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Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges
14.11.2022
During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its way to the forefront of conversations. Another silver lining to the fiasco is the fact that cryptocurrency...
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...
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...
FTX Contract Deployer Unlocks 192 Million FTT, Exchange Token’s Questionable Tokenomics Highlights Red Flags
13.11.2022
Following the collapse of FTX and the exchange filing bankruptcy on Nov. 11, the trading platform’s exchange token called ftx (FTT) has shed 91.6% in value during the last seven days. While the FTT token’s utility is based entirely on the backing of the now-bankrupt FTX and Alameda...
From Mercedes F1 to Miami Heat, Sports Teams Suspend FTX Sponsorships
13.11.2022
A string of organizations competing in various sports are pulling out of sponsorship deals with beleaguered cryptocurrency exchange FTX. The coin trading platform had pledged millions of dollars to building up brand recognition among sports fans before it went bankrupt. FTX Sign Being Dismantled...
Coinex Looks Forward to Celebrating RLWC2021’s Finalists
12.11.2022
PRESS RELEASE. As the exclusive cryptocurrency trading platform partner of the Rugby League World Cup 2021 (RLWC2021), CoinEx is looking forward to joining audiences worldwide in cheering on the players who reach the men’s, women’s and wheelchair finals, set to take place in Manchester on 18 –...
Report Says Alameda Research ‘Didn’t Trade Crypto,’ Speculators Think SBF’s Political Connections Let FTX Fly Under the Radar
12.11.2022
On Nov. 11, 2022, FTX Trading Ltd. filed a voluntary petition for Chapter 11 bankruptcy protection in Delaware. The news followed a few days of speculation and evidence that had shown the digital currency exchange was likely insolvent. The company’s bankruptcy filing and information concerning...
FTX US suspends withdrawals, according to on-chain data
11.11.2022
The development comes less than 24 hours after the platform issued an advisory urging its users to close down trading positions
Onchain Data Shows FTX US Paused ETH Withdrawals for 2 Hours, Users Complain of Withdrawal Errors
11.11.2022
After FTX International’s parent firm West Realm Shires Services filed for Chapter 11 bankruptcy protection in Delaware, users noticed that FTX US was included in the bankruptcy filings. On the U.S. exchange’s website, the firm notes that “trading may be halted on FTX US in...
Philanthropic FTX Foundation Sunsets Operations Amid Bankrupt Exchange’s Fallout
11.11.2022
The philanthropic effort created by the troubled crypto exchange FTX has detailed it is sunsetting operations and told the community that members were “shocked and immensely saddened” by the turn of events that transpired around the trading platform. Sam Bankman-Fried’s Altruistic Efforts...
US-Listed Crypto Trading Platforms Coinbase, Bakkt Gain After FTX Bankruptcy Filing
11.11.2022
Investors appear to be favoring more regulated and transparent platforms
Digital Currency Group aporta US$140M a la empresa de trading Genesis
11.11.2022
Genesis informó que su negocio de derivados actualmente tiene alrededor de US$175 millones en fondos bloqueados en su cuenta de trading de FTX
Dash 2 Trade Provides Users with Crypto Trading Signals Using Real-Time Data - Is This The Future?
11.11.2022
Crypto prices have been struggling over the course of the past few days thanks to the meltdown of FTX, but there are some brand new projects that are hoping to capitalise on the volatile swings in the markets to gain traction moving forward.
Dash 2 Trade is a brand new crypto signals trading...
Crypto Investment Firm DCG Gives $140M Equity Infusion to Trading Firm Genesis
11.11.2022
Genesis reported earlier that its derivatives business currently has about $175 million in locked funds in its FTX trading account
Cardano Price Forecast as $800 Million Trading Volume Pushes ADA into the Green – Time to Buy?
11.11.2022
The Cardano price is bouncing back after falling in response to the FTX-triggered crash in the crypto market this week. The smart contracts token unceremoniously cracked support at $0.3810, opening the door to overarching declines that saw it plunge to $0.3090. ADA now trades at $0.3410 amid...
Wintermute Ceased Trading and Moved Funds From Crypto Exchange FTX US Before Warning
11.11.2022
The trading firm said earlier that it had stopped trading on FTX, a separate crypto exchange for international users, but some of its funds were stuck on the platform
Bitcoin, Ethereum Technical Analysis: ETH Moves Higher as Markets Continue to React to US Inflation Report
11.11.2022
Ethereum was trading higher on Friday, as cryptocurrency markets continued to rebound, following yesterday’s U.S. inflation report. The better-than-expected 7.7% CPI (consumer price index) figure for October boosted prices, following recent bearish sentiment. Bitcoin briefly climbed back...
European Crypto Asset Trading Firm CoinShares Reveals Over $31 Million Exposure to FTX
11.11.2022
The European crypto investment and research firm CoinShares has revealed that it held more than $31m on the embattled crypto exchange FTX, calling it a “limited exposure.”
“CoinShares confirms robust financial health and quantifies limited exposure to the FTX Exchange, while confirming that...
Japanese Tradfi Giant Nomura’s Crypto Arm to Launch Coin Trading Platform
11.11.2022
The Japanese tradfi giant Nomura is set to launch crypto trading platform for professional traders by early 2023 – as the firm looks to ramp up its crypto operations.
Nomura recently announced the launch of a crypto-focused firm named Laser Digital. This new subsidiary also operates a sub-unit...
Genesis Trading reveals $175M of funds are locked in FTX
11.11.2022
Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after the 3AC bankruptcy