Join Our Telegram channel to stay up to date on breaking news coverage As a result of the failure of cryptocurrency exchange FTX, another cryptocurrency company has collapsed: BlockFi has announced th...
Tag: Collapse
BTC Price Consolidates in a Range as It May Rebound or Collapse
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Trades between $15.5K and 17K as It May Rebound or Collapse – November 28, 2022 Bitcoin’s (BTC) price has remained stable...
ECB president reiterates calls for ‘MiCA II’ in response to FTX collapse
Christine Lagarde, president of the European Central Bank, or ECB, has once again called regulation and supervision of crypto an “absolute necessity” for the EU in the wake of the collapse of crypto e...
FTX collapse impacts Miami’s nightclub scene: Report
The fallout from the collapse of FTX spans beyond the Web3 and crypto ecosystem. Reports gathered by the Financial Times suggest that nightclubs in Miami have been negatively affected by the collapse ...
JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse – Regulation Bitcoin News
JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initia...
How the BlockFi bankruptcy, FTX collapse may affect your crypto taxes
It is thought the new U.K. government’s mini-budget may have made buying a house even more difficult. Photo by LanaStock via Getty Images Crypto firm BlockFi on Monday filed for Chapter 11 bankr...
Crypto Lending Firm BlockFi Files for Chapter 11 Bankruptcy, Citing FTX Collapse
Crypto lending platform BlockFi is officially filing for bankruptcy after weeks of rumors surrounding the firm’s connections to FTX. Today, BlockFi announced its voluntary Chapter 11 filing, naming th...
Alameda withdraws its crypto after the collapse of FTX
In the first half of November, when the implosion of the FTX crypto exchange occurred, Alameda Research withdrew almost all of its funds from the FTX.US portal. This was revealed a few days ago by the...
“I’m Still Bullish on Bitcoin”, says Robert Kiyosaki—Crypto Cannot Be Held Responsible for FTX Collapse
Join Our Telegram channel to stay up to date on breaking news coverage Robert Kiyosaki, the well-known author of the best-selling book Rich Dad Poor Dad, continues to be bullish on bitcoin despite the...
Alameda Research Withdrew $204,000,000 in Crypto From FTX.US Days Before Collapse: Analytics Firm Arkham
Analytics firm Arkham Intelligence is unveiling the financial tracks of FTX’s sister company Alameda Research days before the now-defunct crypto exchange filed for chapter 11 bankruptcy. Arkham says t...
BlockFi files for bankruptcy, cites FTX collapse for its troubles
BlockFi announced on Nov. 28 that it had filed for Chapter 11 bankruptcy. The filing in the United States Bankruptcy Court for the District of New Jersey pertains to the company and its eight subsidia...
FTX Collapse: Bankman-Fried Will Receive Zero Dollars
On the morning of November 8, Sam Bankman-Fried, founder and CEO of FTX and Alameda Research, a hedge fund that also trades in cryptocurrencies, was a billionaire. He was one of the richest men in the...
Lagarde calls for broader crypto regulation following FTX collapse
European Central Bank President Christine Lagarde called for more crypto regulations following the collapse of crypto exchange FTX, and cast doubt on the broader digital asset market. The “stab...
Bahamas’ Attorney General Defends The Country’s Action After FTX’s Collapse ⋆ ZyCrypto
Advertisement     Bahamas’ attorney General reassures investors that the country remains a safe place to invest despite the ill-fated FTX collapse. The government has ...
This Web3 Gaiming Giant Launches $100 Mln Amid FTX Collapse
Game7, a Web3 gaming DAO, has started a grant program with a $100 million budget amid the FTX collapse. The main objective of this grant is to help programmers in creating the tools to make Web3 gamin...
Singapore’s parliament raises governance concerns following FTX collapse
The FTX contagion made its way into Singapore and its parliamentarians cannot come to terms with the fact that their government failed to protect its citizens. The lawmakers are now calling for transp...
Can Microstrategy lifted Bitcoin Bet collapse the market? Know what the research says
As the Bitcoin market experienced turbulence surrounding the probable collapse of Genesis Trading and Digital Currency Group, chat kept coming up that Michael Syalor’s and Microstrategy’s bitcoin bet ...
Analyst Who Called May 2021 Crypto Collapse Says Bitcoin (BTC) on the Verge of Recovering
A popular analyst known for calling the Bitcoin (BTC) and crypto market crash of last year says that the flagship crypto could be on the verge of ending its downtrend. The pseudonymous analyst known a...
BitBoy alleges O’Leary was key player in Celsius collapse along with FTX
Youtuber Bitboy Crypto, aka Ben Armstrong, alleged the FTX exchange and Canadian entrepreneur Kevin O’Leary were pivotal figures in taking down Celsius. The crypto lending and borrowing platform halte...
Singapore Government Faces Intense Scrutiny Over FTX Collapse: Report
Singaporean Prime Minister Lee Hsien Loong and Deputy Prime Minster Lawrence Wong are facing intense scrutiny from the parliament over FTX investor losses and the due diligence undertaken by state-own...
Massive Spike in Bitcoin Accumulation From Retail Investors After FTX Collapse
The cryptocurrency industry saw one of the most spectacular crashes of one of its giants earlier this month, which cast doubt over the entire market and investors’ perspectives on it. However, on-chai...
FTX collapse put the Singapore government in a parliamentary hot seat
The collapse of now-bankrupt cryptocurrency exchange FTX has put the Singapore prime minister and the ruling government in a hot seat. Prime minister Lee Hsien Loong and deputy prime minister Lawrence...
Singaporean Crypto Exchange Next to Close Doors After FTX Collapse
BITFRONT, a cryptocurrency exchange, announced its closure on Monday. The Singapore-based crypto exchange notified users via a website notice, highlighting challenges in the nascent crypto industry. T...
FTX collapse drives curiosity around Sam Bankman-Fried, Google data shows
The fall of FTX seemingly had the biggest impact on the crypto ecosystem as Google searches for the CEO Sam Bankman-Fried (SBF) hit the roof over in November 2022. Some of the biggest drivers for this...
Big Eyes Coin Expected to Zip Past Cardano And UNISWAP As Crypto Collapse Intensifies
The cryptocurrency market has been receiving the backlashes of FTX’s declaration of bankruptcy for the past week. Since then, token investors have withdrawn their assets to fiat platforms due to the g...
FTX Collapse Has Forced Crypto Customers To Avoid Miami Nightclubs
Miami’s nightlife used to be lit – until crypto exchange FTX and the shockwave caused by its sudden collapse sucked the life out of it. During the early stages of the COVID-19 pandemic, Miami became a...
Bitcoin Holders With Less Than 1 Bitcoin Add 96K BTC Since FTX Collapse
– Advertisement – Glassnode Data Shows That FTX Collapse Left Bitcoin Holders Unfazed. Bitcoin holders did not panic in the wake of the FTX collapse as smaller holders accumulated. Bitcoin...
Small Bitcoin Holders Buy BTC in Droves in Spite of FTX Collapse
Alex Dovbnya Bitcoin shrimps have recorded an aggressive balance increase following the implosion of the FTX exchange, according to Glasssnode data According to data shared by Glassnode, Bitcoin “shri...
FTX Collapse: Bankman-Fried May End Up in Jail, Says Mark Cuban
Since the fall of his crypto empire on November 11, almost everything has been said about Sam Bankman-Fried. His crypto bros called him “criminal.” They accused him of lying to the clients...
FTX Collapse: Billionaire Mark Cuban Gives Crypto a Dream Boost
The abrupt and rapid collapse of the FTX cryptocurrency exchange has caused a shock in the crypto space. The fall, in a few days, of a company valued at $32 billion in February, ended up casting suspi...
A Dozen Digital Assets Record Double-Digit Gains as Crypto Markets Begin to Heal After FTX’s Collapse – Markets and Prices Bitcoin News
At the time of writing the global cryptocurrency market capitalization is hovering around $842 billion on Sunday, Nov. 27, 2022. Bitcoin prices consolidated since the start of the week, as seven-day s...
The Galaxy Digital CEO Said That He Was Angry On Recent FTX Collapse
After the announcement of Binance, the US-based Galaxy Digital company decided to withdraw $47.5 million (USD) from the bankrupt crypto exchange FTX. On Wednesday, the company executives released an e...