FTX News
Bitcoin Will Survive, But It Could Be a Long Winter: Elon Musk
Bitcoin will survive, but it may be a long winter, tweets Elon Musk.Elon Musk predicts that BTC, ETH, and DOGE will have a bright future.BTC…
John E Deaton Says SBF Did Not Create His Tax Shell Structure
John E Deaton highlighted that Bankman-Fried’s father was an expert in tax shelters.It is believed that Bankman-Fried’s father joined in creating the shell structure. Earlier…
BTC Investors Withdraw Coin at Historic Rate: Tweets Glassnode
Glassnode tweeted the withdrawal of BTC coins at a historic rate of 106 BTC/month.The rate was similar to the pattern of withdrawals in April and…
Crypto Asset Providers Are Animals: European Central Bank Chair
European Central Bank’s finance head warned regulators against crypto asset providers.The ECB said crypto asset providers are “a huge consumer protection issue”.ECB chair called crypto…
BTC Price Dicey After FTX Fallout, Holder Behavior Changes
BTC trades at $16,572.4, down 0.5% in the past 24 hours.Investors have been withdrawing BTC at a rate of 106,000 BTC/month.Glassnode reported this data and…
FTX Customers May Not Recover a Large Portion of Their Deposits
Customers of FTX face a slim chance of recovering much of their deposits, as the crypto exchange has $9 billion in liabilities, but only $900…
NBA’s Miami Heat Sever Ties With FTX and Wants New Arena Name
Miami Heat and Miami-Dade County also want a new naming rights partner for the arena.Both teams called the filing made by FTX for bankruptcy as…
Months to Collapse, FTX Offered 8% Interest on USD & BTC Deposits
FTX offered 8% interest on USD deposit product a few months before its collapse. Binance CEO said people should avoid businesses that offer high incentives for…
Elon Musk Says FTX CEO Set Off His “Bs Detector” With Twitter Deal
Sam Bankman of FTX offered Elon Musk $3 billion to help acquire Twitter.The FTX CEO also proposed a blockchain integration for Twitter.Musk says SBF set…
Charles Hoskinson: Tough Crypto Laws Possible After FTX’s Failure
Cardano’s co-founder said that ‘crypto didn’t fail but people failed’.FTX’s case can damage the industry or possibly offshore the American crypto industry.He suggested honest and…
