Galaxy Digital Held $77 Million in FTX Exposure, Earnings Show
akohad In its recently released third-quarter earnings report, crypto financial services firm Galaxy Digital revealed that it holds over…
Despite Disappointing Q3 Results, Marathon Is Now the Second-Largest BTC Holder
One of the leading crypto miners – Marathon Digital Holdings – recorded a net loss of $75.4 million,…
Twitter Not the Only One: Meta (Facebook) Sacks 11,000 Employees
As a ‘last resort’ option, Meta CEO Mark Zuckerberg has announced that his company will be slashing 11,000…
Binance Tops up Its Insurance Fund to $1 Billion Following FTX Crash
Binance’s CEO said the world’s largest cryptocurrency exchange increased its Secure Asset Fund for Users (SAFU) to $1…
Bitcoin price hits multi-year low at $15.6K, analysts expect further downside
Investor sentiment in the crypto market is floundering after Binance decided to nix its agreement with FTX to…
OKX, Kucoin say proof of reserves will be ready in a month
In the wake of the FTX liquidity crisis, two major crypto exchanges have announced that they will provide…
Alameda, FTX Ventures Websites Down Following FTX Disaster
Amid the major crypto exchange FTX’s liquidity crisis, two companies closely tied to it – including Alameda Research…
MiCA proponent cites FTX in advocating for regulation: ‘Crypto assets are not play money’
European Parliament economics committee member Stefan Berger has compared the current situation with FTX to the 2008 financial…
Binance Walks Away From FTX Acquisition
Binance walks away from FTX deal following due diligence. Firm also mentioned U.S. investigations of FTX. Retail investors…
Orthogonal Credit alleged key weaknesses in Alameda’s due diligence early in 2022
Orthogonal Credit, an arm of the digital asset hedge fund Orthogonal Trading, disclosed on Nov. 9 that it…