Tag: FTX

Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’ – 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 “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…

Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’ – 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 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…

Binance Backs Out of FTX Acquisition, Cites Crypto Exchange’s Balance Sheet and Pending US Investigations

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Global crypto giant Binance says it’s decided not to acquire the embattled digital asset exchange FTX. In a series of tweets, Binance lays out its reasoning for rapidly deciding not to pursue the deal. “As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of FTX. In the beginning, our hope was to be able to support FTX’s customers to provide liquidity, but the issues are…

With FTX Bloodied, Rival in US Regulatory Fight Adds Another Knife

An old-guard rival of FTX from the derivatives markets sought to drive a stake through its heart as the crypto company struggled to save itself from financial disaster on Wednesday. A subsidiary of Cboe Global Markets Inc. sent a letter on Wednesday to its customers – addressed as the “crypto community” – reminding them of its own customer-protection practices. Source

Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’ – Bitcoin News

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The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled customer funds,” Binance has decided not to pursue the FTX acquisition. Binance Drops the FTX Acquisition After the crypto exchange Binance revealed it would purchase FTX, the exchange has detailed it has backed out of the proposed deal. “As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations,…

Binance Pulls Out OF FTX Deal, Bitcoin Crashes Below $16,000

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Crypto exchange Binance is officially out of the FTX agreement. According to an official statement, the company won’t purchase its competitor. Via its official Twitter handle, Binance claims that regulatory pressure and other factors impacted their decision. The report claimed that the company reviewed FTX’s books and decided to walk out of their non-binding agreement. The company said: As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the…