The collapse of Sam Bankman-Fried’s crypto empire is likely to have repercussions beyond the crypto markets, according to Mike McGlone, senior commodity strategist at Bloomberg.
FTX Europe was one of roughly 130 companies in FTX Group which will be a part of bankruptcy proceedings in the United States.
After lecturing us about crypto regulation, Sam Bankman-Fried’s house of cards collapsed this week as FTX declared bankruptcy.
The emerging longevity sector is attracting many crypto natives, who can both benefit from it and contribute to it with blockchain tools.
FTX CEO Sam Bankman-Fried has resigned from his position but will “remain to assist in an orderly transition” before being succeeded by John Ray.
From buying Bahamas-based NFTs to offering bounties to FTX employees, users with balances stuck in FTX are trying whatever they can to withdraw their money.
Zane Tackett suggests alternatives to “boomer procedures” when it comes to FTX bankruptcy.
The collapse of FTX came as a surprise to many, but as more information pours in, it seems FTX’s liquidity crisis began sooner than many thought.
CoinTelegraph: Ethereum turns deflationary for the first time since the Merge — ETH price still risks 50% drop
A bearish technical setup and a declining number of Ether whales pose downside risks for ETH’s price.
Sandeep Nailwal, the co-founder of Polygon, encouraged Solana community members to keep on building.
A Bitcoin whale has moved 3,500 BTC to new wallets for the first time since 2011, changing the address format from P2PKH to P2SH.
CoinTelegraph: Traders take a neutral position after Ethereum futures contracts see massive liquidations
ETH price plummeted to a 4-month low at $1,070 after a wave of futures liquidations.
Deepak.eth, the founder of the blockchain infrastructure Chain, listed their NFT collection for sale on OpenSea starting at 8,000 ETH.
A joint effort is aimed at assessing the possible use of wholesale central bank digital currencies in cross-border transactions.