Search
Maple Finance Lending Pool Delegate ‘Identified a Number of Key Weaknesses’ Tied to FTX’s Alameda Research
9.11.2022
According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the firm decided “earlier this year” not to lend to Alameda Research, FTX’s quantitative trading firm. Orthogonal said through “due diligence” it “identified a number of key weaknesses” associated with...
Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’
9.11.2022
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade the FTX token (FTT) as the due diligence for the acquisition is still ongoing....
Singapore's Temasek engages with FTX in liquidity crisis
9.11.2022
Temasek invested in a series of FTX's round findings that led to its $32 billion valuation in January
Crypto News Summary: Galaxy Digital’s $77M Exposure to FTX, Temasek's & Tether's FTX Comments, Trezor Integrates Hodl Hodl
9.11.2022
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: Crypto News Summary: Galaxy Digital’s $77M Exposure to FTX, Temasek's & Tether's FTX Comments, Trezor Integrates Hodl Hodl
Ethereum Gas Fees Skyrocket 10x Amid On-Chain Panic – Here’s What You Need to Know
9.11.2022
Ethereum network fees skyrocketed tenfold to as much as 318 Gwei on November 8 with a simple transaction nearing the level of $10 at one point. This, paired with the ongoing crypto market crash, has triggered a decrease in the coin’s price to below the level of $1,200. The prices of other tokens...
FTX-Binance standoff highlights the need for clear rules, says Sen. Lummis
9.11.2022
Market manipulation, lending activity, and safeguarding of customer funds and assets are some of the many issues Senator Lummis plans to address in the coming days
SBF tumbles off Bloomberg's billionaire index after trouble at FTX
9.11.2022
Sam Bankman-Fried no longer ranks in the top 500 on Bloomberg’s billionaire index, but CZ remains at rank 87
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays
9.11.2022
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60 billion in trade volume. Out of the top ten crypto exchanges by trade volume, exchanges...
FTX, Binance Deal Draws Antitrust Concern
8.11.2022
The proposed sale of FTX’s non-U.S. business to Binance, announced Tuesday amid concerns over stability at FTX, has drawn concerns of antitrust retaliation in the U.S. and elsewhere
Bitcoin Price Prediction as BTC Rebounds Above $20,000, Binance Buying FTX
8.11.2022
Bitcoin price prediction was bearish; however, it has shifted to bullish above the double bottom level of $19,230. Binance, a cryptocurrency exchange, has signed a non-binding letter of intent (LOI) to buy the FTX exchange. Binance CEO Changpeng Zhao said this would assist in relieving pressure...
Breaking News: Crypto Prices Explode as Binance Acquires FTX
8.11.2022
Binance is set to acquire FTX – that is the startling news that hit the cryptoverse moments ago.
Changpeng Zhao - or CZ as he is known – tweeted that Binance has been asked for help by FTX as it seeks to staunch the bleeding at the exchange, after Coindesk caught sight of documents earlier this...
CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction
8.11.2022
After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked for help and noted there is a “significant liquidity crunch.” FTX CEO Sam Bankman-Fried has confirmed...
Bitcoin price swings to over $20K as Binance helps FTX ‘liquidity crunch’
8.11.2022
Binance may even end up buying FTX outright as withdrawals resume on promises from the world’s largest crypto exchange
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...
FTX CEO Sam Bankman-Fried Speaks Out Amid Binance Drama – Denies Insolvency, Says Withdrawals Will Continue
8.11.2022
FTX CEO Sam Bankman-Fried has denied insolvency rumors amid mounting speculations that his exchange is facing liquidity issues, as evident by Binance's move to dump all its FTT holdings.
In a series of tweets on Monday, Bankman-Fried referred to the speculation as FUD, claiming that...
Binance CEO not interested in Alameda's offer to buy up its FTT holdings
8.11.2022
CZ signaled that he isn’t interested in an offer from Alameda to buy out Binance's FTX Tokens saying they'd rather “stay in the free market.”
Crypto Exchange Binance Dumping All FTX Tokens on Its Books — CEO Cites ‘Recent Revelations’
7.11.2022
Binance is dumping all of its FTX token (FTT) holdings “Due to recent revelations that have come to light,” CEO Changpeng Zhao has confirmed. “Regarding any speculation as to whether this is a move against a competitor, it is not,” he added. “Our industry is in...
FTX, Binance and CrossTower are competing to buy Voyager Digital assets: Source
26.9.2022
FTX and Binance reportedly seek to transition existing Voyager customers to their platforms whereas CrossTower has proposed to keep the existing Voyager platform and app
Congress Questions Coinbase, FTX, Binance, Kraken in Crypto Fraud Crackdown
2.9.2022
A House committee has sent letters to four U.S. federal agencies and five cryptocurrency exchanges asking for information about what they are doing to combat cryptocurrency fraud and scams. Congress Questions Regulators and Crypto Exchanges The House Committee on Oversight and Reform sent letters...
Kraken To Kick Off 'Global Hiring Push' Despite Bearish Market
15.6.2022
While some major crypto industry players are reacting to the recent market downturn with layoffs and/or freezing their hiring plans, major crypto exchange Kraken is unveiling a global hiring push with hundreds of available jobs across the world - declaring that it's not planning to fire...