FTX Reopens Claims Portal Amid Concerns About Asset Recovery Strategy

FTX reopens claims portal post-cybersecurity breach amid creditors race to register before the deadline. The post FTX Reopens Claims Portal Amid Concerns About Asset Recovery Strategy appeared first on BeInCrypto.

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Ethereum becomes most deflationary in history as activity spikes amid FTX collapse

Ethereum became the most deflationary in its history, as the annual supply dipped below zero for the first time since the Merge. The post Ethereum becomes most deflationary in history as activity spikes amid FTX collapse appeared first on CryptoSlate.

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Japan’s regulator suspends FTX

The FSA, in a recent statement, ordered FTX Japan to seize operations amid the crisis facing its Mother corporation. The watchdog claimed that the firm did not abide with the withdrawal regulations placed amid the crisis.

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Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco

Over the past few days, major crypto exchanges, including Binance, OKX, Kucoin and Crypto.com, committed to sharing their proof of reserve to regain investor confidence.

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Ontario teachers’ fund loses $95 million due to FTX bankruptcy

Ontario Teachers’ shared their woes amid the FTX’s recent troubles after they invested a significant amount of funds in FTX International and its US entity (FTX.US). The pension company claims its investment is almost zero following FTX’s insolvency. Reasons for…

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Uncertainty Looms Amid Binance’s Failed Acquisition Of The FTX Crypto Exchange

On November 2, 2022, the Fed raised its key interest rates by 75 basis points for the fourth time this year, bringing the target range for the federal funds rate to 3.75 to 4 percent. Immediately following the Fed rate announcement, the price of Bitcoin remained above US$20,000, as the markets had anticipated an interest […]

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FTX latest: EU license at stake as asset freeze fuels crisis

Amid SBF’s rush to fund up to $8 billion to preserve FTX, several securities regulators have blocked the assets of a portion of Sam Bankman-crypto Fried’s empire and moved to appoint a liquidator for one of his firms. FTX’s Sam…

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FTX ex-exec floats ‘cool token’ idea amid warning rebound may take years

Zane Tackett suggests alternatives to “boomer procedures” when it comes to FTX’s bankruptcy.

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‘Hang in there’ — Crypto Twitter encourages Solana community amid FTX onslaught

Sandeep Nailwal, the co-founder of Polygon, encouraged Solana community members to keep on building.

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Securities Commission of Bahamas freezes FTX's assets amid U.S investigations

The Securities Commission of Bahamas has frozen FTX Digital Markets’ assets, besides suspending its registration. FTX, a separate entity from FTX.US, is based in The Bahamas. The Commission has aThe post Securities Commission of Bahamas freezes FTX's assets amid U.S investigations appeared first on AMBCrypto.

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BlockFi halts withdrawals amid market meltdown

BlockFi, in a recent statement stated that it had paused withdrawals. The firm's actions was due to the uncertainty behind the FTX issue as the firm claims to have seen the deployments on Twitter.

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Market Wrap: Cryptos Recover Slightly From FTX Fatigue With a Dose of Encouraging Inflation Data

Bitcoin, ether and other major altcoins regained lost ground amid fallout from the crypto exchange’s unraveling after an unexpected decline in the consumer price index. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

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Tether FUD panic calls on USDT, investors see shorting opportunity

Due to Tether FUD, more people are shorting USDT, which has resulted in a sharp rise in the APY for USDT Borrow. The Compound USDT Borrow rate hits 38%, while the Aave USDT borrow rate reaches 12.71%. Amid FTX speculation,…

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Tron's TRX Jumps 140% Amid 1:1 FTX Redemption of Tron-Based Tokens

FTX announced that Tron-based assets could be moved to external wallets.

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Crypto.Com to Publish Its Audited Proof Of Reserves As Transparency Concerns Rock Exchanges

In what appears to be the new trajectory amid the downfall of giant crypto exchange FTX, Crypto. com has become the latest exchange to promise its customers that it will publish an audited Proof of Reserves (PoR).

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How American customers were saved from the FTX mess

After a period of silence that felt like an eternity – after all, a day in crypto is a year anywhere else – the most notorious man in the industry emerged Thursday afternoon, amid the ongoing FTX collapse (deep dive published yesterday here).

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Grayscale Bitcoin Trust Tumbles By 41% Amid The FTX Calamity

The recent crisis in the world’s third-largest crypto exchange, FTX, is creating more devastating conditions in the Bitcoin and crypto market. Over the past few days, the FTX token (FTT) has lost more than 70% of its value.

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Tron [TRX]: USDD de-peg, FTX collapse, and everything that might affect you

Tron's stablecoin USDD de-pegged following significant USDD conversions to USDT and USDC TRX has since recorded massive coin distribution leading to a further price decline amid the FTX debacleThe post Tron [TRX]: USDD de-peg, FTX collapse, and everything that might affect you appeared first on AMBCrypto.

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Claims and rumors fuel crypto market turmoil amid FTX collapse

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

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Analysts urge calm as Tether depegs from USD, Bitcoin loses $17K rebound

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

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First Mover Asia: Crypto Exchange BitMEX Publishes Proof of Reserves Ahead of Friday’s BMEX Listing; Bitcoin Rebounds After Dropping Below $16K

On Wednesday, Binance, Gate.io, KuCoin and Huobi were among the exchanges that said they would publish Merkle tree reserve certificates. Their announcements came amid the mounting crisis involving FTX.

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Market Wrap: Bitcoin, Other Cryptos Continue to Plummet

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.

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Solana Among Top Laggards Amid FTX Drama

Solana (SOL) is getting hammered due to downfall of FTX cryptocurrency empire, which is now shaping up to be another "Lehman moment" for cryptocurrency industry

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Coinbase, Tether, and Circle deny exposure to Alameda and FTX

Several crypto firms have come out to distance themselves with exposure to FTX crypto exchange and its sister firm Alameda amid the financial crisis facing the two firms. This comes after calls from the crypto community for transparency to let users know if there is any risk.

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Binance tops up SAFU fund at $1 billion amid price fluctuations

Binance CEO CZ took to Twitter to assure users that the crypto exchange's insurance funds have been topped off at $1 billion as the debacle with FTX rages on.

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FTX Token Price Analysis & Prediction (Nov 9th) – FTT Lost Over 80% Today Amid Heavy Liquidation As Price Dumps To $2.51, What Happened?

Following the latest Binance-FTX saga, the price of FTT decreased heavily by 83% today alone, as it now trades below $5. Over $80 billion was wiped out from the overall crypto market capitalization within just 5 hours of trading, putting the market in a severe bearish condition.

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Bitcoin has fallen below $17,000 amid the FTX exchange’s liquidity crisis. The FTT token collapsed by 90%

Investors’ concerns about the solvency of the FTX cryptocurrency exchange and the safety of its users’ funds led to a drop in the cryptocurrency market. According to the Cryptovizor cryptocurrency screener, which determines the market price of BTC/USD based on the results of trading on the largest exchanges, the asset fell to $16,893.

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Binance CEO shares ‘two big lessons’ after FTX’s liquidity crunch

CZ took to Twitter on Nov. 8 sharing “two big lessons” that crypto companies should learn amid the downfall of crypto exchange FTX.

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Bitcoin Comes Dangerously Close to Crashing Below $17,000

The Bitcoin price has collapsed to a new yearly low amid the FTX drama

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FTT dumps 30% in an hour amid violent reaction to FTX news

FTX (FTT/USD) token price has dropped more than 30% in one hour and nearly 60% in the past 24 hours, falling from around $22 on Monday to under $10 on Tuesday afternoon. At the time of writing, FTT/USD was trading around $8.

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Terra Luna founder Do Kwon surfaces on UpOnlyTV live on Twitch

Terra Luna founder Do Kwon has joined the UpOnlyTV show on Twitch amid carnage in the crypto markets as FTT tanks to $9, and Binance announces a potential acquisition of FTX. The post Terra Luna founder Do Kwon surfaces on UpOnlyTV live on Twitch appeared first on CryptoSlate.

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Binance to Acquire FTX.com

The world’s largest crypto exchange has struck a deal to acquire the world’s second-largest exchange. Buyout After days of butting heads on Twitter amid rumors of financial troubles at FTX...

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FTT slumps 25% amid massive withdrawals from FTX

Despite attempts by FTX CEO Sam Bankman-Fried to calm the market, the price of FTT slumped 25% on Tuesday.

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1 Trillion SHIB Moved from FTX, Here's What Happened

Mind-blowing amount of SHIB has been moved from FTX amid its "war" against Binance

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Bitcoin, Ether Slide as Protective Puts Draw Demand Amid Sell-Off in FTX's Token

Options market tied to bitcoin and ether shows renewed bias for puts, perhaps a sign of investor fears that the FTX-Alameda drama may bring another market-wide crash.

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FTX token slides further after damaging reports. Are we set for a new low?

FTX token (FTT/USD) slid 1. 23% on Monday, marking a 12% decline in the past week. The decline comes amid a dampened sentiment around the token on the latest cryptocurrency news. As CoinJournal reported, FTX was a victim of accelerated fund withdrawals.

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Bankman-Fried says ‘FTX is fine’ even as FTT price falls

FTX token (FTT/USD) price is falling again, down nearly 4% at the time of writing on Monday morning, as selling pressure remained amid “rumours” about the crypto exchange FTX. Reported delays in customer withdrawals did not help the jitters, as has done Binance’s announcement that it would liquidate all of its FTT.

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FTT price falls amid liquidation claims

FTT price has dropped by more than 12% in the past seven days following some issues with a leaked Balance Sheet of FTX’s sister firm Alameda Research. In particular, the leaked balance sheet showed an imbalance in Alameda’s financials and triggered fear among investors who have been withdrawing funds including stablecoins from FTX at an […] The post FTT price falls amid liquidation claims appeared first on CoinJournal.

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FTX stablecoin withdrawals surge amid liquidation claims

FTX crypto exchange has recorded a surge in stablecoin withdrawals amid crowing unsubstantiated fears surrounding the exchange’s financial status. According to Nansen data, more than $451 million in stablecoins have been withdrawn from FTX in the last seven days.

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FTX addresses user withdrawal complaints amid major token movement

The exchange assured users in a series of Tweets that withdrawals should be moving along and matching engines are running as they should, though some users didn’t buy it.

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Binance Is Selling All FTX (FTT) Tokens. Here’s Why

Binance CEO Changpeng Zhao has confirmed rumors about the company’s decision to liquidate its FTT holdings amid speculation about Alameda’s financial health

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Crypto Trading Platform Talos Taps Amber Group for Liquidity Amid Increased Buying Demand

Amber Group will join Talos’s extensive partner network of over 40 liquidity venues, such as exchanges Binance, Coinbase and FTX.

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FTX To Raise $1 Billion, Bit Green and Several Other Projects Announce Successful Rounds

FTX announced plans to raise $1 billion. Bit Green, ImmuneFi, Hyperlane, and Binocs completed successful funding rounds amid crypto the winter.

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CryptoSlate Wrapped Daily: Lebanon turns to crypto amid bank closures; FTX seeks to raise $1B; Zilliqa launches web3 gaming console

The biggest news in the cryptosphere for September 22 includes Binance’s newly-set Global Advisory Board that’ll foster responsible regulation of the crypto sector, the agreement Russia’s financial watchdog and largest bank reached to use crypto for international payments, and the indefinite close-up of the banks in Lebanon which pushed the Lebanese to turn to crypto.

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GameStop doubles down on crypto amid a new partnership with FTX US

After launching an NFT marketplace and wallet with the help of Immutable X, GameStop is continuing its push into crypto following a partnership with FTX.

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Crypto Exchange FTX's CEO Visited White House Amid Regulatory Fight

Sam Bankman-Fried and FTX’s regulatory team met with White House policy advisor Charlotte Butash and counselor Steve Ricchetti in May.

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FTX Posted $1 Billion in Revenue Last Year Amid Crypto Rally: Report

Revenues soared 1,000% from just $89 million in 2020, according to internal documents seen by CNBC.

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FTX revenue soared 1,000% amid last year’s crypto craze: report

FTX saw its 2021 revenue grow from $89 million to hit over $1 billion…

The post FTX revenue soared 1,000% amid last year’s crypto craze: report appeared first on CoinJournal.

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FTX in talks to raise funds amid spending spree to prevent contagion

Sam Bankman-Fried-led FTX and its US division FTX US are in talks to raise new funds, Bloomberg News reported July 20. The post FTX in talks to raise funds amid spending spree to prevent contagion appeared first on CryptoSlate.

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