Sam Bankman-Fried is apologizing for the collapse of his billion-dollar crypto exchange, FTX. In a tweetstorm that breaks a two-day period of silence, Bankman-Fried offers new details on what he says led to the implosion. He also says he’s engaging with “a number of players” in an…
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"When markets turned on them, it appears that a lot of customers lost money," said SEC Chair Gary Gensler on Thursday morning.
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The Bitcoin (BTC) market continues to be dominated by bearish traders. BTC bears dragged down the price of the benchmark crypto to around $17,500, its lowest level in two years...
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Coindesk reported that Tether has just frozen $46 million USDT at the request of law enforcement. The reputable…
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According to a formal statement released on Thursday, the local branch of FTX has been instructed to cease operations by Japan’s Financial Services Agency. The order stated that the regulator wants FTX Japan to immediately cease operating as a crypto asset exchange and to stop onboarding new…
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In a lengthy Twitter thread against the FTX exchange, Jesse Powell said the crisis was "a massive setback" for the industry.
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Japanese regulators have now ordered FTX Japan to suspend its operations following the platform’s withdrawal halt. The Japanese…
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A seven-day loss of more than 50% sees Solana (SOL/USD) trading at half the value the previous week. The loss is the biggest among the cryptocurrencies in the top 100 categories, except for the embattled FTX exchange. SOL now trades at the lowest level since March 2021.…
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BTC/USD Suffers Monstrous Decline:  Sally Ho’s Technical Analysis – 11 November 2022 Bitcoin (BTC/USD) extended its extremely volatile trading activity early in the Asian session as the pair traded at its lowest levels since November 2020, cratering to the 15512 area in a fierce sell-off that was…
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If all crypto tokens are classified as securities, the SEC can go after the largest exchanges and marketplaces.
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