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Crypto News

Fast coverage of the stories moving crypto markets.

Binance-FTX deal reportedly scrapped without FTX.US on table; legal, compliance teams quit

A source claims that Binance won't consider the deal for FTX's standalone operations due to the Federal Trade Commission opening an investigation into FTX this morning

4 years ago

Bankruptcy BNB +1.15%

‘Do not view it as a ‘win’ for us’: Binance’s CZ says on FTX acquisition

The CEO of Binance confirmed that the announcement of FTX's acquisition was not pre-planned and that he was unaware of the company's internal state.

4 years ago

Bear Market

Alameda Research website goes private following FTX collapse

SBF owned Alameda Research and FTX Ventures websites have been taken offline amid FTX controversy

4 years ago

Research BTC +1.25%

Crash of the Titans: LUNA dwarves FTX in terms of losses but the worst is yet to come

Luna's collapse was both unprecedented and unique, but the market is still in the early days of the FTX fallout. It might take weeks before the true scope of the crisis is felt, as the derivative market is yet to catch up.

4 years ago

Research

Bitcoin options traders swing bearish as FTX fallout takes hold

On-chain data shows options traders have flipped bearish and are bracing for volatility.

4 years ago

Exchanges

Tom Brady, Gisele Bündchen’s investment in FTX at risk following collapse

Tom Brady and Gisele Bündchen's investment in FTX may be at considerable risk following the exchange's collapse.

4 years ago

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.

4 years ago

Exchanges

Sources say Binance could scrap the deal with FTX

A source close to the matter revealed that it was highly unlikely Binance will acquire FTX after looking at the company's books.

4 years ago

Exchanges

User funds deposited into FTX can’t be insured

FTX's service agreement notes that funds deposited into user accounts aren't eligible for any public or private deposit insurance protection.

4 years ago

Stablecoins USDT +0.02%

Stablecoins fall below Dollar parity as turbulence impacts entire market

USDT, USDC, DAI all drop below $1 as market forces effect stablecoins across the industry

4 years ago

Adoption

Bricktrade partners with Blocksquare to tokenize real estate

The partnership will allow Bricktrade to break down a single property into 100,000 tokens and enable investors to own fractional shares of the token's underlying property.

4 years ago

Exchanges

Galaxy Digital reports $76.8M exposure to FTX

Galaxy Digital becomes the latest major player in the crypto space to reveal a significant exposure to the failing FTX.

4 years ago

Bear Market

Large short positions push Bitcoin toward $17k amid $861M in crypto liquidations

Over $250M in Bitcoin liquidations aid crypto capitulation as Bitcoin drops

4 years ago

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.

4 years ago

Bankruptcy

Wintermute CEO tells 3AC co-founder to ‘stay wiped out’ amid ‘redemption’ attempt

Wintermute CEO Evgeny Gaevoy made the statement in response to a tweet thread posted by the co-founder of the defunct crypto hedge firm Three Arrows Capital.

4 years ago