Tuesday Nov 12, 2024

Crypto Clash: FTX Sues Binance Amidst Bitcoin Boom

Dive into the high-stakes legal battle as FTX files a $1.8 billion lawsuit against Binance, accusing it of a 'fraudulent' scheme. Meanwhile, Bitcoin's surge to nearly $90,000 sparks trading interest in India despite regulatory hurdles. Discover the vulnerabilities in Ethereum rollups that could lead to predatory trading, and explore how Trump's crypto-friendly policies might influence China's digital asset market. This episode of Simply Crypto unravels the complexities and opportunities in the ever-evolving world of cryptocurrency.

Sources:
https://retailwire.com/ftx-files-lawsuit-against-rival-binance/
https://timesofindia.indiatimes.com/business/india-business/bitcoin-nears-90000-cryptocurrencies-bitcoin-trading-in-india/articleshow/115206120.cms
https://techxplore.com/news/2024-11-uncover-vulnerabilities-predatory-popular-ethereum.html
https://www.scmp.com/tech/blockchain/article/3286069/trumps-crypto-support-may-see-china-restore-digital-asset-market-hashkey-head-says

Outline:
(00:00:00) Introduction
(00:00:46) Failed Cryptocurrency Exchange FTX Files $1.8B Lawsuit Against Rival Binance
(00:03:41) Bitcoin nears $90,000: How can I trade cryptocurrencies in India?
(00:06:18) Researchers uncover vulnerabilities leading to predatory trading in popular Ethereum cryptocurrency rollups
(00:09:03) Trump’s crypto pledge may see China restore digital-asset market: HashKey head

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