News

Exchange Watch

ByGlobal DeskNovember 11, 2022November 11, 2022

Crypto Prices Crash as FTX Declares Bankruptcy, SBF Resigns – Winners and Losers

FTX’s desperate scramble for investors to repair its balance sheet has ended in bankruptcy. With regulators around the world freezing the troubled exchange’s assets,...

Exchange Watch

ByGlobal DeskNovember 11, 2022November 11, 2022

BlockFi Stops Withdrawals, Hinting FTX Mess Can Only Get Worse

BlockFi has been swept up in the widespread crypto reckoning, admitting it can’t function properly due to the ongoing FTX crisis BlockFi, the crypto...

News

ByGlobal DeskNovember 10, 2022November 10, 2022

Over 80,000 BTC Leaves Exchange Wallets as Traders Lose Confidence In Centralized Exchanges

The financial turmoil occasioned by the FTX liquidity crisis has led to investors withdrawing their Bitcoin from Centralized Exchange (CEX) wallets en masse as...

News

ByMarket DeskNovember 10, 2022November 10, 2022

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 an appeal to keep bank interests in sight when...

News

ByMarket DeskNovember 9, 2022November 9, 2022

Metaverse Dream Dead in the Water as Facebook Fires 11,000 META Employees

Mark Zuckerberg-led Meta (Facebook) has announced a massive layoff of 11,000 employees. Is the future gloomy for Metaverse or Virtual worlds? The co-founder and...

Exchange Watch

ByGlobal DeskNovember 9, 2022November 9, 2022

Crypto Exchange Watch: In Staff Letter, Binance CEO Embraces Scrutiny From Regulators Amid Potential FTX Deal

“People now think we are the biggest and will attack us more,” said Changpeng Zhao in a letter updating staff on the situation with...

Exchange Watch

ByGlobal DeskNovember 8, 2022November 8, 2022

Crypto Exchange Watch: Crypto Markets Initially Buoyed By Binance’s Deal To Buy Non-U.S. FTX

Crypto prices popped following the announcement of Binance’s blockbuster deal to acquire rival FTX.com. FTX’s FTT token jumped 38% to almost $20 at 11:12...

Exchange Watch

ByMarket DeskNovember 8, 2022November 8, 2022

Crypto Exchange Watch: Binance Triggers Liquidity Crisis, Then Acquires Bankman-Fried’s FTX

FTX native token FTT skyrocketed following the disclosure of an alleged Binance buyout Sam Bankman-Fried’s Twitter account has posted a thread claiming that Binance...

Exchange Watch

ByMarket DeskNovember 7, 2022November 9, 2022

FTT Drops 10% After Binance Vows to Dump Its Entire Stash of 23 Million FTX Tokens

Binance’s decision to liquidate Its entire FTT holdings pits two of the biggest crypto exchanges against each other. In a quick-paced turn of events...

AltCoins News

ByGlobal DeskNovember 7, 2022November 7, 2022

Google Becomes Solana Validator, SOL Ignites With 15% Increase

Solana (SOL) has painted its short-term price gauges in green after it responded positively to a recent development that involved its blockchain network and...