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FTX’s new CEO John Ray coldly addresses SBF’s erratic tweets
17.11.2022
The new CEO of FTX gave a curt statement in response to the series of intermittent tweets by former CEO Sam Bankman-Fried
FTX just imploded, and Jack Dorsey wants to talk about the next stage for crypto?
17.11.2022
People need time to catch up before Jack Dorsey tries to launch the next generation of the internet
Republicans Secure US House Majority, Will Shift Path for Crypto Bills
17.11.2022
The U.S. Congress will officially be split between the two major parties after results from the Nov. 8 election put a 218th seat in the Republican column, giving that party a majority in the House of Representatives as the crypto industry awaits legislation that could define its future
Crypto Exchange Gemini Suffers $485M Rush of Outflows Amid Contagion Fears
17.11.2022
Gemini suspended its yield-earning program, shaking users’ confidence in the exchange
Gaming Pros Battle Elon Musk's Twitter While Ditching Bankrupt Crypto Sponsor
17.11.2022
In April, crypto exchange FTX paid esports company TSM $210 million to change its name to TSM FTX. On Wednesday, TSM FTX changed its name back to just plain old TSM days after FTX filed for bankruptcy following the biggest crash in crypto history. And it only had to spam Twitter’s save button...
SEC Enforcement Remains Focused on Crypto — Chair Gensler Says He’s ‘Impressed’ With Enforcement Results
17.11.2022
The U.S. Securities and Exchange Commission (SEC) says its Enforcement Division “remains focused on the rapidly evolving crypto asset securities space.” The securities regulator filed 760 enforcement actions in total this fiscal year. SEC Chairman Gary Gensler commented: “I...
Tether Says It Had No Exposure to Genesis Global and Gemini Earn, Crypto Experts Are Doubtful
17.11.2022
Tether, the issuer of the major stablecoin USDT, denied having exposure to either Genesis Global Capital or Gemini Earn yield product.
The company said in an announcement that it was “operating business as usual,” claiming that,
“With recent news surrounding Genesis today, Tether would like...
California Finance Regulator Moves to Suspend Crypto Lender Salt’s License
16.11.2022
Salt announced on Tuesday it was pausing customer withdrawals due to the impact of FTX’s collapse
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
These Crypto Market Makers Were Wary of FTX Before Collapse
16.11.2022
B2C2 and Kairon Labs had concerns about the exchange and its sister firm Alameda Research before liquidity concerns hit headlines
Newly Elected US House Whip Emmer Downplays FTX Meltdown, Cheers Crypto
16.11.2022
Rep. Tom Emmer, a co-chair of the congressional blockchain caucus, was chosen for a leadership role in the next Congress and is bullish on digital assets in the wake of FTX
Former SEC Official Doubts FTX Crash Will Prompt Congress to Act on Crypto Regulations
16.11.2022
Lisa Braganca, former SEC enforcement branch chief, discusses why regulation for crypto is likely to come from the SEC or CFTC rather than Congress and why SBF’s lawyers are “apoplectic.”
Best Crypto to Buy Now 16 November D2T, CHZ, TARO, ALGO, RIA
16.11.2022
Shockwaves have continued to roar across the cryptocurrency market following the demise of FTX, one of the largest cryptocurrency exchanges in the world. Investors and businesses exposed to the now-bankrupt platform have no option but to write off their losses and figure their way out of this...
FTX Latest - Crypto Prices Slip as Contagion Hits BlockFi, Genesis and Gemini, Hacker ID Known, Auditors and VCs Fail, Class Action Lawsuit Filed
16.11.2022
BlockFi, Genesis and Gemini are the latest crypto victims of FTX contagion.
The Wall Street Journal reports that crypto lender BlockFi is preparing for bankruptcy while today Genesis announced that it was halting redemptions on its lending product and would stop making new loans.
It is claimed...
League Of Legends Player AOC Mocks Crypto Disaster Bro For Being Terrible At Ranked
16.11.2022
I can’t believe that U.S. Congresswoman Alexandria Ocasio-Cortez just massacred millions of League of Legends players yesterday. She was dunking on a crypto bro who was really bad at Riot’s MOBA game, but she also caught many innocent players in the crossfire. Actually, that just makes me respect...
Crypto skeptic Brad Sherman: federal financial regulators 'sound like Sam Bankman-Fried'
16.11.2022
The U.S. lawmaker suggested four financial regulatory heads had done little to address “crypto billionaire bros” using digital assets for the evasion of sanctions and taxes
Hottest Presale of 2022: Eco Friendly Crypto Firm IMPT is Raising Funds in Presale - Microsoft and Lego Join as Affiliate Partners
16.11.2022
The recent volatility in the markets has been difficult for traders and investors who aren’t focused on the longer term.
In particular, the prices of FTT and SOL have taken the largest battering, as the insolvency of SBF’s empire causes chaos in the wider markets....
Read More: Hottest Presale...
Biggest Movers: BCH Climbs to 1-Week High, DOT Declines
16.11.2022
Bitcoin cash rose to a one-week high in today’s session, despite crypto markets mostly trading lower. The global cryptocurrency market cap is down by 2.45% as of writing, which comes as traders reacted to rising geopolitical tensions. Polkadot was a notable token to slip, as prices collided...
Market Maker B2C2 Offers to Buy Loans From Genesis Crypto-Lending Unit
16.11.2022
The lending arm of the crypto financial firm Genesis halted customer withdrawals earlier Wednesday, citing the impact of the collapse of FTX