Tether, Circle and Coinbase deny having exposure to FTX and Alameda
Coinbase CEO Brian Armstrong said that the recent FTX and Alameda debacle was a result of risky practices such as the misuse of user funds.
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Crypto Markets Bleed $130 Billion in 12 Hours as Contagion Continues
In one of the largest and fastest market crashes of the year, $132 billion has been wiped out of crypto assets. What is more remarkable is that this has happened…
Abu Dhabi Fintech Startup Raises $20 Million in Series B Funding Round
Abu Dhabi-based fintech, Pyypl, announced on Nov. 7 that it had raised $20 million in Series B funding and this brought the total of funds raised to nearly $40 million.…
Middle East, Asia and Africa blockchain association launches in Abu Dhabi
A new blockchain body has been launched with the backing of industry leaders in the Middle East region including figures from Binance, Crypto.com, and the largest crypto exchange in the…
SBF tumbles off Bloomberg’s billionaire index after trouble at FTX
Sam Bankman-Fried no longer ranks in the top 500 on Bloomberg’s billionaire index, but CZ remains at rank 87.
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded…
Martin Shkreli reassures Do Kwon about life in prison as they discuss FTX and Binance
The two showed up to talk about the big merger news in crypto on a Twitch podcast.
Binance’s FTX.com Acquisition Plunges Market Into Chaos
The crypto market is coming to grips with the prospect that FTX being acquired by Binance could mean that Sam Bankman-Fried’s exchange and its close collaborator, Alameda Research, are potentially...
Binance Will Stay in the Free Market, Says CZ After Rejecting Alameda’s Offer
Fears of a Terra-style debacle have seeped into the crypto market as the Binance-FTX drama continues. Binance CEO CZ made headlines by announcing plans to liquidate entire FTT holdings gradually…
$640 Million Liquidated Amid Binance-FTX Fiasco, FTT Drops Below $10
Over $640 million in trades have been liquidated from crypto markets in the aftermath of FTX’s drama with Binance. Markets experienced a brief rally after Binance announced its intention to…
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