Some bitcoin owners are complaining about the cruel and unfair twists of fate that have led the cryptocurrency to plunge in recent days. In a five-day period from last weekend Read more
Tag: Money/Currency Markets
Softbank discloses $100 million investment in FTX but mostly avoids crypto bets
SoftBank on Friday disclosed a $100 million venture capital investment in crypto broker FTX and said it would not face a material markdown in the value of it stake in Read more
Crypto lender BlockFi pauses withdrawals in wake of FTX’s collapse
Crypto lending platform BlockFi announced it was halting withdrawals Thursday night in the wake of the collapse of crypto exchange FTX. “We are shocked and dismayed by the news regarding Read more
Crypto lender BlockFi pauses withdrawals in wake of FTX’s collapse
Crypto lending platform BlockFi announced it was halting withdrawals Thursday night in the wake of the collapse of crypto exchange FTX. “We are shocked and dismayed by the news regarding Read more
Alameda appeared to have shorted Tether, as the stablecoin briefly fell off peg
Alameda Research, a crypto trading firm affiliated with embattled crypto exchange FTX, appears to have shorted the dollar-pegged stablecoin Tether (USDT) on Thursday, according to blockchain data. However, FTX’s chief Read more
“This is an opportunity for the United States to really be the one to put out some more of this clear regulation”: Coinbase CEO says after FTX downfall
“This is an opportunity for the United States to really be the one to put out some more of this clear regulation.” — Brian Armstrong, Coinbase CEO The U.S. needs Read more
FTX’s fall explained: ‘This is the worst’ moment for crypto this year.
Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. It has been an historic week for Read more
Oil prices mark first gain in 4 sessions as a modest slowdown in U.S. inflation helps weaken the dollar
Oil futures ended higher on Thursday for the first time in four sessions, as U.S. data revealed signs of easing inflation, prompting a pullback in the dollar and raising the Read more
Bitcoin prices score reprieve as Sam Bankman-Fried’s FTX faced stunning unraveling
After a surprise announcement that Changpeng Zhao, the chief executive of Binance, had signed a non-binding letter of intent to buy FTX on Tuesday, the firm eventually walked away from Read more
The $26 billion rise and fall of FTX crypto king Sam Bankman-Fried
Just six months ago, CEOs, celebs and world leaders like Bill Clinton and Tony Blair flocked to him, gathering at a Davos-like conference he hosted in the Bahamas where he Read more