The JST token in particular is trading for a premium of around 1,200%, while BTT and TRX have inflated at least 500% apiece.
Nearly all major stablecoins lost their dollar pegs amid the FTX saga, but most have recovered again as markets stabilize.
Ark Investments topped up its Coinbase stock shortly after FTX’s liquidity issues were revealed, which came after Coinbase stated that it had “minimal exposure” to the...
“We intend to communicate as frequently as possible […] but anticipate that this will be less frequent than what our clients and other stakeholders are used...
Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after the 3AC...
Contrary to what you might believe, monetary rewards in gaming are bad for player retention. Developers need to take player psychology and game design into account.
The Bahamas Securities Commission said FTX’s assets could not be moved without the approval of a Supreme Court-appointed liquidator.
According to the FTX US website, “Withdrawals are and will remain open.”
Hedge funds and asset managers are deploying digital asset teams, but a lack of regulatory clarity is holding them back.
According to Press Secretary Karine Jean-Pierre, the administration and financial agencies will “closely monitor” developments in the crypto market.