Market
Exchanges
Binance CEO expects more regulatory scrutiny following FTX implosion
CZ stated that the FTX implosion has set the industry back a few years considering the size of the exchange to the industry.
Bankruptcy
FTX files for bankruptcy, Sam Bankman-Fried steps down from CEO role
Following the news, FTT declined by 22% according to CryptoSlate data.
Crypto
CryptoSlate Daily wMarket Update – Nov. 10: Solana leads US CPI induced market recovery
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Exchanges
US Congressman says SEC’s Gensler allegedly had dubious ties to FTX, promises investigation
The crypto community is questioning the relationship between SEC Chair Gary Gensler and the FTX founder, with many labeling it shady.
Stablecoins
Tether reportedly puts FTX’s $46M in USDT on ice
Reports revealed that the seizure was carried out following orders of law enforcement agencies.
Crypto
CryptoSlate Daily wMarket Update – Nov. 9: Bitcoin trades at 2-year low as market rut continues
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Exchanges
Leaked slack messages show SBF plan to raise funds for FTX bailout
The FTX founder took a dig at Binance, saying the exchange did not plan to go through with the acquisition deal.
Exchanges
Justin Sun-linked tokens resume trading on FTX at higher prices
Tron token withdrawals have been enabled on the struggling crypto firm platform.
Exchanges
Sequoia writes-off over $200M FTX investment as ‘worthless’
Sequoia said the loss has been mitigated by gains amounting to $7.5 billion in its Global Growth Fund III.
Exchanges
Binance walks away from FTX deal, citing ‘mishandled customer funds,’ regulatory scrutiny
Binance said FTX situation were beyond its control and ability to help.
Exchanges
Crypto exchanges to publish ‘proof-of-reserves’ following FTX’s implosion
Kucoin and OKX reveal they would publish their reserves within the next 30 days.
Crypto
CryptoSlate Daily wMarket Update – Nov. 8: Crypto markets lose almost $100B as FTX implosion leads to carnage
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.