The crypto markets have become more volatile ever since the problems with the FTX exchange and Alameda came to light. Extreme panic was felt in the market as Bitcoin and all the other major cryptocurrencies hit fresh yearly lows. However, heads turned when the leading stablecoin Tether(USDT)…
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Tether Freeze FTX USDT Assets: In a sudden development, Tether said it froze 46 million of USDT belonging to troubled crypto exchange FTX. A Tether representative reportedly said the USDT froze was effected following a request from law enforcement authorities. The FTX exchange is staring at insolvency…
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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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Japanese regulators have now ordered FTX Japan to suspend its operations following the platform’s withdrawal halt. The Japanese…
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 ETH’s price loses its $1,200 demand zone in the early hours as Binance rejects FTX takeover, with the price responding with a bounce from its daily low.   ETH’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. …
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FTX is seeking to raise more than $9 billion to plug a financial shortfall, according to Reuters. The post FTX’s Bankman-Fried seeks more than $9 billion for exchange rescue: Reuters appeared first on The Block.
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In recent news, Sam Bankman-Fried is attempting to put together a rescue plan of up to $9.4 billion for his struggling cryptocurrency exchange, FTX. SBF Reaches Out To Industry Stalwarts Bankman-Fried is considering collecting roughly $1 billion from Justin Sun, the creator of the TRON cryptocurrency, $1…
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An exclusive story from Reuters has revealed that CEO Sam Bankman-Fried is seeking $9.4 billion to save FTX.…
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In what appears to be the new trajectory amid the downfall of giant crypto exchange FTX, Crypto.com has become the latest exchange to promise its customers that it will publish an audited Proof of Reserves (PoR). “We share the belief that it should be necessary for crypto…
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Switzerland has built a reputation as a leading EU country in the crypto and blockchain industries. Due to its positive crypto regulations and the fact that it is home to some of the top crypto organizations in the world, Switzerland is often referred to as “Crypto Valley.”…
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