Crypto News 26 Nov 2022

Please find below today’s Crypto News 26 Nov Headlines

Crypto News 26 Nov #1 – MetaMask’s new privacy policy update evokes reactions

MetaMask revealed recently through its updated privacy policy that users’ data would now be recorded Negative reactions followed, at a time when the self-custody conversation is only getting stronger Investors are losing faith in centralized exchanges at an increasing rate, and the phrase “your coins, your keys” appears to be the new catchphrase.

Crypto News #2 – Singapore Initiated Fraud Investigation into This Crypto Lender

Singapore investigative unit initiated a probe against Holdnaut for allegedly denying its exposure to the defunct Terra algorithmic stablecoin collapse and losing $190 million. Founded in 2019, the Singaporean crypto lender is in the investigation books for misrepresenting facts of its exposure in the fallen Terra stablecoins.

Crypto News 26 Nov #3 – Crypto Lender Hodlnaut Under Investigation For Possible Fraud

Hodlnaut, a Singapore-based crypto lender, which is currently under interim judicial management, is being investigated by the Commercial Affairs Department, the white-collar crime unit of the Singapore police, according to information released on Nov. 23.

Crypto News #4 – American Air and Air Canada Now Accept Shiba Inu Via FCF Pay

Shiba Inu (SHIB) holders can now book flights with American Air and Air Canada using FCF Pay Visa Card. FCF Pay recently announced that the world’s largest airline, American Air, and Canada’s flag carrier, Air Canada, have entered into a partnership with FCF Pay.

Crypto News 26 Nov #5 – Carbon DEX Aims to Bring CEX Trading Capabilities to DeFi

Carbon DEX Aims to Bring CEX Capabilities to DeFi. Carbon, a newly announced decentralized exchange, could help counter the monopoly of centralized exchanges. According to their Twitter announcement, Carbon introduces the advantages of CEXs to DEXs via its “Asymmetric Liquidity” model.

Crypto News #6 – Binance CEO “CZ” Adds Another $1B In BUSD To Industry Recovery Initiative

Binance CEO Changpeng “CZ” Zhao on Friday said the crypto exchange Binance has allocated another $1 billion in BUSD to the Industry Recovery Initiative (IRI).

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Crypto News 26 Nov #7 – Russia To Control Digital Assets By Launching National Crypto Trading Platform

As the crypto business grows, authorities and organizations worldwide become increasingly interested in the sector. Russia is taking a step further by launching a national cryptocurrency trading platform to keep the asset class under official supervision.

Local news site Vedomosti reported on November 23 that the lower house of the Federal Assembly of Russia, known as the State Duma, has begun working on the laws for the development of an official Russian crypto exchange.

Crypto News #8 – Crypto lender Matrixport seeks $100M funding despite the lending crisis

Matrixport, the cryptocurrency firm founded by Bitmain co-founder Wu Jihan, is in the process of raising $100 million in funding despite the ongoing crypto market crisis. Lead investors have already committed $50 million for Matrixport’s new funding round at a $1.5 billion valuation, Bloomberg reported on Nov. 25.

Crypto News 26 Nov #9 – Bank of Jamaica extends eCurrency deal ahead of full-scale CBDC rollout

Central bank digital currency (CBDC) infrastructure support provider eCurrency has announced the extension of its existing arrangement with the Bank of Jamaica for a full-scale rollout.

Jamaica and eCurrency entered into a five-month partnership to explore a retail CBDC pilot known as JAM-DEX in August 2021. However, development into the project began in April, and whispers of a full-scale rollout may have prompted the signing of a long-term partnership with the Bank of Jamaica.

Crypto News #10 – Whales Sell Off Huge Amounts Of MATIC To Book Profits

Whales Sell Off Huge Amounts Of MATIC To Book Profits. Things were looking up for Polygon following some new developments. MATIC whales are seeing this as the perfect opportunity to sell off all of their holdings. The coin is currently trading at $0.8321 after a 5% drop in price.

Crypto News 26 Nov #11 – KyberSwap Brings its swap rates on Solana with aggregator launch

By launching its aggregator on Solana, KyberSwap has expanded its DeFi presence. The integration would enable the platform to provide swap rates on Solana in a secure and user-friendly manner. This new development makes KyberSwap the first EVM decentralized exchange aggregator to offer competitive swap rates on Solana.

Crypto News #12 – Scam Alert: Circle Warns About Phishing Campaign

Circle, the issuer of the USD Coin (USDC) stablecoin, has warned about an active phishing campaign whose organizers are trying to lure users into sending their tokens to malicious addresses. The fraudsters are pretending to work for Centre, a consortium founded by Coinbase and Circle, claiming that there is a new version of the stablecoin.

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