Major VC Firm Sequoia Capital Marks FTX Investment to $0 — Says ‘Liquidity Crunch Has Created Solvency Risk for FTX’
Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent...
TheCryptoNewsWire
Bitcoin Price Outlook for November — FTX Crisis Fuels Bearish Momentum
It’s fair to say that the first ten days of November have been nothing short of historic in cryptocurrency markets....
Binance Shares Hot and Cold Wallet Crypto Addresses and Details About the SAFU Fund
After disclosing the trading platform Binance would share proof-of-reserves, the exchange published a blog post called “Our Commitment To Transparency.”...
Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors
On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to...
82% of Tether reserves held in ‘extremely liquid’ assets, according to attestation
The USDT issuer had total assets of $68.06 billion at the end of the third quarter, exceeding its total liabilities...
Republican lawmaker claims SEC chair was coordinating with FTX ‘to obtain regulatory monopoly’
Minnesota Representative Tom Emmer did not provide any evidence to his claim Gary Gensler was "helping SBF and FTX work...
The Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury
The payments operator responded to a Treasury inquiry related to the presidential executive order with an appeal to keep bank...
Bitcoin price gains $1K in minutes as CPI data deals DXY fresh 2% dip
Wild volatility continues for Bitcoin and altcoins as the lowest CPI readout since January pummels the dollar. Bitcoin (BTC) surged...
Should College Students Engage in the Cryptocurrency Market?
When you are in college is a good time to begin investing. The majority of college students have part-time jobs, and...
US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX
"FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine...
Breaking: FTX appears to have resumed withdrawals, blockchain data shows
Transactions appear to be leaving the FTX hot wallet at a rate in the single digits per minute. According to...
Japan’s financial regulator requests FTX Japan halt operations
Under the orders, FTX Japan will be required to suspend OTC derivatives transactions and related margins as well as new...
Report: Tether freezes $46M of FTX’s USDT, setting new precedent
Tether has thus far only frozen USDT funds held in private wallets when requested by law enforcement. According to blockchain...
Biggest Movers: LUNC 13% Higher, as US CPI Boosts Crypto Markets
Terra classic has been one of Thursday’s biggest gainers, as crypto markets found light in the form of the latest...
Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens
Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s...
