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Bitcoin News
The collapse of one of the world's biggest crypto exchanges last week has investors worried about the finances of other trading platforms. Cold wallet time?
Lachlan Keller
Bitcoin News
While FTX’s cash crunch has rattled global markets and investors, a White Knight investor could quickly turn the tide for the company, O’Leary told Forkast in an interview.
Lachlan Keller
Bitcoin News
Bitcoin rose on Friday in Asia along with Ether and most other major tokens, reversing a three-day slump as the Consumer Price Index (CPI) released Thursday showed inflation in the U.S. slowed in October.
Lachlan Keller
Bitcoin News
Sam Bankman-Fried sent his first series of tweets since Binance announced and then scrapped an offer to buy his cash-strapped cryptocurrency exchange. He apologized, acknowledged mistakes and said he will do right by FTX users.
Lachlan Keller
Bitcoin News
Bitcoin gained 5% after the U.S. Bureau of Labor Statistics reported that the consumer price index (CPI), a key inflation indicator, rose 0.4% in October from September. CPI was up 7.7% from a year earlier, less than the expected 7.9%, and down from 8.2% in September. October’s CPI recorded the smallest 12-month increase since January.
Pradipta Mukherjee
Bitcoin News
Venture capital firm Sequoia Capital has written down its entire US$213.5 million investment in FTX, the company revealed in a tweet on Thursday.
Oisin Mcilroy
Bitcoin News
Cathie Wood’s Ark Invest seized the opportunity provided by Wednesday’s market downturn to snatch a considerable chunk of Coinbase stock.
Oisin Mcilroy
Bitcoin News
Just over 24 hours after news of Binance’s planned acquisition of FTX shook the crypto market, a reversal of that decision sent prices even lower.
Lachlan Keller
Bitcoin News
Binance may scrap its proposal to acquire cryptocurrency exchange FTX, after examining FTX’s “internal data and loan commitments,” according to an unnamed source “familiar with the matter” cited by CoinDesk on Wednesday.
Pradipta Mukherjee
Bitcoin News
Binance, the world’s largest cryptocurrency exchange, has raised its emergency insurance fund “SAFU” to US$1 billion equivalent in cryptocurrencies, founder Changpeng Zhao said in a Tweet on Wednesday.
Pradipta Mukherjee
