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DeFi platforms see profits amid FTX collapse and CEX exodus: Finance Redefined
18.11.2022
The bears were in control for the second week after FTX collapse, leading to a market-wide dismal performance including top 100 DeFi tokens
People Are Still ‘Bullish’ About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto Businesses
18.11.2022
Despite the recent collapse and the exchange filing for bankruptcy protection, crypto traders are still paying more than a U.S. dollar for FTX’s FTT token on Friday, Nov. 18, 2022. FTT was once a top-30 crypto asset, and now the token has no rank on specific coin market aggregation sites...
House Subcommittee Chair Calls For Documents as Part of FTX Collapse Probe
18.11.2022
Rep. Raja Krishnamoorthi (D-Ill.) is chairman of the Subcommittee on Economic and Consumer Policy
Crypto Biz: FTX fallout leaves blood in its wake
18.11.2022
Businesses exposed to Sam Bankman-Fried's bankrupt cryptocurrency exchange are beginning to topple
EverEarn Ethereum Blockchain Public Presale With USDC Rewards
18.11.2022
PRESS RELEASE. As if the cryptoverse needed more reasons for people to be fearful, both FTX and BlockFi rocked cryptocurrency blockchains and investors alike, sending prices spiraling, blockchains congesting, and investors hunkering down for more ‘crypto-winter’. But amidst this...
Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect
18.11.2022
An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and the liquidity crunch that ensued, likely started the domino effect that led to the company’s implosion. The study...
$138B investment manager Man Group to launch crypto hedge fund: Report
18.11.2022
Institutional investors still see a future for Bitcoin and cryptocurrencies despite the epic collapse of FTX and Alameda Research
Singapore State Fund Temasek Writes Down $275 Million Investment in FTX – Here’s What Happened
18.11.2022
As the recent collapse of major exchange FTX continues to ravage the crypto markets across the world, Singapore’s state-run fund Temasek has decided to write down the $275 million investment made into the failed crypto exchange....
Read More: Singapore State Fund Temasek Writes Down $275 Million...
‘Serious Fraud and Mismanagement’ Occurred at FTX Says Bahamian Liquidators
18.11.2022
Liquidators in the Bahamas working on the now-bankrupt crypto exchange FTX believe there was “serious fraud and mismanagement” occurring at the exchange, court documents have revealed.
“The Joint Provisional Liquidators’ findings to date indicate that serious fraud and mismanagement may have been...
Here’s How Some FTX Account Holders Can Get Their Money Back – But Time Is Running Out
18.11.2022
British computer scientist Joshua Browder discusses how institutional investors can file “Schedule E” claims in a bid to recover their funds from the beleaguered exchange
If You Lost Money on FTX, You May See Some Tax Relief
18.11.2022
What you need to know for your 2022 tax filing if you lost money or used the FTX crypto exchange
News Summary: FINRA Launches Crypto Comms Probe, Genesis Block Stops OTC Trading, Thodex Founder to Be Extradited to Turkey
18.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: News Summary: FINRA Launches Crypto Comms Probe, Genesis Block Stops OTC Trading, Thodex Founder to Be Extradited to Turkey
Banks still show interest in digital assets and DeFi amid market chaos
18.11.2022
Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions
Topps Sells out Crypto-Themed Garbage Pail Kids ‘Non-Flushable Token’ Cards
18.11.2022
Amid the craziness tied to the FTX collapse, the latest Garbage Pail Kids (GPK) non-fungible token (NFT) collection takes aim at the crypto industry, roasting subjects like the LUNA collapse, Bored Ape Yacht Club, and Cryptopunks. Following the release, GPK’s parent company Topps explains...
Bitcoin price may still drop 40% after FTX 'Lehman moment' — analysis
18.11.2022
BTC price targets now include $12,000, with Ethereum potentially falling to $800 for the pit of the bear market
The FTX Sex Tape Marks a Bottom for Crypto Prices? Trader Predictions
18.11.2022
'Sell when the Super Bowl ads hit, buy when the sex tapes hit' was one trading tip from crypto trader Cheds following the FTX scandal.
Cheds (@BigCheds) who has 291,000 followers, is not the only crypto influencer predicting that the FTX sex tape could be a bottom signal - alongside the wider...
El Salvador President Says Country Will Buy ‘One Bitcoin Every Day’, Billionaire Justin Sun Joins Him
18.11.2022
In a bid to exploit the recent crypto meltdown, El Salvador’s President Nayib Bukele and Tron Founder Justin Sun plan to Bitcoin at a pace of one coin per day starting today.
In a Thursday tweet, President Nayib Bukele announced the news, pledging to acquire one BTC per day starting Friday...
Pension Giant Ontario Teachers' Plans to Write Off All $95 Million Invested in Crypto Exchange FTX
18.11.2022
FTX investment represented less than 0.05% of Ontario Teachers' total net assets
'A Complete Failure of Corporate Controls': What Investors and Accountants Missed in FTX’s Audits
18.11.2022
An expert review of FTX’s audited financial statements reveals a series of red flag related-party transactions that should have led to more scrutiny of the company’s operations
Bank of America Downgrades Crypto Exchange Coinbase to Neutral in FTX Aftermath
18.11.2022
Bank of America has had a buy rating on Coinbase throughout its long decline this year, but threw in the towel on Friday with a downgrade to neutral