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Crypto News

Fast coverage of the stories moving crypto markets.

UK Treasury Committee to probe Binance’s role in FTX collapse

UK lawmakers questioned why Binance revealed it was selling $500 million worth of FTT tokens and has asked the exchange to submit internal documents.

Oluwapelumi Adejumo 2 min read 4 years ago

Bear Market SOL +1.42%

Over $500M flew out of Solana in a week, DeFi TVL down 63%

While the total value locked in Solana DeFi has been falling throughout the year, it accelerated since the collapse of FTX.

2 min read 4 years ago

Bankruptcy BTC +0.36%

Bahamas supreme court appoints liquidators for FTX assets

FTX stated that it could potentially have more than one million creditors.

2 min read 4 years ago

Crime

SBF breaks cryptic silence, prepares to ‘talk about where we are today’

Former FTX CEO SBF has taken to Twitter to break his cryptic message trend and prepare to speak about the current state of affairs.

2 min read 4 years ago

Crypto

CryptoSlate Daily wMarket Update – Nov. 14: XRP leads flat top 10 performance

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

3 min read 4 years ago

Bankruptcy

FTX hacker begins possible Pump & Dump scam as troll messages & cryptic tokens sent to Uniswap

Deeper look at on-chain data shows the hacker has been sending messages to exchanges, Vitalik and Uniswap using tokens created within the past 24 hours.

2 min read 4 years ago

Bear Market

Solana Foundation reveals minimal exposure to FTX

FTX and Alameda had bought over 50 million SOL from the Solana Foundation between 2020 and 2021.

2 min read 4 years ago

Bankruptcy

Sam Bankman-Fried ends bizarre tweet thread and we are still none the wiser

The crypto community is puzzled by former FTX CEO Sam Bankman-Fried asking "What HAPPENED."

3 min read 4 years ago

Bear Market

BlockFi has ‘significant exposure’ to FTX, denies talk of majority of assets being custodied at FTX

Despite denying allegations that most of its assets are on FTX, BlockFi admitted that it has significant exposure to FTX.

2 min read 4 years ago

Bankruptcy

Crypto asset management firm Ikigai ‘caught up in the FTX collapse’

The firm will continue to trade assets that are not trapped on FTX, despite uncertainty regarding the "timeline and potential recovery for FTX customers."

2 min read 4 years ago

Crypto

CryptoSlate Wrapped Daily: Crypto.com CEO dismisses bank run speculation; Alameda Research held tokens before their FTX listings

Crypto.com CEO Kris Marszalek dismisses rumors of insolvency as exchange sees massive outflow, Retail investors withdraw over 72,900 BTC off exchanges following FTX fall out, and much more in this edition of CryptoSlate Wrapped Daily.

7 min read 4 years ago

Bear Market ETH +0.36%

FTX autopsy triggers Hoskinson-Schwartz feud over allegations of SEC corruption

Tweets about the FTX scandal descend into a heated debate on the merits of litigation against Ripple for alleged securities fraud.

3 min read 4 years ago

Analysis

Retail traders massively withdraw their BTC from exchanges

Glassnode data, as analyzed by CryptoSlate, showed that retailers are taking out their coins from exchanges at the most aggressive rate, with the withdrawals coming mostly from Crypto.com.

3 min read 4 years ago

Research

Huobi, Gate.io, Crypto.com see spikes in flow to FTX

Data analyzed by CryptoSlate showed sharp spikes in interexchange flows to FTX, with the most notable one being from Huobi.

2 min read 4 years ago

Bear Market

Bitcoin miner Canaan seeks to expand operations despite decline in Q3 revenue

Despite a 71.7% decline in net income, Canaan's mining revenue rose 1,002.7% to $8.7 million.

2 min read 4 years ago

DEX

DEX trading volumes spike as users leave CEXs en masse

The market crisis caused by the FTX fallout put the security of user funds into question and could have pushed retail traders away from centralized exchanges.

2 min read 4 years ago

Exchanges

CZ says industry is in pain but it’s business as usual at Binance

The FTX fallout hasn't affected Binance, which is working on establishing a "global industry organization" for the crypto space and act as a "guinea pig" for Vitalik Buterin's proposed Proof-of-Reserves protocol.

3 min read 4 years ago