Bybit launches $100M support fund for institutional traders
Institutional trading firms have faced financial losses and operational difficulties in the wake of the FTX collapse. Go to Source Powered by WPeMatico
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5 tips for riding out a downbeat market this holiday season
The market doesn’t look like it’s going to spike upward anytime soon. While you wait, grow your network and position your portfolio to take advantage of a future recovery. Go to Source Powered by WPeMatico
Lido fundamentals shine even as the wider crypto market struggles to regain traction
Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users and Ethereum stakers. Go to Source Powered by WPeMatico
Regulator Halts Trading of FTX Tokens in Indonesia
The agency overseeing Indonesia’s crypto market has stopped the trading of FTX tokens on domestic platforms. The announcement comes after FTX, the exchange that issued the FTT token, filed for bankruptcy in the United States and was subjected to investigations by regulatory bodies around the world. Indonesian Authority Orders Crypto Exchanges to Discontinue FTX Token … Read more
How are ‘lite’ versions of crypto apps helping adoption?
Crypto exchanges use technology and basic design principles to attract a new wave of users into the crypto ecosystem. Go to Source Powered by WPeMatico
FTX hacker still draining exchange wallets? Analyst calls it on-chain spoofing
The FTX hacker managed to steal $477 million out of the $650 million moved on-chain on Nov.11 and currently holds $62 million in total assets. Go to Source Powered by WPeMatico
FTX US suspends withdrawals, according to on-chain data
The development comes less than twenty-four hours after the platform issued an advisory urging its users to close down trading positions Go to Source Powered by WPeMatico
FTX US announces it may halt trading on its platform in a few days
According to the FTX US, “Withdrawals are and will remain open.” Go to Source Powered by WPeMatico
FTX CEO Updates Crypto Community, Sunsets Alameda Trading, Addresses a Specific ‘Sparring Partner’
On Nov. 10, 2022, FTX CEO Sam Bankman-Fried (SBF) addressed the crypto community in a thread posted to Twitter. SBF noted that he messed up and “should have done better” and also detailed that at some point he “might have more to say about a particular sparring partner.” SBF Says He Messed Up, Claims ‘Hands … Read more
What are crypto whale trackers and how do they work?
Crypto whale action can affect the price of cryptocurrencies and tracking these whales can offer invaluable and timely insights into price movements. Go to Source Powered by WPeMatico