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FTX CEO: Some Smaller Exchanges Are ‘Too Far Gone,’ ‘Insolvent,’ and Unlikely to Be ‘Saved’
29.6.2022
Sam Bankman-Fried, the Founder of the crypto trading platform FTX, has warned that more crypto exchange failures “are coming,” and has stated: “There are some third-tier exchanges that are already secretly insolvent.”...
Read More: FTX CEO: Some Smaller Exchanges Are ‘Too Far Gone,’ ‘Insolvent,’...
Surprise twist as BlockFi receives Money Services License in Iowa
29.6.2022
Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state
eBay's NFTs, Yield on Ledger, Axie Infinity's Ronin Bridge Reopens, Celebrity Crypto Scams + More News
28.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: eBay's NFTs, Yield on Ledger, Axie Infinity's Ronin Bridge Reopens, Celebrity Crypto Scams + More News
Crypto exchange FTX is looking into acquiring Robinhood: Report
27.6.2022
Robinhood, a discount brokerage that popularized crypto trading among mainstream users, has fallen on hard times
Robinhood Shares Spike on Report FTX May Be Seeking to Acquire It
27.6.2022
Plans are still in the preliminary stages, according to a report from Bloomberg
Three Arrows Default Notice, Grayscale Bitcoin Trust Ready for ETF, Goldman Sachs Bites Coinbase + More News
27.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Three Arrows Default Notice, Grayscale Bitcoin Trust Ready for ETF, Goldman Sachs Bites Coinbase + More News
FTX Token DAO Raises $7M From Community of Sam Bankman-Fried Fans
27.6.2022
The dedicated FTX token (FTT) DAO has raised $7 million from its community members as plans to invest in crypto education and DeFi
Crypto conspiracy theories abound, but prop traders are just doing its job
26.6.2022
FTX founder Sam Bankman-Fried and Alameda Ventures made recent headlines for bailing out a handful of CeFi crypto platforms this week, but what exactly do market makers do?
Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure
26.6.2022
Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds from Alameda Ventures in order to get more...
Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows
25.6.2022
FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm told its investors
Bitcoin & Ethereum Divers, FTX's Knights and Credits, Confident Kwon, ONE Big Hack, and 20 Crypto Jokes
25.6.2022
Read More: Bitcoin & Ethereum Divers, FTX's Knights and Credits, Confident Kwon, ONE Big Hack, and 20 Crypto Jokes
FTX may be planning to purchase stake in BlockFi: Report
24.6.2022
The reportedly ongoing talks followed BlockFi signing a term sheet with FTX to secure a $250 million revolving credit facility on Tuesday
Smaller Exchanges Could Fall Due to Confusing ‘Web of Relationships’, Report Warns
24.6.2022
Smaller crypto exchanges could be vulnerable to collapse during this crypto bear market, given seemingly unsustainable yields offered to users, and a confusing “webs of relationships” between companies in the space, a new report from the crypto data provider Kaiko has found.
According to Kaiko...
FTX in Talks to Acquire Part of BlockFi: Report
24.6.2022
FTX previously extended a $250 million emergency line of credit to the struggling crypto lender earlier this week
Coinbase Derivatives Exchange Reveals Nano Bitcoin Futures Product
24.6.2022
On June 27, Coinbase Derivatives Exchange (formerly Fairx exchange) announced it will launch its first crypto derivatives investment vehicle pegged to the value of 1/100th of a bitcoin. The new “nano bitcoin futures” product will be listed under the ticker “BIT.”...
Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse
22.6.2022
Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation...
Voyager Digital Secures Credit Line from Alameda, May Send Three Arrows a Notice of Default
22.6.2022
Voyager Digital Holdings, an owner of a crypto platform, announced today that they entered into a multi-million credit line agreement with Alameda Ventures, but also that they may issue a notice of default to major crypto hedge fund Three Arrows Capital (3AC) for failure to repay...
BoE's Cunliffe Cautions Against 2008 Repeat With FTX's Derivatives Rule Change Proposal
22.6.2022
The Bank of England official is skeptical whether decentralised finance (DeFi) will ever be a thing
SEC’s Peirce Says Crypto’s Lack of ‘Bailout Mechanism’ Is a Strength; FTX CEO as a 'White Knight'
22.6.2022
One of the most crypto-friendly members of the American regulatory Securities and Exchange Commission (SEC) has claimed that the bear market could boost sustainability in the industry – stating that she wouldn’t bail out ailing crypto companies even if she could....
Read More: SEC’s Peirce Says...
SEC’s Hester Peirce opposes crypto bailouts — SBF didn’t get the memo
22.6.2022
The commissioner made it clear she does not support bailouts for anyone in the crypto industry, arguing it's better to “let these things play out.”