CoinTelegraph

The protocol announced an agreement to buy out 100% of FTX Ventures’s and Alameda Research’s equity position.

“The news this week has been shocking, but we’ve also seen the community come together,” said CCI CEO Sheila Warren.

The USDT issuer had total assets of $68.06 billion at the end of the third quarter, exceeding its total liabilities of $67.8 billion.

Minnesota Representative Tom Emmer did not provide any evidence to his claim Gary Gensler was “helping SBF and FTX work on legal loopholes,” but said he was looking into the matter.

The payments operator responded to a Treasury inquiry related to the presidential executive order with an appeal to keep bank interests in sight when designing digital assets.

The Binance CEO added that the amount of misinformation going around now is “insane.”

“FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine Waters.

Transactions appear to be leaving the FTX hot wallet at a rate in the single digits per minute.

Under the orders, FTX Japan will be required to suspend OTC derivatives transactions and related margins as well as new deposits from Nov. 10 to Dec. 9 unless the FSA steps in.

Tether has thus far only frozen USDT funds held in private wallets when requested by law enforcement.

Wild volatility continues for Bitcoin and altcoins as the lowest CPI readout since January pummels the dollar.

According to the FTX CEO, Alameda Research was also “winding down trading” but United States-based exchange FTX US “was not financially impacted” by recent events.

DeFi ecosystems try to live up to crypto’s decentralized ethos, but single-token governance protocols could prove a challenge.

Days after CZ took to Twitter to announce a new proof-of-reserve system for Binance users, the site went live with public details of its wallet addresses and on-chain activity.

A report from Reuters claimed that FTX used some of its customer deposits to support Alameda Research.

Tether follows TRON’s USDD stablecoin in coming unstuck amid suspicions of shorting involving FTX and Alameda Research.

Wallets associated with Sam Bankman-Fried’s Alameda Research could be behind the dollar de-peg, alleges Tron’s founder.

Some Ledger users weren’t able to process withdrawals using Ledger Live on Wednesday, according to social media reports.

The U.S. regulators are currently investigating FTX.US, Coinbase and Binance in the wake of the collapse of the FTX global crypto exchange.

On Nov. 9, the GBTC closed at a record discount of 41% with a one-share price standing at $8.76.

Miners face an impossible situation if prices stay this low, which could result in a sell-off accompanied by a BTC price macro low.

The NFT marketplace has clarified its stance on creator royalties after receiving significant public backlash from an earlier post.

The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income.

Twitter’s new owner says they’ll be throwing a heap of new ideas at the platform over the coming months.

“We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves,” the Crypto.com CEO said.

The story between cryptocurrency exchanges Binance and FTX has quickly unfolded and caused havoc in the crypto market, here’s a breakdown of where it began and where it is now.

According to reports, FTX CEO Sam Bankman-Fried asked investors for emergency funding to cover an $8 billion shortfall during a Nov. 9 investors call.

Neither FTX CEO Sam Bankman-Fried nor any FTX official has provided its users with clarity as to why FTX’s website was taken down.

Cryptocurrencies understood to have exposure to Sam Bankman-Fried, FTX, and Alameda Research appear to have been impacted the most.

BTC and altcoins collapse following news that Binance declined to purchase FTX. Analysts share their perspectives on what’s next for the market.