Search
Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’
10.11.2022
Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets to FTX.” The news follows a great number of exchange executives announcing that they...
A Failed FTX-Binance Deal Is ‘Catastrophic’ for Crypto Sector
9.11.2022
Binance scrapping its acquisition of rival FTX could mean institutional investors deciding to pull some of their money out of the crypto industry
Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’
9.11.2022
Whistleblower and former NSA contractor, Edward Snowden, has been very vocal about the crypto economy in recent times. After publishing a copy of Bitcoin’s white paper on Twitter on the document’s 14th birthday, Snowden had some words with Craig Wright, the man who claims to be Satoshi Nakamoto....
Binance Backs Out of Buying FTX Crypto Exchange, Cites Mishandled Customer Funds and Regulator Investigations
9.11.2022
Binance is pulling out of the deal to buy FTX. On Tuesday 8 November, Binance signed a letter of intention to acquire the failing crypto exchange, although at the time it said the agreement was subject to a due diligence process.
But as the contagion from the collapse of the FTX leads to...
MiCA proponent cites FTX in advocating for regulation: 'Crypto assets are not play money'
9.11.2022
"With a global MiCA, the FTX crash would not have happened," said European Parliament economics committee member Stefan Berger
Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’
9.11.2022
The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled customer funds,” Binance has decided not to pursue the FTX acquisition....
Alameda, In Eye of Crypto Storm, Takes $37M of Wrapped Bitcoin Off FTX.US Exchange
9.11.2022
The purpose of the token movements is unclear, and the amount likely a small portion of the overall firm's holdings, but the observation shows Alameda scrambling to arrange its finances – using the Ethereum blockchain
Why Is Crypto Tanking: The FTX-Binance Drama Explained
9.11.2022
The world’s largest crypto exchange, Binance, bailed out one of its major competitors, FTX, in an event that shocked the crypto industry and is catching the attention of regulators
Crypto.com Halts Solana USDC and USDT Deposits, Withdrawals
9.11.2022
The crypto trading platform cited “recent industry events” in an email to users announcing the suspension
Binance-FTX Deal Will Bring Regulatory 'Scrutiny’ on Crypto Exchanges: Blockchain Association’s Kristin Smith
9.11.2022
The executive director discusses why Bahamas-based crypto exchange FTX’s fall from grace is likely to “open up a more robust” debate surrounding regulation for exchanges going forward. U.S. Rep. Jim Himes also weighs in
Post-election roundup: Who were the pro- and anti-crypto winners and losers from the US Midterms?
9.11.2022
Political newcomer and Bitcoin holder J.D. Vance will take Rob Portman's U.S. Senate seat in Ohio, but majority control of both chambers of Congress has yet to be decided
Bitcoin sinks to new yearly low at $16.8K as FTX insolvency fears turn into contagion
9.11.2022
BTC and altcoins continue to sell-off, hitting new yearly lows as the collapse of FTX begins to drastically impact investors across the entire crypto market
Ethereum Price Prediction – ETH Plummets 23%, Is It All Over for Crypto?
9.11.2022
The crypto markets have been hit with yet another black swan event – the collapse of one of the largest crypto exchanges in the world, FTX.
Ethereum, along with the wider crypto markets, has shed a significant percentage of its value over the past few hours as recent events have...
Crypto Bank Silvergate’s Stock Defended By Analysts Amidst FTX Concerns
9.11.2022
Silvergate shares have fallen this week on broader crypto market worries, including the fact that FTX is a customer of theirs
Crypto News Summary: Galaxy Digital’s $77M Exposure to FTX, Temasek's & Tether's FTX Comments, Trezor Integrates Hodl Hodl
9.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Galaxy Digital’s $77M Exposure to FTX, Temasek's & Tether's FTX Comments, Trezor Integrates Hodl Hodl
US Treasury Redesignates Sanctions on Tornado Cash Crypto Mixer, Citing North Korea Involvement
9.11.2022
The US Treasury Department has redesignated sanctions on the mixing service Tornado Cash, saying North Korea’s Lazarus Group has used the service to launder more than $100m stolen in crypto heists.
The new sanctions were published by the Treasury Department’s Office of Foreign Assets Control...
Binance Coin Price Prediction – Can BNB Coin Become the Biggest Crypto?
9.11.2022
The crypto markets have been in free fall over the past 24 hours following the revelation that FTX may be suffering from liquidity issues.In what has culminated in a possible acquisition of FTX Exchange by Binance, market participants still seem spooked by recent events as the deal is not yet...
Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves
9.11.2022
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has slid under $900 billion for the first time since January 2021. The Binance and FTX news has come as a shock to a lot of […]
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...
Ramp Raises $70M to Provide Crypto Payments Infrastructure
9.11.2022
The round was co-led by UAE wealth fund Mubadala Capital and investment firm Korelya Capital