1 The 16th largest US bank SVB collapsed on March 10, 2023. 2 The crypto and the technology industry are blaming each other for the collapse. The collapse of Silicon Valley Bank (SVB) sparked a blam...
Tag: Implosion
SVB implosion ‘a-soon-to-be-irreversible mistake’ unless government intervenes
The consequences could be “vast and profound” if Silicon Valley Bank is not bailed out, according to billionaire investor Bill Ackman. Ackman warned of an “irreversible mistake” if a...
SHIB prices decline sharply following Silvergate implosion
After news surfaced that Silvergate, a crypto-favored bank, has financial problems, SHIB lost massive value. SHIB price declines Shiba Inu is among the top token to suffer severe losses in the past f...
Overall DeFi Total Value Locked Hits $50,000,000,000 Mark for the First Time Since November FTX Implosion
The decentralized finance (DeFi) sector appears to be on the road to recovery after a substantial period of stagnation. The total value locked (TVL) in DeFi platforms dropped from over $50 billion to ...
Peter Schiff knocks crypto assets and sees market implosion
The American economist who gained fame after predicting the 2008 recession has criticized crypto assets calling them ‘fool’s gold’ and insinuating that they are bound to collapse in the future. Americ...
Opinion: Digital Currency Group’s Genesis implosion: What comes next?
It looks as if the bear cycle is going to claim another high-profile crypto company. On Jan. 19, Digital Currency Group’s (DCG’s) lending subsidiary, Genesis, filed for Chapter 11 bankruptcy. Here we ...
Bankman-Fried’s Lavish Lifestyle Allegedly Revealed, Cuban Warns of Wash Trade Implosion, Experts Expect Soaring Gold Prices in 2023 — Week in Review – The Weekly Bitcoin News
More information has come to light allegedly revealing the lavish lifestyle of FTX co-founder and “altruist” Sam Bankman-Fried, as the failed former crypto exchange CEO also fights for Robinhood share...
Sequoia Capital’s Alfred Lin in his first public interview since the implosion of FTX (video)
Last night, at an industry event hosted in San Francisco by this editor, venture capitalist Alfred Lin of Sequoia Capital sat down for a one-on-one conversation about the evolution of his storied inve...
Sam Bankman-Fried Claims Binance CEO Changpeng Zhao Caused FTX Implosion in New ‘Pre-Mortem’ Substack Post
Disgraced FTX founder Sam Bankman-Fried says the head of rival exchange Binance contributed to setting off the demise of his crypto empire. In a post to Bankman-Fried’s Substack titled “FTX Pre-Mortem...
Mark Cuban Makes Prediction on Next Crypto ‘Scandal,’ Warns of Potential Implosion if Exposed: Report
Billionaire and Shark Tank star Mark Cuban has a prediction on what could be the next thing that rocks the crypto industry. In a new interview with The Street, Cuban says he believes the next “implosi...
Billionaire Mark Cuban Warns of Next Crypto Implosion Coming From Wash Trades – Featured Bitcoin News
Mark Cuban, a Shark Tank star and the owner of the NBA team Dallas Mavericks, has warned that the next crypto implosion could come from “the discovery and removal of wash trades” on centralized exchan...
Mark Cuban: Wash trading will lead to crypto’s next implosion in 2023
Mark Cuban believed that wash trading on centralized exchanges will lead to crypto’s next implosion. A report by the NBER found that as much as 80% of the trading volume on unregulated exchanges may b...
Silvergate Tumbles After FTX Implosion Prompts $8.1 Billion Bank Run
(Bloomberg) — Silvergate Capital Corp. shares plunged after the bank said the crypto industry’s meltdown triggered a run on deposits, prompting the company to sell assets at a steep loss and fir...
Sam Bankman-Fried’s FTX/Alameda Empire Faced Turbulence Years Before Implosion
A new report claims Sam Bankman-Fried’s financial crypto empire faced troubles years before the FTX exchange collapse. According to the Wall Street Journal, Bankman-Fried’s trading firm Alameda Resear...
SBF’s lack of risk aversion led to FTXDM implosion
Victor Haghani, one of the founding partners of LTCM, applied the economic theory of choice under uncertainty to try and explain how FTXDM crumbled to the ground. In layman’s terms, “choice under unc...
Sam Bankman-Fried met with Biden’s top advisors two months before FTX’s implosion
Former FTX CEO Sam Bankman-Fried met with senior White House officials on multiple occasions in 2022. Sources said politics was not discussed at the meeting and that conversations focused on the crypt...
Cardano sharks Accumulating Consistently After FTX Implosion
The world’s ninth-largest cryptocurrency Cardano (ADA) has witnessed some major price movements over the last few months. However, the ADA price has been subject to a broader market correction and is ...
Top Crypto Analyst Issues Warning for Binance Coin, Says BNB Following Terra (LUNA) Chart Prior to Implosion
An analyst who nailed Bitcoin’s (BTC) 2018 bottom is predicting an epic collapse for Binance Coin (BNB), the utility token of the world’s largest crypto exchange. Pseudonymous analyst Smart Contracter...
Goldman Sachs Plans To Splash Millions Of Dollars Into Crypto Firms After FTX Implosion ⋆ ZyCrypto
Advertisement     Goldman Sachs plans to splash “tens of millions of dollars” on investments or buyouts in crypto firms after the FTX collapse hit last month and suppr...
Sam Bankman-Fried Officially Added As Witness for This Week’s Congressional Hearing on FTX Implosion
Disgraced FTX founder Sam Bankman-Fried has officially been added as a witness for this week’s Congressional hearing on the crypto exchange’s disintegration. According to a new government memo, the fo...
ARK Invest’s Cathie Wood Predicts FTX Implosion Will Massively Boost One Crypto Sector
ARK Invest founder and CEO Cathie Wood is predicting that the high-profile implosion of FTX will be a boon for one crypto sector. Wood says in a Yahoo! Finance interview that the collapse of FTX and o...
US Prosecutors Probing Whether Former FTX CEO Sam Bankman-Fried Influenced the Terra (LUNA) Implosion: Report
Federal US prosecutors are reportedly looking into the potential link between former FTX CEO Sam Bankman-Fried’s fallen crypto empire and the downfall of stablecoin issuer Terra (LUNA). According to a...
Bitcoin: FTX’s implosion and its impact on profitability, blockspace demand, and more
Bitcoin’s Realized Loss touched an all-time high when FTX collapsed. New demand for block space is re-entering the market. The market is dominated by small-sized transactions. In the wake of FTX’s une...
Billionaire Chamath Palihapitiya Calls FTX Implosion a Sophisticated Con Perpetrated on Millions of People
Billionaire venture capitalist Chamath Palihapitiya says collapsed crypto exchange FTX was an “enormous financial fraud” that impacted tens of millions of people. In a new interview on the All-In Podc...
This Crypto Sector Has Stayed Resilient in the Face of FTX’s Implosion, According to DappRadar
As the downfall of FTX continues to push the crypto markets deeper into red territory, DappRadar says that one sector of the industry remains largely unaffected by the turmoil. In a new report, the da...
Ethereum accumulation trend hits new highs following FTX implosion
Ethereum whales and sharks have been accumulating Ether (ETH) at a record rate since the FTX crash, Santiment reported on Nov. 30. 🐳🦈 #Ethereum‘s large key addresses have been growing in number ...
BlockFi Bankruptcy Follows FTX Implosion
SOPA Images/LightRocket via Getty Images Key takeaways On Monday, crypto lender BlockFi filed for Chapter 11 bankruptcy protections in the aftermath of FTX’s implosion Ironically, BlockFi lists FTX as...
5 Lessons From the Stunning Implosion of SBF and FTX
It turns out Sam Bankman-Fried wasn’t “the next Warren Buffett.” Just six months ago I was in The Bahamas at the FTX/SALT conference, where Sam was treated like Taylor Swift. He chat...
The crypto world after the implosion of Terra Luna
It has been about six months since the day of the major failure in the crypto world, namely that of Terra Luna, but the community behind the project has shown itself to be resolutely resilient to adve...
Two Investor Cohorts Are Aggressively Accumulating Bitcoin Following FTX Implosion: Analytics Firm Glassnode
A leading analytics firm says that two groups of Bitcoin (BTC) investors have been heavily loading up following the collapse of FTX. Glassnode says that shrimps, or entities owning less than one Bitco...
Could BCH regain its pre-FTX implosion value of $126? Here’s all you need to know
BCH was bullish, targeting the 78.6% and 100% Fibonacci levels Open interest surged in the post-market crash but has since fallen back slightly Bitcoin Cash [BCH] surged mid-week with a nostalgic aim...
SEC facing rising scrutiny after FTX’s epic implosion
After the high-profile implosion of FTX, crypto skeptics and digital currency advocates have both asked the question: Could the Securities and Exchange Commission have done more? Expect to hear ...