Cryptocurrency

Crypto Future's Poster Coin Solana Battered by FTX Collapse

Crypto Future's Poster Coin Solana Battered by FTX Collapse

Reuters | Tuesday November 15, 2022

Solana, a poster coin of the crypto future, is in trouble. The cryptocurrency has been hit harder than any other major coin by the collapse of the exchange.

Crypto Exchange FTX In Talks With Regulators, As Bankruptcy Proceedings Begin

Crypto Exchange FTX In Talks With Regulators, As Bankruptcy Proceedings Begin

Reuters | Tuesday November 15, 2022

Collapsed crypto exchangeFTXsaid in a court filing that it was in contact with financialregulators, and had appointed five new independent directors at each of its main companies.

After FTX Collapse, Cryptocurrency Sector Fights Back

After FTX Collapse, Cryptocurrency Sector Fights Back

Agence France-Presse | Tuesday November 15, 2022, London

The failure of the FTX platform has undermined investor confidence and threatened the young cryptocurrency sector, pushing its main players to mobilise to save it.

What Could More Regulation Mean For The Future Of Cryptocurrencies?

What Could More Regulation Mean For The Future Of Cryptocurrencies?

Press Trust of India | Tuesday November 15, 2022, Coventry

The founder of the world's largest cryptocurrency exchange, Binance CEO Changpeng Zhao, has called for more regulatory clarity after a week of crypto market chaos.

"Crypto Is Not Going Away": Binance CEO Casts Himself As New Saviour

"Crypto Is Not Going Away": Binance CEO Casts Himself As New Saviour

Philip Lagerkranser and Emily Nicolle | Tuesday November 15, 2022

Among the many things shattered in the collapse of FTX was the image of Sam Bankman-Fried as the crypto industry's benevolent king.

Crypto Meltdown: Cautious Approach By Centre, RBI Helps India Steer Away

Crypto Meltdown: Cautious Approach By Centre, RBI Helps India Steer Away

Press Trust of India | Monday November 14, 2022, New Delhi

Cryptocurrency markets worldwide have been battered with billions of dollars being wiped out, but India managed to stay relatively unscathed thanks to a cautious approach of the government and the RBI.

Balance Sheet Strong, Exchange Not In Trouble: Crypto.com Chief Executive

Balance Sheet Strong, Exchange Not In Trouble: Crypto.com Chief Executive

Reuters | Monday November 14, 2022, Singapore

Singapore-based crypto exchange Crypto.com's chief executive said the firm will prove all naysayers wrong on the platform being in trouble, and that it has a robust balance sheet and took no risks.

Crypto.com's CEO To Answer Questions On Youtube After Transaction Errors Lead To Fund Withdrawals

Crypto.com's CEO To Answer Questions On Youtube After Transaction Errors Lead To Fund Withdrawals

Reuters | Monday November 14, 2022, Singapore

Singapore-based crypto exchange said its chief executive will go live on YouTube on Monday to answer questions around some transactions on the platform that had sparked speculation.

Cryptocurrency Industry Needs Clarity Of Regulations: Binance's CEO

Cryptocurrency Industry Needs Clarity Of Regulations: Binance's CEO

Reuters | Monday November 14, 2022, Nusa Dua

Dominant cryptocurrency exchange Binance's chief executive Changpeng Zhao called for new but stable and clear regulations for the industry, in light of recent developments and participants "cutting corners".

Visa Terminates Global Debit Card Agreements With Debt-Ridden Crypto Exchange FTX

Visa Terminates Global Debit Card Agreements With Debt-Ridden Crypto Exchange FTX

Reuters | Monday November 14, 2022

Visa said on Sunday it was severing its global credit card agreements with collapsed crypto exchange FTX.

"Meltdown Being Tracked Real-Time": Elon Musk On Reports About Crypto Exchange FTX Hacking

"Meltdown Being Tracked Real-Time": Elon Musk On Reports About Crypto Exchange FTX Hacking

Edited by Nikhil Pandey | Saturday November 12, 2022

Administrators claim that the cryptocurrency exchange FTX has been hacked and that hundreds of millions of dollars have been transferred out of the wallets.

Crypto Token Tron Founder Justin Sun Ready To Give Billions In Aid To FTX: Report

Crypto Token Tron Founder Justin Sun Ready To Give Billions In Aid To FTX: Report

Reuters | Friday November 11, 2022

Justin Sun, founder of the crypto token Tron, said he was prepared to provide FTX with billions in aid, according to a tweet by a Bloomberg News reporter on Friday.

FTX Scrambles For Funds As Regulators Take Action

FTX Scrambles For Funds As Regulators Take Action

Reuters | Friday November 11, 2022

Regulators froze some assets of distressed cryptocurrency exchange FTX and industry peers raced to limit losses on Friday.

The 5 Best Crypto Blogs In India

The 5 Best Crypto Blogs In India

Sponsored Content | Thursday November 10, 2022

From daily crypto news pieces and market updates to explainers, interviews, and opinion pieces, the 5 best crypto blogs you can find in India.

Behind FTX's Downfall: A Battle of The Billionaires And A Failed Bid To Save Crypto

Behind FTX's Downfall: A Battle of The Billionaires And A Failed Bid To Save Crypto

Reuters | Thursday November 10, 2022

The seeds of FTX's downfall were sown months earlier, stemming from mistakes Sam Bankman-Fried made after he stepped in to save other crypto firms as the crypto market collapsed amid rising interest rates.