The U.S. Department of Justice is looking into crypto exchange FTX after its apparent collapse, the Wall Street Journal reported Wednesday. Source
FTX Faces US Justice Department Probe: Report
Day: November 9, 2022
DeFi Exchange Platform dYdX Places Solana in ‘Close Only’ Mode
Though dYdX will continue allowing users to close out their positions, the announcement that it would disallow some kinds of trades – even to protect users – led to attacks from some who believe a “decentralized” platform shouldn’t be able to curtail user activity. Original Source CloseDeFidYdXExchangeModePlacesPlatformSolana CryptoX Portal
DeFi Exchange Platform dYdX Places Solana in “Close Only” Mode
Though dYdX will continue allowing users to close out their positions, the announcement that it would curtain some kinds of trades – even to protect users – led to attacks from some who believe a “decentralized” platform shouldn’t be able to curtail user activity. Source
Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’ – Bitcoin News
Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets to FTX.” The news follows a great number of exchange executives announcing that they had zero material exposure to the troubled exchange. Galaxy Digital Has Close to $77 Million in FTX Exposure After Galaxy Digital was dealt with a blow from the Terra blockchain fallout and UST depegging event, the company has revealed exposure to the embattled crypto exchange FTX.…
Bitcoin CRASH wegen neuem INFLATIONSREKORD! 8,6% neues ATH! | Crypto News
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 💡 NOCH FRAGEN? Schreib ein Kommentar und starte eine Diskussion! 👋 ABONNIEREN! Abonnier jetzt um nichts zu verpassen! 🤍 MEHR CONTENT? Folg mir auf Twitter ➟ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⏱ Timestamps 00:00 – Intro 00:39 – US-Inflationsrekord: 8,6% US YoY CPI 06:41 – Bitcoin Hash Ribbon Inversion 08:18 – Telegram Leak über 100 GB Daten 10:25 – Meine persönliche Einschätzung 14:16 – Mein wichtigster Tipp ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 📜 Disclaimer: Keine Anlageberatung im Sinne des WpHG Sämtliche Inhalte dienen einzig der Information und Unterhaltung und spiegeln…
OpenSea Makes Waves: Says Creator Royalties Will Be Enforced
“The world is otherwise burning, but we decided this couldn’t wait,” a representative from OpenSea told CoinDesk. Source
8 Days in November: What Led to FTX’s Sudden Collapse
Financier and influencer Sam Bankman-Fried flew exceptionally high during the pandemic-driven crypto bull market. Here’s what led to his fall, and why it matters for the industry’s future. Source
A Failed FTX-Binance Deal Is ‘Catastrophic’ for Crypto Sector
However, it may not be a total exodus for institutional investors as they already have a large presence into the sector. “Whatever the outcome is, I don’t think it will lead to institutional investors significantly pulling money from the sector,” said Kevin March, co-founder of cryptocurrency prime brokerage firm Floating Point Group. “Anyone that is here right now, is here to stay … We’re still having conversations with institutions who are interested and trying to figure out how to enter the space this week despite the backdrop,” he added. Source
Bitcoin price hits multi-year low at $15.6K, analysts expect further downside
Investor sentiment in the crypto market is floundering after Binance decided to nix its agreement with FTX to purchase the distressed cryptocurrency exchange. The events have sent Bitcoin to a new yearly low, while other altcoins have also taken a sharp downturn. Data from Cointelegraph shows Bitcoin (BTC) declining to $15,698 amid the chaos caused by FTX’s potential insolvency and the failure of the Binance deal. Analysts are turning to technical charts to try and find the next price path. Analyst expects downside continuation with brief support at $12K Independent…
Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’ – Bitcoin News
Whistleblower and former NSA contractor, Edward Snowden, has been very vocal about the crypto economy in recent times. After publishing a copy of Bitcoin’s white paper on Twitter on the document’s 14th birthday, Snowden had some words with Craig Wright, the man who claims to be Satoshi Nakamoto. Following the news tied to the troubled crypto exchange FTX, Snowden added his two cents and said “custodial exchanges were a mistake.” After Feuding With the Self-Proclaimed Satoshi, Edward Snowden Blasts Troubled Crypto Exchange FTX and Sam Bankman-Fried’s Now-Deleted Tweets Edward Snowden…