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Are your funds safe? Crypto lending platforms continue to fall
Key Takeaways Genesis Capital have become the latest firm to get caught up in the crypto crash, suspending withdrawals yesterday Gemini soon followed, suspending withdrawals on their Earn product These are all yield -earning services, however – very different from FTX FTX’s biggest transgression was masquerading as an exchange while acting as a hedge fund, […] The post Are your funds safe? Crypto lending platforms continue to fall appeared first on CoinJournal. дальше »
2022-11-17 15:19 | |
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$2.8B Crypto-Focused Lending Firm Genesis Halts Withdrawals Fearing A FTX-Induced Bank Run
Genesis Global Capital, the crypto lending unit for crypto investment bank Genesis Trading has decided to halt withdrawals in the wake of the FTX collapse. On Wednesday morning, Genesis held a 7-minute call with customers informing them that withdrawal requests for Genesis Capital had exceeded their liquidity capital. дальше »
2022-11-17 12:21 | |
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Singapore State Investment Firm Writes Off $275M FTX Investment
Temasek International, Singapore’s state investment fund, has written off its entire investment in the "bankrupt" exchange FTX, making it the institution that probably lost the most. The post Singapore State Investment Firm Writes Off $275M FTX Investment appeared first on BeInCrypto. дальше »
2022-11-17 12:00 | |
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Binance unveils new upgrade to NFT Marketplace
In a publication on the Binance website, the firm’s NFT arm announced that new features were added to the Binance NFT marketplace. This upgrade aims to improve users’ experience while exploring various NFT assets listed on the market. A milestone… дальше »
2022-11-17 04:00 | |
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Long term Bitcoin HODLers reaches all time-high
Those among bitcoin holders that can stomach the current volatility are keeping onto their bags, on a large scale. Data provided by on-chain analytics firm, Glassnode, shows that earlier today, the percentage of bitcoin’s supply last active five or more… дальше »
2022-11-17 01:00 | |
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Bybit publishes reserve wallet addresses
Bybit’s largest asset wallet holdings total $1. 9 billion, according to details from blockchain analytics firm Nansen. Bybit has become the latest crypto exchange to publish information about its assets reserves, as calls for more transparency in the industry increase following FTX’s collapse. дальше »
2022-11-17 00:23 | |
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Sam Bankman-Fried updates investors: ‘We got overconfident and careless,’ claims $13B leverage
“I was on the cover of every magazine, and FTX was the darling of Silicon Valley,” said the former CEO on the crypto firm’s path to bankruptcy. дальше »
2022-11-17 00:00 | |
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Temasek writes off $200m+ after FTX liquidates
Per details from sources related to the story, Temasek lost over $200 million to the FTX run down. The fund was an investment in the cryptocurrency firm weeks before it imploded. Temasek to delete $200 million from its record As… дальше »
2022-11-17 23:30 | |
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This Firm Offers 8 To 12 Cents On A Dollar Of FTX User Deposit Claims
The FTX crisis has escalated into a legal battle between bankrupt crypto exchanges and firms whose assets are stuck on its platform. Before FTX froze assets withdrawal, many crypto firms couldn’t recover their funds from the exchange. дальше »
2022-11-16 22:56 | |
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Crypto Market Slides After Genesis Withdrawal Halt, but Big Investors May Hunt for Bargains
Most digital assets trade lower on Wednesday as another crypto firm gets hit by the FTX contagion. Some analysts see enduring interest from institutional investors – possibly at an even lower entry price than previously contemplated. дальше »
2022-11-17 22:41 | |
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New Audit Report Shows Terra’s LFG Spent Over $2.8 Billion To Defend UST Peg
Luna Foundation Guard (LFG), the entity behind the collapsed Terra ecosystem, spent $2.8B (80,081 BTC and 49.8M in stablecoins) to defend UST’s peg, a new report by London-based third-party auditing firm JS Held has shown. дальше »
2022-11-16 21:29 | |
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Bitfarms sold more Bitcoin than it mined in Q3
Bitcoin mining firm Bitfarms’ third-quarter report shows that the miner sold more BTC than it made in the quarter -the miner sold 2,595 BTC while mining 1,515 BTC. The post Bitfarms sold more Bitcoin than it mined in Q3 appeared first on CryptoSlate. дальше »
2022-11-17 20:32 | |
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South Korean Authorities Raid Terra Co-Founder’s Company Office
South Korean authorities have raided Chai Corporation, a Seoul-based firm owned by Terra co-founder Daniel Shin. Chai Offices Raided South Korean law enforcers have raided the offices of Chai Corporation,... дальше »
2022-11-16 19:59 | |
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FTX’s collapse: Hayman Capital’s Kyle Bass says ‘there’s more to come’
FTX’s collapse is still causing reverberations across the crypto market, with the latest crypto news being Genesis’s lending business halting customer withdrawals. Kyle Bass, the founder and CIO of Texas-based asset management firm Hayman Capital Management, says FTX’s collapse could just be the beginning of even more turmoil and failures in the crypto sector. дальше »
2022-11-17 19:31 | |
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Pantera Capital releases statement amid the breakout of FTX contagion
Pantera's co-CIO, revealed in a recent statement how the recent FTX contagion had affected their firm. Krug , explained into depth how the crisis affected their firm in general. дальше »
2022-11-16 18:30 | |
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XRP Poised To Break New Ground As Ripple Unveils This New Trillion-Dollar Worth ODL Corridor
Ripple, the firm behind XRP, the seventh-largest crypto asset, is looking to tap the almost $1 trillion mobile money value in Africa through the use of its fast and cost-effective on-demand liquidity (ODL) service. дальше »
2022-11-16 15:51 | |
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Metaverse Market Size to Grow by $107.06 Billion by 2027, Asia Pacific Region to Lead – Report
The global metaverse market share is set to increase by $107.06 billion from 2023 to 2027, according to a report by leading global research firm Technavio Research. The report, which draws its analysis from five regions including North America, Europe, APAC, South America, and the Middle East and Africa further projects the market’s Year-Over-Year growth rate to hit 20.59% during the forecast period. […] дальше »
2022-11-16 15:20 | |
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Tether Up On US Treasury Bills, Reduces Commercial Paper Holding – Q3 2022 Consolidated Reserves Report
The accounting firm BDO Italia has performed a quarterly assurance on the Consolidated Reserves of Tether Holdings Limited and its wholly-owned subsidiaries as of 30th September 2022. According to its report, Tether Group’s consolidated assets exceed its consolidated liabilities. дальше »
2022-11-16 17:51 | |
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Crypto asset management firm Ikigai ‘caught up in the FTX collapse’
Crypto asset management firm Ikigai Asset Management is among the companies to get caught up in the FTX collapse as it had a large portion of its assets on the collapsed exchange, according to the firm’s founder and chief investment officer, Travis Kling. дальше »
2022-11-15 01:59 | |
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FTX Fraud: Who Are Sam Bankman-Fried’s Biggest Victims?
FTX and its affiliated trading firm Alameda Research have been exposed. A November 2CoinDeskarticle revealing Alamedas troubled finances put a series of events in motion that eventually exposed FTX as... дальше »
2022-11-15 00:48 | |
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Crypto.com Accidentally Sent $400M Worth Of ETH – But It’s Not The First Time They Are Making Such An Error
The error sparked a wave of fear over the future of the exchange, which the firm’s CEO has downplayed. дальше »2022-11-15 23:43 | |
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Bitcoin Mining Firm Canaan Sees 74.8% Decline in Profit for Third Quarter as BTC Price Declines
Chinese ASIC-maker Canaan Creative announced a 74.8% drop in gross profit for the third quarter as Bitcoin prices pressure profitability. The post Bitcoin Mining Firm Canaan Sees 74.8% Decline in Profit for Third Quarter as BTC Price Declines appeared first on BeInCrypto. дальше »
2022-11-15 21:15 | |
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Argentinian government says Sam Bankman-Fried is not in their country
Sam Bankman-Fried, the CEO of the failed cryptocurrency firm FTX, is rumored to be a United States fugitive. According to some anonymous sources to infobae, Sam escaped to Argentina after filing for bankruptcy yesterday. дальше »
2022-11-14 01:00 | |
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Crypto exchange BitCoke experienced difficulty in withdrawing funds
BitCoke seems to have had issues with withdrawals which led to the suspension of some activities in the firm for a period of time yesterday. According to an announcement today on BitCoke’s official Twitter account, the company suspended withdrawals from… дальше »
2022-11-14 18:05 | |
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TRM Labs: a digital asset compliance firm revolutionizing Web3
TRM Labs provides blockchain intelligence to help financial institutions and government agencies identify and prevent fraud related to crypto. The platform is constantly looking for new ways to improve the efficiency and effectiveness of its financial system. Over the past… дальше »
2022-11-14 17:40 | |
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Celsius' extended exposure to FTX and Alameda Research could leave CEL here
Celsius Network confirmed exposures to FTX exchange and trading firm Alameda Research Negative sentiments continue to trail CEL as investors believe the price will fall further The now-collaThe post Celsius' extended exposure to FTX and Alameda Research could leave CEL here appeared first on AMBCrypto. дальше »
2022-11-13 02:30 | |
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Ripple Lawsuit: SEC’s Win Against This Blockchain Firm in High-Profile Securities Case Unnerves XRP Army
Ripple adherents have continued to fret over a recent U.S. Securities and Exchange Commission(SEC) win in a securities lawsuit filed against blockchain-based file-sharing network LBRY. дальше »2022-11-13 16:28 | |
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SkyBridge founder plans to buy back 30% stake FTX, appeals to SBF to come clean
SkyBridge Capital founder Anthony Scaramucci told CNBC on Friday that the company is trying to buy back the stake FTX had acquired in the alternative investment firm. The post SkyBridge founder plans to buy back 30% stake FTX, appeals to SBF to come clean appeared first on CryptoSlate. дальше »
2022-11-12 01:19 | |
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Meet the Metaverse Nightclub–Loving Audit Firm That Presided Over FTX’s Financials
FTX auditor Prager Metis reported the company earned $1 billion in revenues in 2021. An investigation from CoinDesk reveals Prager Metis also operates in Decentraland, where it sponsors the “Decentraland Babydolls.” дальше »
2022-11-12 23:36 | |
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Binance CEO expects more regulatory scrutiny following FTX implosion
Binance CEO Changpeng Zhao said his firm backed out of the FTX deal because it did not make sense and the huge financial hole they would have had to cover. The post Binance CEO expects more regulatory scrutiny following FTX implosion appeared first on CryptoSlate. дальше »
2022-11-12 20:34 | |
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