White House says ‘prudent regulation of cryptocurrencies’ is needed, hinting at situation with FTX
According to Press Secretary Karine Jean-Pierre, the administration and financial agencies will “closely monitor” developments…
Day: 10 November 2022
FTX turmoil increases scrutiny of industry, something institutional investors have been waiting for
Hedge funds and asset managers are deploying digital asset teams, but lack of regulatory clarity…
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,…
The Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury
The payments operator responded to a Treasury inquiry related to the presidential executive order with…
‘Thank God’ El Salvador doesn’t have any Bitcoin on FTX, CZ clarifies
The Binance CEO added that the amount of misinformation going around now is “insane.” False…
US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX
“FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to…
Breaking: FTX appears to have resumed withdrawals, blockchain data shows
Transactions appear to be leaving the FTX hot wallet at a rate in the single…
Should College Students Engage in the Cryptocurrency Market?
When you are in college is a good time to begin investing. The majority of college…
FTX CEO Updates Crypto Community, Sunsets Alameda Trading, Addresses a Specific ‘Sparring Partner’
On Nov. 10, 2022, FTX CEO Sam Bankman-Fried (SBF) addressed the crypto community in a…
Biggest Movers: LUNC 13% Higher, as US CPI Boosts Crypto Markets
Terra classic has been one of Thursday’s biggest gainers, as crypto markets found light in…
Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens
Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low…
From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX
During the last two days, the cryptocurrency community has been dealing with the FTX fiasco…
Report: Tether freezes $46M of FTX’s USDT, setting new precedent
Tether has thus far only frozen USDT funds held in private wallets when requested by…
Bitcoin price gains $1K in minutes as CPI data deals DXY fresh 2% dip
Wild volatility continues for Bitcoin and altcoins as the lowest CPI readout since January pummels…