FTX: This Is What Led to the Downfall of the Fifth-Largest Crypto Exchange

2022-11-11 18:30

Sam Bankman-Fried made a series of critical mistakes which led to the demise of the FTX exchange, according to a report by Reuters. The post FTX: This Is What Led to the Downfall of the Fifth-Largest Crypto Exchange appeared first on BeInCrypto.

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Источник: beincrypto.com

led exchange → Результатов: 126


Bitcoin has fallen below $17,000 amid the FTX exchange’s liquidity crisis. The FTT token collapsed by 90%

Investors’ concerns about the solvency of the FTX cryptocurrency exchange and the safety of its users’ funds led to a drop in the cryptocurrency market. According to the Cryptovizor cryptocurrency screener, which determines the market price of BTC/USD based on the results of trading on the largest exchanges, the asset fell to $16,893.

2022-11-9 09:51


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India’s CoinDCX Concludes $135 Million Funding at $2.2 Billion Valuation

The latest valuation is double from $1.1 billion in August 2021. Now, CoinDCX is the highest-valued crypto firm in India. With 10 million users, it’s also India’s first crypto unicorn. Indian cryptocurrency exchange CoinDCX on Tuesday closed a $135 million Series D funding round led by Pantera and Steadview. The new investments value the startup […]

2022-4-20 15:05


New funding round values Blockchain.com at $14 Billion

Led by venture capital firm Lightspeed Venture Partners with major participation from Baillie Gifford & Co, wallet provider and exchange Blockchain dot com raised new funding that values the company at about $14 billion, more than doubling its worth in a sign that cryptocurrency firms continue to attract capital and investments, regardless of the turbulent venture capital […] The post New funding round values Blockchain.

2022-3-31 17:00


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Wombat Exchange Successfully Closes $5.25M Series A Funding Round Led by Hailstone Ventures and Animoca Brands

Wombat Exchange, a Binance-backed hyper-efficient multichain stableswap, has raised $5. 25 million in a Series A fundraising round led by Animoca Brands and Hailstone Ventures. BNB Chain, TPS Capital, GSR, Zokyo, Lunar Station, Eureka Trading, Silverstone, Unanimous Capital, and CryptoWesearch were among the other investors in the round.

2022-3-29 00:50


SEC Smells Something Fishy About The NFT Market And Is Launching A Probe, Sources Say

In recent months, US Securities and Exchange Commission legal counsels have issued summons to the NFT market creators and other crypto exchanges, seeking additional information about their projects. The SEC, led by crypto doubter, Chairman Gary Gensler, is reportedly moving to investigate whether NFT developers and marketplaces are breaching securities rules, numerous news outlets disclosed […]

2022-3-3 11:25


Atlas DEX Raises $6M From Jump Capital, Huobi Ventures and Other Leading Investors

Atlas DEX, a leading cross-chain decentralized exchange aggregator, has announced its fundraise of 6 million dollars led by Jump Capital. The private funding round also had participation from Huobi Ventures, Genesis Block Ventures, Solidity Ventures, Genblock Capital, 3Commas Capital, Solar Eco Fund, Momentum 6, GSR, 0xVentures, Bixin Ventures, AU21, and Paramount Capital.

2021-12-24 10:44


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Atlas DEX Completes $6M Funding Round from Jump Capital, Huobi Ventures and More

Atlas DEX — a cross-chain decentralized exchange aggregator built on Solana — has announced its fundraise of $6M. The private funding round was led by Jump Capital also had participation from Huobi Ventures, Genesis Block Ventures, Solidity Ventures, Genblock Capital, 3Commas Capital, Solar Eco Fund, Momentum 6, GSR, 0xVentures, Bixin Ventures, AU21, and Paramount Capital.Read More

2021-12-22 15:00


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Square Publishes White Paper Detailing Jack Dorsey’s Plans For Decentralized Bitcoin Exchange

Square, a financial services company led by Twitter’s Jack Dorsey, published a guiding document on Friday outlining plans for a decentralized exchange dubbed tbDEX. Jack Dorsey’s DEX Will Provide Users With Fiat Ramps Square is famous for allowing users to buy, sell and spend bitcoin on its Cash App. Now, the firm is expanding its […]

2021-11-21 16:39


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FMCPAY, A Revolutionary Cryptocurrency Exchange Aimed At Furthering The Growth Of CeFi

Bitcoin, NFTs, Metaverses, and Web3. Over the last decade, there has been a fundamental paradigm shift that has led to the current state of the world. Because of the concept of decentralization and innovation, the introduction of blockchain technology has propelled the technology sector to greater and unprecedented heights.

2021-11-20 19:25


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Former FTX Executive’s Platform Secures $60 Million In Claims, Here Are The Details

Former FTX customers, left uncertain of the fate of their funds after the collapse of the now-bankrupt crypto exchange, have turned their misfortune into a potentially profitable venture.  Led by individuals such as Louis d’Origny and Ramnik Arora, FTX’s former head of product, this group has seized the opportunity to invest in FTX bankruptcy claims. […]

Binance Sees FTX Level Outflows After CEO Steps Down, Here’s How Much

Binance is now at the center of all things crypto after CEO Changpeng Zhao stepped down after the crypto firm agreed to pay a $4 billion fine to US regulators. This event has triggered outflows from the exchange similar to what happened before the FTX crypto exchange filed for bankruptcy. Binance Outflows Cross $1 Billion […]