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3 years ago
FTX CEO Announces Downsizing In Alameda, Promises To Reimburse Users
Sam Bankman Fried, CEO at FTX, explained the current state of the crypto exchange platform and their efforts to make users whole. The tradin...
3 years ago
How FTX Collapse Caused Crypto Market To Shed Over $100 Billion In 24 Hours
Major cryptocurrencies are down with some depreciating in value more than 10% in the past 24 hours. Just days earlier, Binance CEO Changpeng...
3 years ago
Ethereum Amid FTX Crisis: ETH Plunges 22% – More Bad News Coming?
Ethereum and the rest of the crypto markets are now experiencing yet another crippling calamity. They call it the ‘black swan’ e...
3 years ago
Following FTX Turmoil Sen. Warren Calls For Aggressive SEC Enforcement
Predictably, the collapse of FTX has put U.S. regulators on notice. Both the U.S. Securities and Exchange Commission (SEC) and the Commodity...
3 years ago
FTX Disaster Doesn’t Scare Cathie Wood’s ARK As They Double Down On Coinbase COI...
FTX, with all the bad publicity attached to the beleaguered crypto exchange, is sending shivers down the spines of investors and traders. Ma...
3 years ago
FTX Affirms $8B Need To Avert Bankruptcy – Will Justin Sun Step In?
The cancellation of the Binance-FTX deal sent the Bitcoin and crypto markets tumbling lower yesterday. When the statement was released late...
3 years ago
Sam Bankman-Fried Not In The Bloomberg’s Billionaire Club Anymore
Following the crisis in FTX, the firm’s CEO, Sam Bankman-Fried (SBF), has been trying to salvage the exchange. He has been gathering r...
3 years ago
Celebrities And Crypto Contagion: Who Will Fall Victim To The FTX Fiasco?
The current state of the crypto market today has proven what everyone always feared, uncertainty. Many investors initially lost million due...
3 years ago
Bitcoin ATM Locations Surged By 28% In Canada
Although downtrends in crypto prices have affected the industry’s growth, crypto-related developments continue to make headlines almos...
3 years ago
OpenSea Elects To Maintain Creator Royalty Fees
Amiss the market chaos, there is still room for NFT royalty chatter. OpenSea has announced that creator royalties will maintain as they have...
3 years ago
Crypto Liquidations Exceed $830 Million As Bitcoin Crashes
Liquidations in the crypto market have amounted to more than $830 million over the last 24 hours, as Bitcoin has crashed below the $18k leve...
3 years ago
Japanese Web 3 Lawmaker Urged To Make The Crypto Regulation More Easier
Once known as a hub for crypto verse, specifically in the first decade of Bitcoin’s inception, Japan started to put regulations around the c...
3 years ago
CZ’s Advice To Crypto Companies Point Out What Went Wrong With FTX
Binance’s decision to purchase the FTX crypto exchange eventually put an end to the uncertainty that shrouded it for the last two days. Alth...
3 years ago
Binance Unlikely To Go Through With FTX Purchase After Reviewing Company Books
The Binance-FTX drama continues as the deal between the parties hangs by a thread. Yesterday, FTX announced a deal with its competitor to su...
3 years ago
Coinbase CEO Says The Crypto Exchange Won’t Suffer The Same Fate As FTX
While discussing what happened to FTX, Brain Armstrong, CEO of Coinbase, bragged that his firm is not vulnerable to that kind of issue. He,...
3 years ago
Galaxy Reveals $76 Million Exposure To FTX Exchange, Contagion Spreads
Investment firm Galaxy Digital has been affected by the consequences of the “crypto exchange wars” between FTX and Binance. The former platf...
3 years ago
Coinbase Drops 10% On Binance-FTX Contagion, Says No Exposure To FTT
Coinbase allayed fears of its clients in the face of worries that it might have been affected by a development that made the crypto space lo...
3 years ago
What Bitcoin’s Decline To A New Cycle Low Says About The Market
Bitcoin was able to hold the $20,000 through times with expected volatility, triggering speculations that the digital asset had finally reac...
3 years ago
Mark Zuckerberg’s Meta Lays Off 11,000 Employees
Facebook’s parent company Meta has announced today that the firm is cutting down 11,000 workers, in what could be the biggest layoff i...
3 years ago
FTX-Binance Drama: FTT Loses $2.5 Billion In Market Value – Going For Nil?
The FTX-Binance drama unfolds and deals a heavy blow on Sam Bankman-Fried’s crypto, the FTT. FTT, the token created to act as native c...
3 years ago
Circle’s USDC And Tether Are Safe Amid FTX Mayhem, CEOs Confirm
Amidst the mayhem surrounding FTX and the Binance deal, there are currently numerous rumors circulating about possible contagion effects. If...