The cost of hedging against another equity market blowup has risen to its highest level since October as investors brace for a surge in volatility as U.S. stocks head for their worst week in nearly tw...
Tag: blowup
NFT Sales Plummet to 16-Month Low After FTX Blowup
Nonfungible Token (NFT) sales are still in the gutter since their boom in popularity last year – and FTX’s bankruptcy has done nothing to help their prospects. Weeks after the exchange’s collapse, NF...
Crypto Investment-Product Assets Suffer After FTX Blowup
The crypto assets under management are at the lowest. Are the crypto investment product assets dead after the FTX blowup? Institutional clients mostly get exposure to cryptocurrencies through Exchange...
Singapore’s Financial Regulator Defends Itself After FTX Blowup
Wong also addressed the investment of Singapore’s state-owned investment fund Temasek into FTX, saying that it had caused not just financial loss but also reputational damage. Days after Sam Bankman-F...
After FTX Blowup, Crypto Wallet SafePal Achieves Record Signups
The collapse of crypto exchange FTX appears to have sparked surging sales for self-custodial crypto wallets which give users direct ownership of their coins. SafePal, a Binance-backed crypto wallet b...
US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up
United States senators Elizabeth Warren, Tina Smith, and Richard Durbin have renewed their calls for Fidelity Investments to reconsider offering a Bitcoin (BTC)-linked 401(k) retirement product. In a...
Mark Cuban Says FTX Implosion Isn’t Crypto Blowup — Explains Why He Invests in Crypto – Featured Bitcoin News
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, says recent blowups in the crypto space, including the FTX implosion, “have been banking blowups,” not crypto blowups. He al...
Billionaire Mark Cuban Says FTX ‘Blowup’ Has Little To Do With Crypto – Here’s What He Means
Billionaire entrepreneur Mark Cuban says the recent crypto market cataclysm triggered by the collapse of FTX has more to do with banking failures than crypto itself. The Shark Tank investor tells his ...
Balance-Sheet Blowup Reverberates in Crypto Markets
(Bloomberg) — Cryptocurrency prices slid again, particularly tokens associated with Sam Bankman-Fried’s collapsed FTX empire. There were growing signs that customers of the bankrupt digital-asse...
FTX’s demise part 2 with Wintermute’s Evgeny Gaevoy and CryptoQuant’s Ki Young Ju
Episode 110 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro, Wintermute Founder and CEO Evgeny Gaevoy, and CryptoQuant Co-founder and CEO Ki Jung Ju. Listen belo...
SBF Scrambles to Cover Tracks After FTX Blowup
Key Takeaways Sam Bankman-Fried has deleted multiple tweets since he agreed to sell FTX.com to Binance yesterday. Several posts maintaining that the FTX exchange was in good financial standing have be...
Three Arrows Capital Founders Say Terra, GBTC Trades Led to Fund Blowup: Report
3AC continued to borrow from lenders expecting a market rebound. This was until bitcoin (BTC) fell to nearly $20,000 in late June, causing the firm’s positions to go awry and making it unable to repay...
Atos: from roll-up to blow-up as IT group gropes for reboot switch
Atos enjoyed years of acquisition-fuelled growth. Flaws in the French IT group’s roll-up strategy began appearing after an ambitious bid failed in early 2021. Even so, investors are shocked by the new...
Market Rout Evokes Memories of Trading Before Lehman Blowup
(Bloomberg) — Quincy Krosby couldn’t wait for Monday’s trading session to be over. Most Read from Bloomberg “I was glued to the screen,” LPL Financial’s chief equity strategist said in an interv...
Terra (LUNA) Blow-Up Requires Immediate Action From Regulators To Protect Crypto Investors: CFTC Commissioner
The Commissioner of the Commodity Futures Trading Commission (CTFC) says immediate regulatory actions are needed to safeguard crypto traders after Terra (LUNA) and its stablecoin TerraUSD (UST) collap...
Arca says it’s solvent despite blowup rumors
UST is currently trading down more than 70% The price of the crypto is down nearly 99% Arca says that it believes Luna will regain its peg Arca — the computerized resource multifaceted investments dro...
Analyzing The Weekend’s Blow-up Of Solana And Ethereum: Is Rise In Ethereum’s Fees Justified
On Saturday, two leading smart contract blockchain, Solana and Ethereum, had a major blow up which led to the realization of the significance of how transaction fees are set on decentralized systems. ...
Allianz Fires Fund Managers After Multibillion-Dollar Blowup
(Bloomberg) — Most Read from Bloomberg Allianz SE dismissed two people responsible for managing a suite of hedge funds that allegedly lost investors billions of dollars and prompted probes by U....