CoinDesk

The move comes after Solana has plummeted 40% in 24-hours due to its link with the beleaguered Sam Bankman-Fried empire.

“The world is otherwise burning, but we decided this couldn’t wait,” a representative from OpenSea told CoinDesk.

Financier and influencer Sam Bankman-Fried flew exceptionally high during the pandemic-driven crypto bull market. Here’s what led to his fall, and why it matters for the industry’s future.

Binance scrapping its acquisition of rival FTX could mean institutional investors deciding to pull some of their money out of the crypto industry.

The largest cryptocurrency by market capitalization was hurtling toward $16K amid the growing fallout from crypto exchange FTX’s collapse. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

FTX is headed toward bankruptcy without a cash infusion.

While the FTX US website remains operational, FTX.com is experiencing widespread outages.

Yuga Labs, the NFT collective behind the majority of tokens held in the crypto empire’s wallet, has previously raised capital from FTX Ventures, though Alameda Research is in control of the wallet.

An old-guard rival of FTX from the derivatives markets sought to drive a stake through its heart as the crypto company struggled to save itself from financial disaster on Wednesday. A subsidiary of Cboe Global Markets Inc. sent a letter on Wednesday to its customers – addressed as the “crypto community” – reminding them of … Read more

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The purpose of the token movements is unclear, and the amount likely a small portion of the overall firm’s holdings, but the observation shows Alameda scrambling to arrange its finances – using the Ethereum blockchain.

The foundation becomes official with a stash of StarkNet Tokens and a seven-member board.

The world’s largest crypto exchange, Binance, bailed out one of its major competitors, FTX, in an event that shocked the crypto industry and is catching the attention of regulators.

The scheduled-to-be-unlocked SOL tokens represent around 15% of the token’s circulating supply.

Rumors of Alameda liquidating its Solana holdings are sending SOL’s price into free-fall; both Solana and Ethereum-based NFT markets are getting hit hard by the news.

Insolvent crypto exchange FTX halted crypto withdrawals on Tuesday, leading panicked customers to offload their bags among themselves at steep discounts.

The crypto trading platform cited “recent industry events” in an email to users announcing the suspension.

The executive director discusses why Bahamas-based crypto exchange FTX’s fall from grace is likely to “open up a more robust” debate surrounding regulation for exchanges going forward. U.S. Rep. Jim Himes also weighs in.

Gemini, Wintermute, Multicoin and more – a running list of those with continued exposure to the embattled cryptocurrency exchange.

Two websites tied to the Bahamas-based crypto exchange FTX have gone dark in the wake of the latter’s liquidity crisis and the subsequent news that it plans to be acquired by rival exchange Binance.

FTX’s surprise implosion has rattled the infrastructure of Solana staking.

El retiro sería un acontecimiento más que espectacular en el colapso del imperio cripto de Sam Bankman-Fried.

FTX chief Sam Bankman-Fried denied customer funds were being re-invested in a now deleted tweet posted on Monday.

Semafor, a news organization that FTX’s Sam Bankman-Fried invested in, cites people familiar with the matter.

The announcement comes following the company’s $27 million token sale

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FactSet estimates that the CPI will drop to 8%, but whether the decline is enough to encourage the Federal Reserve to ratchet back its monetary hawkishness remains unclear.

Silvergate shares have fallen this week on broader crypto market worries, as well as the fact that FTX is a customer of theirs.

As the crisis at Sam Bankman-Fried’s formerly trusted exchange continues, everything hinges on one key question: Where’s the money?