Bookmarking Crypto Insights
BTC and altcoins collapse following news that Binance declined to purchase FTX. Analysts share their perspectives on what’s next for the market. Go to Source Powered by WPeMatico
Whistleblower and former NSA contractor, Edward Snowden, has been very vocal about the crypto economy in recent times. After publishing a copy of Bitcoin’s white paper on Twitter on the document’s 14th birthday, Snowden had some words with Craig Wright, the man who claims to be Satoshi Nakamoto. Following the news tied to the troubled … Read more
Similar protocols are used by Kraken, Bitmex, Gate.io, and many other exchanges, but were not used by FTX. Go to Source Powered by WPeMatico
“With a global MiCA, the FTX crash would not have happened,” said European Parliament economics committee member Stefan Berger. Go to Source Powered by WPeMatico
The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled customer funds,” Binance has decided not to pursue the FTX acquisition. Binance Drops the FTX Acquisition After the crypto exchange Binance revealed it would purchase FTX, … Read more
The firm pushed Maple Finance to halt Alameda’s dedicated borrower pool earlier this year. Go to Source Powered by WPeMatico
Binance cited allegations of the mishandling of consumer funds and an investigation from regulators as reasons for exiting the agreement. Go to Source Powered by WPeMatico
Binance faces far less competition in the aftermath of FTX’s fall, but it still may not win a surge in new users. Go to Source Powered by WPeMatico
According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the firm decided “earlier this year” not to lend to Alameda Research, FTX’s quantitative trading firm. Orthogonal said through “due diligence” it “identified a number of key weaknesses” associated with Alameda. Orthogonal Credit Found ‘Key Weaknesses’ Tied to FTX’s Alameda Research … Read more
South Korea’s central bank has tested purchasing NFTs with their central bank digital currency (CBDC). Go to Source Powered by WPeMatico
