Latest news about blockchain and cryptocurrencies
Gemini went down today for less than an hour after announcing its lending partner was pausing withdrawals….
Continue reading on https://decrypt.co/114843/gemini-exchange-outage-spooks-investors
Read more →Sam Bankman-Fried is facing a class action lawsuit from FTX investors alleging the firm’s yield-bearing crypto accounts broke Florida laws….
Continue reading on https://decrypt.co/114826/ftx-lawsuit-takes-aim-larry-david-tom-brady-promoting-crypto-exchange
Read more →FTX’s largest-disclosed sponsorship is on pause after the exchange declared bankruptcy on Friday….
Continue reading on https://decrypt.co/114821/tsm-suspends-210m-ftx-naming-rights-deal
Read more →Crypto exchange Gemini announced that there may be withdrawal delays to its Earn product due to its lending partner halting withdrawals….
Continue reading on https://decrypt.co/114801/gemini-earn-warns-customers-likely-withdrawal-delays-due-genesis-lending-pause
Read more →Berkshire Hathaway’s Vice Chairman Charlie Munger has long voiced his criticism of crypto, with a particular focus on bitcoin (BTC). Unsurprisingly, the ongoing market downturn and the abrupt collapse of major exchange FTX have further pushed the investor over the brink…. Read More: Billionaire Charlie Munger Condemns Cryptocurrencies Following FTX Collapse, Says ‘I Think It’s Totally Crazy’…
Read more →The FTX contagion keeps spreading. Among the most recently affected companies is Liquid exchange, which has now suspended withdrawals from its platform. The company said on Twitter that, “Fiat and crypto withdrawals have been suspended on Liquid Global in compliance with the requirements of voluntary Chapter 11 proceedings in the United States.”… Read More: FTX Contagion: This Crypto Currency Exchange Just Suspended Withdrawals…
Read more →With some of the biggest names in the crypto exchange game apparently teetering on the cusp of bankruptcy, attention in South Korea is turning to domestic trading platforms. And some are suggesting that the nation’s sector may be safe from insolvency – at least for the time being. Per a report from the newspaper Kookmin Ilbo, there are some key differences between the likes of FTX and domestic heavy hitters like the “big four” platforms: Upbit, Bithumb, Korbit, and Coinone…. Read More: Could South Korean Crypto Exchanges Be Safe from Bankruptcy Risk?…
Read more →Battle Infinity is set to launch its decentralized exchange (DEX) on November 16. For interested investors, here’s what you would want to know: Earlier this week, the developers of the Battle Infinity blockchain game confirmed that they would be launching Battle Swap, a decentralized exchange that is supposed to be part of the entire gaming ecosystem. … Read More: Battle Infinity New DEX Launching Tomorrow – Here’s What You Need to Know…
Read more →The crypto asset manager Ikigai has admitted that it held “a large majority” of its assets on the now-defunct crypto exchange FTX, saying it “got very little out” before the collapse. But the company is far from only one with exposure to Sam Bankman-Fried’s once-mighty empire…. Read More: This Crypto Asset Management Firm Says ‘Large Majority’ of Funds are Stuck on FTX – Who Else Was Affected?…
Read more →In less than a week, one of the largest and most trusted crypto exchanges went up in flames, along with its crypto celebrity founder and CEO Sam Bankman-Fried. Dan Roberts, Stacy Elliott, and Kate Irwin walk you through exactly how it happened, what it means for you, their own takes on the most interesting subplots, and what we can learn from it all. Plus: We review some comments SBF and CZ made on this podcast that look remarkable in hindsight. Watch Episode 23 of the gm podcast and make sure to subscribe on Apple or Spotify….
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