Binance to launch ‘recovery fund’ for strong projects with liquidity crisis
Tron founder Justin Sun and renowned Celsius investor Simon Dixon have stated their intention to back the initiative.
Binance US, Coinbase, Curve in Bidding War for BlockFi Credit Card Customers
But, after the FTX catastrophe, will BlockFi clients want to do business with centralized exchanges?
Bahamas Securities Commission neither “authorized” nor condones FTX enabling local withdrawals
FTX enabled withdrawals for Bahamian clients on Nov. 11 citing compliance with regulators, but the SCB contradicted the exchange's claims.
Based on favorable CPI figures, Bitcoin accelerates.
Leads to improved consumer price index (CPI) data issued by the U.S. The Labor Statistics Bureau Bitcoin (BTC) recovered after hitting a low of $15.5K during FTX's liquidity crisis.
BlockFi stops transactions in response to the FTX issue.
BlockFi, a cryptocurrency lender, has ceased operations in the wake of the demise of FTX.
During the investors' scramble for safety, billions of dollars leave exchanges.
In the crypto environment, this past week has grown to be incredibly significant and momentous as a result of the markets' ongoing free slide.
Binance pulls out of the proposed takeover of FTX
The proposed purchase of FTX will not be pursued, according to Binance.
Cardano Chief Speaks About No Imminent Retirement
Charles Hoskinson, the creator of the blockchain platform Cardano, stated in a recent segment called "Birthday Musings" that he had no plans to retire anytime soon. He believes that leaving the company at this time would be a mistake because there is so much at stake.
The OFAC regulations are causing Ethereum to be almost entirely banned.
Concerns about censorship in the blockchain environment have grown as a result of the rise to 73% in daily creation of OFAC-compliant Ethereum blocks.
Coinbase CEO calls out “risky business practices” in FTX saga, sympathizes with those involved
Brian Armstrong made a strong claim that FTX was involved in "conflicts of interest between deeply intertwined entities."
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