Some, of course, are more or less literally in the game with Bankman-Fried. He was the second-largest Democratic donor in 2022, after George Soros, and routinely palled around with top Democrats, …
Jump Crypto denies rumors that it intends to wind down due to FTX losses
Jump crypto, a division of the Jump Trading Group … that FTX US was “100% liquid” and that “Every user could fully withdraw (modulo gas fees etc).” However, this was confirmed to be false once …
The Twilight of the Crypto Celebs
Celebrities such as Tom Brady, Gisele Bündchen, and Shohei Ohtani face a class-action lawsuit for their roles touting the now wiped-out FTX.
Coinbase’s Brian Armstrong and Messari’s Ryan Selkis on crypto rebuilding its reputation after SBF ‘made a lot of people look silly’ in D.C.
“And if we don’t get it regulated here in the U.S.—and other major markets, the U.K., etc.—this stuff is gonna go offshore, and customers are gonna be harmed.” Both Armstrong and Selkis agreed that …
Is Ethereum Classic Headed Toward $15? What Could Happen If This Pattern Plays Out
Ethereum Classic (CRYPTO: ETC) was sliding about 3% lower during Wednesday’s 24-hour trading session amid cascading fears stemming from the FTX fallout. The lending division of crypto investment bank …
Crypto Lender BlockFi Heading Towards Bankruptcy Amid FTX Collapse
The crypto lender is also planning to lay off its employees in … The company has offices in various locations which included New York, New Jersey, Singapore, etc. FTX is a cryptocurrency exchange …
What is Happening In Crypto, What Happened to FTX and What Does It Mean for Web3?
An upheaval of “crypto giants” have ultimately failed to protect consumers, breaking trust in the developing world of Web3. Why is this happening and what is next?
After FTX Implosion, It’s Time To End Bitcoin’s Dysfunctional Relationship With Crypto
Michael Saylor’s recent dysfunctional relationship comment perfectly summarizes the disconnect between bitcoin and crypto.
Global crypto meltdown: India dodges bullet thanks to cautious govt, RBI
As the world reels with cryptocurrency market crisis, India managed to safe itself from the global crypto meltdown because of government’s planning and RBI policy …
Why did FTX, the biggest crypto exchange in the world, file for bankruptcy?
John J. Ray III has replaced Bankman-Fried as CEO but this saga has had a ripple effect felt throughout the cryptocurrency industry.
Crypto King Sam Bankman-Fried’s net worth was $16 billion. It crashed down to ZERO in a day
If you had heard of FTX before November 2, you would have known the company as one of the biggest crypto exchange platforms in the world. Now, the company is worth nothing, allegedly run by a ‘gang of …
Learnings from crypto collapse on how to evaluate new-age businesses
A critical aspect that usually works in such situations is the presence of skin in the game – it offers no guarantee of success, but an absence of it is a huge red flag. If a conflict of interest can …
Launching DBFI token to bring Crypto Banking into reality
Trustlane, a crypto project that originated in Indonesia will launch DBFI token based on ERC20 in Ethereum blockchain. Detail and Prospectus (Whitepaper) has been …
Here’s what happened in the week-long FTX fiasco, and what it means for crypto
Fried’s FTX, the once-mighty cryptocurrency exchange that extended lifelines to distressed crypto-related firms, was unable to prevent Chapter 11 …
Crypto Meltdown: Cautious Approach By Centre, RBI Helps India Steer Away
Cryptocurrency markets worldwide have been battered with billions of dollars being wiped out, but India managed to stay relatively unscathed thanks to a cautious approach of the government and the RBI …
10 Best Crypto to Buy Now that will pump before 2024
Find the best 10 best cryptocurrency projects which are poised to explode and pump in 2023 providing MASSIVE gains for investors by 2024 …
Hackers keeping stolen crypto: What is the long-term solution?
Even as the ongoing Binance-FTX saga continues to dominate the crypto airwaves, there has been a growing trend — an uneasy one at that — that has been garnering the attention of many digital currency …
What the FTX debacle means for crypto’s attempt to become a legitimate asset class
While crypto is a religion for some, the reality is that institutional investors don’t care about the ethos. For them, it’s another asset class, not a religion.
Ethereum Classic price declines by 14% to test the 15-month downtrend
ETC lost its uptrend, but a downtrend is not yet set in stone as the altcoin faces critical support and the possibility of a bounce. Ethereum Classic’s movement does not warrant a sell-off, as broader …
FTX.com Revives Fears of Crypto Crash
FTX.com’s cry for help came just 48 hours after Zhao announced that Binance was going to sell FTT, the cryptocurrency linked to the FTX.com ecosystem. In other words, its value is an indicator of the …
Dem megadonor’s crypto exchange forced to sell as liquidity concerns grow
FTX on Tuesday morning announced it was selling itself to competing crypto exchange Binance after it struggled to meet customer withdrawals. In response, Officials at the Commodity Futures Trading …