Cryptoverse: So long, Solana? Ether Rival was beaten by FTX crash
Nov 15 (Reuters) – Solana, a poster coin for the crypto future, is in trouble. The cryptocurrency, which had been praised by FTX’s founder Sam Bankman-Fried,...
Tagged: FUND
EXCLUSIVE At least $1 billion of client funds missing from failed crypto firm FTX – sources
FTX founder Bankman-Fried secretly moved $10 billion in funds to trading company Alameda – sources Bankman-Fried showed spreadsheets to colleagues that revealed the change in funding...
Factbox: Sam Bankman-Fried: The crypto mogul whose empire crumbled
Nov 11 (Reuters) – Sam Bankman-Fried stepped down from his role as CEO of FTX on Friday, and the crypto exchange said it will enter bankruptcy...
Crypto markets in turmoil after FTX bankruptcy
Nov 11 (Reuters) – Crypto exchange FTX filed for U.S. bankruptcy on Friday and Sam Bankman-Fried stepped down as CEO, following a liquidity crisis that has...
Crypto derivatives trading increases as investors hedge positions after FTX shock
Nov 10 (Reuters) – Trading volumes in bitcoin futures and exchange-traded funds (ETFs) have exploded as investors sought to hedge their positions following this week’s decline...
FTX crisis hurts BlackRock, VanEck: “Crypto industry must work twice as hard to rebuild bridges”
Investors in BlackRock’s and other firms’ crypto products saw their values plummet on November 9 as the troubled digital asset industry rebounded from a crisis that...
Analysis: FTX debacle prompts investors to rethink the battered crypto market
NEW YORK/LONDON, Nov 10 (Reuters) – With major cryptocurrency exchange FTX on the brink of collapse, some investors are beginning to question the viability of a...
Rise and fall of crypto exchange FTX
Nov 10 (Reuters) – Cryptocurrency exchange FTX teetered on the brink of failure on Thursday after a bailout by bigger rival Binance collapsed. CEO Sam Bankman-Fried...
Cryptoverse: Bitcoin wants to break the bond with stocks
Nov 1 (Reuters) – After months of tears and tantrums, bitcoin wants to split with the stock markets. The cryptocurrency, which has been closely correlated with...
Cryptoverse: British Pound Fiasco Boosts Bitcoin’s Hedging Appeal
Oct 25 (Reuters) – As a developed nation, you know your currency is in trouble when investors start hedging on bitcoin. After Britain’s short-lived Prime Minister...