Will the Ongoing FTX Contagion Accelerate Acts on Crypto Regulation?
Crypto lending investment bank Genesis Global Trading now temporarily stops user withdrawal and new loan initiation due to the FTX collapse.
Amber Peng
Amber (Qianqian) Peng is a crypto content writer, occasionally a crypto trader. She holds a B.A. degree in Economics from Miami University. She is a big fan of Bitcoin and has interests in macroeconomics.
Bankman-Fried Donated Millions on Democrat Campaigns
The well-known collapse of FTX, led by Sam Bankman-Fried (SBF) might have a significant impact on US politics. Dozens of congressional candidates received financial support from Sam Bankman-Fried. Most of these candidates are Democrats.
Crypto.com CEO Understates Concerns Over FTX Contagion
The CEO of cryptocurrency exchange Crypto.com Kris Marszalek attended an AMA session today on YouTube to reassure customers of his platform.
FTX Chain Reaction: Crypto Lender BlockFi Stops User Withdrawals
At 8:00 PM EST last night, crypto lender BlockFi tweeted that: "Given the lack of clarity on the status of FTX.com, FTX US and Alameda, we are not able to operate business as usual.", "Our priority has been and will continue to be to protect our clients and their interests."
Sam Bankman-Fried Takes All the Blame on Himself for FTX, Here is the Update
FTX's CEO and founder Sam Bankman-Fried (SBF) tweeted earlier today that he is sorry about the collapse of FTX, admitting that he messed up and "should have done better."
Will Binance Drop Out of the FTX Deal?
Binance announced they agreed to buy FTX to save its users from the liquidity crisis yesterday. But guess what? Today, there are rumors saying that Binance might drop the deal after reviewing the FTX's order book and other financial metrics.
What’s the Future of FTX’s Gaming & NFT with Binance’s Acquisition
The biggest news in crypto today - Binance has agreed to buy FTX since FTX had a liquidity-related crisis. This news led FTX's native token FTT price plunged 76.30% compared to yesterday. Regarding Binance's acquisition, a lot of people are questioning what this deal means for FTX's gaming and NFT businesses.
MATIC Crypto: Polygon’s Price Rally
When other cryptocurrencies are suffering from the red zone, Polygon (MATIC) has been having a sustained price rally in the past few days. This is due to the positive news related to MATIC and its advanced scaling system. Investors reacted…
Why Mask Network Token Jumped 114% in the Past 7 Days
Binance has announced on November 2 that they will launch the Bluebird Index perpetual contracts with up to 25x leverage. So what's so special about this index? And what does it have to do with Twitter?
Fidelity Provides BTC and ETH Trading with Zero Commission for Individual Investors
Multinational financial services corporation Fidelity Investments is launching their new trading product on Thursday. It is essentially offering zero-commission trading services for retail investors. Since cryptocurrency is still new to most traditional finance companies, Fidelity Crypto will start with focusing on BTC and ETH only.
Following the Dogecoin Craze: Wrapped DOGE
Digital asset trust and security company, BitGo has announced on Wednesday that they will introduce a wrapped version of Dogecoin (wDOGE) to the Ethereum blockchain. So what does wrapped Dogecoin mean? It is essentially a tokenized representation of another cryptocurrency.
MakerDAO Co-Founder Nikolai Mushegian Dies at 29
Nikolai Mushegian is the co-founder of the crypto lending platform MakerDAO. He was found dead a week ago in Puerto Rico. Mushegian is one of the many important people in the cryptocurrency community. Besides MakerDAO, he contributed to Bitshares and Balancers.
Terra Co-Founder Do Kwon’s Legal Headache: A $57M Class-Action Lawsuit in Singapore
Back in mid May, Terra’s community witnessed the collapse of Luna. Following that, Luna revives and passes the proposal of the new tax burn mechanism. This week, a hearing about a class-action lawsuit brought against Terraform Labs CEO Do Kwon…
Twitter’s New Experiment: NFT Tweet Tiles
Along with other social media like Meta, Twitter may integrate NFT on the platform in the future. Twitter was officially acquired by Elon Musk and announced that they are rolling out an experimental feature which displays NFT listings when users tweet a link to them. Only if they come from one of Twitter's partner marketplaces though.
Dogecoin Price Up Before Elon Musk’s Twitter Acquisition
Just a day before the official purchase of Twitter on Friday, Elon Musk, the founder of Tesla, tweeted about his motivations and thoughts on the purchase of social media giant - Twitter. And the price of DOGE has reflected the news.