Solana TVL drops 32.4% as FTX turmoil rocks ecosystem
Cryptocurrencies understood to have exposure to Sam Bankman-Fried, FTX, and Alameda Research appear to have…
Day: 9 November 2022
Breaking: FTX’s Binance rescue deal falls apart in less than 48 hours
Binance cited allegations of the mishandling of consumer funds and an investigation from regulators as…
Alameda Research and FTX Ventures websites go dark
Pages for the quantitative trading firm and the venture capital arm have been taken offline…
Binance’s victory over FTX means more users moving away from central exchanges
Binance faces far less competition in the aftermath of FTX’s fall, but it still may…
Bitcoin price hits multi-year low at $15.6K, analysts expect further downside
BTC and altcoins collapse following news that Binance declined to purchase FTX. Analysts share their…
OKX, Kucoin say proof of reserves will be ready in a month
Similar protocols are used by Kraken, Bitmex, Gate.io, and many other exchanges, but were not…
MiCA proponent cites FTX in advocating for regulation: ‘Crypto assets are not play money’
“With a global MiCA, the FTX crash would not have happened,” said European Parliament economics…
Orthogonal Credit alleged key weaknesses in Alameda’s due diligence early in 2022
The firm pushed Maple Finance to halt Alameda’s dedicated borrower pool earlier this year. Orthogonal…
Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’
Whistleblower and former NSA contractor, Edward Snowden, has been very vocal about the crypto economy…
Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’
The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto…
Maple Finance Lending Pool Delegate ‘Identified a Number of Key Weaknesses’ Tied to FTX’s Alameda Research
According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the…
Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal…
NFT trademark filings grow in 2022: Nifty Newsletter, Nov. 2–8
South Korea’s central bank has tested purchasing NFTs with their central bank digital currency (CBDC)….
Post-election roundup: Who were the pro- and anti-crypto winners and losers from the US Midterms?
Political newcomer and Bitcoin holder J.D. Vance will take Rob Portman’s U.S. Senate seat in…
Subway accepts Bitcoin, so users can get a sandwich on the Lightning Network
The largest franchise in the world, Subway, is testing out the Lightning Network layer-2 Bitcoin…
