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Crypto Biz: FTX fallout leaves blood in its wake
18.11.2022
Businesses exposed to Sam Bankman-Fried's bankrupt cryptocurrency exchange are beginning to topple
Bank of America Downgrades Crypto Exchange Coinbase to Neutral in FTX Aftermath
18.11.2022
Bank of America has had a buy rating on Coinbase throughout its long decline this year, but threw in the towel on Friday with a downgrade to neutral
Bitcoin Holds Steady Over $16K Amid Widening FTX Fallout
17.11.2022
Bitcoin has been trading flat this week, even as more companies admit exposure to crypto exchange FTX, which has filed for Chapter 11 bankruptcy protection
First Mover Americas: FTX Fallout Reverberates Across Crypto-Land
16.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 16, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
FTX fallout continues: BlockFi reportedly mulling bankruptcy, SALT pauses withdrawals and deposits
15.11.2022
News of BlockFi’s potential bankruptcy filing comes only a day after the platform denied allegations that the majority of its assets were held on FTX
Bahamas Regulator Appoints ‘Big Four’ Auditor PWC as Joint Provisional FTX Liquidator
15.11.2022
On Nov. 14, 2022, the Securities Commission of the Bahamas (SCB) published a press release that explains the ‘Big Four’ accounting firm PWC (Pricewaterhousecoopers) has been designated as provisional liquidator in the FTX investigation. The SCB detailed that “given the magnitude” of the events...
FTX Fallout Adds Urgency to South Korea’s Push for Crypto Regulations: Report
15.11.2022
An official at the Financial Services Commission says that unfair trade needs to be regulated
Solana DeFi Sees Almost $700M in Value Wiped Out on FTX Fallout
15.11.2022
FTX founder Sam Bankman-Fried was a prominent backer of the Solana network
Binance Shares Hot and Cold Wallet Crypto Addresses and Details About the SAFU Fund
10.11.2022
After disclosing the trading platform Binance would share proof-of-reserves, the exchange published a blog post called “Our Commitment To Transparency.” The Binance blog post shares addresses tied to the world’s largest exchange and it notes that as of Thursday, Binance holds...
Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors
10.11.2022
On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder Justin Sun as well. FTX Is Reportedly Seeking Up...
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
NFL Legend Tom Brady Caught in FTX Fallout, Risks Losing Complete Strategic Investment
9.11.2022
A tarnished record after coming out of retirement, a divorce, and now a wipeout of the strategic investment in FTX. 2022 has been a rough year for the seven-time Super Bowl champion
FTX Binance Fallout: Bitdao Community Asks Alameda Research to Respond to Token Dump Allegations
8.11.2022
After the Bitdao token’s quickfire plunge on Nov. 7, members of the Bitdao community have asked Alameda Research to address rumors the principal trading platform has dumped Bitdao’s BIT tokens. The dump, if confirmed, would be a breach of a swap agreement between the two entities which...