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The crypto industry is still recovering from the collapse of FTX and more than 130 subsidiaries launched a series of insolvencies that led to the industry’s longest-ever crypto winter ...
Amid crypto market volatility, Tether stacked more Bitcoin in the first quarter and GameStop has earmarked more than $1 billion toward BTC purchases.
As the withdrawals remain disabled on FTX, there is no guarantee at the moment that the users will be able to get back their funds. “The near collapse of FTX is one of the darkest incidents in ...
More than a year before its collapse, FTX moved its headquarters to the Bahamas—a country that worked to lure crypto companies to its shores. So what makes the nation attractive to crypto?
Coinbase faces a tough Q1 with a 30% drop in stock. The broader crypto market suffers, while gold gains in a risk-off environment.
Former cryptocurrency firm FTX will start paying its main creditors at the end of May using a cash hoard of $11.4 billion the company has collected since its shut down. Although minor creditors ...
By March 31, it had slumped to $172. That drop marks its worst three-month performance since the final quarter of 2022, when the FTX collapse dragged Coinbase down 46% in just two months.
Nearly 400,000 creditors of the bankrupt cryptocurrency exchange FTX risk missing out on $2.5 billion in repayments after failing to begin the mandatory Know Your Customer (KYC) verification process.
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