Advertisement     Genesis Global Capital, the crypto lending unit for crypto investment bank Genesis Trading has decided to halt withdrawals in the wake of the FTX col...
Tag: FTXinduced
HEX Trust is changing priorities after FTX-induced Crisis – crypto.news
On the 14 of November, the Hex Trust, an institutional-grade custodian in Hong Kong, sent an open letter to all investors claiming to now minimize its risk exposure by not prioritizing revenue generat...
Ether Turns Deflationary as Amount of ETH Burned Spikes Amid FTX-Induced Market Volatility
On Wednesday, more than 5,000 ETH was burned, the highest single-day tally since June, according to Etherscan. More than 13,000 ETH have been burned in the past three days alone. The Ethereum Improvem...
Tether dollar peg sinks 1.7% as FTX-induced turmoil persists
The Tether (USDT) stablecoin showed signs of wavering on Nov. 10, sinking as low as $0.9806 as market uncertainty continues to reign. Source: USDTUSD on TradingView.com The fallout from FTX’s insolven...