FTX

However, these aren’t regular reality, within the days following FTX’s 11 chapter submitting, stablecoin “dominance,” the sector’s share of general cryptocurrency market capitalization, elevated to 18%, an all-time Bitcoin (BTC), Ether (ETH), and most altcoins seemed…

Home Monetary Providers Committee Chair Maxine Waters mentioned 28 that lawmakers will discover the collapse of FTX on the 13 inquiry, anticipated to be the primary in a collection of hearings concerning the chapter of a significant crypto…

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In keeping with nightclub homeowners, younger, nerdy crypto bros went from lavishly spending on champagne showers and shopping for $50,000 tables at golf equipment to utterly vanishing from the nightlife Vimercati, director of meals and beverage on the Moxy…

In simply the final 24 hours, the European Central Financial institution (ECB) president Christine Lagarde referred to as regulation and supervision of crypto an “absolute necessity” for the European Union, whereas United States Home Monetary Companies Committee Chair Maxine Waters…

At a 28 listening to of the Committee on Financial and Financial Affairs of the European Parliament, Lagarde cited Fb’s Libra for instance of the ECB’s involvement which was “useful to cease a few of the gamers” from partaking…

The announcement got here from new FTX CEO John Ray III on 28, because the insolvency skilled seems to assist FTX and its approximated 101 affiliated firms (FTX Debtors) navigate their manner via the Chapter Court docket in…

Value drawdown from ATH in comparison with earlier bear marketsAn analogous occasion occurred through the 2018-19 bear market, which additionally noticed an 84% drawdown for 136 The 76% drawdown began in mid-November, so based mostly on historical past, this…

CryptoSlate evaluation of Glassnode knowledge on BTC’s common withdrawal value on prime exchanges like Coinbase, Gemini, Binance, FTX, and Bitfinex reveals an fascinating common withdrawal value throughout exchanges (Supply: Glassnode)The chart above confirmed that within the early days of…

BlockFi stated 28 that it filed for Chapter 11 chapter safety within the US Chapter Courtroom for the District of New Jersey and would search to get well all obligations owed to BlockFi by its counterparties, together with