Upbots issues recovery plan in light of FTX, Alameda exposure

Algo crypto trading platform, Upbots, detailed its recovery plan established due to its exposure to the fallout of FTX, and Alameda Research. The post Upbots issues recovery plan in light of FTX, Alameda exposure appeared first on CryptoSlate.

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Bitcoin Holds Steady Over $16K Amid Widening FTX Fallout

Bitcoin has been trading flat this week, even as more companies admit exposure to crypto exchange FTX, which has filed for Chapter 11 bankruptcy protection.

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Aussie treasurer promises crypto regulation next year amid FTX debacle

A spokesperson for Australian Treasurer Jim Chalmers said they are closely monitoring the fallout from FTX’s collapse.

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First Mover Asia: Bitcoin Sinks Amid Crypto's Latest Debacle

The widening fallout from FTX, now includes Genesis Global Capital's decision to pause withdrawals. Could TradFi be swept up next in the crisis?

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First Mover Americas: FTX Fallout Reverberates Across Crypto-Land

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 16, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Meaning of FTX Fall Depends on One’s Politics, US Senate Hearing Shows

The fallout of the FTX collapse has left U.S. lawmakers spinning two distinct narratives: Democrats hail their financial regulators as heroes whose caution saved the disaster from threatening the wider financial system, and Republicans argue it proves resistant agencies chased crypto firms away from the U.S. and into dangerous, unregulated territory.

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FTX Fallout Adds Urgency to South Korea’s Push for Crypto Regulations: Report

An official at the Financial Services Commission says that unfair trade needs to be regulated.

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First Mover Asia: Bitcoin, Ether Rise Late Despite FTX Fatigue

Sam Reynolds considers the advantages of licensed custodians as the crypto industry wrestles with the fallout from crypto exchange FTX's implosion; bitcoin ris

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FTX Fallout Continues: Visa Dumps FTX, BlockFi Still Suspended, Crypto.com Skirts a Bank Run

The fallout from the FTX saga continued over the weekend and into Monday with little sign of slowing. FTX Breaks Off Visa Partnership Visa has ended its partnership with FTX....

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Huobi, Gate.io, Crypto.com see spikes in flow to FTX

The full consequences of the FTX fallout are still unknown.

The post Huobi, Gate.io, Crypto.com see spikes in flow to FTX appeared first on CryptoSlate.

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Crypto market sees biggest miner selling pressure since January 2021

The ongoing market slump caused by the FTX fallout hasn’t left Bitcoin miners unscathed. The post Crypto market sees biggest miner selling pressure since January 2021 appeared first on CryptoSlate.

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Market Wrap: Cryptos Recover Slightly From FTX Fatigue With a Dose of Encouraging Inflation Data

Bitcoin, ether and other major altcoins regained lost ground amid fallout from the crypto exchange’s unraveling after an unexpected decline in the consumer price index. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

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TRON-Based USDD Stablecoin on Shaky Ground as It Depegs to $0.97

The fallout from this week’s crypto contagion continues to send shockwaves across the industry. The latest digital asset on thin ice is the TRON-based USDD stablecoin. The post TRON-Based USDD Stablecoin on Shaky Ground as It Depegs to $0.97 appeared first on BeInCrypto.

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Crypto Executives Blame Lack of US Regulations for FTX Fiasco

The fallout of the FTX fiasco will be wide-reaching as the year of crypto contagions continues. A lack of U.S. regulations could be to blame. The post Crypto Executives Blame Lack of US Regulations for FTX Fiasco appeared first on BeInCrypto.

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Market Wrap: Bitcoin, Other Cryptos Continue to Plummet

The largest cryptocurrency by market capitalization was hurtling toward $16K amid the growing fallout from crypto exchange FTX’s collapse. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

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First Mover Americas: FTX Fallout Heats Up

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 9, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Hoskinson says banks are marketing crypto with their actions after Kanye West, JP Morgan fallout

Cardano founder Charles Hoskinson stated that American banks have helped to market crypto better than the industry players, according to an October 17 tweet. The post Hoskinson says banks are marketing crypto with their actions after Kanye West, JP Morgan fallout appeared first on CryptoSlate.

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Genesis CEO Steps Down as Firm Cuts 20% of Staff

Institutional crypto broker Genesis Global Trading has announced that its CEO Michael Moro is resigning and it will be cutting 20% of its workforce. The move marks further fallout from...

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Fallout from crypto contagion subsides but no market reversal just yet

With some areas of the blockchain space showing signs of a potential bottom, July showed that the market remains in a cautionary state.

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Binance sides with Indian regulators in WazirX fallout to cease support for off-chain transfers

Binance denied any equity ownership in the India-based crypto exchange after the latter came under regulatory scrutiny.

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Blockchain Users Reacted Differently to the Fallout from the Terra Collapse – Here’s What You Need to Know

Three months on and the crypto terrain looks different as the industry trudges forward, bearing the battle scars of the Terra implosion. The post Blockchain Users Reacted Differently to the Fallout from the Terra Collapse – Here’s What You Need to Know appeared first on BeInCrypto.

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Blockchain.com downsizes by 25% after 3AC collapse

Following the Three Arrows Capital (3AC) fallout, crypto exchange giant Blockchain dot com announced the closing of its office in Argentina and letting 150 people go to downsize by 25%. The post Blockchain.

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First Mover Asia: It Won't Be Easy for Creditors to Untangle Three Arrows Case, Singapore Lawyer Says

The fallout continues from the crypto industry's slump, with fresh filings from Celsius, layoffs at OpenSea and a short-squeeze in Voyager's tokens. PLUS: We talked to a Singapore-based lawyer about the Gordian knot that is the Three Arrows bankruptcy case.

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Crypto Fallout: Voyager Faces User Backlash Over Funds Refund

Crypto lending firm Voyager posted an update on its “restructuring process” and how it will impact its crypto users. Last week, the company filed for bankruptcy following a default on a $650 million loan issued to investment firm Three Arrows Capital (3AC).

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Singapore eyes more regulation to protect retail investors from crypto winter fallout

The Monetary Authority of Singapore (MAS) is considering new regulations to protect retail investors after the crypto market crash led to the collapse of several crypto firms. The post Singapore eyes more regulation to protect retail investors from crypto winter fallout appeared first on CryptoSlate.

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Vauld Becomes Latest Crypto Exchange to Suspend Trading Amid Financial Woes

Coinbase-backed Vauld has become the latest firm to suspend trading, citing fallout from the market crash. The post Vauld Becomes Latest Crypto Exchange to Suspend Trading Amid Financial Woes appeared first on BeInCrypto.

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Crypto Lender Celsius Network Exploring Options to ‘Preserve and Protect’ Assets

Celsius Network is consulting with experts to try to reduce the fallout from its mid-June swoon.

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Time for Crypto to Make Nice With Regulators

There’s a real risk of a knee-jerk response to the latest fallout. There are also many open-minded people in government. The industry must work with them.

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Winklevoss twins, Miami Mayor Francis Suarez still bullish on crypto

On two separate occasions, both the billionaire Winklevoss Twins and Miami’s Mayor Francis Suarez expressed their bullish attitude toward the crypto market, even after the fallout following the Terra LUNA scandal.

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Stablecoin supplies and cash reserves in question amid crypto exodus

The fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week.

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First Mover Asia: Events in China, India Have Also Weighed on Crypto Prices

Investors may have been focusing on interest rate hikes and the economic fallout of Russia’s Ukraine invasion, but bitcoin has been subject to other headwinds; cryptos rise post rate hike.

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Crypto may thrive amid economic fallout from Russia-Ukraine conflict, says billionaire

Billionaire investor David Rubenstein recently joined the “Invest Like the Best” podcast where he discussed the implications of Russia’s invasion of Ukraine. The post Crypto may thrive amid economic fallout from Russia-Ukraine conflict, says billionaire appeared first on CryptoSlate.

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Russian Crypto Miners Brace for Sanctions Fallout Amid Ukraine Conflict

The ruble’s fall has made mining more profitable in Russia for now, but parts and shipping costs are set to rise.

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Happy to be regulated? Fallout from BlockFi settlement is a matter of speculation

The record-breaking $100-million fine could mark the dawn of a new era for crypto lending platforms.

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Crypto Market Forecast: Midweek Update 24th September

A mid-week summary of forward-focused crypto news that matters. Today, fallout continues related to China property fears, SEC chairman Gensler reveals his thoughts on crypto's future - and Dogecoin as a medium of exchange gets support from the AMC movie theatre chain.

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China’s Lehman Brothers Moment? Crypto Market Takes Note of Real Estate Giant Evergrande’s Debt Crisis

While the crypto market is contemplating the effect of Evergrande's possible fallout, Tether has clarified that it is “doesn't hold and never held,” commercial paper issued by Evergrande. The post China’s Lehman Brothers Moment? Crypto Market Takes Note of Real Estate Giant Evergrande’s Debt Crisis first appeared on BitcoinExchangeGuide.

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Crypto can alleviate the financial fallout for people in Afghanistan

As the political system collapses, so too does the financial one. Thus, more and more Afghan citizens will turn to crypto.

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Bitcoin retests $37K support, gold and stocks drop lower over Fed comments

Steady BTC inflows to crypto exchanges and fallout from the Federal Reserve’s plan to hike interest rates dropped Bitcoin price to the $37,000 support.

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215k Bitcoin moved to ‘HODL’ wallets as asset recovers to $53,000

Bitcoin markets fell over -7% in the past day amidst a broader fallout in crypto markets and a surge in the Dollar Index (DXY), data from multiple sources shows. The post 215k Bitcoin moved to ‘HODL’ wallets as asset recovers to $53,000 appeared first on CryptoSlate.

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Ethereum Whales Kick Off Crypto Crash With 4,000 ETH Dump

An Ethereum whale dumping as much as 4,000 ETH on Binance this morning might have been responsible for kickstarting the crypto market downturn. How deep could the correction in Ethereum get, after such a substantial rally all throughout 2020? DeFi Trend Fallout Takes The Legs Out From Under Ethereum Bull Run Late US President John […]

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Ransomware Attacks Demanding Crypto Are Unfortunately Here to Stay

Ransomware attacks are increasingly becoming the norm as the world struggles with the fallout of the coronavirus pandemic.

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Crypto Long & Short: Why the Twitter Hack Was Good for Bitcoin (and It’s Not the Media Attention)

Yes, the Twitter hack was basically a giant bitcoin scam. But the fallout is showing the world the strengths of cryptocurrency and decentralization.

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Cryptopia Users Win Victory in Court Case Over Crypto Assets Worth Over $100M

In the fallout from a massive hack of the New Zealand cryptocurrency exchange, users at last have a little good news.

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Bitcoin (BTC) to Be Fine, Fallout Not Even Begun: Trader Scott Melker

Average crypto holders may not be those affected worst by the ongoing market crash. Seasoned trader and advisor Scott Melker explains what it means for the whole sector

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Crypto Exchanges Overwhelmed on Bitcoin’s Most Volatile Day of the Year

Binance chief Changpeng Zhao referred to it as “Bloodbath day,” and many in the cryptosphere will echo those sentiments, as fallout from the COVID-19 pandemic reverberates through global markets.

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Lebanese Turn to Bitcoin During Economic Crisis

Bitcoin has seen a massive rise in popularity among the Lebanese this year, especially after the country’s banks imposed rigid capital controls to contain economic fallout. Trust in Lebanese Banks...The post Lebanese Turn to Bitcoin During Economic Crisis appeared first on Crypto Briefing.

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The Fallout From Onecoin’s Ponzi Scheme Continues to Impact Investors

In late 2019, the remnants of multi-level Ponzi scheme Onecoin crumbled. However, Onecoin’s founder, dubbed the ‘crypto queen,’ Ruja Ignatova, remains on the run and law enforcement haven’t caught up with her yet.

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Nike Air Jordan Backed Crypto Price Drops Amid NBA’s Houston Rockets GM’s Tweet On Hong Kong

A post by a renowned Chinese crypto trader has gone viral after he noticed a sharp decline in the value of crypto tokens supported by Nike’s Air Jordansneakers in an exchange that is based in the US following the fallout between the NBA and Chinese government officials.

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NBA-China Scandal Crashes Nike Sneaker-Backed Crypto Token Price

The NBA-China fallout has sparked a 30%+ crash in the price of certain collectible sneaker-backed crypto tokens

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