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Crypto lender Ledn says it has no exposure to Genesis
Canadian crypto lender Ledn said it has no exposure to Genesis Global Capital and is fully operational after the latter paused withdrawals. Genesis Global Capital, which is suspending withdrawal...
A timeline of Genesis Trading halting crypto withdrawals
Genesis Global Capital, the cryptocurrency lending arm of Genesis Global Trading, has shut down withdrawals amidst the FTX and Alameda Research collapse. On a Wednesday morning call, Genesis Global Tr...
Don’t Scrap Current Crypto Policy Proposals Just Yet, Rep. Says
Lawmakers can only do so much when it comes to investor protections, Rep. Jake Auchincloss, D. Mass., said Wednesday — and FTX is the latest example. “Investors need to be doing much more due diligen...
Investors are Considering Crypto Such as Orbeon
SPONSORED POST* Although there are certainly plenty of great reasons to invest in established cryptocurrencies like Bitcoin and Ethereum, there’s also something to be said about investing in emerging ...
Will FTX Pay Back Their Users? Crypto Daily TV 16/11/2022
In Todays Headline TV CryptoDaily News: Investors await recovery fund details. Cryptocurrencies pushed higher as investors awaited more details about an industry recovery fund promised by Binance Hold...
Crypto Lender Genesis Halts Operations Due To FTX Impact
According to an official announcement, Crypto lending firm Genesis is halting new withdrawal requests from its customers. The firm is a victim of the collapse of the crypto exchange FTX and is one of ...
BlockFi releases a progress report amid FTX crisis – crypto.news
BlockFi, in a recent press release, publicly revealed the extent of damage they had suffered due to the FTX saga. The statement was a response to how all of FTX’s clients seem to suffer greatly due to...
Shiba Inu Ranks No. 1 In Top 5,000 ETH Whales’ Crypto Holdings
Shiba Inu (SHIB), the dog-themed crypto that once dreamed of flipping Dogecoin, is not in solid footing these days as it continues to fail in finding the right rhythm to bounce back and push its price...
Crypto transfers from Binance and Coinbase now possible on Trust wallet
Trust wallet, a leading self-custody and multi-chain wallet provider has announced its integration with Coinbase Pay and Binance Pay. The integration will allow Coinbase and Binance users to enjoy sea...
Crypto Exchange Liquid Suspends Withdrawals Amid FTX Fall
6 hours ago | 2 mins read Exchange News The Liquid team has asked users to hold off on making deposits until further notice. Earlier this year, FTX bought Liquid Group and its operational subsidiaries...
Genesis’ crypto-lending unit halts customer withdrawals
Genesis’ crypto-lending unit has announced that they are currently halting all customer withdrawals as a result of the FTX collapse. Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wak...
FTX Contagion: Genesis and Gemini Hit in Crypto Chaos
Key Takeaways Genesis has paused its crypto lending business, citing “extreme market dislocation” caused by FTX’s collapse. Crypto exchange Gemini has also halted withdrawals from its Earn progr...
LBank Labs Establishes Blockchain and Crypto Investment Fund in Africa
Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa. LBank Labs plans to establish a series of r...
Bitcoin, Ethereum, Other Crypto Down After Alleged Russian Missile Hit Poland
Bitcoin and Ether fell together with the majority of the top 10 cryptocurrencies by market capitalization on Wednesday morning, following reports that Russian missiles killed two people in Poland. Acc...
Crypto Lending Firm SALT Halts Withdrawal Post FTX Crisis
4 hours ago | 2 mins read Defi News SALT said it would honor on-chain deposits in a letter to consumers. The firm suspended withdrawals until further notice. Following the FTX led effect through the c...
Ripple granted Amicus Brief go-ahead amid ongoing battle with SEC – crypto.news
Ripple’s case against the SEC is gaining traction, as it has been permitted motions to file amici briefs. Coinbase is leading the charge, with plans to file a brief this week. In the ongoing legal bat...
Neo and Big Eyes Coin Are In Many Crypto Portfolios
SPONSORED POST* So much for traders to decide and pick from the sea of cryptocurrencies today. However, this piece has fished out the three cryptocurrencies such as Big Eyes Coin (BIG) voted as assets...
Big Eyes Coin (BIG), Dogecoin (DOGE), and Flasko (FLSK): The Market Leaders of 2022
Since Elon Musk bought Twitter, Dogecoin’s (DOGE) price has increased. The company has also undergone several changes, from its non-crypto board to its platform policies. The cryptocurrency community ...
FTX Issues Caused Crypto to Fall Again
In mid-November of this year, the crypto arena was given another massive blow to its ego, and the prices of many mainstream assets fell further. Crypto Prices Just Keep Drooping Overall, it’s believed...
Crypto ‘may have been the problem,’ but ‘bitcoin is still the solution’
Billionaire tech executive Michael Saylor says the downfall of FTX exposed problems with crypto exchanges and will likely drive more investors to bitcoin. The MicroStrategy executive chairman provided...
Genesis Halts Crypto Lending, Blames ‘FTX Implosion’
The lending division of cryptocurrency asset manager Genesis moved Wednesday morning in New York to put a halt to customer redemptions and new loan originations. The decision stemmed from the building...
Crypto Markets to See Forced Liquidation in 10 Days: Kevin O’Leary
Fears of a contagion, sparked by concerns about the liquidity of FTX and Alameda Research, caused the cryptocurrency market to plummet massively, and huge sums of money were liquidated. Kevin O’Leary...
Amid market chaos, Binance obtains license for Web3 and crypto custody in Abu Dhabi
Binance announced on Wednesday it has secured Financial Services Permission (FSP) to operate digital assets services in Abu Dhabi. The development comes irrespective of the current cryptocurrency mark...
Is SBF the Bernie Madoff of crypto?
The collapse of the world’s second largest crypto exchange FTX continues to be the all-dominant topic on the market. There are growing voices on social media that Sam Bankman-Fried is on par with lege...
‘Rich Dad’ R. Kiyosaki calls FTX founder Bankman-Fried the ‘Bernie Madoff of crypto’
In light of the recent incident surrounding FTX, lawmakers from both parties are making a symbolic decision to return campaign donations from the cryptocurrency exchange’s senior executives. Robert Ki...
Crypto Exchanges Committing To Proof Of Reserves, Will It Build Trust?
The recent debacle of the FTX crypto exchange, coupled with the fiasco that took place with Terra earlier this year, disrupts the level of confidence among the crypto community. The major takeaway fro...
Retail Investors At Receiving End of Crypto Adoption
Switzerland-based Bank of International Settlements (BIS) recently conducted a survey on how retail investors use crypto exchange apps and found that a wide majority i.e. one-third of retail investors...
Crypto stablecoin issuer Circle adds Apple Pay support
Circle, the issuer of the United States dollar-pegged stablecoin USD Coin (USDC), has added support for Apple Pay — with the intention of bringing the crypto and traditional payment systems closer tog...
Jump Crypto ties to FTX and Solana put Robinhood users at risk
Investors in the investing app Robinhood fear that contagion from FTX could affect their trades being processed by Jump Crypto. The link between Robinhood, Jump, and FTX is direct: Sam Bankman-Fried (...