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Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect

18.11.2022
An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and the liquidity crunch that ensued, likely started the domino effect that led to the company’s implosion. The study...

News Summary: FINRA Launches Crypto Comms Probe, Genesis Block Stops OTC Trading, Thodex Founder to Be Extradited to Turkey

18.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: News Summary: FINRA Launches Crypto Comms Probe, Genesis Block Stops OTC Trading, Thodex Founder to Be Extradited to Turkey

Pension Giant Ontario Teachers' Plans to Write Off All $95 Million Invested in Crypto Exchange FTX

18.11.2022
FTX investment represented less than 0.05% of Ontario Teachers' total net assets

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

Crypto Exchange Zipmex Asks for Creditor Protection Extension With Takeover Talks 'Ongoing'

18.11.2022
Troubled cryptocurrency exchange Zipmex remains in talks with an investor over a takeover deal, according to one person familiar with the matter

Brazil Based FTX Customers Organizing to File Class-Action Lawsuit

18.11.2022
A group of customers of the recently collapsed crypto exchange FTX, is organizing to take legal action against the company. The suit would be led by Ray Nasser, CEO of Arthur Mining, and will be brought by customers who had more than $100,000 on the exchange by the time of its bankruptcy. Brazilian...

FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong

18.11.2022
Hong Kong-based cryptocurrency exchange says the market turmoil from the FTX fallout is the final cause of ceasing operations following a year of winding down services

Founder of Crypto Exchange Thodex to Be Extradited to Turkey From Albania: Report

18.11.2022
Faruk Fatih Özer disappeared in 2021, taking funds from 400,000 users. He was arrested in Abania in August this year

Bitflex: Next-Generation Cryptocurrency Exchange Officially Launches

18.11.2022
PRESS RELEASE. Seychelles, November 18, 2022 – Bitflex Ltd. (“Bitflex,” “we” or “our”), a blockchain technology company in the global market, today has just announced the official launch of its cryptocurrency exchange. The launch follows an extremely successful beta period, which saw its user base...

Binance sees record 138K BTC inflows as opinions differ on what Bitcoin price will do next

18.11.2022
BItcoin exchange inflows echo 2018 crypto capitulation, but the reasons for the largescale moves from Binance remain unclear

Defi Chain Co-Founder: FTX’s Collapse Has Rekindled Interest in Defi and Associated Products

18.11.2022
According to Julian Hosp, co-founder of the decentralized finance entity Defi Chain, the fall of the crypto exchange FTX and the domino effect it has had may have rekindled interest in decentralized finance (defi) and associated products. Hosp, however, conceded that the crypto exchange’s...

Singapore Government’s Temasek Writes Down $275M Investment in Collapsed Crypto Exchange FTX

18.11.2022
Singapore government’s Temasek has written down the full value of its $275 million investment in the bankrupt crypto exchange FTX. “Our belief in the actions, judgment, and leadership of Sam Bankman-Fried … would appear to have been misplaced,” Temasek admitted. Temasek’s...

New CEO Says FTX Is the Worst Case of Corporate Failure With Untrustworthy Financial Data and Unacceptable Practices

18.11.2022
The new CEO of FTX, appointed after the crypto exchange filed for bankruptcy, has blasted the company under former CEO Sam Bankman-Fried. “Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred...

Jump Crypto denies rumors that it intends to wind down due to FTX losses

17.11.2022
According to Jump Crypto, they believe they are “one of the most well-capitalized and liquid firms in crypto.”

Regulator Halts Trading of FTX Tokens in Indonesia

17.11.2022
The agency overseeing Indonesia’s crypto market has stopped the trading of FTX tokens on domestic platforms. The announcement comes after FTX, the exchange that issued the FTT token, filed for bankruptcy in the United States and was subjected to investigations by regulatory bodies around the world....

Binance CEO CZ Calls SBF a ‘Psychopath,’ 3AC Co-Founder Accuses FTX, Alameda of Stop Hunting His Hedge Fund

17.11.2022
During a conversation with Binance CEO Changpeng Zhao (CZ) and the Milken Institute, the exchange executive called the former FTX CEO Sam Bankman-Fried (SBF) a “psychopath” for one of the tweets SBF wrote last week. CZ’s statements further follow the accusations stemming from Three Arrows Capital...

News Summary: Bitvo Backs Off FTX Acquisition Deal, Trust Wallet Integrates with Binance Pay, New Ethereum Climate Platform

17.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: News Summary: Bitvo Backs Off FTX Acquisition Deal, Trust Wallet Integrates with Binance Pay, New Ethereum Climate Platform