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FTX Latest - Crypto Prices Stable as New CEO Condemns 'Complete Failure'. Here's the Shocking Mismanagement Laid Bare
17.11.2022
New FTX CEO John Ray reveals today in a court declaration “the complete failure of corporate controls” at bankrupt crypto exchange FTX.
FTX CEO John Ray lays bare the enormity of the task he faces in finding and securing the property of the debtors as the liquidators seek to unravel the governance...
Bitcoin Price Prediction as Crypto Prices Stabilize, Is $20,000 BTC on the Cards?
17.11.2022
Following the release of UK inflation figures, the price of Bitcoin remains below $17,000. which was higher than expected Most altcoins in the market have followed suit, as traders remain cautious.
Bitcoin is currently trading at $16,740, down from $16,886 at the start of the day. BTC has ranged...
FTX Latest - Crypto Prices Slip as Contagion Hits BlockFi, Genesis and Gemini, Hacker ID Known, Auditors and VCs Fail, Class Action Lawsuit Filed
16.11.2022
BlockFi, Genesis and Gemini are the latest crypto victims of FTX contagion.
The Wall Street Journal reports that crypto lender BlockFi is preparing for bankruptcy while today Genesis announced that it was halting redemptions on its lending product and would stop making new loans.
It is claimed...
As Crypto Prices Crash, This Eco-Friendly Coin is Pumping Hard
15.11.2022
Crypto prices across the board have been suffering over the course of the last few days.
The meltdown of FTX has been a complete disaster for the industry, as one of the largest crypto market makers and one of the largest crypto hedge funds took out an extreme amount of leverage and then stole...
Bitcoin Miners' Balance Slides as FTX Collapse Weighs on Crypto
14.11.2022
Data tracked by Glassnode shows, the number of bitcoin held by miner wallets has dropped to a 10-month low
FTX Hack and Balance Sheet Mystery – Crypto Prices Weak As Up to $2 Billion of Client Funds Missing. Where is SBF?
13.11.2022
Aside from losses resulting from the FTX hack, the bankrupt exchange is apparently unable to account for $1 billion to $2 billion of client funds, say people familiar with the matter, and its balance sheet shows liabilities of $8,859 million against assets of just $899 million. ...
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Experts Predict These 4 Coins Might 10x as Crypto Prices Bounce
11.11.2022
With the crypto market experiencing a downturn, investors are looking for ways to wait out the current storm. While coin prices remain highly volatile, there are still opportunities for gains.
Several coins have piqued the interest of experts, and we’ll go over some of them below:...
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Breaking: FTX US Files for Chapter 11 Bankruptcy, Sam Bankman-Fried Resigns, Crypto Prices Crash Instantly
11.11.2022
In a statement posted on the official FTX Twitter account, the firm announced that they had commenced voluntary Chapter 11 bankruptcy proceedings. The news comes despite efforts by founder Sam Bankman-Fried (SBF) to raise funding to plug the $9.4 billion hole left by fund mismanagement....
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Crypto Prices Crash as FTX Declares Bankruptcy, SBF Resigns - Winners and Losers
11.11.2022
FTX's desperate scramble for investors to repair its balance sheet has ended in bankruptcy.
With regulators around the world freezing the troubled exchange's assets, it was only a matter of time.
Sam Bankman-Fried has resigned as CEO and is replaced by John J Ray III.
Ray said: “The immediate...
Crypto Prices Bounce as FTX Searches For Rescuers, Tether Peg Slips, Contagion Fears Mount
10.11.2022
Crypto prices bounced today but how long can the reprieve last and will FTX survive?
Well, the game isn’t up for FTX just yet, as various reports suggest the crypto exchange teetering on the edge of bankruptcy is in talks with investors as it seeks a rescue deal.
Now market participants worry...
Why Crypto Prices Are Still Crashing and Will The Bleeding Stop Soon?
10.11.2022
Crypto prices continue to crash after Binance pulled the plug on its proposed acquisition of FTX and the troubled exchange said it was facing bankruptcy unless it could raise $4 billion.
Meanwhile, the bitcoin price fell to as low as $15,597, but has since recovered 3.5% to trade at $16,350....
Crypto.com Exchange Suspends Withdrawals on Solana blockchain as Crypto Prices Crash – Another Exchange in Trouble?
10.11.2022
Major cryptocurrency exchange Crypto.com has suspended deposits and withdrawals of two major stablecoins, USDT and USDT, on the Solana blockchain.
In an email to users on Wednesday, the platform reportedly said that they are suspending deposits and withdrawals of USDC and USDT on the Solana...
Bitcoin sinks to new yearly low at $16.8K as FTX insolvency fears turn into contagion
9.11.2022
BTC and altcoins continue to sell-off, hitting new yearly lows as the collapse of FTX begins to drastically impact investors across the entire crypto market
Crypto Prices Crash as FTX Crypto Exchange Collapses – What We Know So Far
9.11.2022
The price of almost all major cryptocurrencies crashed today after it was announced that major crypto exchange FTX will be acquired by rival Binance in a strange turn of events.
The world's largest cryptocurrency has lost more than 8% over the past 24 hours, currently trading around the $18,000...
Crypto Prices Crash but These 3 Coins Could 10x
9.11.2022
The global cryptocurrency market is in a bloodbath, with the total crypto market cap down over 12% from yesterday and the market cap of DeFi coins down more than 13%. Bitcoin fell more than 16%, breaking the yearly low in June and setting a new low of $17,114. Similarly, FTT fell by more than...
Breaking News: Crypto Prices Explode as Binance Acquires FTX
8.11.2022
Binance is set to acquire FTX – that is the startling news that hit the cryptoverse moments ago.
Changpeng Zhao - or CZ as he is known – tweeted that Binance has been asked for help by FTX as it seeks to staunch the bleeding at the exchange, after Coindesk caught sight of documents earlier this...
Crypto Prices Crash on FTX Insolvency Rumors – 3 Coins to Buy the Dip
8.11.2022
Cryptocurrency prices plummeted amid reports of FTX bankruptcy. Changpeng Zhao, the founder and CEO of Binance, the world's largest cryptocurrency exchange, announced on Sunday that his trading platform is about to sell its stake in FTT, a competitor platform to FTX's native asset....
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Is Bitcoin bullish or nah? Here is what is really going on with BTC price
4.11.2022
Data suggests BTC is finally carving out a bottom, but is it time to buy?
Crypto Prices Bullish Once More - What’s Fueling the Recovery?
4.11.2022
Prices of major cryptocurrencies are again looking bullish, as traders eye hope that inflation has peaked, and attention shifts to the next US interest rate announcement.
The bullish price action in bitcoin (BTC), ethereum (ETH) and other major coins today came despite a more hawkish tone than...
Jack Dorsey's Block Sees Drop in Bitcoin Revenue as Consumer Demand, Crypto Prices Slump
3.11.2022
Block cited declines in consumer demand and the price of bitcoin for its bitcoin-based revenue decline