Amy Wu’s resignation followed the news 134 companies associated with the FTX Group would be filing for bankruptcy under Chapter 11 in the United States.
FTX and Alameda’s Ponzi-like trading scheme has dealt a heavy blow to the entire crypto industry. Here are three developments to keep a close eye on.
The proposed change would prevent certain coins that have fallen in value recently from being used as collateral.
According to the company, this will bolster its position as a global leader in crypto capital markets.
Ephemeral aspects of pop culture are becoming tradable commodities. That phenomenon will only grow in the years ahead.
Sam Bankman-Fried no longer qualifies for a listing on the Bloomberg Billionaires Index, while Elon Musk’s reported net worth has dropped by more than $86 billion...
The development comes less than twenty-four hours after the platform issued an advisory urging its users to close down trading positions
The DeFi market faced the heat of the FTX turmoil as well with the majority of tokens and projects registering a blood bath over the past...
The crypto market managed an 11% bounce from the Nov. 9 low, but a handful of metrics show a severe lack of investor confidence.
Bitcoin, altcoins and crypto-linked stocks correct sharply after FTX officially files for bankruptcy with BTC price slipping below its June lows again.