Browsing Category
Altcoin
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…
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…
