Grayscale Bitcoin Trust records a 41% discount amid FTX meltdown
On Nov. 9, the GBTC closed at a record discount of 41% with a one-share price standing at $8.76. Following...
Day: November 10, 2022
‘Thank God’ El Salvador doesn’t have any Bitcoin on FTX, CZ clarifies
The Binance CEO added that the amount of misinformation going around now is “insane.” False information spreading online suggested that...
US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX
"FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine...
Biggest Movers: LUNC 13% Higher, as US CPI Boosts Crypto Markets
Terra classic has been one of Thursday’s biggest gainers, as crypto markets found light in the form of the latest...
Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens
Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s...
From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX
During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it...
Swaps Updates Take Payment Processing and UX to Badass Level
PRESS RELEASE. Tallinn, Estonia: Swaps is pleased to announce that we have updated our platform. As a crypto and fiat...
BREAKING: FTX appears to have resumed withdrawals Blockchain data shows
Transactions appear to be leaving the FTX hot wallet at a rate in the single digits per minute. According to...
Japan’s financial regulator requests FTX Japan halt operations
Under the orders, FTX Japan will be required to suspend OTC derivatives transactions and related margins as well as new...
Report: Tether freezes $46M of FTX’s USDT on Tron blockchain, setting new precedent
Tether has thus far only frozen USDT funds held in private wallets when requested by law enforcement. According to blockchain...
Bitcoin price gains $1K in minutes as CPI data deals DXY fresh 2% dip
Wild volatility continues for Bitcoin and altcoins as the lowest CPI readout since January pummels the dollar. Bitcoin (BTC) surged...
Sam Bankman-Fried apologizes for FTX liquidity crisis: ‘I fucked up twice’
According to the FTX CEO, Alameda Research was also “winding down trading” but United States-based exchange FTX US “was not...
Maintaining decentralization: Are custody services a threat to DeFi protocols?
DeFi ecosystems try to live up to crypto’s decentralized ethos, but single-token governance protocols could prove a challenge. Decentralization is...
Binance shares wallet addresses and activity after proof of reserve pledge
Days after CZ took to Twitter to announce a new proof-of-reserve system for Binance users, the site went live with...
Claims and rumors fuel crypto market turmoil amid FTX collapse
A report from Reuters claimed that FTX used some of its customer deposits to support Alameda Research. While information leaks...
