Cryptocurrencies understood to have exposure to Sam Bankman-Fried, FTX and Alameda Research appear to have been impacted the most.
Month: November 2022
FTX website comes back online with message advising against deposits
Neither FTX CEO Sam Bankman-Fried nor any FTX official has provided its users with clarity as to why FTX’s website was taken down.
Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals
“We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves,” the Crypto.com CEO said.
Sequoia Capital marks down entire $214M FTX stake to zero
The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion […]
Binance Proof-of-Reserve pledge gains support following FTX crisis
The call for a more detailed disclosure of liquidity through the use of Proof-of-Reserves has been backed by many high-profile industry figures.
Middle East, Asia and Africa blockchain association launches in Abu Dhabi
A new blockchain body has been launched with the backing of industry leaders in the Middle East region including figures from Binance, Crypto.com and the […]
FTX-Binance standoff highlights the need for clear rules — Sen. Lummis
Market manipulation, lending activity and safeguarding of customer funds and assets are some of the many issues Senator Lummis plans to address in the coming […]
Alameda Research FTT token transfer from September fuels wild speculations
According to on-chain data, FTT token supply increased by 124.3% on Sept. 28 when 173 million FTT tokens were created by a 2019 ICO contract […]
Solana erases its ‘Google rally’ gains, but a 50% SOL price recovery is still in play
Solana bulls show signs of countering the ongoing correction trend, raising anticipations that SOL price will recover in the coming months.
Bitcoin heads to US midterms as research says dollar ‘closing in’ on a market top
Weekend losses solidify as macro volatility to come meets internal turmoil over FTX.