FTX Collapse Won't Impact Everyday Use of Crypto in Brazil, Says Transfero CEO
Reflecting on the recent fall of FTX, Thiago César, the CEO of fiat on-ramp provider Transfero Group said that the exchange’s fall has made crypto investment a “harder sell” for new investors and traders.
Financial Guru Dave Ramsey Weighs in on FTX Collapse, Reiterates His Crypto Warning
Personal finance guru and Ramsey Solutions CEO Dave Ramsey weighed in on the implosion of cryptocurrency exchange FTX in a Dave Ramsey Show episode, published Friday.
Binance Launches Industry Recovery Fund, but It Goes Against Crypto's Principles
This fund is a euphemism for simply creating a privately-owned, centralized global bank that will provide liquidity to those in need. But no private company ever will give you money altruistically, it always has a price.
Crypto Community Criticizing Mainstream Media for Poor and Biased Coverage of FTX
In a piece published on Nov. 18 by Forbes Magazine, the CEO of FTX’s affiliate company <a href="https://cointelegraph.com/news/alameda-s-research-and-ftx-ventures-websites-taken-down">Alameda Research</a>, Caroline Ellison, has been dubbed “Queen Caroline.”
What’s Going On With Silvergate, the Bank That Props Up the U.S. Crypto Market?
Earlier this week, cryptocurrency bank Silvergate announced that its exposure to FTX was limited to its deposits. The U.S. bank, which services the majority of the crypto industry in the country, said that it had no loans or investments in FTX.
Pantera Buys $140 Million Bitcoin
The Pantera Bitcoin Fund has bought $137 million worth of bitcoin according to Matthew Gorham, its Chief Operating Officer.
Crypto Exchange FTX Fires 3 Top Executives, Report Reveals
Three high-ranking executives of failed cryptocurrency exchange FTX have reportedly been dismissed. Among them is one of the co-founders of what was one of the industry’s largest trading platforms, which is currently in bankruptcy proceedings in the U.S. court system.
Will Aggregator Marketplaces Become the Go-To Places To Buy NFTs?
While there are several NFT marketplaces to choose from when buying your digital assets, it is inefficient to constantly switch between them when trading. Another problem in the fragmented market is having to pay gas fees more than once when buying from different marketplaces.
Bitcoin Lender and Custodian Unchained Capital Announces Job Cuts
Joe Kelly, CEO of Bitcoin financial services outfit Unchained Capital, said the company will reduce its staff by “roughly 15%” as part of efforts to manage the business during the current crypto bear market.
FTX Launches Asset Review; Here’s How Remaining Holdings Stands
The collapsed cryptocurrency exchange FTX and about 100 affiliated companies on Saturday launched a strategic review of global assets. It is a part of the Chapter 11 bankruptcy process. However, the firm will also be preparing for the sale or reorganization of some of the related assets and businesses.
