Bi-Weekly Recap: October 28 – November 11, 2022
Bi-Weekly Recap Continue reading on Messari
BitMEX Co-Founder on Future of Crypto Market in the Wake of Collapse of FTX Empire
On Wednesday (9 November 2022), Arthur Hayes, Co-Founder and former CEO of BitMEX, shared his thoughts on troubled crypto exchange FTX and how its potential bankruptcy could affect the crypto market.…
$SOL Whale in Danger as It Faces a Potential $52 Million Liquidation, Suggests on-Chain Data
Data from the Solana ($SOL) blockchain has revealed that a large whale is facing a potential liquidation of around $52 million worth of the cryptocurrency as its price tumbles over…
Bitcoin ($BTC) Traders Move to Buy the Dip as ‘Feelings of Hopelessness’ Take Over
Bitcoin ($BTC) investors are moving to buy the dip after the cryptocurrency’s price plunged from around $20,000 to $16,000 after cryptocurrency exchange FTX endured a liquidity crisis that revealed it…
Kraken Founder on FTX CEO’s ‘Sociopathic Behavior’: “I’m really Trying To Control My Rage”
On Thursday (10 November 2022), Jesse Powell, Co-Founder (and former CEO) of crypto exchange Kraken found time to comment on the alleged actions of Samuel Bankman-Fried (aka “SBF”), Co-Founder and…
Gate.io Announces It Will Make Its Merkle Tree Proof of Reserves Solution Open-Source
Majuro, Marshall Islands, 10th November, 2022, Chainwire The cryptocurrency exchange Gate.io has made its Merkle Tree Proof of Reserves solution open-source. Announced by Gate.io’s Founder and CEO, Dr. Lin Han today, the exchange…
FTX Meltdown: Implications and Insights
In a throwback to the early days of crypto, FTX, the third largest crypto exchange, halted user withdrawals during a bank run. There is reportedly a shortfall of $8 billion.…
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