Macro Trends Advisors’ Mitch Roschelle speaks on the latest developments in FTX’s collapse on ‘The Evening Edit.’ Hindsight makes clear the faulty foundation that preceded the collapse of crypto giant FTX in the past couple of weeks. Across finance, however, major players were taken by the meteoric rise of the […]
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FTX collapse wipes out the savings of crypto traders: ‘You feel like a fool’ | Economy and Business
It has been a terrible year for cryptocurrencies, and it’s not over yet. In the latest gut-punch of bad news, more than a million people have seen their investments wiped out. FTX – or the “Futures Exchange” – is a Bahamas-based cryptocurrency exchange that filed for bankruptcy on November 11, […]
Fame, fortune, and bankruptcy: A crypto star implodes
Federal prosecutors in Manhattan and US securities regulators are investigating what happened to billions of dollars in customer assets that FTX loaned — in violation of its own rules — to Alameda Research, another Bankman-Fried firm that traded crypto and invested in crypto companies. In addition, Alameda loaned $1 billion […]
Crypto.com’s sports sponsorships persist: ‘Business as usual’
Crypto.com said that it is business as usual with its sports sponsorships, including for the FIFA World Cup in Qatar that starts Sunday, despite chaos in the cryptocurrency industry unleashed by the bankruptcy of rival exchange FTX. Crypto.com has a range of major sponsorships that combined are worth well into […]
FTX bankruptcy will offer a look behind crypto’s dark curtain
MittGroup CEO Grant Mitterlehner appears on “Cavuto: Coast to Coast” to discuss whether the crypto industry can survive the FTX fiasco. The bankruptcy of FTX Trading and other cryptocurrency companies will give the legal system — like Dorothy Gale in “The Wizard of Oz” — a peek behind the curtain […]
Cryptocurrency company builds bizarre monument of Elon Musk
IE 11 is not supported. For an optimal experience visit our site on another browser. Daniel Radcliffe talks new ‘Weird Al’ film, legacy of ‘Harry Potter’ 07:39 TODAY producer runs New York City Marathon with Sunday Mug 01:26 Now Playing Cryptocurrency company builds bizarre monument of Elon Musk 00:45 UP […]
Binance holds $74.7 billion worth of crypto in its reserves and roughly 40% are in the firm’s own tokens, report says
Antonio Masiello/Getty Images Nearly half of Binance’s reserves are in the firms own stablecoin and native token, according to Bloomberg. Co-founder Changpeng Zhao said earlier this week Binance would be more transparent and provide proof of reserves. The exchange’s total holdings amount to about $75 billion. About 40% of Binance’s […]
Mastercard will help banks offer cryptocurrency trading
A 3D printed Mastercard logo is seen in front of displayed stock graph in this illustration taken September 20, 2021. Dado Ruvic | Reuters Mastercard is looking to bring crypto to the masses by making it easier for banks to get involved. The payments giant plans to announce a program […]
Cryptocurrency Market Size Worth USD 2.9 Billion, Globally,
Chicago, Nov. 08, 2022 (GLOBE NEWSWIRE) — The report “Cryptocurrency Market by Offering (Hardware (ASIC, GPU, FPGA, Others), Software (Mining Platform, Exchange, Coin Wallet)), Application (Optimization, Machine Learning, Material Simulation), Type (Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB), Cardano (ADA), Ripple (XRP), Others), End User (Trading Retail and […]
The Future Of Cryptocurrency Will Alter, But…
The cryptocurrency market is a swift-moving, unpredictable beast. New currencies and tokens are created daily, and the technologies that power them are constantly changing to address new requirements and issues. BitQT is the most widely used Exchange trade application. For additional sets, go to bitcointrader2.com. Although the direction of cryptocurrencies […]