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First Mover Americas: FTX’s Empire Is Crumbling


The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 11, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

FTX signs agreement with TRON to swap assets


A relief for FTX after having tough days in recent times. The update is regarding the exchange platform signing an agreement with TRON to allow the holders of SUN, TRX, HT, JST, and BTT to swap their assets on FTX in 1:1 to an external wallet. The function is expected to go live on November …

Ethereum Classic (ETC) consolidates amidst the FTX liquidity crisis!


Ethereum Classic is the fork version of Ethereum with ETC as a native coin that is used to pay gas fees on the network. Many investors treat it as an asset for the long term, but the ETC price has been consolidating in the last six months. After the news of the FTX liquidity crisis, …

Sam Bankman-Fried Apologises, Tells Binance ‘You Won’


FTX CEO Sam Bankman-Fried has sent apologies in his first series of tweets since the collapse of FTX. "I fucked up, and should have done better," the CEO said.  In his first series of tweets since Binance announced and then reversed an offer to buy troubled crypto exchange FTX, SBF apologized...

BlockFi halts withdrawals following FTX collapse


A cryptocurrency lending platform BlockFi announced yesterday that it would limit its operation and could not conduct business as effectively as before with FTX. It paused the customer withdrawals citing the lack of clarity about FTX’s current situation. The decision was taken after citing...

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