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'I knew he was desperate' — Binance CEO CZ opens up on SBF relationship
17.11.2022
Binance’s CEO reflects on prior dealings and relationship with SBF after the collapse of his FTX empire
New FTX CEO Says Sam Bankman-Fried Does Not Speak on Firm’s Behalf, After SBF’s Candid Interview With Vox
17.11.2022
Following the former FTX CEO Sam Bankman-Fried’s (SBF) interview with the New York Times and several direct text messages with Reuters, SBF recently did a much longer and more candid interview with Vox journalist Kelsey Piper. After the interview done via Twitter direct messages, the current...
SBF received $1 billion in personal loans from Alameda: FTX bankrupty filing
17.11.2022
A fresh bankruptcy filing from FTX chief restructuring officer John Ray III highlights that Sam Bankman-Fried received $4 billion in loans from FTX-related silo companies
Binance, OKX and Bybit suspend USDT and USDC deposits on Solana
17.11.2022
The Solana cryptocurrency continues crashing amid the FTX crisis, plummeting 7% on the news of exchanges halting deposits in Solana-based stablecoins
Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases
17.11.2022
The FTX bankruptcy has left creditors, investors and industry experts questioning what will happen next — Here is what we can expect
Ethereum Climate Platform launches to address the network's prior PoW emissions
17.11.2022
Ethereum co-founder Joseph Lubin said that while the Merge set a high standard for climate mitigation, the crisis still requires more radical change
Bitcoin, Ethereum Technical Analysis: BTC, ETH Decline as USD Strengthens Following Retail Sales Data
17.11.2022
Bitcoin was in the red for a second consecutive session, as markets continued to digest the latest U.S. retail sales figures. Sales rose by more than expected in October, coming in at 1.3%, versus expectations of a 1% increase. The result fueled market belief that the U.S Federal Reserve will...
Yumi and Toniq head the race for the NFT innovation
17.11.2022
In the present scenario, it is seemingly Yumi, together with Toniq, who is heading the race for the innovation of the NFT. Toniq Labs and Yumi are the two major crypto marketplaces. For the uninitiated, NFTs are digital-based assets, which also go by the name of non-fungible tokens. It is now...
The FTX contagion: Which companies were affected by the FTX collapse?
17.11.2022
The FTX saga has had a massive impact on the entire crypto industry, and some companies bore the brunt of the crash
Dash hits yearly low: Should You buy it for the long term?
17.11.2022
Dash is an open-source blockchain technology, a fork of Bitcoin that also offers similar features with improved technology. However, after the FTX liquidity crisis, investors show less faith in DASH than in Bitcoin, but both are trading around the yearly low. At the time of writing this post, DASH...
XRP Price Prediction as XRP Becomes 7th Biggest Cryptocurrency in the World, Top 3 Soon?
17.11.2022
XRP price is far from untangling from the sell-off triggered by the FTX crypto crash. However, bulls seem to hold firmly to a support established at $0.3500. As highlighted in the eight-hour time frame chart, XRP has tapped into a crucial demand area. Here's where it's headed next....
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Litecoin (LTC) turns bullish after regaining the support of $50!
17.11.2022
Litecoin is a decentralized peer-to-peer payment transfer protocol inspired by Bitcoin. It is one of the few cryptocurrencies that has regained its previous support level quickly after the downfall due to the FTX liquidity crisis. It suggests a positive momentum and future growth of Litecoin in...
Russia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions
17.11.2022
Both facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including cryptocurrencies, a Kremlin advisor has unveiled in Havana. Moscow is already developing a mechanism for crypto settlements to circumvent financial restrictions imposed over its invasion...
Stellar may test $0.03 in the next year: Will XLM crash?
17.11.2022
Stellar is an open-source, decentralized protocol that allows cross-border transactions, but it has crossed the previous yearly low after the FTX liquidity crisis. At the time of writing this post, XLM was trading around $0.089, just above the yearly low of $0.08. Before the FTX bankruptcy...
Tom Brady and Larry David Face Class Action For Endorsing FTX, Suit Alleges They Backed ‘Unregistered Securities’
17.11.2022
FTX investors have filed a class action lawsuit against the founder and former CEO of the collapsed cryptocurrency exchange, as well as several celebrities who promoted the platform.
The class action, filed on Tuesday night in Miami, claims that Sam Bankman-Fried, NFL quarterback Tom Brady,...
FTX acquisition no more: Canadian exchange Bitvo backs off the deal
17.11.2022
Bitvo has managed to back off its acquisition agreement with FTX exchange thanks to long approval process of the deal from local regulators
USM.World partners with Magpie XYZ & boosts veTokenomics protocols
17.11.2022
USM.World is pleased and, with great excitement, made their official announcement of having joined hands in the form of a mutually beneficial partnership with Magpie XYZ. USM.World, by the way, happens to be the parent company of the 3D virtual world-United States of Mars (USM). Magpie XYZ, on...
Binance Coin Price Prediction as BNB Turns Green for the Week – Time to Buy?
17.11.2022
The price of Binance coin (BNB) has fallen to $266.46 today, representing a 2.5% drop in 24 hours. However, its current level marks a slight rise of 1% for the last seven days, with the exchange utility token having been affected by the ongoing FTX collapse....
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Nigerian Web3 Startup Says Funds Are Stuck With FTX, Lays Off Employees
17.11.2022
Nestcoin, a Nigerian Web3 startup which got an investment from Alameda Research in 2021, revealed on Nov. 14 that it had “a significant proportion of stablecoin investment” stuck at FTX. According to the startup’s CEO, laying off some employees allows the company to focus...
Major Esports Team TSM Drops Record-Breaking $210M Sponsorship Deal with FTX
17.11.2022
Professional esports organization TSM has suspended its partnership with FTX and dropped ‘FTX’ from its name. And it's far from being the only company to end a business deal with the collapsed crypto exchange.
Per the TSM announcement, the FTX branding will be removed from player jerseys, as well...