In a remarkable turn of events, the price of FTT, the native cryptocurrency of FTX exchange, soared by nearly 85% following a statement from the U.S. Securities and Exchange Commission (SEC) Chairman,…
Tag: FTX
Sàn giao dịch FTX
Impact of Circle’s Failed Withdrawal on the Crypto Industry
The crypto industry was recently rocked by news that USD Coin (USDC) issuer Circle was unable to withdraw $3.3 billion of its $40 billion reserves from Silicon Valley Bank (SVB). This caused…
Bybit Suspends USD Deposits: A Major Setback for the Crypto Industry
The crypto industry is facing a major setback as Dubai-based crypto exchange Bybit has suspended United States dollar deposits via bank transfers due to “service outages from a partner.” Funds can be…
The Rise of Decentralized Exchanges: Tim Shan’s Thoughts on the Debate
The debate between centralized and decentralized exchanges has been ongoing for some time now, with proponents of decentralized platforms claiming that user experience on these platforms has improved significantly. Tim Shan, the…
Visa and Mastercard Halt New Crypto Partnerships: What Does This Mean for the Industry?
The cryptocurrency industry has been abuzz with news that Visa and Mastercard, two of the world’s largest payment services companies, are halting new partnerships with cryptocurrency firms. According to a recent report…
Folkvang: Standing Strong After the FTX Exchange Collapse
The cryptocurrency industry is still feeling the effects of the FTX exchange collapse that occurred more than three months ago. Despite the major blow that Folkvang, a market-neutral, Singapore-based trading firm, suffered…
Solana Blockchain Resilience in the Face of FTX Collapse: A Coinbase Research Report
The crypto market has been in a state of flux in 2022, and the collapse of FTX had a significant impact on the Solana blockchain ecosystem. Despite the perceived linkages between the…
Interim Agreement Reached in Dispute Over $445 Million of Loan Payments Between Voyager and FTX
The dispute between bankrupt crypto lender Voyager and crypto exchange FTX over $445 million of loan payments has reached an interim agreement. According to filings from Wednesday, Voyager will keep hold of…
Volatility in Crypto Markets: Traditional Markets Remain Stable
Cryptocurrency markets have been volatile in recent weeks, with the CoinDesk Market Index (CMI) down 1.8% and Bitcoin (BTC) down 1.0%. Ethereum (ETH) has also seen a 2.1% drop, while traditional markets…
Investigating FTX’s Proposal: Depositions of FTX and Alameda Research Executives Scheduled for Next Week
Top executives from FTX and Alameda Research have been subpoenaed by Voyager Digital’s unsecured creditors’ committee and are scheduled to appear next week remotely for deposition. This comes after FTX attempted to…