Amber Group acquires cryptocurrency platform Sparrow exchange: report
The news comes after Amber Group reportedly pulled back expansion plans due to financial exposure in the FTX collapse.
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The news comes after Amber Group reportedly pulled back expansion plans due to financial exposure in the FTX collapse.
BTC price retraced the entirety of its intraday gains after Fed chair Jerome Powell issued hawkish statements in relation to today’s 0.50% interest rate hike.
In Latin America, "crypto is functional, it has a real utility." It can hedge inflation, provide access to dollars and internationalize wealth.
CFTC court filing outlines a murky relationship between FTX and Alameda Research, highlighting the latter’s unfair trading advantage and misappropriation of user funds.
According to CEO Changpeng “CZ” Zhao, Binance has seen outflows of an estimated $1.14B from its exchange
The sudden uptick in outflows may have been caused by market makers leaving the exchange.
GMX and LOOKS price pulled off double-digit rallies in the last week as former BitMEX CEO Arthur Hayes revealed his investment thesis for both projects.
To distance themselves from the failed exchange, some politicians have already resorted to donating funds they received from FTX to charity.
While some execs chose to double down on assuring the funds’ safety on their platforms, Ray Youssef, the CEO of crypto exchange Paxful, sided with the idea of self-custody.
Corporate structure, Bitcoin liabilities and internal control quality are among the points of concern.