18 / 18 Relevant items tagged with #exchanges

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Brazil Based FTX Customers Organizing to File Class-Action Lawsuit

[Nov 18, 2022 8:00 AM] A group of customers of the recently collapsed crypto exchange FTX, is organizing to take legal action against the company. The suit would be led by Ray Nasser, CEO of Arthur Mining, and will be brought by customers who had more than $100,000 on…

Regulator Halts Trading of FTX Tokens in Indonesia

[Nov 17, 2022 1:00 PM] The agency overseeing Indonesia’s crypto market has stopped the trading of FTX tokens on domestic platforms. The announcement comes after FTX, the exchange that issued the FTT token, filed for bankruptcy in the United States and was subjected to…

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…

The Crypto Contagion Intensifies With More Dominoes To Fall

[Nov 16, 2022 10:00 PM] A look into the next potential dominoes in the crypto native contagion, along with a comparison of the recent historic levels of withdrawals. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium…

FTX And Bitcoin: The Good, The Bad And The Ugly

[Nov 16, 2022 2:00 PM] The collapse of FTX teaches valuable lessons, alongside the certainly negative aspects of contagion spreading in the industry.This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the…

Huobi Becomes Latest Crypto Exchange to Disclose Proof-of-Reserves

[Nov 15, 2022 1:30 AM] Huobi, the Seychelles-based crypto exchange, recently became the latest digital asset exchange platform to reveal the number as well as the value of its digital assets held in reserves. Huobi has said disclosing the assets held in reserves helps to…

How The FTX Collapse Spiked Fees On Popular Bitcoin Exchanges

[Nov 14, 2022 6:45 PM] The collapse of an industry titan exposes how various bitcoin brokerages could experience massive differences in the cost of bitcoin.This is an opinion editorial by Michael Chapiro, a materials engineer, an aerospace and defense executive and…

The Hubris Of FTX And The Humility Of Bitcoin

[Nov 9, 2022 4:00 AM] The lure of leverage has created yet another major collapse within the wider cryptocurrency industry.This is an opinion editorial by Josef Tětek, the Trezor brand ambassador for SatoshiLabs.So FTX is rekt after all. As we’ve witnessed…

The Exchange War: FTX Faces Liquidity Crisis

[Nov 8, 2022 9:18 AM] The exchange war has begun. The Binance CEO publicly dukes it out with the FTX co-founder as rumors of FTX and Alameda Research financial distress fly. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's…