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.
Category: Altcoin News
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 been impacted the most.
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 perspectives on what’s next for the market.
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 […]
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.
MetaMask allows to move tokens on multiple blockchains with new DApp
Bitcoin integration is not on the immediate roadmap for blockchain bridge support via MetaMask Bridges, a MetaMask executive said.
Binance CEO shares ‘two big lessons’ after FTX’s liquidity crunch
CZ took to Twitter on Nov. 8 sharing “two big lessons” that crypto companies should learn amid the downfall of crypto exchange FTX.
Coinbase and Kraken experience limited services amid markets turbulence
They are reportedly facing latency issues due to the high level of new user sign-ups and transfers to the platform.
Alameda on the radar of BitDAO community for alleged dump of BIT tokens
Bybit co-founder Ben Zhou stated that while no wrong-doing is confirmed, the BitDAO community would like to see proof of fund from Alameda.
Investors increasingly confident of Ripple’s victory over SEC: CoinShares
XRP investment products have seen a third consecutive week of inflows, suggesting investors may be increasingly confident of Ripple’s victory.