The “Bitcoin-is-dead” gang is back and at it again. The fall of the FTX cryptocurrency exchange has resurrected these infamous critics that are once again blaming a robbery on the money th...
Tag: Fiasco
Top 4 Altcoins That Defy The FTX Fiasco
The price action displayed by top altcoins in recent times has yet to be encouraging with the market’s erratic price movement after a cascading effect suffered by FTX led to many altcoins, including t...
Taylor Swift Ticketmaster fiasco is fault of demand, bots, Liberty Media CEO says
Now we got bad bots. The CEO of Liberty Media, Live Nation’s largest shareholder, defended the event promoter against calls that it should be broken up following a storm of glitches and site fai...
FTX fiasco sparks fear in crypto investors – crypto.news
Investor confidence in the industry is in jeopardy following the sad events involving FTX. Since rectification will take time, the crypto winter will likely continue for a few more months, possibly in...
Binance Receives FSP License In Abu Dhabi Amidst FTX Fiasco
Binance is the leading crypto exchange worldwide, with several digital tokens available to traders and investors. Its trade volume makes it the largest in the world. Binance primarily provides a seaml...
Taylor Swift ticket fiasco leads to calls for Ticketmaster, Live Nation to break up
Taylor Swift accepts an award onstage during the MTV Europe Music Awards 2022 held at PSD Bank Dome on November 13, 2022 in Duesseldorf, Germany. Jeff Kravitz | Filmmagic | Getty Images There’s ...
Chainlink Increases Accumulation To 190 Days After FTX Fiasco, Is $12 Possible?
LINK’s price fails to hold amidst market turmoil as price falls back into its accumulation zone with a range-bound movement. LINK’s price continues to show strength after a bearish downtrend with th...
FTX Fiasco Pushes Indonesia To Tighten Crypto Rules
The FTX catastrophe has been disrupting the whole cryptocurrency industry and triggered new legislative processes in many countries like Indonesia. According to many experts, it could just be the begi...
Bitcoin Hodlers Make Self-Custody Moves After FTX Fiasco
The moves are hardly surprising considering that FTX, the world’s second-largest exchange, was considered pretty much bulletproof. The collapse of the exchange proves that it was not too big to fail, ...
Binance CEO Likens FTX Fiasco to 2008 Financial Crisis — Warns of ‘Cascading Effects’ – Economics Bitcoin News
Binance CEO Changpeng Zhao has compared the FTX collapse to the 2008 financial crisis. Warning of “cascading effects,” he stressed: “A lot of consumer confidence is shaken, and I think basically it se...
California’s DFPI suspends this crypto lender’s license amid FTX fiasco
FTX has left several associated platforms and projects facing the heat of the community since its bankruptcy. While the consequences were restricted to ethical and monetary terms, a new decision by th...
Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco
The fall of major crypto ecosystems — such as FTX and Terra (LUNA) — this year highlighted the importance of transparency around the true reserves held by crypto exchanges and businesses. Amid the ong...
What is the White House Doing In The Wake of the FTX Fiasco?
Join Our Telegram channel to stay up to date on breaking news coverage The White House Press secretary, Karine Jean-Pierre, said that the Biden administration and financial market regulators would clo...
Bloomberg Strategist Mike McGlone Says Bitcoin Could Crash by Nearly 40% After FTX Fiasco – Here’s the Timeline
Bloomberg Intelligence senior macro strategist Mike McGlone predicts that Bitcoin (BTC) could fall to levels last seen in July 2020. McGlone says that Bitcoin could fall by 39% from the current price ...
Crypto-To-Fiat Payment Firm Swapin Drops Fees 65% Following FTX Fiasco To Support Crypto Community
– Advertisement – All across the cryptocurrency community, there is only one topic of discussion at this very moment. That’s because the significance of the situation and the impact it’s h...
The Role Regulators Played in the FTX Fiasco
Armstrong is protecting his own interests here, now that figures like Sen. Elizabeth Warren (D-Mass.) and Gensler are calling for tighter regulation of U.S. exchanges. Clearer rules are clearly needed...
SEC’s Gensler says more investor protection is needed after FTX fiasco
SEC Chairman Gary Gensler addressed the ongoing market crisis caused by the FTX fallout during an interview on CNBC’s Squawk Box. Gensler, who has been pushing for increased regulation and targeting v...
Popular Crypto Analyst Breaks Down Bitcoin (BTC) and US Dollar Strength in the Wake of FTX Fiasco
A widely followed crypto analyst is looking at the wider crypto markets following this week’s FTX meltdown. Crypto analyst Justin Bennett tells his 111,400 Twitter followers that king crypto Bitcoin (...
This crypto stock could climb 80% despite FTX fiasco: Oppenheimer
Coinbase Global Inc (NASDAQ: COIN) down about 80% year-to-date remains a “buy” despite the recent FTX collapse, says Owen Lau. He’s a Senior Analyst at Oppenheimer. Coinbase is somewhat insulated to t...
Crypto Executives Blame Lack of US Regulations for FTX Fiasco
The fallout of the FTX exchange will be wide-reaching as the year of crypto contagions continues. Industry leaders are citing a lack of regulations in the U.S. for the incident. Millions of retail and...
SBF’s Wealth Suffers an Estimated 94% Drop After FTX Fiasco: Bloomberg
The past few days saw extreme turbulence related to FTX, Alameda, and Binance. In the wake of it, ending with Binance’s statement of intent to take over FTX’s business, the CEO of both companies has b...
Who Will Fall Victim To The FTX Fiasco?
The current state of the crypto market today has proven what everyone always feared, uncertainty. Many investors initially lost millions because of the crypto winter. However, in the heat of the marke...
FTX Fiasco Hits Investors From Tiger Global to Tom Brady
(Bloomberg) — The FTX.com fiasco has ensnared some of the biggest names in finance. Most Read from Bloomberg Tiger Global Management, Third Point and Altimeter Capital Management are among hedge...
Billions of dollars in crypto pouring out of exchanges following FTX fiasco
Crypto exchange users are withdrawing large sums of cryptocurrencies following FTX’s high-profile collapse. Over the past 24 hours, approximately $1 billion in ether has been withdrawn fro...
$640 Million Liquidated Amid Binance-FTX Fiasco, FTT Drops Below $10
Over $640 million in trades have been liquidated from crypto markets in the aftermath of FTX’s drama with Binance. Markets experienced a brief rally after Binance announced its intention to buy FTX, b...
Dogecoin Witnesses $33.11M Liquidation Amid Musk Fiasco
13 seconds ago | 2 mins read Altcoin News The Elon Musk Twitter acquisition, worth $44 billion, helped propel the price. During its recent upswing, Dogecoin jumped into the top 10 cryptocurrency ranki...
Solana Projects Reboot as Money Lost From Mango Markets Fiasco Is Recovered – crypto.news
Wednesday evening marked a sensational moment for several Solana projects as they reopened after they received back lost money from the recent Mango markets hack. The tokens that UXD Protocol and Tuli...
Uniswap fiasco, everything you need to know
Uniswap is a decentralized exchange that gained enormous fame during the decentralized finance hype in 2020. It went from a few million dollars to a trading volume of 100 billion dollars in the span o...
Despite Tornado Cash fiasco, Bitcoin SV launches ‘Blacklist Manager’ tool
Bitcoin SV has launched “Blacklist Manager,” enabling miners to freeze lost or stolen tokens “to comply with court orders” and assist in asset recovery. A tweet announcing the new function opened with...
Will Smith’s first project since Oscars fiasco gets December release date
US actor Will Smith accepts the award for Best Actor in a Leading Role for “King Richard” onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Ro...
Analyzing USDC’s falling utility post the Tornado Cash fiasco
‘How tables have turned’ is one of the most common phrases used in this ‘niche’ yet the emerging world of cryptocurrencies. USD Circle [USDC] witnessed the wrath of a dying utility after showcasing it...