Today, almost all major stablecoins de-pegged from their basic currencies, here's why Traders are aggressively shifting their funds to stablecoins as the Alameda/FTX/Binance play enters its most dangerous phase. However, even USD-based assets today are
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SEC chairman has likened FTX to Luna, stating that crypto investors need more protection During his recent appearance on CNBC’s Squawk Box show, SEC boss Gary Gensler came under question about the agency’s investigation into
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Shocking downfall of second biggest cryptocurrency exchange has been compared to Lehman Brothers, Enron and, of course, Theranos during his Thursday Attendance On CNBC’s “Squawk Box,” Galaxy Digital CEO Mike Novogratz compared the troubled FTX
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Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s market fluctuations have affected the decentralized finance (defi) protocol Curve’s 3pool, as the stablecoin pool
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Several altcoins were posting mild increases alongside sudden gain in Bitcoin's price At the time of publication, major cryptocurrencies Cardano (ADA), XRP (XRP), Shiba Inu (SHIB) and Polygon (MATIC) were seen posting gains of between
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Influencer gets thumbs up from Ripple CTO after predicting FTX crash, shares new forecast Crypto Influencer Ben “Bitboy” Armstrong suggested Buying on the crypto market should be avoided until there is a better understanding of
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Following Binance’s backing from the FTX acquisition deal, Justin Sun, founder of the Tron ecosystem and Grenada’s ambassador to the WTO, announced that they are working on a solution to address the liquidity crunch. Sun
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According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto
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FTX Token (FTT) price witnessed a gigantic drop of nearly 85% in the past trading day, slashing the price from above $25 to as low as $2.5. The huge drop was led primarily due to
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According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawals. Furthermore,
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