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Weekly overview

3 reasons why the FTX fiasco is bullish for Bitcoin

  • Post author:admin
  • Post published:November 18, 2022
  • Post category:Weekly overview

The FTX fiasco is nothing new for Bitcoin as it survived multiple exchange collapses, bear markets and even outright bans in its decade-plus existence. The "Bitcoin-is-dead" gang is back and…

Continue Reading3 reasons why the FTX fiasco is bullish for Bitcoin

Heroic Story secures $6 million to build Web3 tabletop RPG world

  • Post author:admin
  • Post published:November 18, 2022
  • Post category:Weekly overview

The seed round was led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology. Web3 gaming protocol Heroic Story raised $6 million in a seed round led by…

Continue ReadingHeroic Story secures $6 million to build Web3 tabletop RPG world

‘I knew he was desperate’ — Binance CEO CZ opens up on SBF relationship

  • Post author:admin
  • Post published:November 18, 2022
  • Post category:Weekly overview

Binance’s CEO reflects on prior dealings and relationship with SBF after the collapse of his FTX empire. Binance CEO Changpeng “CZ” Zhao knew Sam Bankman-Fried was in a desperate situation…

Continue Reading‘I knew he was desperate’ — Binance CEO CZ opens up on SBF relationship

Australian firm raises $28M to expand Bitcoin mining capabilities

  • Post author:admin
  • Post published:November 18, 2022
  • Post category:Weekly overview

The Sydney-based Arkon Energy secured $28 million in a recent funding round to expand its renewable energy Bitcoin mining operations despite the volatile market. The turbulent climate of the crypto industry…

Continue ReadingAustralian firm raises $28M to expand Bitcoin mining capabilities

SBF received $1B in personal loans from Alameda: FTX bankruptcy filing

  • Post author:admin
  • Post published:November 18, 2022
  • Post category:Weekly overview

A fresh bankruptcy filing from FTX chief restructuring officer John Ray III highlights that Sam Bankman-Fried received $1 billion in loans from FTX-related silo companies. Former FTX CEO Sam Bankman-Fried…

Continue ReadingSBF received $1B in personal loans from Alameda: FTX bankruptcy filing

Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases

  • Post author:admin
  • Post published:November 18, 2022
  • Post category:Weekly overview

The FTX bankruptcy has left creditors, investors and industry experts questioning what will happen next — Here is what we can expect. Collapsed crypto exchange FTX and 130 affiliates filed…

Continue ReadingBreaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases

Binance, OKX and Bybit suspend USDT and USDC deposits on Solana

  • Post author:admin
  • Post published:November 18, 2022
  • Post category:Weekly overview

The SOL cryptocurrency continues crashing amid the FTX crisis, plummeting 7% on the news of exchanges halting deposits of Solana-based stablecoins. Major cryptocurrency exchanges continue to carry out measures in…

Continue ReadingBinance, OKX and Bybit suspend USDT and USDC deposits on Solana
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