Solana entities sold 50M tokens to FTX — How long will SOL price suffer?
Most of FTX's Solana exposure stands vested, meaning the defunct exchange will gradually gain access to millions of SOL up...
Month: November 2022
FTX downfall was a turning point for citizen journalism: Coinbase CEO
Brian Armstrong, the CEO of Coinbase has applauded the efforts of crypto analysts and citizen journalists amid the fall of...
Bitcoin Price Prediction for Today, November 15: BTC Price Recovers as It Reaches $17K
Bitcoin Survives Above $15.5K as It Reaches $17K – November 15, 2022 BTC/USD has challenged and resumed an upward trend...
Circle marks a possible $3B loss from Binance stablecoin conversions
Circle attributed its miscalculated financial projections to Binance implementing USDC to BUSD auto-conversions and the recent collapse of FTX.
FTX hacker is now the 35th largest holder of ETH
The exploiter's Ethereum haul is worth an estimated $288 million at current market prices. The hacker that exploited the now-bankrupt...
Yuga Labs acquires Beeple’s 10KTF game, hints at metaverse integration
Once the acquisition is completed, the company said that Beeple will be hired as an advisor for Yuga Labs. Yuga...
FDIC acting chair says no crypto firms or tokens are backed by agency
Martin Gruenberg answered affirmatively to Senator Bob Menendez that there were “no cryptocurrency firms backed by the FDIC” and its...
Citi Analyst Warns of ‘Serious’ Contagion Risk to Crypto Ecosystem From FTX Failure
A Citi analyst has warned of a serious risk of broader contagion to the crypto ecosystem stemming from the collapse...
Mark Cuban Says FTX Implosion Isn’t Crypto Blowup — Explains Why He Invests in Crypto
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, says recent blowups in the crypto...
Yellen Says FTX Collapse Shows Weaknesses of Entire Crypto Sector — Fed’s Brainard Pushes for Strong Regulation
U.S. Treasury Secretary Janet Yellen and Federal Reserve Vice Chair Lael Brainard have stressed the need for strong crypto regulation....
Next Level Blockchain Ecosystem IllumiShare SRG Set to Launch Token Presale
PRESS RELEASE. In a move that will excite crypto enthusiasts, IllumiShare SRG has announced its token presale launch, which will...
FTX Australia’s license suspended as 30K Aussies left in the lurch
Three members of a Sydney-based investment and advisory firm are assigned to help Australians impacted by the suspension of the...
Paradigm co-founder feels ‘deep regret’ investing in SBF and FTX
Some challenged whether the multi-billion dollar venture capital firm did enough due diligence on FTX prior to investment. The co-founder...
Crypto stablecoin issuer Circle adds Apple Pay support
The stablecoin issuer said Apple Pay support allows traditional businesses to experience the benefits of crypto settlement while allowing crypto...
FTX bankruptcy freezes millions worth of crypto company funds
Galois Capital, New Huo Technology, and Nestcoin are just some of the crypto firms with funds stuck on FTX as...
