Regulation
FTX liquidity crunch leads to contagion fears; Friday updates and running commentary
The following is a running compilation of views and comments on the possible short- and long-term outcomes of FTX’s liquidity crunch.
Danny Park
Lens
Cryptocurrency Exchanges
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Crypto Trading and Strategies
Industry reacts: FTX bankruptcy fears rise after Binance scraps rescue
There are not many white knight investors that are large enough to bail out the embattled crypto exchange, industry insiders say.
Timmy Shen
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Crypto Trading and Strategies
Crypto exchange outflows rise amid FTX fiasco
Over 5.2 billion stablecoins left crypto exchanges on Wednesday, the most in five months, on-chain data showed.
Timmy Shen
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Regulation
FTX debacle has crypto industry pointing finger at regulators in call for clear rules of the road
The FTX.com unraveling has prompted crypto industry leaders to demand clearer rules of the road for trading digital assets.
Pradipta Mukherjee
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Crypto Trading and Strategies
Binance the winner in FTX saga, set to gain more customers
Binance may have nixed the deal to bailout rival exchange FTX.com, but it could still gain a big chunk of FTX's business as investors flee the platform.
Dylan Butts
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Bitcoin News
Binance likely to back out of FTX deal: report
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
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Regulation
The fall of FTX “not good for anyone,” CZ says
The sudden downfall of top cryptocurrency exchange FTX will bring in more regulatory scrutiny and raise the difficulty of obtaining licenses around the world, Binance founder and chief executive Changpeng Zhao said in an internal note, which he shared with the public via Twitter on Wednesday.
Pradipta Mukherjee
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Bitcoin News
Binance boosts emergency insurance fund to US$1 billion on market volatility
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
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Bitcoin News
Binance set to swallow FTX as run on exchange allows CZ to swoop
Top blockchain and crypto news: FTX concedes defeat in long battle with Binance. Crypto eyes Congress races. Hong Kong U-turns on digital assets.
Forkast.News
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Crypto Trading and Strategies
Indian crypto exchange WazirX introduces profit, loss function
WazirX, India’s largest cryptocurrency exchange by trade volume, has introduced a profit and loss function for users to analyze and calculate their investments.
Pradipta Mukherjee
