California regulators to investigate FTX crypto exchange collapse
The California DFPI announced it will open up an investigation as to the “apparent failure”…
Year: 2022
US senators commit to advancing crypto bill despite FTX collapse
The two U.S. Senators said the downfall of FTX clearly exemplified “the need for greater…
FTX US announces it may halt trading on its platform in a few days
According to the FTX US website, “Withdrawals are and will remain open.” In a long…
Financial group CEO claims he tried to warn Bankman-Fried about insolvency in July
Richard Handler alleged that he offered restructuring services to FTX that might have saved it,…
Tether CTO confirms no plans to rescue FTX
FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide…
Major stablecoins destabilized as market volatility and redemptions surge
Nearly all major stablecoins lost their dollar pegs amid the FTX saga, but most have…
Tron-based tokens sell at 1200% premium as FTX users scramble to withdraw
The JST token in particular is trading for a premium of around 1,200%, while BTT…
FTX turmoil increases scrutiny of industry, something institutional investors have been waiting for
Hedge funds and asset managers are deploying digital asset teams, but a lack of regulatory…
Bitcoin Price Prediction for Today, November 10: BTC Price Pauses above $15.6K
Bitcoin Fluctuates in a Range as BTC Price Pauses Above $15.6K – November 10, 2022…
Twitter Files for Payment Business — Elon Musk Says Platform Could Offer Debit Cards, Money Market Accounts
Twitter has filed paperwork with the U.S. Financial Crimes Enforcement Network (FinCEN) to start a…
US Senator Says Crypto Needs ‘More Aggressive Enforcement’ — ‘I’m Going to Keep Pushing SEC to Enforce the Law’
U.S. Senator Elizabeth Warren says the implosion of crypto exchange FTX shows that the crypto…
Blockfi Pauses Customers Withdrawals, Cites ‘Lack of Clarity’ on FTX’s Status as Cause
Blockfi, a cryptocurrency lending platform, has announced that it is limiting the operations of its…
TRX’s USD Exchange Rate Jumps 270% Higher on FTX After Exchange Brokers Deal With Tron
On Thursday, at approximately 12:48 p.m. (ET), the embattled exchange FTX revealed that it has…
Cathie Wood’s ARK adds $12.1M in Coinbase shares amid turbulent markets
Ark Investments topped up its Coinbase stock shortly after FTX’s liquidity issues were revealed, which…
BlockFi limits platform activity, including a halt on client withdrawals
“We intend to communicate as frequently as possible […] but anticipate that this will be…