Nearly all of FTX’s sports and esports partners have bolted for the doors as the exchange implodes….
Continue reading on https://decrypt.co/114975/crypto-sports-marketing-deals-crumbling-cancelled-failed-ftx
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As the collapse of major exchange FTX continues to fuel a bearish mood throughout the cryptosphere, US Treasury Secretary Janet Yellen has called for the introduction of tighter regulations for the crypto industry.
“The recent failure of a major cryptocurrency exchange and the unfortunate impact that has resulted for holders and investors of crypto assets demonstrate the need for more effective oversight of cryptocurrency markets,” the official said in a statement. …
Read More: US Treasury Secretary Janet Yellen Says Crypto Markets Need More ‘Effective Oversight’ Following FTX Implosion…
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$4 billion in FTT tracked from Alameda to FTX aligns with reports of a loan—using customers funds—from the exchange to the trading desk….
Continue reading on https://decrypt.co/114985/ftx-catastrophe-linked-terra-collapse
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New FTX CEO John Ray reveals today in a court declaration “the complete failure of corporate controls” at bankrupt crypto exchange FTX.
FTX CEO John Ray lays bare the enormity of the task he faces in finding and securing the property of the debtors as the liquidators seek to unravel the governance and management nightmare that is FTX….
Read More: FTX Latest - Crypto Prices Stable as New CEO Condemns ‘Complete Failure’. Here’s the Shocking Mismanagement Laid Bare…
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The price of Binance coin (BNB) has fallen to $266.46 today, representing a 2.5% drop in 24 hours. However, its current level marks a slight rise of 1% for the last seven days, with the exchange utility token having been affected by the ongoing FTX collapse….
Read More: Binance Coin Price Prediction as BNB Turns Green for the Week – Time to Buy?…
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Seven years into development, the blockchain system failed to meet the requirements for Australia’s biggest stock exchange ASX….
Continue reading on https://decrypt.co/114909/australias-biggest-stock-exchange-shelves-blockchain-project-writes-off-170m
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Crypto chaos is finally taking its toll on South Korean exchanges – with the crypto investment bank Genesis’ decision to pause redemptions and new loan offerings earlier this week disrupting services on the Gopax trading platform.
Platforms in the nation have – until very recently – appeared impervious to the ripple effects of the collapse of FTX, due in part to the fact that they do not issue coins of their own….
Read More: South Korean Crypto Exchange Gopax Services Hit by Genesis Disruption…
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“The legend is coming to Binance,” said the exchange.
Football giant Cristiano Ronaldo will be launching his non-fungible tokens (NFT) collection this Friday.
“My NFT collection is coming on November 18, exclusively on Binance,” said Ronaldo in a tweet. He added that fans can use a referral code to receive “a surprise when the collection drops.”…
Read More: Cristiano Ronaldo Launches NFT Collection With Binance Crypto Exchange…
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As collapsed exchange FTX is advancing through its voluntary Chapter 11 bankruptcy proceedings, some market observers are concerned over the risk of a broader contagion spreading across the crypto ecosystem, according to Joseph Ayoub, an analyst at international financial industry player Citi….
Read More: Citi Analyst Joseph Ayoub Warns of Serious Contagion Risks From FTX Implosion, Here’s What Could Happen…
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Shockwaves have continued to roar across the cryptocurrency market following the demise of FTX, one of the largest cryptocurrency exchanges in the world. Investors and businesses exposed to the now-bankrupt platform have no option but to write off their losses and figure their way out of this unfortunate event….
Read More: Best Crypto to Buy Now 16 November D2T, CHZ, TARO, ALGO, RIA…
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