South Korea has begun a probe into cryptocurrency exchanges in the country in relation to offering native tokens, as per a local news report. The Korea Financial Intelligence Unit (KoFIU) is the finan...
Tag: Impact
The Impact of FTX Collapse on Total Crypto Market Cap
The previous week of the crypto world was full of issues. It attracted the attention of most of the investors. The market responded to all recent ongoings with Bitcoin and other cryptocurrencies tradi...
From Temasek to Genesis, here’s the direct impact of FTX failure on other corporates.
Over the first two weeks of November, crypto exchange FTX went from leading crypto exchange to a $16 billion bankruptcy – this year’s largest so far. Insiders, customers, the press, and re...
Fed Tightening Is Having More Impact Than You Might Think
We’ve learned a lot about the transmission of disease in the past few years. Ideas, good and bad, are spread similarly. Robert Shiller, the Yale University Nobel laureate, wrote in Irrational Exuberan...
FTX collapse won’t impact everyday use of crypto in Brazil: Transfero CEO
The crumbling of the FTX crypto empire may have damaged Brazilian retail and institutional sentiment toward crypto. However, its impact won’t affect everyday citizens — who will still use crypto...
Will The Huge Dump Of GBTC Impact Bitcoin Price? This Is How BTC Is Going To React Next
The last two weeks have been a nightmare for the entire crypto space as crypto investors were forced to liquidate their massive holdings in FUD after Sam Bankman-Fried’s FTX collapsed. The FTX meltdow...
Solana’s FTX trouble failed to impact this SOL segment growth but is it enough
Solana gets impacted by the FTX debacle; Sollet-wrapped tokens also get affected Solana’s Project Serum gets forked; however, the community continues to show an interest in Solana’s NFTs One of the ma...
Cardano, the hot swap function, and its impact on the future of ADA
Cardano has continued its efforts to improve transactions via its network with ongoing upgrades Despite some advancement, its development activity tanked as ADA faced consolidation, considering its cu...
The huge impact 3D Generative AI will have on the Game Industry; RobotEra Presale
Join Our Telegram channel to stay up to date on breaking news coverage According to James Gwertzman, an interactie light artist and co-founder of PlayFab, the largest development in the video game bus...
This is Why Genesis-Collapse May Have 10 times Lager Impact Than That of FTX!
Genesis Trading, the first BTC OTC (Over The Counter) platform, grew like a monster during the 2021 bull run and achieved huge milestones. Meanwhile, exactly a year later, the fractals are completely ...
Genesis Suspending Client Withdrawals for Lending Arm Citing ‘FTX Impact’
On Wednesday morning, Genesis announced to clients that it would pause withdrawals from its lending arm, citing “unprecedented market turmoil” due to the now-bankrupt crypto exchange FTX. ...
Pantera CEO says the impact of FTX collapse will be “insignificant”
On the 11th of November, CEO of Pantera Capital Dan Morehead stated in his tweet that the impacts of FTX’s bankruptcy will be “insignificant.” He believes that the important story is the derivatives e...
EU’s MiCA regulation would have had limited impact on FTX debacle, lawmaker says
EU lawmakers differ in their view on how the bloc’s upcoming crypto regulation would have cushioned the blow from FTX’s collapse. The effects of FTX’s filing for bankruptcy pro...
Genesis Global Capital suspends redemptions, with impact spreading to Gemini
Genesis Global Capital, the lending business of Genesis Trading, temporarily suspended redemptions and new loan originations in the wake of FTX’s recent collapse and the earlier Three Arrows Cap...
Crypto Lender Genesis Halts Operations Due To FTX Impact
According to an official announcement, Crypto lending firm Genesis is halting new withdrawal requests from its customers. The firm is a victim of the collapse of the crypto exchange FTX and is one of ...
Bitcoin, FTX, and impact of the exchange’s collapse on BTC HODLer conviction
Bitcoin’s price was gravely impacted by the failure of FTX. On-chain metrics suggested a shift in HODLer’s behavior. The sudden collapse of Sam Bankman-Fried’s crypto empire left the general cryptocur...
Which Project Will Have Greatest Impact?
Cardano (ADA) remains one of the most volatile cryptocurrencies but lacks trading volume. The Orbeon Protocol will impact the venture capital and blockchain space. Orbeon Protocol will allow everyone ...
Crypto lender Salt halts withdrawals citing FTX impact
Crypto lending platform Salt paused withdrawals and deposits, according to a company email sent to customers. The firm said in a message attributed to CEO Shawn Owen that “the collapse of ...
Crypto.com Breaks The Patience For Withdrawing Funds! How Will This Impact CRO Price?
While the crypto market has just begun flashing green after getting severely impacted by the FTX wipeout, concerns regarding withdrawing funds from Singapore-based crypto exchange firm Crypto.com are ...
Bitcoin holders, whales, and miners: The impact of FTX on the state of BTC
Bitcoin HODLers withdraw historic amounts of BTC from exchanges Miners continue to feel the pressure amidst the FUD The mistrust in exchanges has continued unabated ever since the FTX collapse. Now, i...
The Impact Collective Adds New Technology and Fundraising Features to its NFT Marketplace
La Jolla Playhouse Partnered with The Impact Collective to Provide a Digital Collectible to Donors for its Annual Innovation Night SAN DIEGO–(BUSINESS WIRE)–#DigitalArt—The Impact Collective announced...
SEC wins LBRY case, but the victory may have little impact in the greater cryptoverse
The United States Security Commission (SEC) won its case against blockchain-based file-sharing and payment network LBRY in district court in New Hampshire on Nov. 7 when that court decided to grant an...
The Impact of Fast and Reliable Internet Connections in Emerging Economies
Global Internet Connectivity Rates For many countries, internet access is a given. In these countries, internet connectivity helps collaboration, lowers the cost of doing business, and facilitates inn...
Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo – Featured Bitcoin News
The CEO of cryptocurrency exchange Kraken has outlined the impact of FTX’s failure on the crypto industry. After listing multiple red flags, the executive stressed: “The damage here is huge … We’re go...
Ontario Teachers Sunk $95M in FTX—Pension Fund Says Collapse Will Have ‘Limited Impact’
The Ontario Teachers’ Pension Plan says the $95 million it invested in FTX Trading and FTX US will have a “limited impact” on the plan. The investment represents 0.05% of its total net assets, t...
Voyager’s bid reopening process might have this impact on VGX holdings
As FTX US filed for bankruptcy, Voyager announced the re-commencement of the auction process of its assets This caused VGX to rally astronomically in the past 24 hours Bankrupt crypto lender Voyager [...
BitMex’s Founder Stated That The Downfall Of FTX Will Impact Bitcoin, Ethereum, And Solana
FTX, the world’s second largest crypto exchange platform, valued at $32 billion (USD), was facing severe losses. The United States Securities and Exchange Commission (SEC) has started an investigation...
Can The New Deal Puts a Positive Impact on MULN Stock Price?
Mullen Automotive have given distributor rights to Newgate Motor Group. The company started as a luxury car manufacturer. MULN stock was changing hands at $0.33 at the time of writing. Mullen Automoti...