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Crypto News
Galois Capital kept approximately 50% of its capital in FTX
During a conversation between CoinDesk and the co-founder of Galois Capital, Kevin Zho, it was revealed that an estimated $40 million is now locked up in FTX.…
Crypto analyst Jason Pizzino predicts that a drop in Bitcoin’s value to $10,000 is…
A prominent crypto strategist and trader believes that Bitcoin's (BTC) price will not fall below $10,000.Advisor Jason Pizzino tells his 279,000 YouTube…
FTX is suspected to have been hacked as authorities detect unusual wallet activity
Wallets associated with FTX and FTX US have had total withdrawals of $659 million during the previous 24 hours, according to Nansen.collapsed cryptocurrency…
Binance CEO CZ said “We’ve been put back a few years” after the FTX…
CZ thought the situation was terrible for the industry since it lost a great deal of customer trust.In 2022, the crypto exchange FTX filed into bankruptcy,…
US senators continue to push crypto bill despite FTX failure
The two United States Senators said that the demise of FTX was a strong illustration of "the necessity for tighter government control of the digital asset…
The Bahamian Government Freezes FTX Assets
The Nassau Guardian recently reported that the Securities Commission of the Bahamas, where the failing cryptocurrency exchange FTX is situated had frozen its…
Genesis Trading reports that its derivatives division has $175 million in its FTX account
Genesis Trading said that its derivatives company had exposure to FTX notwithstanding the continued collapse of the cryptocurrency exchange."As part of our…
Elon Musk has sold $4 billion worth of Tesla stock since Twitter’s takeover
Elon Musk, the world's wealthiest individual with a net worth of more than $200 billion, sold about $4 billion worth of Tesla shares after claiming he was done…
Circle CEO Allaire compares the FTX problem to the Lehman Brothers bankruptcy
In light of the FTX issue, Jeremy Allaire, co-founder and CEO of Circle gave his opinions on the necessary industry adjustments."Finally, as someone who has…
FTX drama costs crypto $100 billion
Shockwaves from the events at one of the main cryptocurrency exchanges have spread across the crypto industry, leaving most investors counting their losses and the…