Why is Bitcoin price down today?
[Nov 21, 2022 4:59 PM] Bitcoin price is down again, but what are the primary reasons behind BTC’s drawn-out decline?
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Lido fundamentals shine even as the wider crypto market struggles to regain traction
[Nov 21, 2022 2:45 PM] Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users and Ethereum stakers.
FTX Japan plans to resume withdrawals by 2023: Report
[Nov 21, 2022 11:01 AM] Japan’s Financial Services Agency requested the exchange suspend business orders on Nov. 10 prior to FTX Group declaring bankruptcy in the United States.
Binance makes moves in hardware wallet industry with new investment
[Nov 21, 2022 5:53 AM] Binance Labs has made a strategic investment in the Belgian hardware wallet firm Ngrave and will lead its upcoming Series A round.
Celsius bankruptcy victims get proof-of-claim deadline from US court
[Nov 21, 2022 4:32 AM] The situation surrounding the Celsius bankruptcy continues as U.S. regulators set a deadline for those affected by the situation to file a proof claim against the company.
FTX-owned Liquid exchange pauses all trading after withdrawal halt
[Nov 21, 2022 3:26 AM] Liquid’s operational halt comes five days after the exchange suspended all withdrawals due to FTX’s bankruptcy filing.
FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing
[Nov 20, 2022 4:38 PM] Not much is known about who these creditors could be, as names and personal information were redacted from the published document.
FTX funds on the move as thief converts thousands of ETH into Bitcoin
[Nov 20, 2022 11:15 AM] According to Chainalysis, “Reports that the funds stolen from FTX were actually sent to the Securities Commission of The Bahamas are incorrect.”
South Korea investigates crypto exchanges for listing native tokens
[Nov 20, 2022 4:55 AM] Initial investigations revealed that all crypto exchanges performed lawful operations across South Korea. However, Flata Exchange is suspected of listing its in-house token, FLAT, in January 2020.
Binance CEO CZ begins working on Vitalik Buterin's ‘safe CEX’ ideas
[Nov 19, 2022 4:50 AM] While long-term solutions will need the involvement of multisig and social recovery wallets, Buterin pointed out two alternatives for the short-term — custodial and non-custodial exchanges.
Report: 950 FTX Users in Taiwan Had Digital Funds Worth $150 Million Held on the Exchange When It Collapsed
[Nov 19, 2022 3:30 AM] At the time of FTX’s collapse, about 950 users in Taiwan had a total of $150 million worth of digital assets stored or held at the crypto exchange, a law firm has reportedly said. FTX users in Taiwan were reportedly investing in…
Bitcoin scarcity rises as bad exchanges take 1.2M BTC out of circulation
[Nov 19, 2022 12:54 AM] Historical data around crypto crashes revealed that 14 crypto exchanges, together, were responsible for the loss of at least 1,195,000 BTC, representing 6.3% of the 19.2 Bitcoin currently in circulation.
Nickel Digital, Metaplex, and others continue to feel the impact of FTX collapse
[Nov 18, 2022 3:45 PM] Some companies have resulted in layoffs to deal with their million-dollar losses.
Crypto Biz: FTX fallout leaves blood in its wake
[Nov 18, 2022 12:45 PM] Businesses exposed to Sam Bankman-Fried's bankrupt cryptocurrency exchange are beginning to topple.
Russian bill would legalize crypto mining, sales under ‘experimental legal regime’
[Nov 18, 2022 11:45 AM] The bill provides a legal definition of mining and mining pools and would create a domestic cryptocurrency market in Russia’s latest step to integrate digital assets into its economy.
FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong
[Nov 18, 2022 6:08 AM] The Hong Kong-based cryptocurrency exchange says the market turmoil from the FTX fallout is the final cause of ceasing operations following a year of winding down services.
Binance sees record 138K BTC inflows as opinions differ on what Bitcoin price will do next
[Nov 18, 2022 5:07 AM] BItcoin exchange inflows echo 2018 crypto capitulation, but the reasons for the largescale moves from Binance remain unclear.
Jump Crypto denies rumors that it intends to wind down due to FTX losses
[Nov 17, 2022 3:30 PM] According to Jump Crypto, the firm is “one of the most well-capitalized and liquid firms in crypto.”
Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases
[Nov 17, 2022 8:05 AM] The FTX bankruptcy has left creditors, investors and industry experts questioning what will happen next — Here is what we can expect.
US crypto exchanges lead Bitcoin exodus: Over $1.5B in BTC withdrawn in one week
[Nov 17, 2022 3:36 AM] Cold feet are in charge as exchange users continue to move Bitcoin from exchanges to non-custodial wallets.
Australia Suspends Financial Services License of Local FTX Entity
[Nov 17, 2022 1:30 AM] Australia’s securities regulator has suspended the license of the Australian unit of the bankrupt crypto exchange FTX until mid-May. According to an issued statement, the platform will be allowed to provide limited financial services until Dec. 19…
Sam Bankman-Fried updates investors: ‘We got overconfident and careless,’ claims $13B leverage
[Nov 16, 2022 3:00 PM] “I was on the cover of every magazine, and FTX was the darling of Silicon Valley,” said the former CEO on the crypto firm’s path to bankruptcy.
DeFi platforms see profits amid FTX collapse and CEX exodus
[Nov 16, 2022 2:23 PM] On-chain data flashed positive for DEXs and an increase in protocol revenue, even as markets corrected due to FTX’s insolvency.
Bybit releases reserve wallet addresses amid calls for transparency
[Nov 16, 2022 1:15 PM] The wallets seem to indicate that over $1billion worth of BTC, USDT, ETH, and USDC are held by the exchange.
How are ‘lite’ versions of crypto apps helping adoption?
[Nov 16, 2022 8:01 AM] Crypto exchanges use technology and basic design principles to attract a new wave of users into the crypto ecosystem.
US reportedly considering Bankman-Fried extradition for questioning
[Nov 16, 2022 6:43 AM] Authorities in both countries are reportedly in conversation about whether to bring the former FTX CEO back to the United States.
Tim Draper still positive on $250K Bitcoin price prediction in 2023
[Nov 16, 2022 4:32 AM] The collapse of FTX crypto exchange has nothing to do with the success of Bitcoin because BTC is decentralized and FTX was not, Tim Draper said.
Citi Analyst Warns of ‘Serious’ Contagion Risk to Crypto Ecosystem From FTX Failure
FTX fallout continues: BlockFi reportedly mulling bankruptcy, SALT pauses withdrawals and deposits
[Nov 15, 2022 3:30 PM] News of BlockFi’s potential bankruptcy filing comes only a day after the platform denied allegations that the majority of its assets were held on FTX.
FTX-owned crypto exchange Liquid halts all withdrawals
[Nov 15, 2022 7:43 AM] Sam Bankman-Fried’s FTX exchange acquired the Japanese crypto trading platform Liquid Group and its subsidiaries in February 2022.