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“NY Times ripped for ‘softball article’ on FTX’s Sam Bankman-Fried” The New York Times got blowback over an article it published on Sam Bankman-Fried, with critics slamming it as a puff piece on the accused crypto fraudster. The Times quoted Bankman-Fried extensively for a story whose headline reads: “How Sam Bankman-Fried’s Crypto Empire Collapsed.” The…
” FTX-owned crypto exchange Liquid halts all withdrawals “ The Japanese cryptocurrency exchange Liquid is the latest company to halt withdrawals amid the ongoing crisis of centralized crypto exchanges. The FTX-owned crypto exchange Liquid took to Twitter on Nov. 15 to officially announce a suspension of fiat and crypto withdrawals on its Liquid Global platform….
” FTX debacle sees Nansen take stock of major exchange onchain holdings “ The collapse of cryptocurrency exchange FTX has put industry peers under the microscope with calls for transparent accounts of token holdings and assets under management. Major cryptocurrency exchanges like Binance, Huobi, OKX and Crypto.com have made efforts to share details of their…
” Trezor reports 300% surge in sales revenue due to FTX contagion “ Amid growing concerns over centralized cryptocurrency exchanges in the wake of the FTX crisis, investors are increasingly moving to hardware crypto wallets. A major hardware wallet provider, Trezor, has recorded a major uptick in wallet sales in the aftermath of the FTX…
” BTC losses get real as Bitcoin SOPR metric hits lowest since March 2020 “ Bitcoin (BTC) sellers are nursing their largest overall losses since March 2020, one on-chain metric suggests. Data from on-chain analytics firm Glassnode confirms that Bitcoin’s spent output profit ratio (SOPR) has now fallen to two-year lows. BTC on-chain losses mount…
” FTX collapse followed by an uptick in stablecoin inflows and DEX activity “ On-chain data from Glassnode show Bitcoin’s (BTC) movements hit a new record for the largest net decline in aggregate BTC balances on exchanges, reducing by 72,900 BTC in one week. A similar movement occurred in April 2020, November 2020 and June…
” Bitcoin derivatives data reflects traders’ mixed feelings below $17,000 “ Bitcoin (BTC) lost 25.4% in 48 hours, bottoming at $15,590 on Nov. 9 as investors rushed to exit positions after the second-largest cryptocurrency exchange, FTX, halted withdrawals. More importantly, the sub-$17,000 levels were last seen almost two years prior, and the fear of contagion…
“How World Economic Forum, others are hiding past ties with FTX” The shocking implosion of the FTX crypto exchange has become an embarrassment for a who’s who among global elites, with some issuing mea culpas — and others apparently scrambling to hide their ties to its disgraced, 30-year-old founder Sam Bankman-Fried. Web archive sites show…
” Turbulence for blockchain industry despite strong Bitcoin fundamentals: Report “ In the past, it was often said that Bitcoin (BTC) moves the entire crypto and blockchain industry. Is this still the case? The past few months have seen Bitcoin hitting high-water marks including all-time high long-term holder rates and local highs in hash rate…
” Edward Snowden says he feels ‘itch to scale back in’ to $16.5K Bitcoin “ Bitcoin (BTC) returned to $16,500 at the Nov. 14 Wall Street open as bulls tried and failed to break higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Snowden hints BTC price echoes March 2020 Data from Cointelegraph Markets Pro and…