Crypto Exchange Gemini Suffers $485M Rush of Outflows Amid Contagion Fears
Gemini suspended its yield-earning program, shaking users’ confidence in the exchange. Original Source
Read MoreGemini suspended its yield-earning program, shaking users’ confidence in the exchange. Original Source
Read MoreBitcoin (BTC) investors are withdrawing funds from exchanges at a rate not seen since April 2021 with nearly $3 billion in Bitcoin withdrawn over the past seven days.New data from on-chain analytics firm Glassnode shows the number of wallets receiving BTC from exchange addresses hit almost 90,000 on Nov. 9.Exchange
Read MoreRumors of Alameda liquidating its Solana holdings are sending SOL’s price into free-fall; both Solana and Ethereum-based NFT markets are getting hit hard by the news. Original Source
Read MoreCrypto markets crumbled for a second day as the fallout from FTX’s liquidity troubles continued to negatively impact investor sentiment. Bitcoin (BTC) price fell to a new yearly low at $16,800 as anonymous unconfirmed sources suggested that after a closer review of FTX’s books, Binance could back out of their agreement
Read MoreBitcoin (BTC) and ether (ETH) declined more than 8% in the past 24 hours to reach levels previously seen in early October, putting a gradual recovery on hold. Other crypto majors like XRP, dogecoin (DOGE) and cardano (ADA) slipped over 12%, while solana (SOL) – of which Sam Bankman-Fried is
Read MoreFTT was down nearly 12% in the last hour and over 20% during the last 24 hours. Original Source
Read MoreMembers of the United Kingdom’s Digital, Culture, Media and Sport Committee have opened an inquiry to hear from the public on the potential benefits and risks of nonfungible tokens, or NFTs, and blockchain on the country’s economy.In a Nov. 4 announcement, the DCMS committee said its inquiry was related to
Read MoreBlockchain gaming company Gala Games urged its community for calm after misplaced fears of a multi-billion dollar rug pull or hack caused the GALA token to temporarily crash 25.6%.The initial panic, which Gala Games later implied was unfounded, came after a single wallet address appeared to mint over $2 billion
Read MoreRouting protocol pNetwork said it's working with Gala on a "misconfiguration" and that "all GALA tokens on Ethereum as well as the underlying bridge collateral are SAFE." Original Source
Read MoreThe CoinDesk Market Index fell by 0.22% over the past 24 hours. At press time, bitcoin, the largest cryptocurrency, was changing hands around $19,100, up from the low of $18,860 earlier Tuesday. Ether (ETH), the native cryptocurrency of the Ethereum blockchain and the second-largest overall, was down1.7%. Original Source
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