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Some companies have resulted in layoffs to deal with their million-dollar losses.
The commissioner said Congress may have to intervene in relations between the regulating agencies, but both have a role to work out; until then the burden...
In the past 48-hours Bitcoin traders added to their leveraged long positions even as crypto critics and politicians ramp up their criticism of cryptocurrencies.
“This is categorically a very, very negative thing for human beings and for the regulatory environment,” Yang said.
FTX is gone, and it looks like many centralized crypto platforms will fall with it. But is there a silver lining?
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The bears were in control for the second week after FTX collapse, leading to a market-wide dismal performance including top 100 DeFi tokens.
Businesses exposed to Sam Bankman-Fried’s bankrupt cryptocurrency exchange are beginning to topple.
Bitcoin and select altcoins are struggling to rise above their immediate resistance levels, indicating that bears remain in full control.
