Latest news about blockchain and cryptocurrencies
The world’s largest crypto exchange Binance is forming an “industry recovery fund” to help projects overcome possible liquidity crises….
Continue reading on https://decrypt.co/114346/binance-ceo-announces-industry-recovery-fund-ftx-exchange-collapse
Read more →Cryptocurrency exchange Crypto.com mistakenly sent 320,000 ETH to a wallet address linked to Gate.io in late October. While the platform has since recovered the assets, Binance CEO Changpeng Zhao advised users that it is best they stay away from the platform. … Read More: Crypto.com Sends $400 Million Worth of Ethereum to Wrong Address, Binance CEO Warns Users to Stay Away…
Read more →The major crypto exchange Binance has revealed details about its reserves as nervousness started to spread in the crypto community following the collapse of rival exchange FTX. According to the information Binance has revealed so far, the exchange held the following digital assets as of November 10: In total, the current market value of these cryptoassets at the time of writing is close to $71bn…. Read More: Binance Provides Proof of Reserves in Response to FTX Collapse – This is How Much Money They Have…
Read more →FTX CEO Sam Bankman-Fried has sent apologies in his first series of tweets since the collapse of FTX. “I fucked up, and should have done better,” the CEO said. In his first series of tweets since Binance announced and then reversed an offer to buy troubled crypto exchange FTX, SBF apologized to everyone involved in the platform, acknowledging he had made mistakes and reiterating his commitment to doing right by users…. Read More: Sam Bankman-Fried Apologises, Tells Binance ‘You Won’…
Read more →Binance had originally received FTT tokens as part of its divestment from Sam Bankman-Fried’s exchange last year. But it’s only been able to sell off a small amount….
Continue reading on https://decrypt.co/114160/binance-ftx-ftt-token-supply
Read more →Some users were able to withdraw large amounts, including half a million worth of USDC sent to a wallet on Binance and $1.3 million USDC….
Continue reading on https://decrypt.co/114135/ftx-users-bahamas-exchange-withdrawals
Read more →Rumors spread earlier that El Salvador was holding its Bitcoin on the collapsing exchange….
Continue reading on https://decrypt.co/114130/el-salvador-president-denies-storing-bitcoin-on-ftx-binance-ceo
Read more →Binance Coin price, like most cryptocurrencies in the market, is feeling the pinch of the FTX liquidity crisis. The native exchange token lost 6.6% of its value overnight before rebounding and spiking past $300. If the price holds above $260 for a few days, BNB could quickly return to its former grace and close the gap to $400…. Read More: Binance Coin Price Prediction as BNB Stays Above $250 – Can it Spike to $400 soon?…
Read more →Amid the collapse of FTX exchange, leading cryptocurrencies in Bitcoin, Ethereum, Binance Coin, Polkadot, and Solana have continued to nosedive….
Continue reading on https://decrypt.co/114087/crypto-chaos-continues-market-overnight
Read more →Earlier this week, speculations around the liquidity crunch at FTX sent shock waves across the entire crypto industry. The news that Binance could potentially purchase FTX slightly saved the day, but when the exchange backed out of the deal yesterday, cryptocurrency prices went into a free fall. … Read More: Crypto Price Crash Update: Why Did FTX Fall? – Here’s What We Know Now…
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