AFP via Getty Images Key takeaways In recent months, dozens of companies have laid off a substantial number of employees to cut costs Since November 1, big names like Stripe, Twitter, Salesforce and M...
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Bitcoin, ether drop as FTX’s bankruptcy filing spooks crypto markets
Crypto prices sank on the news that FTX and more than 100 corporate entities affiliated with the firm are filing for bankruptcy. Bitcoin dropped 5.2% at $16,551, while ether crashed 6.5% to $1,...
FTX’s Regional Crypto Exchanges Slowly Reopen Withdrawals
These regional subsidiaries of FTX are wholly owned by FTX’s ‘mothership’ in Antigua, FTX Trading Ltd, and license FTX’s technology stack in exchange for royalty payments sent ...
Can Solana (SOL) reach $40 by the end of 2022?
After the FTX saga got yet another twist in the form of its CEO’s resignation and the cryptocurrency exchange’s bankruptcy filing, the crypto market is back to swimming in the red, leading experts and...
Shiba Inu Flips Solana in Market Cap, Here’s What’s Happening
According to CoinMarketCap data, Shiba Inu (SHIB) ranks as the 13th largest cryptocurrency by market capitalization. At a market valuation of $5.41 billion, Shiba Inu is now ahead of Tron’s TRX ...
BREAKING: FTX files for bankruptcy, SBF resigns as CEO
FTX, until recently thought to be one of cryptocurrency’s top platforms, has announced it entered voluntary Chapter 11 Proceedings. The announcement on Friday morning is the latest chapter of a really...
FTX CEO Bankman-Fried Resigns, Bankruptcy Proceedings Begin
By Jon Rice / November 11, 2022, 9:23 am EST In a notice posted to the FTX official Twitter account this morning, FTX announced that Sam Bankman-Fried would be stepping down from his position as CEO o...
Inflation data raises doubts about whether Fed will ‘stay the course’: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, November 11, 2022 Today’s newsletter...
Ripple General Counsel Says SEC Chairman Has Repeatedly Failed to Protect Crypto Investors
– Advertisement – Alderoty lambasts the SEC chairman again. Stuart Alderoty, the General Counsel at Ripple, has once again rebuked SEC Chair Gary Gensler over his recent comments in an int...
1xBit Integrates Bitcoin Lightning Network As A Payment Method
1xBit, the crypto casino famous for supporting an impressive range of cryptocurrencies, now allows gamblers to make payments over the Bitcoin Lightning Network. With this move, 1xBit improves users’ q...
CoinShares Reveals $30.3M Exposure To Struggling FTX
2 hours ago | 2 mins read Exchange News The firm made the withdrawal requests before FTX’s withdrawal freeze announcement. According to Mognetti, the company’s net asset worth was around $279.8 millio...
Azuki and AMBUSH® To Launch Hoodies and Pendants
The Azuki NFT collection is joining forces with a Japanese fashion brand. Chiru Labs, creators of the collection, recently launched Physical Backed Tokens. The collection is now considered a blue chip...
How to trade Solana in this Turbulent Crypto market with Bybit?
The flow of the Solana ecosystem is somewhat halted, as the meltdown of Sam Bankman-FTX Fried’s empire proceeds to cause chaos in the larger crypto ecosystem. Solana (SOL) has been strongly affected b...
White-label Opensea Clone serves as the best business solution
OpenSea is the world’s 1st and largest Web3 marketplace for minting and trading NFTs. The market value of the OpenSea NFT Marketplace has reached $13 billion. Before launching OpenSea, traders faced m...
Bahamas freezes FTX assets, Alameda Research winds down – crypto.news
More than six governmental regulatory bodies, including the U.S. SEC, CFTC, DOJ, California and other municipal governments in the US, the Bahamas, and the Japanese Financial Services Agency, have sta...
Pantera Capital swiftly implements precautionary measures following FTX, Alameda fallout
Director of Portfolio Development at Pantera Capital, Franklin Bi, has created a Twitter thread discussing portfolio preventative measures taken following the recent FTX and Alameda Research fallout. ...
BTC Firebrand Michael Saylor Says FTX Implosion Could Set Off a Rapidly Growing Crypto Industry – Here’s How
MicroStrategy founder and Bitcoin (BTC) bull Michael Saylor says the collapse of FTX could actually spark further growth in the crypto industry. In a new interview with CNBC, Saylor says the collapse ...
WhiteBIT Crypto Exchange Concluded a Partnership With Checkout.com
The biggest European cryptocurrency exchange quickly moves from one partnership to another. WhiteBIT has recently become an international exchange with offices in Spain, Ukraine, Georgia, Nigeria, and...
Country Artists Join ‘Musicians On Call’ To Honor Those In VA Hospitals This Veterans Day
Craig Morgan, accompanied by Mike Rogers, performs for Musicians On Call’s concert For Veterans … [+] Presented by Wrangler. (Morgan is singer/songwriter and proud Army veteran) Courtesy o...
FTX CEO Seeks Rescue Package Worth up to $9.4 Billion
As FTX tries to survive a difficult time, CEO Sam Bankman-Fried is seeking to raise a rescue package of up to $9.4 million to help the situation. This came after Binance pulled out from the deal to ac...
Twitter now faces bankruptcy – The Cryptonomist
The situation was already serious in terms of future outlook when Elon Musk last month finalized the purchase of Twitter for $44 billion through his own finances and those of a pool of investors, but ...
Trading firm Genesis to get $140 million equity infusion from parent company DCG
Digital Currency Group (DCG), the parent company of crypto trading firm Genesis, is stepping in to provide a $140 million equity infusion to Genesis after it said that its derivatives business had $1...
FTX used customer funds to fund risky bets, which led to its demise
Join Our Telegram channel to stay up to date on breaking news coverage According to a person with knowledge of the situation, cryptocurrency exchange FTX used customer assets worth billions of dollars...
Elon Musk Made Unusual Request in Falling Out With Top Tesla Lieutenant
Last year, Elon Musk parted ways with one of his top deputies at Tesla Inc., a French auto-industry executive named Jerome Guillen. Mr. Guillen worked at Tesla for roughly a decade, rising to oversee ...
ARK Investment Firm Purchase $12.1M Worth Of Coinbase Shares
Crypto Live News While the crypto market slides with an effect of FTX-Alameda drama, Cathie Wood’s Ark Investments has raised its Coinbase (COIN) holdings after the firm made a purchase of 237,675 COI...
Aave price analysis: Price progresses to $66.80 level as a result of a bullish win
Aave price analysis reveals the price has been trading high for the past two days as the bulls have been putting efforts to remain at the lead. An uptrend has been observed today as well, as the price...
ChainUp provides proof-of-reserves solution for crypto exchanges
Crypto exchanges will now be able to provide complete transparency as ChainUp offers its Merkle Tree Proof-of-Reserves solution. ChainUp announced on Friday that its Merkle Tree Proof-of Reserves solu...
Crypto Market Lost $200 Billion Due to FTX Collapse, No Recovery Signs
FTT is down nearly 93% from its August highs due to the FTX exchange crisis. Buyers try to hold off the sale, thus it is up 6% in the last 24 hours. The FTX price stops at its March 2020 lows, near th...
CoinShares Reports Over $30 Million Worth of Crypto Stuck on FTX
Europe’s largest digital asset investment and trading group – CoinShares – revealed that approximately 11% of its total net asset value is situated on the crypto exchange FTX. Another firm experiencin...
FTX signs agreement with TRON to swap assets
A relief for FTX after having tough days in recent times. The update is regarding the exchange platform signing an agreement with TRON to allow the holders of SUN, TRX, HT, JST, and BTT to swap their ...
FTX resumes withdrawals, SBF opens up, but will SEC allow the ‘Sun’ shine
Troubled cryptocurrency exchange FTX, resumed withdrawals despite Binance’s decision to back out from its initial offer to save the firm. Rumors of users being able to salvage some funds had spread ar...