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CME Bitcoin futures trade at a discount, but is that a good or a bad thing?

November 17, 2022 by

CME Bitcoin futures briefly traded at a 5% discount, alarming analysts, but what does it mean for BTC price?

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Bitcoin price target now $13.5K as BTC trader says ‘exit all the markets’

November 17, 2022 by

Bitcoin shrugs off FTX news, but analysts warn BTC and altcoins are due significant losses.

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3 reasons why the FTX fiasco is bullish for Bitcoin

November 17, 2022 by

The FTX fiasco is nothing new for Bitcoin as it survived multiple exchange collapses, bear markets and even outright bans in its decade-plus existence.

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Could Hong Kong really become China’s proxy in crypto?

November 17, 2022 by

With its partial autonomy, the island city of Hong Kong has traditionally served as a gate to China, but with crypto, there is a catch.

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Heroic Story secures $6 million to build Web3 tabletop RPG world

November 17, 2022 by

The seed round was led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology.

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Australian firm raises $28M to expand Bitcoin mining capabilities

November 17, 2022 by

The Sydney-based Arkon Energy secured $28 million in a recent funding round to expand its renewable energy Bitcoin mining operations despite the volatile market.

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‘I knew he was desperate’ — Binance CEO CZ opens up on SBF relationship

November 17, 2022 by

Binance’s CEO reflects on prior dealings and relationship with SBF after the collapse of his FTX empire.

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SBF received $1 billion in personal loans from Alameda: FTX bankrupty filing

November 17, 2022 by

A fresh bankruptcy filing from FTX chief restructuring officer John Ray III highlights that Sam Bankman-Fried received $1 billion in loans from FTX-related silo companies.

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Binance, OKX and Bybit suspend USDT and USDC deposits on Solana

November 17, 2022 by

The Solana cryptocurrency continues crashing amid the FTX crisis, plummeting 7% on the news of exchanges halting deposits in Solana-based stablecoins.

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Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases

November 17, 2022 by

The FTX bankruptcy has left creditors, investors and industry experts questioning what will happen next — Here is what we can expect.

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Ethereum Climate Platform launches to address the network’s prior PoW emissions

November 17, 2022 by

Ethereum co-founder Joseph Lubin said that while the Merge set a high standard for climate mitigation, the crisis still requires more radical change.

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The FTX contagion: Which companies were affected by the FTX collapse?

November 17, 2022 by

The FTX saga has had a massive impact on the entire crypto industry, and some companies bore the brunt of the crash.

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FTX acquisition no more: Canadian exchange Bitvo backs off the deal

November 17, 2022 by

Bitvo has managed to back off its acquisition agreement with FTX exchange thanks to long approval process of the deal from local regulators.

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Trust Wallet launches browser extension, integrates with Binance Pay

November 17, 2022 by

The new browser extension lets users store, send and receive crypto across all EVM chains and Solana.

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US crypto exchanges lead Bitcoin exodus: Over $1.5B in BTC withdrawn in one week

November 17, 2022 by

Cold feet are in charge as exchange users continue to move Bitcoin from exchanges to non-custodial wallets.

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NFT rides shotgun as Red Bull Racing closes out F1 season

November 17, 2022 by

Red Bull Racing will close out a successful Formula 1 season with an NFT emblazoned on both drivers’ vehicles at the Abu Dhabi Grand Prix.

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Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a day

November 17, 2022 by

El Salvador currently holds 2,381 BTC with a total investment of $103 million, the value of its BTC investment has declined to $39.4 million in the current market conditions.

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Ether staking withdrawal schedule removal faces harsh criticism

November 17, 2022 by

Twitter users called out the removal of the ETH staking timeframe and with one describing staked ETH as a “non-redeemable” investment.

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Aussie treasurer promises crypto regulation next year amid FTX debacle

November 17, 2022 by

A spokesperson for Australian Treasurer Jim Chalmers said they are closely monitoring the fallout from FTX’s collapse.

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No red flags at FTX despite 8 months of ‘extensive due diligence’ — Temasek

November 17, 2022 by

Despite eight months of due diligence, investment firm Temasek found no major concerns with FTX’s financials and no sign that the crypto exchange would eventually collapse.

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Tremors from FTX’s collapse reverberate through the scientific community

November 17, 2022 by

With Sam Bankman-Fried involved in so many philanthropic ventures, the fallout of FTX could also see a variety of grants and investments being subject to clawbacks or not honored.

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Aussie stock exchange abandons blockchain plans, leaving $170M hole

November 17, 2022 by

The blockchain-backed upgrade in the works for nearly five years has potentially cost Australia’s primary exchange over $170 million.

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Bahamian liquidators reject validity of FTX’s US bankruptcy filing

November 17, 2022 by

The provisional liquidator overseeing the FTX Digital Markets bankruptcy proceedings says FTX wasn’t authorized to file for bankruptcy in the U.S without his approval.

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Sam Bankman-Fried says he regrets filing for bankruptcy: Report

November 17, 2022 by

The former CEO had a wide-ranging interview in which he made a number of startling remarks.

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Esports team TSM suspends $210M sponsorship deal with FTX

November 17, 2022 by

TSM confirmed that it remains “strong, profitable and stable” despite its decision to suspend the sponsorship with FTX.

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FTX’s new CEO John Ray coldly addresses SBF’s erratic tweets

November 17, 2022 by

The new CEO of FTX gave a curt statement in response to the series of intermittent tweets by former CEO Sam Bankman-Fried.

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FTX just imploded, and Jack Dorsey wants to talk about the next stage for crypto?

November 17, 2022 by

People need time to catch up before Jack Dorsey tries to launch the next generation of the internet.

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Tether says it has no exposure to Genesis Global or Gemini Earn

November 16, 2022 by

The stablecoin operator said the reliability of its reserves is important to highlight “at a time like this.” Tether has historically had issues with transparency.

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Tom Brady and other celebrities named in class-action lawsuit against FTX

November 16, 2022 by

Evidence suggests “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors,” according to the lawsuit.

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Sam Bankman-Fried updates investors: ‘We got overconfident and careless,’ claims $13B leverage

November 16, 2022 by

“I was on the cover of every magazine, and FTX was the darling of Silicon Valley,” said the former CEO on the crypto firm’s path to bankruptcy.

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