Cryptocurrency Analysis and News Portal
The embattled crypto exchange FTX has informed the public that the FTX parent firm West Realm Shires Services, Alameda Research, and approximately 130 additional affiliated companies have filed for Chapter 11 bankruptcy protection in Delaware. FTX’s Parent Company, Alameda Research, and 130 Associated Firms Voluntarily Commence Bankruptcy Proceedings After days of confusion
Read More
Within a week, crypto exchange FTX has gone from proposing an acquisition by Binance to sort out its liquidity issues to proceeding with filing for bankruptcy under Chapter 11 in the District of Delaware.In a Nov. 11 tweet, FTX said roughly 130 companies in FTX Group including FTX Trading, FTX
Read More
A bankruptcy filing attributed to Alameda Research estimates the company has $10 billion to $50 billion in liabilities. Original Source
Read More
As the FTX crisis continues to permeate through the cryptosphere, users of the platform are trying various ways to bypass the official process of withdrawing their funds from the collapsing exchange. On Nov. 10, the exchange announced that it will begin withdrawals of funds based in the Bahamas. According to the
Read More
En una carta abierta, el equipo de FTX Future Fund dijo que no está en condiciones de realizar su trabajo ni de otorgar los beneficios y que tiene “dudas esenciales” sobre la legitimidad e integridad de las operaciones comerciales. Source
Read More
Bitcoin (BTC) and cryptocurrency may “take years to recover” from the FTX scandal, one industry analyst warns.In a Twitter thread on Nov. 11, Filbfilb, co-founder of trading suite DecenTrader, said that the Terra debacle was itself still playing out.Filbfilb: “I’ve never seen such a debacle”The crypto industry is experiencing “a
Read More
Estas sucursales regionales de FTX son totalmente propiedad de la empresa responsable en Antigua, FTX Trading Ltd., y otorgan licencias de la tecnología de FTX a cambio de regalías que se envían a la casa matriz en Antigua. Los exchanges regionales cumplen con las regulaciones locales de valores valores y,
Read More
Despite sell-offs, Uniswap, Balancer, Curv, and other decentralized exchanges (DEXs) and decentralized finance (DeFi) platforms have been functioning smoothly, enabling users to exit their crypto positions or, if they prefer, to capitalize on low prices and buy in. Users may have seen their portfolios decrease in dollar value, but they
Read More
El aumento de la oferta neta de ether se vuelve negativo por primera vez desde la fusión. Original Source
Read More
With Solana (SOL) being heavily affected by the FTX debacle, Crypto Twitter expressed sympathy and hopes that its community can make a comeback. Being one of many coins that FTX CEO Sam Bankman-Fried (SBF) supported, SOL has been hit heavily amid the FTX collapse. On Nov. 10, the total value locked
Read More