Amber Group raises $300M to recover from FTX contagion
The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default. Go to Source Powered by WPeMatico
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Here is why Bitcoin price gave back all its intraday gains
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. Go to Source Powered by WPeMatico
SEC sues Atlas Trading for $100M stock manipulation scheme
Eight individuals promoted deceptive demand for stocks via Twitter, Discord and YouTube to sell their shares at a high point. Go to Source Powered by WPeMatico
Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%
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. Go to Source Powered by WPeMatico
Canada bans crypto leverage and margin trading after FTX collapse
Now-bankrupt exchange FTX attempted to enter Canada in June 2022, but local regulators have managed to prevent the mess. Go to Source Powered by WPeMatico
Bitcoin’s bear market is far from over, but data points to improving investor sentiment
Crypto investor sentiment saw a slight upswing, but the potential of a deep liquidity crisis in the sector could keep investors at bay. Go to Source Powered by WPeMatico
Amber Group ditches expansion plans after denying insolvency: Report
Temasek-backed Amber has raised about $50 million in funding from a new sovereign fund, with the deal to be announced in January. Go to Source Powered by WPeMatico
Margin trading vs. Futures: What are the differences?
Margin trading and futures are used in cryptocurrency to multiply gains. Here’s what you need to know about these tools, how they work, and their differences. Go to Source Powered by WPeMatico
Bybit announces second round of layoffs in 2022 to survive bear market
Ben Zhou, the co-founder and CEO of Bybit, announced a reorganization plan amid a prolonged bear market, which involves a steep reduction in the workforce. Go to Source Powered by WPeMatico
Tokenized government bonds free up liquidity in traditional financial systems
There are a number of benefits associated with tokenized government bonds, yet adoption may take time. Go to Source Powered by WPeMatico