CryptoPotato
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FTX and Alameda File for Bankruptcy, SBF Resigns as CEO
FTX has filed for Chapter 11 Proceedings in the United States. This follows the fiasco over the past couple of days where the company failed to...
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El Salvador Does Not Hold Any BTC on FTX, Said Changpeng Zhao
The President of El Salvador – Nayib Bukele – reportedly dismissed the arising rumors that his country holds its bitcoin stash on the...
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CoinShares Reports Over $30 Million Worth of Crypto Stuck on FTX
Europe’s largest digital asset investment and trading group – CoinShares – revealed that approximately 11% of its total net...
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Chainlink Touts Proof-of-Reserve as Solution to Crypto Contagion
The crypto contagion has continued this year, with FTX compounding matters this week. This has put the spotlight on transparency, especially for...
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Bahamas Regulator Freezes Assets Belonging to Beleaguered FTX Crypto Exchange
Amid the problems plaguing cryptocurrency exchange FTX, the Securities Commission of the Bahamas (SCB) has frozen the firm’s assets. The...
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Canada’s Teacher’s Pension Fund Faces Investment Issue in FTX’s Liquidity Crunch
Canada’s Ontario Teachers Pension Plan (OTPP) is in jeopardy due to its large investment in the cryptocurrency exchange FTX, which is...
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Investment Bank CEO Tried Warning SBF About FTX’s Potential Collapse
Investment banking company Jefferies Group’s CEO, Richard “Rich” Handler, took to Twitter to reveal that he unsuccessfully tried...
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Kraken’s Jesse Powell Blasts FTX CEO, Lists All Red Flags About SBF
The past few days were unnerving as the crypto industry watched the fall of FTX, one of the world’s largest crypto exchanges. With FTX now...
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FTX Once Again Processing Withdrawals, On-Chain Data Shows
Struggling crypto exchange FTX appears to be processing withdrawals again, according to publicly available blockchain data. Data from...
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SBF’s Apology: Vows FTX to Make Customers Whole
Sam Bankman-Fried issued an official apology following the collapse of his cryptocurrency exchange. He talked about making customers whole and...
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OnePlanet to Provide Polygon-dedicated Launchpad Services
[PRESS RELEASE – Seoul, Korea, 9th November 2022] NFT Marketplace, OnePlanet, is presenting its launchpad service to support the Polygon...
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SBF’s Leaked Chat Reveals FTX Anticipates a Raise From Tron’s Justin Sun
The fall of the FTX empire has sent the crypto market into yet another deadly spiral. With Binance pulling out of the deal, Tron’s Justin...
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$200B Gone From Crypto Markets in 2 Days as Bitcoin Slumped to $15.5K
Bitcoin, and the entire market for that matter, has seen better days as the asset plummeted to multi-year lows of $15,500. The alternative coins...
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SBF’s Wealth Suffers an Estimated 94% Drop After FTX Fiasco: Bloomberg
The past few days saw extreme turbulence related to FTX, Alameda, and Binance. In the wake of it, ending with Binance’s statement of intent to...
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Galaxy Digital Held $77 Million in FTX Exposure, Earnings Show
In its recently released third-quarter earnings report, crypto financial services firm Galaxy Digital revealed that it holds over $76 million...