FTX’s Collapse Has Led to a Cut in BTC Reserves on Exchanges
The collapse of crypto trading platform FTX has led to a record outflow of Bitcoins from exchange balances to cold wallets.
The Quarterly Earnings of Miner Maker Canaan Fell by 90% in Q3
Bitcoin miner maker Canaan posted a net profit of $8.6 million in the third quarter, which is 90% less than in the previous period.
106,000 BTC Have Been Withdrawn from Exchanges in a Month Due to FTX’s Crisis
A record outflow of Bitcoins from exchange balances to cold wallets has been seen amid the collapse of FTX.
Bitfinex Releases Information About Exchange’s Reserves
Paolo Ardoino has shared information about the balances of hot and cold wallets of the trading platform.
Crypto Exchange AAX Suspends Withdrawals
AAX has suspended withdrawals citing a planned system update as the reason.
Sequoia Capital Had a $150M Investment in FTX.com and FTX.US
Venture capital firm Sequoia Capital has assured its investors that it was not affected by the collapse of FTX.
US Crypto Exchange Coinbase Fires 60 Employees
Coinbase has laid off more than 60 employees due to the current collapse of the crypto market.
Crypto Trading Platforms Liquidate $873M in Positions as BTC Price Crashes
The collapse of Bitcoin and other digital currencies has triggered a major liquidation of positions in the futures market.
MetaMask Developers Add Cross-chain Bridge Aggregator to Wallet
The MetaMask team has launched a beta version of the MetaMask Bridges tool.
Bored Ape Yacht Club Founders Propose a Royalty Collection Model for NFT Creators
The creators of the NFT collection Bored Ape Yacht Club (BAYC) have presented a solution for collecting royalties from secondary sales of assets.
Tether’s CTO Paolo Ardoino Denies USDT’s Deviation from USD
According to Tether’s CTO Paolo Ardoino, the 3% deviation of USDT from $1 observed on CoinGecko was due to a glitch, not the real state of affairs.
Celsius Files Petition to Put Off the Development of a Reorganization Plan
Celsius Network has filed a petition with the Bankruptcy Court for additional time to develop a reorganization plan.
