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Alameda Withdrew $204M in Crypto From FTX US Days Before Exchange Collapsed


Alameda Research reportedly withdrew the most funds from FTX US, the U.S. arm of FTX, days before the crypto exchange filed for bankruptcy. The majority of the withdrawn cryptocurrencies were sent to wallets owned by FTX International, “suggesting that Alameda may have been operating...

Bitcoin Price Prediction – Was $15,500 the Bottom?


Following the rebound above $15,500, Bitcoin price prediction remains neutral during the European session. Since then, BTC has been trading in a narrow range of $16,350 to $16,750. The market's volatility is low this weekend, and thin trading keeps price action limited. Was $15,500 the bottom?...

MakerDAO expects $1.5M bad debt after FTX’s liquidity crisis!


MakerDAO, the largest decentralized finance protocol, has announced plans to liquidate heavily leveraged vaults to prevent excessive bad debt. They tweeted:   “Due to liquidations being previously disabled on the mentioned vault types, some positions accrued interest above their collateral value...

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