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How to Level the Global Financial System
9.11.2022
Inflation Expected to Tick Down in Latest CPI Report
9.11.2022
FactSet estimates that the CPI will drop to 8%, but whether the decline is enough to encourage the Federal Reserve to ratchet back its monetary hawkishness remains unclear
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
Why Did FTX Pause Withdrawals if It Wasn't Trading Customer Funds?
9.11.2022
As the crisis at Sam Bankman-Fried's formerly trusted exchange continues, everything hinges on one key question: Where's the money?
Meta Announces Layoffs Affecting 13% of Workforce; More Than 11,000 Employees to Be Fired Amidst ‘Cultural Shift’
9.11.2022
Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company. Mark Zuckerberg, CEO of the company, explained this decision was made due to a need to become more “capital...
Bitcoin Falls Below $17K, First Time in 23 Months, as Binance Said to Waver on FTX Deal
9.11.2022
Bitcoin's price hit $16,936 on Bitstamp exchange on Wednesday morning. It was the first time the largest cryptocurrency had fallen below $17,000 since November 2020. The BTC price was down 14% on the day
US Sanctions Several Individuals, Dozens of Bitcoin, Ether and Bitcoin Cash Addresses on Opioid Allegations
9.11.2022
The U.S. Treasury Department's sanctions watchdog added three people to its blacklist, alleging they used crypto to facilitate the supply of illegal and synthetic drugs to the U.S
Biggest Movers: FTT Fire Sale Sends Token Over 70% Lower, SOL Also Falls Significantly
9.11.2022
FTX Token plunged by over 70% in today’s session, as sentiment surrounding Binance’s potential buyout of FTX continued to raise market eyebrows. Following speculation that FTX could be insolvent, Binance’s Changpeng “CZ” Zhao moved to acquire the firm, pending due diligence. Solana...
What EU Merger Regulators Have in Store for Binance’s FTX Buy
9.11.2022
EU approval processes of 18 months can be sped up if there are concerns that FTX might topple, CoinDesk was told
Binance Is Strongly Leaning Toward Scrapping FTX Rescue Takeover After First Glance at Books: Source
9.11.2022
Backing out would be one more stunning development in the collapse of Sam Bankman-Fried’s crypto empire
Binance CEO Zhao Says Planned FTX Acquisition Is Not a 'Win for Us'
9.11.2022
Zhao also noted in a Wednesday memo to staff that Binance had stopped selling its holdings of FTX's tokens given the ongoing due diligence for the deal
UK Asset Management Giant Abrdn Leads Archax $28.5M Funding Round
9.11.2022
Abrdn, one of the U.K.'s biggest asset-management firms, has backed a $28.5 million Series A funding round into digital asset exchange Archax. Abrdn became the firm's largest external shareholder earlier this year
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 […]
Thoma Bravo Leads $70M Fundraise for Blockchain Intelligence Firm TRM Labs
9.11.2022
TRM, a rival of Chainalysis, last raised $60 million in December, 2021
Sam Bankman-Fried ya no es billonario tras perder US$14.600M de la noche a la mañana
9.11.2022
El CEO de FTX perdió aproximadamente US$14.600 millones, casi el 94% de su riqueza total, según el Índice de Multimillonarios de Bloomberg
Robust Q3 2022 data reflects XTB’s record high achievement
9.11.2022
XTB has published its financial report for the third quarter of 2022, sharing some impressive numbers. One such figure is the price of its shares which has inched closer to its all-time high value. Shares were last seen trading at PLN 28.80, only 2% away from their highest value since July...
Traders “largos” asumen US$700M en pérdidas y los mercados caen por el temor al contagio de FTX
9.11.2022
La capitalización de mercado de las criptomonedas cayó 8,8% en las últimas 24 horas, según los datos
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
First Mover Americas: FTX Fallout Heats Up
9.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 9, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: BTC at 2-Year Low, ETH Down 20% as FTX Turmoil Leads to Crypto Bloodbath
9.11.2022
Bitcoin plunged to a two-year low on Wednesday, as the FTX token sell-off continued to weigh on cryptocurrency markets. After an initial 30% slide, FTX token fell by as much as 80%, as Binance confirmed its intention to absorb the failing exchange. Ethereum was also lower, dropping below $1,200....