Sam Bankman-Fried, CEO of FTX, said that the reason the major exchange did not invest in the much-talked-about Elon Musk Twitter takeover is the crypto-related difference in visions for the social network. The CEO tweeted on November 3, “We passed on Twitter b/c it didn’t seem like our strengths were what was needed for Elon’s…
Read more
Alameda Research reportedly obtained $2.2 billion worth of loans using FTT as collateral, a token created by cryptocurrency exchange FTX. An ongoing selloff in the FTX Token (FTT) market could worsen in the coming months owing to a mix of pessimistic technical and fundamental indicators. FTT could plunge 30% From a technical perspective, FTT has…
Read more
FTX CEO Sam Bankman-Fried has revealed that he donated millions of dollars to support bipartisan politicians in a bid to lure more crypto allies. In a Saturday tweet, Bankman-Fried said that he was “a significant donor” in both Republican and Democrat primaries, “supporting constructive candidates across the aisle to prevent pandemics and bring a bipartisan…
Read more
SOL price has been in a 3 month downtrend, but recent newsflow and events could trigger a reversal. Solana (SOL) has been in a steady downtrend for the past 3 months, but some traders believe that it may have bottomed at $26.80 on Oct. 21. Lately, there’s been a lot of speculation on the causes…
Read more
MASK, the native token of the Mask Network, witnessed a price spike at the beginning of the month, reaching the level of some $5.82 yesterday before entering a downward trend. As of 09:35 a.m. UTC, MASK was priced at $4.53, down 18.8% over a 24-hour period. Could the token rebound and pierce the price barrier…
Read more
The government body overseeing the crypto market in Uzbekistan has restored access to Bestchange.ru, a well-known exchange aggregator in the region. The move comes after earlier this year the regulator blocked a number of coin trading platforms, including Binance. Residents of Uzbekistan Can Again Use the Services of Bestchange.ru Uzbekistan’s National Agency of Perspective Projects…
Read more
The ongoing crypto bear market seems like an unending journey, with more firms coming down with financial crises due to asset devaluations and other effects. Although some assets have seen brief rallies, many remain in decline. Regarding the crypto bear effects, Kathleen Breitman, CEO of Tezos, a blockchain platform, shared her opinion. Breitman thinks the…
Read more
Alameda Research, a trading firm linked to major crypto exchange FTX, had some $14.6 billion of assets as of June 30, but as much as $5.82 billion of these assets consists of the exchange’s native token FTT, according to a document sourced from the company. … Read More: Sam Bankman-Fried’s Alameda Holds $14.6 Billion in Assets…
Read more
Major crypto exchange FTX has announced it has gone live as the first institution of this type which secured a full license to operate in the United Arab Emirates (UAE). “As the first licensed crypto exchange in the UAE, we’re super excited to expand our operations and grow FTX’s presence in the region,” the business…
Read more
FTX CEO Sam Bankman-Fried proposed a blueprint for regulators to look into decentralized finance — with nary a word about centralized exchanges like his own. Last month’s proposal from Sam Bankman-Fried, CEO of crypto exchange FTX, for regulators to establish a litany of standards for the cryptocurrency industry poses an existential threat to decentralized finance…
Read more
