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Michael Novogratz Tells CNBC He Does Not Expect to Recover $77M Exposure Linked to FTX
10.11.2022
The comments come a day after the firm revealed the exposure in its quarterly earnings
State-Run Chinese Newspaper Economic Daily Warns Against ‘Betting Big’ on the Metaverse
10.11.2022
Economic Daily, an economic newspaper run by the Chinese state, has published an article noting problems with investing in the metaverse. The article says that metaverse investments might not be suitable for all regions of the country, comparing the trend to the explosion of new green energies...
FTX Site Experiences Temporary Outage, Warns Users Not to Deposit
9.11.2022
MiCA proponent cites FTX in advocating for regulation: 'Crypto assets are not play money'
9.11.2022
"With a global MiCA, the FTX crash would not have happened," said European Parliament economics committee member Stefan Berger
Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’
9.11.2022
The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled customer funds,” Binance has decided not to pursue the FTX acquisition....
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....
Binance CEO Zhao Says Planned FTX Acquisition Is Not a 'Win for Us'
9.11.2022
Zhao also noted in a Wednesday memo to staff that Binance had stopped selling its holdings of FTX's tokens given the ongoing due diligence for the deal
Not just FTX Token: Solana price nukes 40% along with other 'Sam coins'
9.11.2022
Cryptocurrencies exposed to Sam Bankman-Fried and his companies, Alameda Research and FTX, have dropped by an average of 40% this week
Prince Of Persia Pre-Orders Canceled, But Ubisoft Swears It's Not Dead
8.11.2022
Two years after it was first announced, and following a string of delays and bad news, Ubisoft officially confirmed that the game isn’t dead, but it has canceled all pre-orders and refunded everyone their money. Read more
'Pharma Bro' Martin Shkreli to LUNA's Do Kwon: 'Jail Is Not That Bad'
8.11.2022
The crypto villians discussed the impending FTX-Binance deal on the UpOnly podcast
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.”
‘Do not delay’ — ASIC warns Aussies to look for 10 signs of a crypto scam
8.11.2022
The list comes out as part of Australia's 2022 Scams Awareness Week
Cardano Price Forecast as Charles Hoskinson Says He Is Not Retiring – ADA to Keep Going Higher?
7.11.2022
Cardano price is holding above critical support in the wake of a widespread pullback in the cryptocurrency markets. The smart contracts token saw a V-shaped recovery after bulls stepped in at the $0.3350 support area.
ADA's uptrend saw its momentum weakened by resistance at $0.4200 over...
You will not regret buying Big Eyes Coin, Even if you hold Bitcoin and Aptos
7.11.2022
Bitcoin, the leading cryptocurrency based on market cap, has, since its creation by Satoshi Nakamoto in 2009, broken barriers, leading to the creation of the crypto market we have today. Bitcoin opened the doors to DeFi, while Ethereum projected this vision for the world to see these possibilities...
Billionaire Sam Bankman-Fried Reveals Reasons for Not Investing in Elon Musk Twitter Takeover
7.11.2022
Sam Bankman-Fried, CEO of FTX, said that the reason the major exchange did not invest in the much-talked-about Elon Musk Twitter takeover is the crypto-related difference in visions for the social network.
The CEO tweeted on November 3,
"We passed on Twitter b/c it didn't seem like our strengths...
Gala token exploit 'not a white hat act': Huobi Global
7.11.2022
Huobi claimed that calling the incident a white hat move was only pNetwork’s excuse to avoid legal sanctions
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...
Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Call, Report
6.11.2022
Cryptocurrency exchange Bybit has no intention to introduce restrictions for Russian traders, despite a recent reminder by the Monetary Authority of Singapore (MAS) about the obligations of crypto providers in that respect. According to a crypto media report, the platform shared its position...
The market is hot, but Solana is not — Data explains why SOL price is lagging
5.11.2022
SOL price has been in a 3 month downtrend, but recent newsflow and events could trigger a reversal