Is A $DXY Collapse The Catalyst For A Crypto Bloodbath?
Michael Burry, renowned investor, and hedge fund manager, has once again made headlines with his significant short position in the traditional market,
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Trader Who Bet $10M on Luna’s Collapse Holds 450K MOON Tokens
"After conducting a bit of on-chain analysis, we were able to confirm that this Kraken address is associated with GCR. He sent millions of ETH to it from an ENS that’s confirmed to be his – Ezekielx.eth. He bought 450k MOON at an average price of 40 cents-45 cents," Jhaveri
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Binance sold USDC for BTC & ETH after Silvergate bank collapse: PoR report
Cryptocurrency exchange Binance released its latest proof-of-reserves (PoR) on Aug. 1, offering transparency into its crypto reserves. However, the movement of its USDC reserves at the time of Silvergte's collapse caught many people’s attention and became a topic of discussion on X.The latest reserve audit suggests Binance holds more than
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Borroe stands out amid ApeCoin and Compound collapse
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied ApeCoin (APE) and Compound (COMP) remain bearish as Borroe (ROE) aims to reshape web3 using new use cases and scalability solutions. This article explores why analysts are bullish on Borroe and its potential to possibly transform web3. Borroe attracting
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Hector (HEC) to Liquidate Crypto Treasury Amid Fallout From Multichain Collapse
Hector now plans to redistribute the proceeds of its treasury to HEC holders proportionally and based on their positions as of July 14. The final amount distributed could be lower than $16 million, as “all contractual, statutory and other legal obligations, including costs of the liquidation, must be fully settled”
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BlockFi CEO ignored risks from FTX and Alameda exposure, contributing to collapse: court filing
Zac Prince, the CEO of bankrupt cryptocurrency lending firm BlockFi, allegedly disregarded recommendations from the company’s risk management team over lending assets to Alameda Research. According to a July 14 filing with United States Bankruptcy Court for the District of New Jersey by the unsecured creditors' committee, BlockFi’s risk management team reported on
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Tom Brady faced millions in losses from FTX’s collapse
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a stunning turn of events, former NFL quarterback Tom Brady faces financial turmoil after losing a staggering $30 million in the collapse of cryptocurrency giant FTX. The now-worthless shares were part of Brady’s arrangement with FTX
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Mark Cuban, John Reed Stark clash over the cause of FTX’s collapse
Billionaire entrepreneur Mark Cuban has again locked horns with former securities chief John Reed Stark, this time over who was ultimately to blame for FTX’s collapse and the impact on creditors. During a heated back-and-forth exchange, Cuban argued had the United States Securities and Exchange Commission set “clear regulations,” no
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Bitcoin Futures Attract Biggest Bets Since Terra's Collapse
Open interest has surged to $11 billion to its highest level in over a year. Source
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Exchanges pledged $2.5B to user protection funds amid FTX’s collapse: Report
According to a new report published by blockchain analytics firm Nansen on June 14, most reputable cryptocurrency exchanges adopted user protection funds amid the collapse of FTX. Together, exchanges such as Binance, OKX and Bitget have more than $2 billion combined in nominal fiat protection funds. Meanwhile, Huobi’s insurance fund
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