Tag: FTX

FTX website comes back online with message advising against deposits

Financially-troubled crypto exchange FTX has brought its website back online following a period of intermittent downtime โ€” with the trading platform now sporting a banner confirming withdrawals are halted and advising users against depositing. The FTX website returned online at approximately 9:00 pm UTCย  on Nov. 9, after encountering five separate periods of network downtime spanning over two hours, according to the โ€œIS IT DOWN OR JUST MEโ€ website. The crypto community on Twitter has also noticed a new bright red banner that can be seen throughout the website that…

FTX Exposure Limited, Says Venture Capital Giant Sequoia

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FTX Acquisition And Crypto Crash Is Bad For The Community, Says CZ Binance

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CEO Changpeng Zhao (CZ) gave statements to clarify the air amid the FTX ordeal and circumstances surrounding its acquisition by Binance. On Tuesday, FTT, the FTX native token, went to ruins with over 73% decline. It happened after the exchange liquidated its Ethereum holdings to mitigate its insolvency crisis. Before the crisis became known, the CEO of FTX, Bankman-Fried, debunked rumors of the firmโ€™s financial pressure. He said the firmโ€™s asset remains okay, and there was no threat of insolvency. However, yesterday, Bankman-Fried went on Twitter to reveal FTXโ€™s financial…

Solana TVL drops 32.4% as FTX turmoil rocks ecosystem

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The total value locked (TVL) on the Solana chain has plummeted 32.4% in the last 24 hours, as news stemming from the collapse of FTX has sent waves through the crypto ecosystem.ย  According to DefiLlama, at the time of writing, Solanaโ€™s TVL has fallen to $423.68 million, down 32.4% in the last 24 hours, a far cry from its all-time-high (ATH) of $10.17 billion on Nov. 9, 2021. Total value locked within the Solana ecosystem Source: DefiLlama TVL measures the total value of all assets locked into DeFi protocols. As…

Singaporeโ€™s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX โ€“ Bitcoin News

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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 Binanceโ€™s plans to bail out the crypto trading firm. Singaporeโ€™s state investor has been known to have invested in the cryptocurrency and blockchain industry for quite some time now. Singaporean State Holding Company Temasek Helped Fuel FTXโ€™s Series B and C Funding Rounds, Spokesperson Says Company Is Engaging With FTX On Nov. 9, 2022, The Straits Times (TST) business correspondent Claire Huang…

Crypto Stocks Continue Drop as Binance Walks Away from FTX Deal

Shares of tech firm MicroStrategy (MSTR, which holds about 130,000 bitcoins, fell 20% Wednesday. Crypto exchange Coinbase (COIN) dropped 9.5%. Crypto-focused bank Silvergate (SI) declined 12%, while financial services firm Galaxy Digital (GLXY.TO) fell 16% in Toronto stock exchange. The stocks of bitcoin miners such as Riot Blockchain (RIOT) and Marathon Digital (MARA) also took a hit. Source

Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’ โ€“ Bitcoin News

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Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an โ€œexposure of approximately $76.8 million of cash and digital assets to FTX.โ€ 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

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io ๐Ÿ’ก NOCH FRAGEN? Schreib ein Kommentar und starte eine Diskussion! ๐Ÿ‘‹ ABONNIEREN! Abonnier jetzt um nichts zu verpassen! ๐Ÿค MEHR CONTENT? Folg mir auf Twitter โžŸ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ โฑ Timestamps 00:00 – Intro 00:39 – US-Inflationsrekord: 8,6% US YoY CPI 06:41 – Bitcoin Hash Ribbon Inversion 08:18 – Telegram Leak รผber 100 GB Daten 10:25 – Meine persรถnliche Einschรคtzung 14:16 – Mein wichtigster Tipp ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ๐Ÿ“œ Disclaimer: Keine Anlageberatung im Sinne des WpHG Sรคmtliche Inhalte dienen einzig der Information und Unterhaltung und spiegeln…

Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’ โ€“ Bitcoin News

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Whistleblower and former NSA contractor, Edward Snowden, has been very vocal about the crypto economy in recent times. After publishing a copy of Bitcoinโ€™s white paper on Twitter on the documentโ€™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 โ€œcustodial exchanges were a mistake.โ€ After Feuding With the Self-Proclaimed Satoshi, Edward Snowden Blasts Troubled Crypto Exchange FTX and Sam Bankman-Friedโ€™s Now-Deleted Tweets Edward Snowden…