FTX Fraud: Who Are Sam Bankman-Fried’s Biggest Victims?

Key Takeaways The collapse of FTX is already going down as one of the most severe crypto-related frauds in history. Over the course of a week, Sam Bankman-Fried’s carefully-curated empire was shattered... Read more »

Crypto Traders Are Flocking to DeFi After FTX Exchange Implosion

Key Takeaways The decentralized futures platform GMX has seen an increase in use following the collapse of FTX. Last week, GMX registered a new all-time daily high trading volume of $1.17 billion.... Read more »

Why Was Cosmos Hub’s ATOM 2.0 Proposal Rejected?

Key Takeaways A hotly contested vote saw the Cosmos Hub community rejecting the proposal to implement the ATOM 2.0 whitepaper. 37.99% of the tokens voted “NoWithVeto,” signaling strong pushback from the community.... Read more »

FTT Tanks 28% as FTX Exchange Struggles to Process Withdrawals

Key Takeaways FTX’s FTT token has broken critical support at $21. The downward move was spurred by a loss of confidence in the FTX exchange. FTX users have been withdrawing funds from... Read more »

FTX and TRON Have Launched a Highly Suspicious Withdrawal Scheme

Key Takeaways FTX is enabling its users to withdraw their funds, but only if they buy select tokens from the TRON network. These tokens—TRX, BTT, JST, SUN, and HT—are trading at a... Read more »

Crypto’s Volatile Week Continues as Inflation Softens to 7.7%

Key Takeaways Inflation has registered a 7.7% year-on-year increase in October. The figure is 0.2% less than the analyst expectation of a 7.9% increase. The crypto market has bounced on the news,... Read more »

FTX Is Bust and Crypto Is Plummeting. What Happens Next?

Key Takeaways Binance has signaled that it plans to acquire FTX as the younger exchange battles a “liquidity crunch.” Crypto prices are plummeting in the fallout from the bombshell announcement. FTX’s demise... Read more »

Solana Ecosystem Imploding in Wake of FTX Collapse

Key Takeaways The Solana ecosystem is suffering from the recent news and rumors of insolvency surrounding FTX and Alameda Research. SOL is down 45% at the time of writing. Data reveal that... Read more »

Election Day Is Here. Here’s What It Means for Crypto

Key Takeaways U.S. midterm elections are happening today, and the results will be hugely important to crypto. While a Republican win is generally thought to be more favorable to the space, crypto... Read more »

Binance’s FTX.com Acquisition Plunges Market Into Chaos

Key Takeaways Binance’s planned acquisition of FTX has sent markets into turmoil. Tokens backed by FTX and Alameda Research and suffering acutely from the news, especially FTT, which is down about 80%... Read more »