CryptoPotato
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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...
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Twitter Not the Only One: Meta (Facebook) Sacks 11,000 Employees
As a ‘last resort’ option, Meta CEO Mark Zuckerberg has announced that his company will be slashing 11,000 employees from its workforce....
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Binance Will Not Acquire FTX, Exchange Confirms
Binance, the world’s largest crypto exchange, has backed out of its agreement to purchase FTX just one day after signing an agreement to rescue...
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FTX Calamity Could be the Last Crisis of the Bear Market, Says Cardano’s Hoskinson
Charles Hoskinson – Founder of the blockchain platform Cardano – thinks the turbulence around FTX and its native token – FTT...
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Amost $1B Worth of Solana Tokens to Be Unlocked by Thursday
Solana’s Epoch 370 is set to end in a little under 24 hours, and with it will come the unlocking of over 47 million SOL tokens by validators....
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Stablecoin Giants Tether, Circle Disclose Financial Relationship With FTX, Alameda
Amid the chaotic meltdown, asset movement from Circle to FTX surfaced. It was also reported that Alameda could be the second-largest issuer of...
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From Tom Brady and Steph Curry to BlackRock – Some of the FTX Investors and Partners
From SBF rescuing insolvent crypto companies left and right just months earlier to his empire in a near-doom state needing a bailout, there...
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Bitcoin Dumps to 2-Year Low, Solana Nosedives 41% (Market Watch)
The events that transpired in the past few days among two of the largest crypto exchanges brought the entire market down. Bitcoin, for one, dumped...
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Crypto Markets Bleed $130 Billion in 12 Hours as Contagion Continues
In one of the largest and fastest market crashes of the year, $132 billion has been wiped out of crypto assets. What is more remarkable is that...
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Why Coinbase Won’t End Up Like FTX: Brian Armstrong
Coinbase CEO Brian Armstrong argued on Tuesday that his exchange isn’t vulnerable to the sort of fallout suffered by FTX this week. He said...
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Bitcoin Miner Riot Blockchain Posts Disappointing Quarterly Revenue
Bitcoin mining giant Riot Blockchain posted a net loss of $36.6 million. The Colorado-based company generated a revenue of $46.3 million –...
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Binance Will Stay in the Free Market, Says CZ After Rejecting Alameda’s Offer
Fears of a Terra-style debacle have seeped into the crypto market as the Binance-FTX drama continues. Binance CEO CZ made headlines by announcing...
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$640 Million Liquidated Amid Binance-FTX Fiasco, FTT Drops Below $10
Over $640 million in trades have been liquidated from crypto markets in the aftermath of FTX’s drama with Binance. Markets experienced a...