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Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions
7.1.2023
Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting story, stating that the firm was merely “scaling back.” Wyre has now announced that it is “modifying” its withdrawal policy, citing the crypto...
Is Crypto About to be Locked Out of the US Banking as Regulators Seeks to Forestall Contagion?
6.1.2023
For the first time ever, regulators in the United States issued a joint warning to banks about crypto-related risks, prompted by the massive failures of several large crypto companies.
Raising concerns about crypto's place in the banking sector, three US regulators – the Federal Reserve,...
Crypto Biz: Contagion engulfs Bitcoin miners as bear market continues
23.12.2022
With the BTC price plunging more than 76% peak-to-trough, miners are struggling to keep their operations running
Amber Group raises $300M to recover from FTX contagion
16.12.2022
The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default
Crypto Trading Firm Amber Group Raises $300M Series C After FTX Contagion
16.12.2022
The collapse of FTX had impacted some of the trading firm's products and customers, increasing the need to quickly raise additional capital
Approach with caution: US banking regulator’s crypto warning
9.12.2022
The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management
Crypto Firm Orthogonal, Victim of FTX Contagion, Now Faces Internal Dissent
6.12.2022
Shortly after Orthogonal got served with default notices on $36 million of crypto loans from Maple Finance, the firm’s credit team published a statement saying it was “speechless” and unaware of the extent of the trading team’s exposures
DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens
6.12.2022
Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default
The Contagion Fever Breaks: NFTs Dominate Art Basel
5.12.2022
The price of Ethereum is down nearly 65% since last year’s Miami Art Week. But this year’s global cultural phenomena saw an uptick in events, attendees and conversations around Web3 technologies and their roadmap to mass adoption
Lord of the FTX Contagion, To Kill a Terra, The Regulators and Fury, and 20 Crypto Jokes
3.12.2022
Let’s see what happened this cryptoweek....
Read More: Lord of the FTX Contagion, To Kill a Terra, The Regulators and Fury, and 20 Crypto Jokes
DeFi ecosystem still haunted by FTX contagion: Finance Redefined
2.12.2022
Top-100 DeFi tokens saw a bullish wave with the start of the new month, but many DEX platforms are still haunted by FTX contagion
Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain
2.12.2022
Core Scientific, Bitfarms and Genesis Digital Assets are among miners that have direct and indirect exposure to the contagion
Crypto trading firm Auros Global misses DeFi payment due to FTX contagion
1.12.2022
Auros is an algorithmic trading and market-making firm that provides liquidity for exchanges and token projects
Crypto Trader Auros Global Misses Payment on DeFi Loan As FTX Contagion Spreads
30.11.2022
The company missed payment on a 2,400 wrapped ether loan, worth $3 million, from a M11 Credit pool on Maple Finance
Market Maker Keyrock Raises $72M Series B Amid FTX Contagion
30.11.2022
The liquidity provider, which closed the funding in September, had minimal exposure to the collapsed exchange
How stable are stablecoins in the FTX crypto market contagion?
29.11.2022
The collapse of crypto-exchange FTX hit the crypto world like a tropical storm. It bears asking once again: How stable are stablecoins?
Silvergate denies recent FUD, confirms minimal exposure to BlockFi
29.11.2022
Silvergate Capital has been quick to distance itself from the now-bankrupt crypto lender BlockFi
Calls for regulation get louder as FTX contagion continues to spread
29.11.2022
The FTX saga has made some crypto executives, researchers, analysts, and politicians more aligned on regulation than ever
Bitcoin Languishes Near $16K as BlockFi Bankruptcy Keeps Crypto Credit Contagion Concerns in Focus
28.11.2022
US-based cryptocurrency lending and borrowing platform BlockFi, formerly one of the biggest in the cryptocurrency space, filed for Chapter 11 bankruptcy protection on Monday. The company indicated that it hopes to restructure and will continue operations for the time being....
Wrapped Bitcoin Trades at Discount Amid Market Contagion
28.11.2022
WBTC’s discount dropped as low as -1.5% as questions swirled over whether WBTC is fully backed. Custodian BitGo later clarified that it is