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These Cryptos should be avoided amidst FTX collapse
The entire crypto industry was feeling the heat of the downfall of the FTX empire. Employees, investors, executives, and users were heavily impacted by the…
US Congressman says SEC’s Gensler allegedly had dubious ties to FTX, promises…
U.S. Congressman Tom Emmer said in a tweet that he had received reports that the SEC chairman Gary Gensler was allegedly helping Sam Bankman-Fried and FTX “work on…
FTX seeks bailout to shore up liquidity; 60K BTC withdrawn from exchanges
The biggest news in the cryptoverse for Nov. 10 includes SBF planning to raise funds to bailout FTX and make users whole, SEC chairman Gary Gensler advocating for…
M2 money supply could be a better measure of inflation than CPI
When markets turn red and inflation starts soaring, both regulators and consumers turn to CPI as a gauge for the damage done by soaring prices but in the chaos that…
FTX reaches out to Kraken for help as it scrambles for $9.4B bailout; Alameda owes…
After Binance walked away from the FTX takeover deal, the cryptocurrency exchange has turned to Kraken for a possible bailout, Reuters reported, citing two people…
Crypto Twitter distraught over FTX collapse
The world’s third largest exchange FTX collapsed within a matter of days and the community’s pain is visible to all on Crypto Twitter.The severity of lossesCrypto…
Binance retracts purchase offer for FTX; Bitcoin slumps to $15K levels as stablecoins test…
The biggest news in the cryptoverse for Nov. 9 includes Binance’s decision to not move forward with the potential acquisition of FTX, Bitcoin’s retrace to $ 15,000…
Nexo distances itself from FTX
As the saga of FTX’s utter collapse continues, Nexo tweeted that its exposure is zero following the recent withdrawal of its total balance held with the troubled…
Binance-FTX deal reportedly scrapped without FTX.US on table; legal, compliance teams quit
The Binance-FTX deal appears to be off as a source with knowledge of the matter and text conversations reviewed by Blockworks indicated that Binance won’t acquire…
Bitcoin options traders swing bearish as FTX fallout takes hold
Recent days have seen increased market volatility as the FTX saga blows up.Binance’s offer to buy FTX gives the beleaguered exchange a lifeline. However, as made…