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In Business

Tether Says It Has No Exposure To Genesis Global Or Gemini Earn

16 Nov 2022

The stablecoin operator said the reliability of its reserves is important to highlight “at a time like this.” Tether has historically had issues with transparency...

In Business

Trezor Reports 300% Surge In Sales Revenue Due To FTX Contagion

15 Nov 2022

The hardware wallet firm is certain that the latest uptick in demand is a result of investors rescuing their funds in the aftermath of the FTX failure.

Amid...

In Business

FTX US Suspends Withdrawals, According To On-chain Data

11 Nov 2022

The development comes less than twenty-four hours after the platform issued an advisory urging its users to close down trading positions

Following an announ...

In Business

FTX Customers Attempt Roundabout Ways To Withdraw Their Funds In Bahamas

11 Nov 2022

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.

In Business

FTX Collapse: The Crypto Industry’s Lehman Brothers Moment

11 Nov 2022

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.

The world’...

In Business

FTX Token, BNB And Solana Soar After Binance CEO Inks Potential Deal To Acquire FTX

09 Nov 2022

SOL and FTX Token saw a sharp rebound after headlines that Binance would acquire FTX due to liquidity issues, but will the upside last?

FTX Token FT...

In Business

Binance CEO Announces Intent To Acquire FTX To ‘help Cover The Liquidity Crunch’

09 Nov 2022

FTX CEO Sam Bankman-Fried called the news a “user-centric development that benefits the entire industry.”

Following Binance CEO Changpeng Zhao’s announcemen...

In Business

What Musk’s Twitter Acquisition Could Mean For Social Media Crypto Adoption

07 Nov 2022

A growing number of social media platforms have been integrating crypto and Web3 support, but opinions are divided on whether they are in it for the ethos or prof...

In Business

Binance To Liquidate Its Entire FTX Token Holdings After ‘recent Revelations’

07 Nov 2022

Binance CEO Changpeng Zhao cited “recent revelations” as the reason for the liquidation, noting the sale of its tokens could take months to complete due to the si...

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