Major stablecoins destabilized as market volatility and redemptions surge
Nearly all major stablecoins lost their dollar pegs amid the FTX saga, but most have recovered again as markets stabilize....
Day: November 10, 2022
Tron-based tokens sell at 1200% premium as FTX users scramble to withdraw
The JST token in particular is trading for a premium of around 1,200%, while BTT and TRX have inflated at...
Breaking: FTX partially resumes withdrawals, blockchain data shows
Transactions are leaving the FTX hot wallet at a rate in the single digits per minute. According to data from...
Cathie Wood’s ARK adds $12.1M in Coinbase shares amid turbulent markets
Ark Investments topped up its Coinbase stock shortly after FTX's liquidity issues were revealed, which came after Coinbase stated that...
BlockFi limits platform activity, including a halt on client withdrawals
"We intend to communicate as frequently as possible but anticipate that this will be less frequent than what our clients...
Genesis Trading reveals $175M of funds are locked in FTX
Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help...
Crypto gaming needs to be fun to be successful — money doesn’t matter
Contrary to what you might believe, monetary rewards in gaming are bad for player retention. Developers need to take player...
‘Highway To Climate Hell’: Cardano, Algorand, Big Eyes Coin Achieve More Than COP27
Like previous United Nations Climate Change Conferences, the meeting has taken on a pessimistic tone. But perhaps, in 2022, the...
Can Rocketize Token Outperform Market Leaders VeChain and Filecoin?
There are many areas of the economy where digital tokens can provide practical solutions to problems that have persisted for...
How Can Crypto Traders Find the Right Trading Site?
Not only niche investors but traders worldwide are finding Bitcoin an amazing investment. The crypto trading platform has attained high...
Breaking: Bahamas securities regulator freezes FTX assets
The Bahamas Securities Commission said FTX's assets could not be moved without the approval of a Supreme Court-appointed liquidator. The...
FTX US announces it may halt trading on its platform in a few days
According to the FTX US website, “Withdrawals are and will remain open.” In a long apology, the CEO of FTX,...
FTX US resigns from the Crypto Council for Innovation
“The news this week has been shocking, but we’ve also seen the community come together,” said CCI CEO Sheila Warren....
82% of Tether reserves held in ‘extremely liquid’ assets, according to attestation
The USDT issuer had total assets of $68.06 billion at the end of the third quarter, exceeding its total liabilities...
SEC, DOJ Investigate FTX — Regulators Suspect Crypto Exchange Mishandles Customer Funds
The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are reportedly investigating cryptocurrency exchange FTX. The...
