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Alameda Research and FTX Ventures websites go dark
9.11.2022
Pages for the quantitative trading firm and the venture capital arm have been taken offline and made private
In staff letter, Binance CEO embraces scrutiny from regulators amid potential FTX deal
9.11.2022
“People now think we are the biggest and will attack us more,” said Changpeng Zhao in a letter updating staff on the situation with FTX
FTX crisis is driving away crypto giants
9.11.2022
FTX earlier reported going through a rough patch of liquidity crunch. Following the announcement, a lot of Crypto firms distanced themselves from FTX, with the majority stating that they had no exposure to the platform or its currency. Genesis and Crypto.com are the newest additions to a list that...
Binance to buy non-US operations of FTX
9.11.2022
FTX is facing a liquidity crunch, and there is a dire need to protect customers. The venture has, therefore, sought assistance from Binance by offering it to buy the non-US operations. Reportedly, Binance has agreed to move forward by signing a non-binding letter of intent, or LOI. The acquisition...
Binance tops up SAFU fund at $1 billion amid price fluctuations
9.11.2022
Binance CEO CZ took to Twitter to assure users that the crypto exchange's insurance funds have been topped off at $1 billion as the debacle with FTX rages on
FTX founder Sam Bankman-Fried removes ‘assets are fine’ flood from Twitter
9.11.2022
Sam Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.”
Coinbase and Kraken experience limited services amid markets turbulence
8.11.2022
They are reportedly facing latency issues due to the high level of new user sign-ups and transfers to the platform
Why is Bitcoin price down today?
8.11.2022
Bitcoin price is down, trading at a new yearly low, but what are the primary reasons behind the most recent decline?
Binance's FTX acquisition seen as chess move by crypto community
8.11.2022
Binance's decision to liquidate 23 million FTT tokens triggered FTX's liquidity crisis
Germany’s financial regulator orders Coinbase to address ‘business organization’ practices
8.11.2022
In effect since Oct. 27, BaFin’s order referred to Coinbase’s Germany arm outsourcing some operations “essential for conducting banking business or providing financial services.”
Binance CEO announces intent to acquire FTX to 'help cover the liquidity crunch'
8.11.2022
FTX CEO Sam Bankman-Fried called the news a "user-centric development that benefits the entire industry."
Nigerian Naira Fiat Gateway joins Binance
8.11.2022
Binance, a worldwide recognised cryptocurrency exchange, has announced the addition of a fiat gateway for the Nigerian Naira, often known as NGN. As part of Binance’s purpose, the addition seeks to increase the adoption and accessibility of cryptocurrencies. Users can now connect their...
Gemini expands its geographic presence
8.11.2022
Gemini is now in more locations with the recent addition of Cyprus, Croatia, Hungary, Slovenia, and Romania to the list. The news was shared by Gillian Lynch, the Head of Ireland and the EU for Gemini. Users in Cyprus, Croatia, Hungary, Slovenia, and Romania can now store, buy, and sell more than...
MiCA legislation good news for crypto players: Binance Europe VP
8.11.2022
The European Union’s Markets in Crypto-Assets legislation could create an easier environment for exchanges to operate in, according to Binance’s VP of Europe
SBF calls for collaboration with Binance 'for the ecosystem'
7.11.2022
FTX's founder denied liquidity issues with FTT token and claimed to be the victim of false rumors
FTX addresses user withdrawal complaints amid major token movement
7.11.2022
The exchange assured users in a series of Tweets that withdrawals should be moving along and matching engines are running as they should - though some users didn’t buy it
BetDEX exclusive: Airs on Solana mainnet before FIFA & offers fee-free bet
7.11.2022
FIFA World Cup Qatar 2022 is almost here, with many platforms turning the tides in their favor to make the most out of the month-long international event. BetDEX becomes the latest entrant by announcing the launch on Solana Mainnet effective November 17, 2022. BetDEX is a sports betting platform...
Binance liquidates all existing FTT in their possession
7.11.2022
In one of the tweets, Binance mentioned that they had recently obtained approximately $2.1 billion USD, equivalent to cash ($BUSD and $FTT). This occurrence occurred because of Binance’s move to withdraw from FTX equity, which they had carried out sometime during the year. Along with that, and...
What are crypto whale trackers and how do they work?
6.11.2022
Crypto whale action can affect the price of cryptocurrencies and tracking these whales can offer invaluable and timely insights into price movements
Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Call, Report
6.11.2022
Cryptocurrency exchange Bybit has no intention to introduce restrictions for Russian traders, despite a recent reminder by the Monetary Authority of Singapore (MAS) about the obligations of crypto providers in that respect. According to a crypto media report, the platform shared its position...