'Need to update my LinkedIn' — FTX Ventures head resigns: Report
Amy Wu’s resignation followed the news 134 companies associated with the FTX Group would be filing for bankruptcy under Chapter 11 in the United States.
External news feeds 1822/1831
3 key crypto price events to watch in the wake of the FTX and Alameda debacle
FTX and Alameda’s Ponzi-like trading scheme has dealt a heavy blow to the entire crypto industry. Here are three developments to keep a close eye on.
Russian IT Firms Lobby for Crypto Payments in Software Exports
Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting IT exports suggested by an industry organization…
FTX US suspends withdrawals, according to on-chain data
The development comes less than 24 hours after the platform issued an advisory urging its users to close down trading positions
Billionaires lose billions: What's happening with Elon Musk and Sam Bankman-Fried?
Sam Bankman-Fried no longer qualifies for a listing on the Bloomberg Billionaires Index, while Elon Musk's reported net worth has dropped by more than $86 billion in recent days.
Onchain Data Shows FTX US Paused ETH Withdrawals for 2 Hours, Users Complain of Withdrawal Errors
Total crypto market cap drops to $850B as data suggests further downside
The crypto market managed an 11% bounce from the Nov. 9 low, but a handful of metrics show a severe lack of investor confidence.
Solana TVL drops by almost one-third as FTX turmoil rocks ecosystem: Finance Redefined
The DeFi market faced the heat of the FTX turmoil as well with the majority of tokens and projects registering a blood bath over the past week.
Crypto.com CEO Shares Company’s Crypto Reserve Addresses in the Wake of FTX Bankruptcy
On Nov. 11, 2022, the CEO of Crypto.com Kris Marszalek shared the company’s proof-of-reserves addresses that hold leading crypto assets like bitcoin and ethereum. Marszalek says a “proof-of-reserves audit preparation is underway” and the wallet…
Climate Chain Coalition releases report on blockchain and emerging technologies at COP 27
Cointelegraph is a member of the network of organizations committed to using blockchain technology for climate action.
Bitcoin slips under $17K, crypto stocks tumble in reaction to FTX bankruptcy
Bitcoin, altcoins and crypto-linked stocks correct sharply after FTX officially files for bankruptcy, with BTC price slipping below its June lows again.
Philanthropic FTX Foundation Sunsets Operations Amid Bankrupt Exchange’s Fallout
The philanthropic effort created by the troubled crypto exchange FTX has detailed it is sunsetting operations and told the community that members were “shocked and immensely saddened” by the turn of events that transpired around the trading…
AscendEX New User Promotions: Reward Every Step of the Way
PRESS RELEASE. New York, NY, November 11, 2022 – AscendEX, a leading global cryptocurrency exchange, is excited to announce its new user rewards program, providing users an exclusive chance to mine BTC and earn satoshis rewards (SATs) by…
FTX crisis likely to spark a domino effect, macro analyst explains
The collapse of Sam Bankman-Fried’s crypto empire is likely to have repercussions beyond the crypto markets, according to Mike McGlone, senior commodity strategist at Bloomberg.
3,500 ‘Sleeping Bitcoins’ From 2011 Worth Over $60 Million Wake up After 11 Years of Slumber
Biggest Movers: SOL Gives Up 20% Gains, as FTX Declares Bankruptcy
Solana was up by as much as 20% on Friday, as the token rebounded following recent declines. The token which dropped by over 50% earlier in the week, surged today, as traders seemingly bought the dip earlier in the day. However, sentiment has since…
CySEC requested FTX's European arm suspend operations prior to bankruptcy: Report
FTX Europe was one of roughly 130 companies in FTX Group which will be a part of bankruptcy proceedings in the United States.
Crypto Biz: Crypto’s day of reckoning has arrived
After lecturing us about crypto regulation, Sam Bankman-Fried's house of cards collapsed this week as FTX declared bankruptcy.
As The FTX Collapse Shows, Time, Money And People May Change But Liquidity Crises Don't
FTX's collapse mirrors that of most liquidity crises over the last 100 years, but Bitcoin offers a break in the cycle.This is an opinion editorial by Kane McGukin, who has 13 years of wealth management experience spanning brokerage and…
Crypto Exchange FTX Files For Bankruptcy, CEO Resigns
FTX Group, which includes FTX U.S., filed for Chapter 11 bankruptcy following an intense liquidity crisis; CEO Sam Bankman-Fried stepped down.FTX has filed for Chapter 11 bankruptcy.The move includes FTX US, the group’s American subsidiary…
What can blockchain do for increasing human longevity?
The emerging longevity sector is attracting many crypto natives, who can both benefit from it and contribute to it with blockchain tools.
Troubled Crypto Exchange FTX Files for Chapter 11 Bankruptcy Protection, CEO Steps Down
The embattled crypto exchange FTX has informed the public that the FTX parent firm West Realm Shires Services, Alameda Research, and approximately 130 additional affiliated companies have filed for Chapter 11 bankruptcy protection in Delaware…
FTX, FTX US and Alameda will file for Chapter 11 bankruptcy in US; SBF resigns
FTX CEO Sam Bankman-Fried has resigned from his position but will “remain to assist in an orderly transition” before being succeeded by John Ray.
FTX customers attempt roundabout ways to withdraw their funds in Bahamas
From buying Bahamas-based NFTs to offering bounties to FTX employees, users with balances stuck in FTX are trying whatever they can to withdraw their money.
California Regulator Reveals Investigation Into FTX’s Failure, Says ‘Crypto Assets Are High-Risk Investments’
After it was discovered that FTX was dealing with financial issues and the crypto exchange paused withdrawals, U.S. regulators started to take notice. On Nov. 10, 2022, California’s Department of Financial Protection and Innovation (DFPI) published…
FTX ex-exec floats 'cool token' idea amid warning rebound may take years
Zane Tackett suggests alternatives to "boomer procedures" when it comes to FTX bankruptcy.
Veterans Are An Incredible Asset For Bitcoin
The Bitcoin community reflects the mission of freedom that Veterans committed themselves to.This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to…
FTX collapse: The crypto industry’s Lehman Brothers moment
The collapse of FTX came as a surprise to many, but as more information pours in, it seems FTX's liquidity crisis began sooner than many thought.
Bitcoin, Ethereum Technical Analysis: ETH Moves Higher as Markets Continue to React to US Inflation Report
Ethereum was trading higher on Friday, as cryptocurrency markets continued to rebound, following yesterday’s U.S. inflation report. The better-than-expected 7.7% CPI (consumer price index) figure for October boosted prices, following recent…