FTX confirms holding $900 million in liquid assets

According to the latest reports, Sam Bankman’s bankrupt exchange (FTX) is presumed to have held serum assets worth $2 billion. Moreover, his organization accumulated $900 million in liquid assets. дальше »

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Hong Kong finance secretary to uphold crypto transparency to avoid FTX-like situations

Today, the finance secretary of Hong Kong, Paul Chan, has highlighted an essential play in maintaining supervision and transparency on the impediments imposed in the cryptocurrency ecosystem. According to Secretary Chan, there should be cautious and steady actions when dealing… дальше »

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Crypto exchange BitCoke experienced difficulty in withdrawing funds

BitCoke seems to have had issues with withdrawals which led to the suspension of some activities in the firm for a period of time yesterday. According to an announcement today on BitCoke’s official Twitter account, the company suspended withdrawals from… дальше »

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Kraken reportedly knows the FTX “hacker”

The Kraken security team now knows who the person that hacked FTX is, according to a tweet from Nick Percoco, while responding to Mario Nawfal earlier today. дальше »

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What Is KardiaChain and What Are the Most Popular Projects Built on It?

According to its description, KardiaChain is the first decentralized, open-source, and self-improving blockchain infrastructure. The team wants to push the limits of current technology by addressing one of the biggest problems with blockchain technology: the dispersion of blockchain ecosystems. дальше »

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Solana Validators Unstake Over 31 Million SOL Tokens Amid Price Rout

According to Solana Compass data from the Solana blockchain explorer, the network has just seen over 31. 2 million SOL tokens (worth around $438 million at current prices) deactivated by validators who provide security to the blockchain at the end of epoch 370. дальше »

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FTX reportedly hacked as officials flag abnormal wallet activity

Wallets tied to FTX and FTX US have seen $659 million in cumulative outflows over the past 24 hours, according to Nansen.

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Miami-Dade County and Miami Heat cut ties with FTX

Miami-Dade and Miami Heat in a recent press release terminated their contract with the troubled FTX exchange. According to the report, the troubles linked with the firm led to this withdrawal action. дальше »

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Crypto Fund Galois Capital Has Half of Its Capital Trapped on FTX

According to co-founder Kevin Zhou, the locked funds total around $40 million. дальше »

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Genesis receives additional equity infusion of $140M following recent market events

According to the company, this will bolster its position as a global leader in crypto capital markets.

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FTX US suspends withdrawals, according to on-chain data

The development comes less than 24 hours after the platform issued an advisory urging its users to close down trading positions

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FTX crash pushes Bitcoin to self-custody; Ethereum switched for stablecoins

After the FTX collapse, investors are moving large amounts of Bitcoin (BTC) to their self-custody wallets and exiting Ethereum (ETH)  to invest in stablecoins, according to data analyzed by CryptoSlate. дальше »

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Bitcoin’s Energy Usage Spikes To 41% In 12 Months Amid Increasing Regulatory Interest In PoW Mining

The energy consumption of Bitcoin (BTC) mining rigs soars in the third quarter of 2022, according to a report by the Bitcoin Mining Council (BMC). The report shows a 41% rise year-on-year increase in the energy consumption of the largest cryptocurrency, although new efforts and technology have been deployed to mine BTC this past 12 […] дальше »

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Crypto Market Attempts Recovery; Ethereum Whales Lead In Accumulation

The cryptocurrency market has been attempting a price recovery after crashing hard in the last few days. According to data from crypto market intelligence platform Santiment, Ethereum sharks and whales have been the leading contributors to the price surge with their accumulation. дальше »

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FTX crisis likely to spark a domino effect, macro analyst explains

The collapse of Sam Bankman-Fried’s crypto empire is likely to have repercussions beyond the crypto markets, according to Mike McGlone, senior commodity strategist at Bloomberg. дальше »

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Tron’s founder Justin Sun willing to provide FTX with billions in funding

According to Justin Sun, the founder of Tron, his company is ready to give billions of dollars in assistance to FTX.com should a deal to save the struggling cryptocurrency exchange go through. дальше »

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SERC Regulated MoonXBT Willing to Aid FTX with Emergency Liquidity

FTX is now trying to raise capital to save the troubled exchange after it experienced a liquidity crunch and had seen more than $5 billion in withdrawals for the past few days. According to Sam Bankman-Fried, every penny of the raised capital will go directly to the users. дальше »

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Band Protocol price forecast as it bounces back

Band Protocol price has emerged as a shining light in a difficult time for cryptocurrencies. The BAND coin jumped to a high of $2. 84, which was about 115% above the lowest level this week. It has risen by over 30% in the past 24 hours, according to data compiled by Binance. дальше »

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Bahamas de-registers FTX, “preserving” assets

The Bahamas Securities commission released a statement regarding the FTX saga, stating that it had freezed FTX'x assets. According to the watchdog, the firms actions was against regulations put in place by gorverning bodies. дальше »

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Celsius requests court to prolong its exclusivity period before submitting reorganization plan

Celsius filed a request in court for an extension on the deadline for reorganization. The firm claims it needs more time to complete the plan because reorganization is ‘complex’. According to a Celsius Twitter post on November 10, 2022, the… дальше »

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FTX opened withdrawals for some users today, Nansen data shows

According to recent reports, the FTX crypto exchange seemingly reopened withdrawals to some users on 10th November. Many users still complain that their withdrawals are not going through. Due to this, some FTX investors have complained that FTX has been… дальше »

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FTX approaches Kraken as a potential rescue partner

According to recent reports, FTX has spoken to American crypto exchange Kraken about a possible rescue arrangement. However, FTX and Kraken declined to comment, citing the ambiguity of the talks’ specifics and their potential for success or failure. The details… дальше »

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White House says ‘prudent regulation of cryptocurrencies‘ is needed, hinting at situation with FTX

According to Press Secretary Karine Jean-Pierre, the administration and financial agencies will “closely monitor” developments in the crypto market. дальше »

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FTX US announces it may halt trading on its platform in a few days

According to the FTX US website, “Withdrawals are and will remain open.”

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82% of Tether reserves held in ‘extremely liquid’ assets, according to attestation

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. дальше »

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Can USDT retain its Stablecoin crown? These recent developments suggest….

USDT witnesses massive short positions against itself Number of Active addresses and number of transfers grew USDT, the number one stablecoin in terms of market cap according to CoinMarketCaThe post Can USDT retain its Stablecoin crown? These recent developments suggest…. appeared first on AMBCrypto. дальше »

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Bitcoin’s new lower price target set by analysts. Here is what could drive it

What next after Bitcoin (BTC/USD) broke below its long-term psychological level at $19,000? According to a crypto analyst who predicted the 2021 crash, Bitcoin is headed to $13,000. The pseudonymous analyst tells his 618,400 Twitter followers to expect one “last nuke” that could see altcoins also tank by 30-40%. дальше »

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Crypto Exchange FTX Reopens Bahamian Withdrawals: Nansen

Troubled crypto exchange FTX has reopened withdrawals, according to on-chain data provided by Nansen. дальше »

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Tether Freezes Over $46M of FTX’s USDT

Centralized stablecoin issuer Tether has frozen funds belonging to FTX. Funds Locked According to data from Whale Alert, at least 46,360,701 USDT of FTX’s funds was frozen today at 14:11... дальше »

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FTX: This Is What Led to the Downfall of the Fifth-Largest Crypto Exchange

Sam Bankman-Fried made a series of critical mistakes which led to the demise of the FTX exchange, according to a report by Reuters. The post FTX: This Is What Led to the Downfall of the Fifth-Largest Crypto Exchange appeared first on BeInCrypto. дальше »

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Sam Bankman-Fried apologizes for FTX liquidity crisis: ‘I fucked up twice’

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. дальше »

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Solana postpones token unlock amid double-dip fears, developers unaffected

Solana (SOL) postponed its staking unlock period for two days while Solana developers were still able to unlock and liquidate their SOL tokens, according to crypto influencer @DrProfitCrypto. The post Solana postpones token unlock amid double-dip fears, developers unaffected appeared first on CryptoSlate. дальше »

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Ledger hardware wallets hit by the FTX earthquake — CTO

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

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Justin Sun drops hints about potential FTX partnership

Justin Sun, in a tweet today, hinted on the possibility of a collaboration with SBF's FTX. According to sun their team was working tirelessly to resolve the ongoing issue. дальше »

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Celsius Update: The lender, creditors spat over wallet and asset custody

According to recent reports, Celsius network recently applied to a New York bankruptcy judge to keep custody of their customers’ accounts. Celsius network claims to have full custody over all wallets and the funds therein. However, the account holders maintain… дальше »

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A large number of FTX’s legal and compliance staff have quit

FTX appears to be drawing more and nearer due to trouble and strain. U.S. officials recently started looking into the exchange’s handling of consumer cash. According to information from multiple sources, regulators are also investigating FTX’s linkages to other components… дальше »

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Binance Likely to Ditch FTX Deal: WSJ Report

Binance has reportedly discovered a huge hole in FTX’s finances, according to a recent report by the Wall Street Journal дальше »

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New Metrics Reveals Why Crypto Market Prices Swing Bullish or Bearish

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Kim Kardashian Looks Set to Win Investor Lawsuit Over EthereumMax: Report

Kim Kardashian looks set to win an investor lawsuit against her and other celebrities over the cryptocurrency EthereumMax (EMAX), after a judge tentatively dismissed the case Monday, according to a Bloomberg report. дальше »

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Alameda Research FTT token transfer from September fuels wild speculations

According to on-chain data, FTT token supply increased by 124.3% on Sept. 28, when 173 million FTT tokens were created by a 2019 ICO contract, and Alameda was the recipient. дальше »

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Midweek Update: FTX Shockwaves Continue

Industry insiders say the full impact of an FTX failure is becoming more clear, as Binance pulls out of a deal to rescue the failed exchange. US election results a "good day for democracy" according to President Biden, and may be for cryptocurrency too as new regulation looms in the US. дальше »

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VET: All there is to know about VeChain's latest market stride

The VeChain network recently made a major announcement regarding what might possibly be its biggest change in 2022. According to the announcement, the network’s community recently voted on VIP-220, The post VET: All there is to know about VeChain's latest market stride appeared first on AMBCrypto. дальше »

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Gate.io Proof-of-Reserves Audit Shows User Asset Reserves Exceed 100%

Majuro, Marshall Islands, 9th November, 2022, Chainwire The global cryptocurrency exchange Gate. io has proven that it holds 108% of total user BTC assets in its reserves, according to the independent third-party firm Armanino LLP, which released the findings in a report following the completion of a proof-of-reserves assessment. дальше »

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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. дальше »

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Here’s When Bitcoin May Hit $15,000, According to Arthur Hayes

The former BitMEX boss sees the price of the largest cryptocurrency dropping to the $15,000 level next year дальше »

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Breaking: FTX Allegedly Stops Processing Withdrawals

One of the largest cryptocurrency might have stopped processing withdrawals, according to on-chain data дальше »

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Will ApeCoin's [APE] delay in staking further push the price down?

A few days ago, ApeCoin [APE] revealed some recent developments with its ApeCoin Improvement Proposals (AIPs). According to the new announcement, APE passed the proposal for launching the ApeCoin Bug The post Will ApeCoin's [APE] delay in staking further push the price down? appeared first on AMBCrypto. дальше »

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Sam Bankman-Fried and Changpeng Zhao feud is not good for crypto

According to OKX founder Star Xu, the ongoing feud between FTX's Sam Bankman-Fried and Changpeng Zhao will not benefit the cryptocurrency market. дальше »

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Report: FATF's 'Grey List' includes countries ignoring crypto-AML rules

The Financial Action Task Force (FATF) has a 'Grey List' for nations that don't follow its "Anti-money laundering (AML) regulations for cryptocurrencies." According to a report by Al Jazeera, the The post Report: FATF's 'Grey List' includes countries ignoring crypto-AML rules appeared first on AMBCrypto. дальше »

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Holding ETH at a loss? You may want to read this before making your next trade  

Since the end of October, all categories of Ethereum [ETH] holders embarked on a buy-the-dip spree, data from Santiment revealed. According to the on-chain analytics platform, the leading altcoin witnThe post Holding ETH at a loss? You may want to read this before making your next trade   appeared first on AMBCrypto. дальше »

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