Tag: FTX

  • Bitcoin: New York State Bans Mining, Here’s Why

    Bitcoin: New York State Bans Mining, Here’s Why

    Bitcoin takes another hit at this turbulent time, with New York State Governor Kathy Hochul signing a law banning crypto mining via proof-of-work technology on the ground, unless the miner uses 100 power. % renewable. Hochul justified the move with an attempt to curb the carbon footprint by cracking down on mines that use electricity […]

  • FTX: This is what happened to the fallen crypto giant

    FTX: This is what happened to the fallen crypto giant

    The failure of FTX has left a deep groove in the cryptocurrency market. Investor doubts about the sector had already risen after the implosion of the TerraUSD stablecoin and its related LUNA token, followed by the bankruptcies of digital currency lender Celsius, Digital Voyager exchange, and hedge fund Three Arrows Capital. The wound inflicted by […]

  • Cryptocurrency crack

    Cryptocurrency crack

    Cryptocurrencies in decline. The great fall and crack of cryptocurrencies. The market fears the bankruptcy of Genesis Sales on the cryptocurrency market do not stop. Bitcoin plunges below $16,000, hitting a new low of $15,500 on reports that crypto lender Genesis is about to file for bankruptcy, following the fate of Sam Bankman-Fried’s FTX. The […]

  • FTX: Over $3 Billion in Exposure from Lenders

    FTX: Over $3 Billion in Exposure from Lenders

    FTX’s bankruptcy proceedings begin with disturbing news: The top 50 creditors of Sam Bankman-Fried’s companies have more than $3 billion in claims. Among these there are two who are entitled to more than 200 million dollars, while the others have assets of more than 20 million dollars. Customer names have been withheld for now, and […]

  • “Get out of all markets”: the alarming recommendation made by this Bitcoin specialist

    “Get out of all markets”: the alarming recommendation made by this Bitcoin specialist

    Despite the fall of FTX, other factors torment the price of Bitcoin according to this crypto specialist The price of Bitcoin (BTC) has fallen sharply in recent days due to the news that the FTX exchange filed for bankruptcy and its value is at a floor of USD 16,000. Although the day of this Sunday, […]

  • Bill Gates warning about the famous NFTs and cryptocurrencies

    Bill Gates warning about the famous NFTs and cryptocurrencies

    The cryptocurrency market is in a difficult situation. The FTX platform debacle, after declaring bankruptcy just a few days ago, has deepened the instability of cryptocurrencies, directly impacting the value of some digital currencies, such as bitcoin and Ethereum. Just a year ago, investments in these currencies were multiplying and the famous NFTs were also […]

  • How to keep my cryptocurrencies safe?

    How to keep my cryptocurrencies safe?

    For many, recent events have highlighted the need to own their private keys so as not to be dependent on any centralized entity. So what is the best option to keep your cryptocurrencies safe? Keeping your bitcoins: the ideal solution? The bankruptcy of one of the largest exchanges on the planet has many consequences for […]

  • The cryptocurrency pre-sale that raises millions of dollars

    The cryptocurrency pre-sale that raises millions of dollars

    Although the cryptocurrency market is going through difficult times, not all projects have a difficult situation to deal with at the moment. This is especially true of pre-sales, which continue to attract investors despite the obvious setback that followed the FTX affair. Thus, among the various pre-sales in progress, if there is one that should […]

  • Is it convenient to buy Bitcoins right now?

    Is it convenient to buy Bitcoins right now?

    Bitcoin continues to lose ground in the cryptocurrency market, still reeling from the failure of FTX. In just over a week, the leading digital currency has lost around 20% of its value from a price of $21,000. A series of tragic financial events in 2022 helped plunge the price, which just a year ago had […]

  • Cryptocurrencies: FTX Fault Infects Genesis and Gemini. Withdrawals Blocked

    Cryptocurrencies: FTX Fault Infects Genesis and Gemini. Withdrawals Blocked

    The contagion of the FTX bankruptcy does not stop and now also involves the cryptocurrency lender Genesis Trading. The New York-based company halted the recalls due to “unprecedented market turbulence,” he said. The bankruptcy filing of the Sam Bankman-Fried group resulted in “abnormal withdrawal requests that exceeded current liquidity,” Genesis said in a statement. The […]