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Tag: bitcoin

Posted on 21/11/2022

Crypto Analyst Who Predicted Bitcoin Collapse Now Says ‘Drop To Lower Levels Will Happen In Near-Term’

The widening fallout from FTX has impacted the cryptocurrency market. Apex crypto Bitcoin (CRYPTO: BTC) was trading below the $17,000 mark on Sunday. At the time of writing, BTC was trading at $16,567 ...

Posted on 21/11/2022

This Week on Crypto Twitter: Further FTX Fallout

Twitter served as a public confessional where the many crypto companies affected by FTX’s sudden, historic collapse came forward to declare just how much exposure they had to the bankrupt exchange.

Posted on 21/11/2022

Crypto: new asset, old problem

The demise of FTX mirrors any number of traditional financial meltdowns in the past

Posted on 20/11/2022

Joe Biden Leads ‘Critical’ Call For Game-Changing, Global Bitcoin And Crypto Rules After Shock FTX Collapse

G20 leaders called the need for international rules to govern the fast-growing bitcoin and crypto space "critical" and said potential risks to "financial stability" needed to be ...

Posted on 20/11/2022

Washington watchdogs outgunned in crypto’s Wild West

The oversight gaps that allowed for the disastrous failure of FTX underscore the deep risks of trading on unregulated digital currency exchanges.

Posted on 20/11/2022

Crypto Bank Silvergate Battles FTX Contagion Fears

The bank’s shares have plummeted even as Silvergate takes steps to reassure investors of its stability amid FTX’s collapse.

Posted on 20/11/2022

How Caroline Ellison Found Herself at the Center of the FTX Crypto Collapse

Alameda and crypto exchange FTX were both the brainchild of Sam Bankman-Fried, and he picked her to help lead Alameda. For a time, they rode the crypto wave together. This month, it all came crashing ...

Posted on 20/11/2022

Japan PM Kishida sacks scandal-hit internal affairs minister

Terada's departure is a fresh blow to Kishida as he became the third Cabinet minister to go in under one month. Two other ministers left their posts as the result of a gaffe or close ties to the ...

Posted on 20/11/2022

Ethereum Co-Founder Warns Against Singapore’s Crypto Regulations

Singapore’s ambition to become a hub for digital assets might not work out because of its skeptical approach toward cryptocurrencies, Vitalik Buterin, co-founder of the Ethereum blockchain platform, said.

Posted on 20/11/2022

Here’s who’s been trading crypto, and how they’re doing

A new study finds that most people who entered the cryptocurrency market have lost money -- and that those people are young men.

Posted on 20/11/2022

Crypto’s FTX placed a big bet on the Democrats

Founder Sam Bankman-Fried was the party's biggest donor behind George Soros.

Posted on 20/11/2022

Investor Studied Crypto For Years, Then Missed FTX’s Red Flags

When Sam Bankman-Fried was all of 25 years old, he pitched his nascent crypto investment business to Silicon Valley investors -- only for them to laugh at him and his acolytes over their lack of ...

Posted on 20/11/2022

How Did SBF Convince West Africans Crypto Was Their Future?

Rather than Tom Brady and Larry David, several famous Nollywood actresses and local influencers appeared in a commercial filmed by FTX Africa; instead of giving $500 in crypto to fans at a Miami Heat game in the venue now formerly known as FTX Arena,

Posted on 20/11/2022

Binance has a plan to save crypto—if it’s not too late

We cannot let a few bad actors sully the reputation of this industry when it’s still in its infancy,” CZ wrote. In the past week, many other crypto exchanges have followed suit. Bitfinex, Crypto.com,

Posted on 20/11/2022

Japan’s social publishing platform Note files for IPO

Tokyo-based Note, the Japanese startup behind a social publishing platform under the same name, announced on Friday that its initial listing application on the Tokyo Stock Exchange had been ...

Posted on 19/11/2022

New FTX chief says crypto group will pursue reorganisation or sale

Collapsed crypto exchange FTX will attempt to sell or reorganise its businesses, its new chief executive said on Saturday as the company prepared to appear before a US bankruptcy court. “Based on our review over the past week,

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