How did the FTX Bankruptcy Affect the Main Cryptocurrencies?
FTX was previously among the leading players in the market, with millions of users using the exchange around the globe. At the top of its performance,
FTX Exchange (Latest Publications)
New Huo Technology Receives Loan to Cover FTX-Locked Assets
In an official announcement made by the New Huo Technology, it has been confirmed that the unit has been granted a $14M loan by the former
USDT Tether Loses Parity With the Dollar for a Moment. It May End Up Like LUNA’s UST?
The stablecoin Tether (USDT) traded below $0.993 early Thursday morning, down 0.6% from its original peg of $1 as traders weighed the possible impact of contagion
FTX Woes Escalate
Japaneses authorities have asked FTX to suspend its operations in the country. California regulators will open up an investigation on the failure of the crypto exchange.
Crypto Lender BlockFi Halts Withdrawals
In the wake of FTX’s turmoil, the crypto lender, BlockFi has announced its decision to halt further withdrawals and transactions. The decision is directly related to
Tether Has No Plans to Rescue FTX
FTX enjoyed the heights of success at its peak. It had millions of customers around the globe using the exchange for countless transactions. Things took a
Sam Bankman-Fried’s $16 Billion Fortune is Wiped Out
Sam Bankman-Fried, previously considered to be one of the crypto industry’s heavy hitters, has been removed from Bloomberg’s list of billionaires after a string of financial
Why did the Agreement Between Binance and FTX Fail?
A day after agreeing to rescue FTX, Binance has unexpectedly walked out of the non-binding deal. The world’s largest crypto exchange, Binance, pulled out of the
Coinbase CEO Criticizes Unclear Regulations Driving Trading Activity Offshore
The cryptocurrency market lost ground shortly after the FTX crisis, which is now a hot topic known to many. As a direct consequence of the exchange’s
JP Morgan Says Binance FTX Fiasco May Push Bitcoin to $13K
Banking juggernaut, JP Morgan, has claimed that the FTX crisis could bulldoze Bitcoin (BTC) down to $13,000. In a recent report, the banking giant revealed the
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