Tag: FTX

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Exchange News

Crypto Exchange Kraken Lays Off Over 1,000 Employees

Kraken – a popular digital currency trading platform based in northern California – is laying off more than 1,000 employees as it attempts to...
Bitcoin News

European Central Bank: Bitcoin Is Quickly Becoming Irrelevant

The European Central Bank has issued a statement claiming that bitcoin is on its way out and closely approaching “irrelevance.” The European Central Bank Is...
Exchange News

The Gemini Exchange Has Halted Withdrawals

The Gemini Exchange in New York – headed by the Winklevoss Twins – has halted all withdrawals, sparking rumors that the company could be...
Bitcoin News

Singapore Takes Big Measures to Protect Crypto Holders

When it comes to risky assets like crypto, Singapore banks are no longer required to hold 1:1 in collateral, but rather 1.25:1. What this...
Bitcoin News

Cynthia Lummis: Congress Needs to Pay Attention to Crypto

Republican Senator of Wyoming Cynthia Lummis says what happened with FTX is exactly why Congress needs to begin paying attention to cryptocurrency. She cited...
Exchange News

Block Fi Is the Latest Crypto Company to Go Bankrupt

It’s happened again, folks. Another digital currency company has filed for bankruptcy protection. This time, it’s Block Fi, a crypto lending platform, which was...
Exchange News

Report: Crypto Firm DCG Is Contending with Tons of Debt

DCG (Digital Currency Group) – the crypto company that owns Grayscale – is allegedly $2 billion in debt, giving traders and crypto analysts a...
Exchange News

Binance Pledges $2 Billion to “Save Crypto”

Changpeng Zhao – the man behind famed digital currency exchange Binance – has pledged roughly $2 billion to help save the digital currency arena. Binance...
Bitcoin News

Tom Lee: FTX Shouldn’t Reflect on the Crypto Space

Tom Lee of Fundstrat fame believes that what happened with the now disgraced crypto exchange FTX should not reflect on bitcoin or the industry...
Bitcoin News

Matrix Port: Crypto Insurance Should Be a Regular Offering

Matrix Port – a crypto services provider – believes it’s time for all crypto custody firms and related businesses to begin offering insurance to...
Exchange News

MLB Ends Partnership with Fallen Crypto Exchange FTX

Major League Baseball (MLB) has announced it’s not looking to continue the deal it struck with now fallen crypto exchange FTX. The MLB Is Stepping...
Exchange News

Binance Offers Proof of Bitcoin Reserves to Calm Traders’ Fears

Binance, the world’s largest and most popular digital currency exchange, has announced a new program that will give all current and future crypto investors...
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