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Altcoin
Upbots issues recovery plan in light of FTX, Alameda exposure
Algo crypto trading platform, Upbots, detailed its recovery plan established due to its exposure to the fallout of FTX, and Alameda Research.Important announcementWe…
Can Shiba Inu Reclaim $0.00001 Levels By December 2022?
Shiba Inu was trading with four ‘zeroes’ last month and the FTX-induced crash sent the token plummeting in the indices. SHIB added an extra ‘zero’ last week and…
FTX bankruptcy court filing reveals Alameda gave $1.6B in loans to SBF, others
A Nov. 17 court filing from new FTX CEO officer John Ray III revealed that the former CEO of the bankrupt crypto exchange Sam Bankman-Fried got $1 billion in…
Circle drops Yield rates to 0%
Circle, the company that runs and issues USDC has dropped their Circle Yield product APY rate to 0%.Back in June I wrote about my anxieties around Circle. Oh hey,…
Here’s How Much SHIB Has Been Burned to Date
Meme coins, including Shiba Inu and Dogecoin, have enjoyed popularity over the years. However, they have frequently been chastised for failing to deliver a notable…
President Bukele reveals El Salvador will buy 1 Bitcoin daily
President Nayib Bukele announced that El Salvador would buy 1 Bitcoin (BTC) daily starting November 18.We are buying one #Bitcoin every day starting tomorrow.— Nayib…
SBF faces investor lawsuit in the US as Australia suspends FTX operations; LFG spent $2.8B…
The biggest news in the cryptoverse for Nov. 16 includes Gemini halting withdrawals on its Earn program, Coinbase saying it has zero exposure to Genesis Trading, and…
Coinbase says it has no exposure to Genesis, touts ‘strong capital position’
Due to the chain reaction of events following the FTX collapse, the leading exchange Coinbase felt the need to clarify that it has a ‘strong capital position’ amid…
3AC co-founder Kyle Davies says ‘we’re looking forward to justice’
Speaking to CNBC about the FTX collapse, Three Arrow Capital co-founder Kyle Davies slighted the bankrupt exchange by saying:“In the trueness of time, we will find…
Silvergate records reveal $425M in transfers to South American money launderers
Silvergate Company in North America Silvergate is a Federal Reserve member bank and the leading provider of innovative financial infrastructure solutions and…
