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U.S. Crypto Investors Sue FTX’s Sam Bankman-Fried, Company’s Celebrity Endorsers
16.11.2022
The plaintiffs in a class-action suit claim that the heavily-marketed FTX yield-bearing crypto accounts were actually a Ponzi scheme
Crypto Market Slides After Genesis Withdrawal Halt, but Big Investors May Hunt for Bargains
16.11.2022
Most digital assets trade lower on Wednesday as another crypto firm gets hit by the FTX contagion. Some analysts see enduring interest from institutional investors – possibly at an even lower entry price than previously contemplated
Alameda Research and FTX might be bankrupt, but Oryen delivers +110% returns during presale to early investors
15.11.2022
The crypto world is full of unique features that make it stand out from other markets. In addition, many altcoins have fascinating ecosystems that help them grow their community rapidly. Oryen (ORY) is a new reserve currency that has doubled its price during the ICO. This means early buyers of...
Gold Bug Peter Schiff Insists This Is ‘Not a Crypto Winter,’ Economist Says It’s More Like ‘Crypto Extinction’
15.11.2022
Since bitcoin started falling from its all-time high last year, the economist and gold bug, Peter Schiff, made sure everyone knows that he wholeheartedly believes the leading crypto asset will fall to zero. Now that FTX has collapsed, Schiff has doubled down on his belief and he’s wasted...
Why NFT Tax-Loss Harvesting Remains a Challenge for Investors
15.11.2022
BudBlockz presale doubles investors’ money: Is it the next STEPN?
15.11.2022
STEPN successfully united fitness and gaming with non-fungible tokens (NFT). BudBlockz looks like it could be following in its footsteps, as it is expected to make waves in the marijuana industry. Cryptocurrencies have been around for a while, and thousands of them are in the market. Dozens of...
Binance CEO urges crypto buyers to 'hold' amid 'unpredictableness'
15.11.2022
Binance CEO Changpeng Zhao (CZ) said people should invest in crypto if they're using "cash that you don't need for a long time" as the market sees high volatility amid FTX's fallout
Crypto Fund Inflows Surged Last Week as Investors Bought FTX-Induced Dip
14.11.2022
The largest inflows in 14 weeks, at $42 million, coincided with the crypto market's sharp downturn, triggered by the swift collapse of once-billionaire Sam Bankman-Fried’s business empire
Why are investors choosing Orbeon (ORBN) over STEPN (GMT) and Avalanche (AVAX)?
14.11.2022
In an ever-growing world of digital currencies and projects, investors have to get selective about their portfolios. It is no longer just about potential but the pace at which the projects can provide returns to investors. For that reason, many investors are now turning to Orbeon Protocol (ORBN)...
Ukraine’s Cyberpolice Expose Members of Crypto Fraud Scheme Making €200 Million a Year
14.11.2022
A report shows Ukrainian Cyberpolice identified members of a group that defrauded people around the world through fake crypto investment offers. The criminal organization maintained offices and customer service centers with thousands of employees in a number of European countries. Cyberpolice...
Exchange outflows hit historic highs as Bitcoin investors self-custody
14.11.2022
Confidence in centralized exchanges appears to be waning as Bitcoin flows into self-custody wallets at near-record levels
Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck on FTX’
12.11.2022
According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the hedge fund’s capital is left trapped on FTX. Galois co-founder, Kevin Zhou, wrote a letter to investors explaining the situation and said he was “deeply sorry”...
Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight
11.11.2022
The government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better protection for investors. The move is part of a planned overhaul of regulations in the sector aimed at increasing oversight of the expanding digital assets market....
FTX turmoil increases scrutiny of industry, something institutional investors have been waiting for
10.11.2022
Hedge funds and asset managers are deploying digital asset teams, but lack of regulatory clarity is holding them back
Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors
10.11.2022
On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder Justin Sun as well. FTX Is Reportedly Seeking Up...
CEO Of Crypto’s Biggest Bust Played League Of Legends While Pitching Investors
10.11.2022
FTX CEO Sam Bankman-Fried spent the last year on a victory tour. The “crypto kingpin” held court at Bloomberg’s Crypto Summit over the summer and was crowned as a mega donor savior to Democrats in the midterm elections. His company even gloated about him playing League of Legends during high-level...
From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX
10.11.2022
During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion in value as FTX’s troubles shook investors....
Big Eyes Coin and Tamadoge investors all flock to Toon Finance Coin drops new DEX
10.11.2022
Toon Finance Hits Home run Toon Finance is the latest crypto and NFT token initiative that has everyone talking. Their ICO project crushed Big Eyes in the first week of the presale. Now Big Eyes struggles as Toon Finance starts its second round of presale, becoming the top searched currency in...
SBF tells investors FTX needs $8B in emergency funding: WSJ
10.11.2022
According to reports, FTX CEO Sam Bankman-Fried asked investors for emergency funding to cover an $8 billion shortfall during a Nov. 9 investors call
SBF Warns FTX Investors of Bankruptcy Without More Cash: Bloomberg
9.11.2022
FTX is headed toward bankruptcy without a cash infusion