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Altcoin
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…
User funds deposited into FTX can’t be insured
Users with funds on FTX might not be able to return their funds if the exchange’s deal with Binance falls through.According to the exchange’s terms of service…
Crypto markets lose almost $100B as FTX implosion leads to carnage
In the last 24 hours, the cryptocurrency market cap saw outflows in excess of $100 billion as the industry plunged to $875.52 billion from $971.29 billion as of…
Baby Doge Coin investors rise to 1.63 million
With the bearish sentiment still prevalent in the market, top coins continued shedding value even on Wednesday. The market was seen submerged in a sea of blood at…
Canada’s third-largest pension fund invested in FTX at $32B valuation
The third-largest pension fund in Canada could suffer major losses as part of the FTX fallout.The Ontario Teachers’ Pension Plan was among a handful of investors…
FTT token active addresses close to 0 for the entirety of 2022
Active addresses transacting with FTX’s FTT token have been close to zero throughout 2022, according to Glassnode data analyzed by CryptoSlate. Before Binance…
Coinbase CEO calls out “risky business practices” in FTX saga, sympathizes…
Coinbase CEO Brian Armstrong took to Twitter on Nov. 8 with a thread that started by sharing his “sympathy for everyone involved in the current situation with FTX.”…
Terra Luna founder Do Kwon surfaces on UpOnlyTV live on Twitch
Terra Luna founder Do Kwon has joined the UpOnlyTV show on Twitch amid carnage in the crypto markets as FTT tanks to $9, and Binance announces a potential…