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Binance Forming Crypto Industry Recovery Fund to ‘Reduce Further Cascading Negative Effects of FTX’
14.11.2022
Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng Zhao (CZ). “As an industry, we need to increase transparency,” the executive stressed. “We need to work very closely with...
FTX tokens (FTT) Fails 80%; BudBlockz (BLUNT) just about to rise
14.11.2022
The FTX Token (FTT) fall raises concern about the financial troubles of crypto trading firm Alameda Research. It has fueled what appears to be a contagion that has driven down prices generally across digital asset markets. Alameda and FTX are parts of the rapidly diminishing crypto empire owned...
FTX tokens (FTT) falls 80%; BudBlockz (BLUNT) just about to rise
14.11.2022
The FTX Token (FTT) fall raises concern about the financial troubles of crypto trading firm Alameda Research. It has fueled what appears to be a contagion that has driven down prices generally across digital asset markets. Alameda and FTX are parts of the rapidly diminishing crypto empire owned...
First Mover Americas: FTX Faces Criminal Charges
14.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 14, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: BTC Rebounds Following Bullish Comments From Elon Musk
14.11.2022
Bitcoin started the week trading below $17,000, as volatility in the cryptocurrency space continued to intensify. Following last week’s collapse of FTX, account withdrawals have increased, with several customers opting to remove their tokens from exchanges. However, strong comments from...
Bahamas Police Launch Investigation into FTX Conduct, Looking For ‘Criminal Misconduct’
14.11.2022
Police in the Bahamas has launched an investigation into the crypto exchange FTX, and is actively looking for evidence of whether “criminal misconduct” has occurred.
Per a tweet from the Royal Bahamas Police Force published on Sunday, a team of financial investigators from the Force’s Financial...
FTX Collapse Exposed 'Weaknesses' in Crypto, Janet Yellen Says: Report
14.11.2022
The U.S. Treasury Secretary said the crypto sector is in need of "very careful regulation."
Citi: Correlation Between Equity Markets, Bitcoin Weakens Following FTX Collapse
14.11.2022
Decentralized exchanges have gained market share as confidence in their centralized equivalents declined, the report said
Cardano Founder Charles Hoskinson Says More Damage Coming From FTX Contagion – New Regulation Coming?
14.11.2022
Cardano founder Charles Hoskinson has warned investors that more pain is coming from the recent collapse of cryptocurrency exchange FTX. He also noted that the incident would attract more regulatory scrutiny.
In his latest YouTube video, Hoskinson argued that the collapse of FTX was not...
Hong Kong Crypto Platform Hbit's $18.1M Stuck in FTX
14.11.2022
In an announcement to shareholders on Monday, New Huo Technologies Holdings Limited, said regarding its subsidiary, that $13.2 million of the money belonged to clients, while, $4.9 million were Hbit assets
There Was No Cause to Add FTX to Investor Alert List Before Collapse, Singapore's MAS Says
14.11.2022
The Monetary Authority of Singapore said it was not possible to prevent Singapore users from directly accessing overseas service providers, and warned regulations don’t protect against risky speculative trades
Goldman Cuts Coinbase Price Target to $41, Says Exchange is Fairly Insulated From FTX Collapse
14.11.2022
Goldman maintained a sell rating on COIN, revising its 12-month price forecast to $41 from $49
Crypto.com's CRO token is in trouble but a 50% price rebound is in play
14.11.2022
Short CRO traders were paying as much as 3% premium to long traders on Nov. 14, reflecting extreme bearishness in its futures market
Bahamas investigating FTX for potential criminal wrongdoing
14.11.2022
The allegations of criminal misconduct and other fraudulent acts involving FTX are currently being investigated by financial investigators working in close coordination with the relevant authorities at the Bahamas Securities Commission. This pertinent information was provided by dependable sources...
Government Official: FTX Collapse Will Not Stop Hong Kong Becoming Virtual Asset Hub
14.11.2022
The abrupt collapse of major crypto exchange FTX has shaken the cryptocurrency markets across the world, but it wil not hamper Hong Kong’s plans of establishing itself as a crypto hub, according to the city’s Financial Secretary Paul Chan. ...
Read More: Government Official: FTX Collapse Will...
This Crypto Exchange Just Suspended Withdrawals – What is Going On
14.11.2022
Crypto exchange AAX announced that it has suspended activity for up to 10 days due to a “scheduled system upgrade” that happened during a difficult time for the industry and the markets.
AAX’s website currently displays a notification that states,...
Read More: This Crypto Exchange Just Suspended...
Japanese Government: We’ll Take ‘All Possible Measures’ to Help FTX Japan Customers
14.11.2022
The Japanese government has vowed that it will do all it can to protect customers of FTX’s Japanese subsidiary, FTX Japan. But the exchange has announced that its clients’ funds are safe.
Nikkei quoted the nation’s Finance Minister Shunichi Suzuki as explaining that regulators had hit FTX Japan...
Billionaire Michael Saylor Says Bitcoin Will Come Out on Top Following FTX Collapse
14.11.2022
Former Microstrategy CEO and Bitcoin bull Michael Saylor believes the fallout of FTX could actually benefit Bitcoin and spark further growth in the crypto industry.
Saylor, who joined CNBC's ‘Squawk on the Street’ last week, said the turbulence and market volatility will benefit Bitcoin and...
Crypto.com CEO Dismisses Speculation of Financial Trouble, Says FTX Exposure Is Minimal
14.11.2022
In a live question-and-answer session, Crypto.com CEO Kris Marszalek said the company’s balance sheet is strong
El Salvador President Bukele says Bitcoin is ‘the opposite‘ of FTX
14.11.2022
Despite the backlash he previously received for purchasing BTC as markets crashed, Bukele cited the recent FTX collapse to explain why Bitcoin is different