Vladislav Sopov Nansen analysts shared list of exchanges that witnessed positive net inflow of crypto since FTX/Alameda drama Contents Two exchanges surpassed FTX in net outflow in past week Users mig...
Tag: Exchanges
Bitcoin scarcity rises as bad exchanges take 1.2M BTC out of circulation
One of the biggest factors differentiating Bitcoin (BTC) from fiat currency and most cryptocurrencies is the hard limit of 21 million on its total circulating supply. However, the demise of numerous c...
Halted Stocks – Why The SEC And Stock Exchanges Pause Trading?
| Getty Images Key Takeaways Trading halts and suspensions can block trades in a security for minutes to a week or more. These halts are used to protect investors and ensure that all traders are opera...
FTX Founder Banked $300M From Exchange’s $420M Funding
FTX founder and former CEO Sam Bankman-Fried reportedly got $300 million out of the $420 million raised from a funding round for the bankrupt exchange in October 2021, Wall Street Journal reported on ...
‘Nerdy’ and ‘highly intelligent,’ Alameda’s Caroline Ellison casts complex shadow
From precocious bookworm and mathlete to moving billions of dollars of customer money to allegedly cover her firm’s liabilities, the rise of Alameda Research CEO Caroline Ellison was almost as spectac...
Crypto Exchange FTX Fires 3 Top Executives, Report Reveals – Exchanges Bitcoin News
Three high-ranking executives of failed cryptocurrency exchange FTX have reportedly been dismissed. Among them is one of the co-founders of what was one of the industry’s largest trading platforms, wh...
Kevin O’Leary Wont Stop Keeping Cryptos on Exchanges
Famous Shark Tank investor Kevin O’Leary said he would keep his crypto assets on regulated crypto exchanges despite the recent failure of FTX. According to O’Leary, cold storage was not an option for ...
Crypto Exchanges Record Massive Outflow Of Bitcoin, What Does This Indicate?
The growth of Bitcoin and crypto exchanges over the years reflects the industry’s evolution. Exchanges have been the most critical businesses supporting the blockchain and crypto protocols. In additio...
Bitstamp Follows Other Exchanges in Canceling Orders for FTX and Celsius Tokens
Bitstamp is set to disable new orders and cancel existing orders for all FTT and CEL trading pairs, it announced on Friday. FTT is the proprietary exchange token of FTX, which offered customers small ...
Albanian Court Approves Extradition of Crypto Exchange Thodex Founder to Turkey – Exchanges Bitcoin News
A court in Albania has ordered the extradition of the fugitive founder of cryptocurrency exchange Thodex to Turkey, where he is sought for fraud and other crimes. Faruk Ozer was arrested in Albania th...
Crypto Is Flowing Out of Exchanges: ‘Severe’ Outflows From Gemini, OKX and Crypto.com, Says JP Morgan
Investors are pulling funds out of major crypto exchanges as a result of the collapse of FTX, JPMorgan analysts have said. In a note to investors Wednesday, analysts at the investment bank noted that...
Binance CEO Suggests t Principles For Centralized Exchanges To Prevent FTX Fiasco
Irrespective of the analytical lens you choose, you might feel that the recent FTX debacle’s impact is heavier than other unfortunate past incidents, especially because it happened when the market was...
The Block: Binance had ‘at minimum ill-intent’ in revoked FTX proposal: Sen. Ted Cruz
Sen. Ted Cruz said that Binance showed “at minimum ill intent” regarding the offer it made and quickly took back to buy FTX last week. Noting the speed of Binance’s public offe...
Miami’s crypto crowd sees silver lining around dark FTX clouds
Armies of developers, VC funders and CEOs descended upon Miami for two separate crypto conferences on Thursday as the shockwaves from FTX’s spectacular collapse continued to reverberate across the ind...
Crypto Analytics Platform Nansen Finds FTX May Have Colluded With Alameda Since the Exchange’s Inception
Crypto analytics firm Nansen is turning to on-chain data to take a deeper look at the relationship between embattled crypto exchange FTX and its affiliated trading firm Alameda Research. In a new repo...
Exchanges rushed to show proof of reserves. It’s not enough.
Centralized exchanges still standing after the fall of FTX rushed to show proof of reserves. It’s a nice show, but it’s not enough, experts say. Proof of reserves — or showing exactl...
Genesis Block HK has more than $50 million stuck on FTX: Source
Genesis Block HK, a crypto over-the-counter (OTC) trading firm based in Hong Kong, has funds stuck in the now-bankrupt crypto exchange FTX, two people with knowledge of the matter told The Block. ...
Brazil Based FTX Customers Organizing to File Class-Action Lawsuit – Exchanges Bitcoin News
A group of customers of the recently collapsed crypto exchange FTX, is organizing to take legal action against the company. The suit would be led by Ray Nasser, CEO of Arthur Mining, and will be broug...
Looking into Proof-of-Reserves of Major Exchanges
November 18, 2022, 8:54AM EST • 6 min read Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. After the fall of FTX, the crypto community has publ...
Traders Are Confident in the Bitcoin Price Rally, Despite Heavy BTC Outflows From Exchanges!
Bitcoin price continues to struggle below $17,000, despite a slight increase in buying pressure in the past couple of days. The continued trend between the interim resistance & support levels is t...
SOL Price Freefalls as Exchanges Suspend USDT, USDC (SOL)
There is a sharp drop in Solana (SOL) price as exchanges suspend deposits of stablecoins on the Solana network. Update Nov 17. (17:30UTC): Binance has since announced that deposits of USDT (SOL) token...
Bahamas seized FTX Digital Markets’ assets on Nov. 12, regulator now says
The Securities Commission of the Bahamas on Nov. 12 transferred FTX Digital Markets’ assets to a digital wallet it controls, the regulator said on Twitter Nov. 17, further complicating a legal s...
The Block: Silvergate CEO sees silver lining for bitcoin: ‘There are always buyers’
Silvergate CEO Alan Lane said that bitcoin stands out from other digital currencies even amid the ongoing turmoil in crypto markets. He pointed, as evidence, to the breakdown of volumes of the S...
JPMorgan Chase, Wells Fargo among potentially exposed FTX parties
FTX has named Kroll Restructuring Administration as its agent as it navigates the federal bankruptcy process and cited dozens of companies and people affected by its collapse, a petition filed by the...
Regulator Halts Trading of FTX Tokens in Indonesia – Exchanges Bitcoin News
The agency overseeing Indonesia’s crypto market has stopped the trading of FTX tokens on domestic platforms. The announcement comes after FTX, the exchange that issued the FTT token, filed for bankrup...
Jump Crypto says no plans to shut down, quashing rumors
Jump Crypto said it’s not shutting down. The trading firm, responding with a tweet to social media speculation of its imminent demise, said it wanted to “debunk a few things” ...
Multiple Exchanges Delist USDC and USDT on Solana
Numerous major exchanges are disabling deposits and/or withdrawals for Solana-based variants of the top two stablecoins, USDT and USDC. The wave of delistings follows Solana’s major price crash in the...
Bitcoin Exit From Crypto Exchanges Rises to 220K Over Past 10 Days
Getting hit the most over the last day was Gemini after that exchange paused withdrawals from its Earn program thanks to its ties with crypto investment bank Genesis, whose crypto lending unit was for...
FTX attacker continues swapping tokens; exchanges $7.95M BNB for BUSD, ETH
The attackers who drained $600 million from the now-bankrupt exchange FTX, swapped nearly 30,000 BNB tokens for Ethereum (ETH) and Binance USD (BUSD) on Nov. 17. in three transactions, data from Bscsc...
New FTX CEO Says the Collapsed Exchange’s Top Leaders Were ‘Potentially Compromised Individuals’
The new chief executive of bankrupt crypto exchange FTX says that the platform’s leadership was made up of “potentially compromised individuals.” According to recent bankruptcy filings, FTX CEO John R...
Lower Cap Altcoins May End Up Being Delisted From Exchanges To Protect Investors, Warns Crypto.com CEO
Crypto.com CEO Kris Marszalek says exchanges could potentially protect consumers more amid market volatility at the cost of low-cap crypto assets. In a new interview on CNBC’s Squawk Box, Marszalek sa...