Could South Korean Crypto Exchanges Be Safe from Bankruptcy Risk?
15.11.2022
With some of the biggest names in the crypto exchange game apparently teetering on the cusp of bankruptcy, attention in South Korea is turning to domestic trading platforms. And some are suggesting that the nation’s sector may be safe from insolvency – at least for the time being.
Per a report...
FTX debacle sees Nansen take stock of major exchange onchain holdings
15.11.2022
Blockchain analytics firm Nansen has released an overview of major cryptocurrency exchanges’ onchain asset holdings and portfolios in the wake of FTX’s collapse
Trezor reports 300% surge in sales revenue due to FTX contagion
15.11.2022
The hardware wallet firm is certain that the latest uptick in demand is a result of investors rescuing their funds in the aftermath of the FTX failure
Metaverse of Entertainment Expected to Grow to Almost $29 Billion Driven by Consumer Spending by 2026, Study Says
15.11.2022
A study from Technavio, a market research firm, has predicted that the area of the metaverse dedicated to entertainment, including virtual concerts, video games, and movies, will grow to $28.92 billion in value from 2021 to 2026. The report states that 33% of this growth will originate in U.S....
FTX Accounts Drainer Swaps Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder
15.11.2022
Some $27 million worth of ether was converted to the DAI stablecoin, while funds on the BNB Chain were converted to ether and bridged to the Ethereum network
Ethereum Price Prediction as ETH Pumps 15% From Recent Crash – Here’s Where It’s Headed Next
15.11.2022
The ethereum price has risen by 1% in the past 24 hours, with its current level of $1,269 marking a 15.8% rebound since reaching a five-month low of $1,095.18 on Thursday. This low came amid fallout from the FTX collapse, which continues to threaten the market with the possibility...
Law Decoded, Nov. 7–14: How regulators reacted to the FTX crash
15.11.2022
While some lawmakers expressed their eagerness to quick up the regulatory progress, others blamed the SEC in FTX's monopoly
Solana DeFi Sees Almost $700M in Value Wiped Out on FTX Fallout
15.11.2022
FTX founder Sam Bankman-Fried was a prominent backer of the Solana network
Defunct Billion-Dollar Crypto Hedge Fund Three Arrows Capital Speaks Out, Blames Collapse on FTX
15.11.2022
Kyle Davies, founder of the collapsed crypto fund Three Arrows Capital (3AC), has lashed out at FTX, claiming that the exchange hunted their positions during the LUNA collapse.
Speaking on the fallout of crypto exchange FTX and its trading arm Alameda Research, Davies said the firms were also...
Billionaire Mark Cuban Still Believes in Crypto Despite Price Crash, Compares to Early Days of Internet
15.11.2022
Despite the ongoing crypto market downturn which was further intensified by crypto exchange FTX’s collapse, many seasoned investors demonstrate their firm belief in crypto, with the Dallas Mavericks owner Mark Cuban declaring he is convinced the technology’s utility related to smart contracts could...
BTC losses get real as Bitcoin SOPR metric hits lowest since March 2020
15.11.2022
Sale price versus price paid diverges the most in over two years — since the last Bitcoin "black swan" event
Crypto Twitter unhappy with SBF 'puff piece' pushed by mainstream media
15.11.2022
While SBF refuses to interact with Crypto Twitter, the same community he once called home, he was featured in New York Times trying to explain the sequence of events that led to the fall of FTX