Example: Megan Robinson/Axios The bear market in cryptocurrencies has not completely scared off some black investors who have embraced the sector as a way to make a fortune. Why is it important? Overnight, the battered bitcoin rallied to more than $20,000 after weeks of languishing around $16,000. But the crypto winter has wiped billions off … Read more
Disclaimer: The Industry Talk section features insights by crypto industry players and is not part of the editorial content of Cryptonews.com. Crypto traders and investors are extremely excited about the new trading protocol Dash 2 Trade after it was announced that the project will start sooner than expected. Following the failure of FTX, the developers … Read more
Comment on this story Opinion The narrative that emerged in the days after the collapse of FTX, the $32.5 billion exchange at the center of Sam Bankman-Fried’s crypto business empire, was that it was the result of an elaborate and sinister plan that only unfolded. A series of tragic events. After all, the smartest minds … Read more
Billionaire Mark Cuban has not given up on crypto despite the FTX implosion as one of the largest cryptocurrency exchanges in the world. However, Cuban former FTX CEO Sam Bankman-Fried said in an interview with TMZ that “he should be afraid of prison for a long time.” “I talked to the guy and thought he … Read more
Abu Dhabi-based crypto trading firm Hive is bidding for FTX Pay, the company announced on Friday. HighVine executives consider FTX Pay to be a suitable business fit for HighVine’s payment infrastructure. Cryptocurrency FTX is reportedly planning to sell or reorganize subsidiaries, including its payments business. Hive plans to bid for FTX payments business Abu Dhabi … Read more
Join our Telegram Channel to get current information Many crypto traders are now looking for FTX alternatives, i.e. secure trading platforms for cryptocurrency with no risk of loss. According to the oanda.com website, OANDA Corporation has been leading the trading industry for more than 25 years, since the now bankrupt and defunct FTX (and FTX … Read more
(Bloomberg) — Crypto markets were calm on Tuesday as investors boosted hopes that FTX’s losses could remain somewhat contained. The largest token, bitcoin, rose 4.4% to $17,102, while the second-ranked ether rose as much as 5%. Smaller cryptocurrencies, known as altcoins such as Solana and Polkadot, also advanced for a second day. The modest gains … Read more
Digital asset exchanges are scrambling to reassure customers that their funds are safe as Sam Bankman-Fried’s FTX crypto exchange collapses in the industry. The world’s largest crypto exchange, Binance, as well as smaller rivals including Crypto.com, OKX and Derbit, have pledged to publish proof that they hold enough reserves to match their debts to their … Read more
Because no one For the heavier parties, I spent a week reading Coinbase’s investment call after the revenue report. The US Crypto Exchange pulls out some questions from non-analysts during the chat, creating some more fun questions and answers. You can read it all here. The reason I mentioned is that someone asked Coinbase if … Read more
One of the biggest names in crypto is the threat to Robin Hood’s future. 24.88% Markets. This is reasonable. But others may think twice before settling in the Sherwood Forest. Sam Bankman -Fried, founder of FTX, a 30-year-old cryptocurrency exchange, announced on Thursday that it has acquired a 7.6% stake in Robinhood and sent an … Read more