents and flown to the United States to face criminal charges.

The move was expected, as Bankman-Fried was reported to have agreed in principle to being extradited to the U.S. earlier this week on Dec. 19, despite earlier reports indicating he wanted to see the indictment against him first

Shiba Inu’s vague countdown timer was simply implying a new website design.

The SHIB community misinterpreted it as a countdown to the launch of Shibarium.

Shytoshi Kusama, SHIB’s chief, issued an apology over Twitter page:

"Please note that I am not responsible for every detail of Shib (i.e. website). So I applaud Trophias and his team for the new design and totally understand how the countdown could have been misleading. Although not in control of that, I apologize for any confusion. Stay t

Peer-to-peer cryptocurrency marketplace Paxful has removed Ether (ETH), Ethereum’s native token, from its marketplace, citing a number of concerns around the world’s second-largest cryptocurrency by market capitalization.

Paxful CEO Ray Youssef announced the move in a message to some 11.6 million users of the platform, which he subsequently shared on his Twitter handle saying:

"We finally kicked #ethereum off our marketplace. 11.6m humans safer. Integrity over revenue

Who is next ?"

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As the FTX collapse continues to cause turmoil in the crypto industry, various crypto exchanges have delisted FTX Token (FTT) on their platforms. 

Binance, BitMEX and KuCoin have delisted FTX Token pairs from their crypto exchange platforms.

In an announcement, crypto exchange Binance highlighted that they have removed the FTT/BTC, FTT/BNB, FTT/ETH and FTT/USDT trading pairs on their platform citing that the pairs failed to pass their recent reviews.

 However, the exchange noted that the FTT/

Last week’s fluctuations in the crypto market had the strongest impact on Solana, whose total value locked (TVL) in DeFi protocols fell by 60% to $377 million as of November 14. Solana’s market cap roughly halved over the past week.

The SOL price plunged by 56% over the past week. Between November 7 and 14, the token dipped to the $12.93 mark. According to CoinGecko, SOL is trading at $14.45 as of 12:00 (GMT+2) on November 14. Solana’s market cap decreased by 50% during this period, reaching $5

The term “volatility” implies the changeability of a phenomenon. It can be used in different contexts, but it’s usually applied as a financial characteristic. The term is especially often used today in the context of cryptocurrencies.

In a broad sense, “volatility” means a range of value fluctuations. The same goes for cryptocurrencies. The high volatility of cryptocurrencies is their value volatility, which can rise by 300% in a single trading session and then fall by 400%, or vice versa.

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Below are the benefits of P2P trading:

1. Absence of intermediary:

 There is no intermediary in the Peer-to-Peer exchange platform. This makes it possible that exchange is not being interfered with by a third party and this makes transactions faster transparent. 

2. There is no centralized control:

The Peer-to-Peer platforms are decentralized and so are the transactions No one can interfere with the exchange process, not even the Central bank can influence the pattern and flow of transactio

Peer to Peer trading is simply buying and selling cryptocurrencies directly between users, without the intervention of a third party or intermediary. 

Peer to Peer trading allows you to decide who buys the cryptocurrencies and who to buy from, the price you will charge, and execution time. Peer-to-Peer platforms use a freeze deposit function known as “escrow” to increase the security on their platform.

Binance is one of the best and most reliable platform which provides the best escrow service