2 years ago
Date: 10 Nov 2022 - 11:47

Troubles for the beleaguered cryptocurrency exchange FTX continue to deepen following reports that a majority of the firms legal and compliance staff have exited the exchange.FTX which is on the brink of collapse recently struck an acquisition deal with Binance but the latter backed out of the rescue deal after seeing the formers balance sheet.According to Semafor on Wednesday November 9 2022 anonymous sources revealed the news of the exit to the publication which reportedly happened on Tuesday evening.While FTX is yet to make an official statement concerning the departure of its legal and compliance staff Semafor mentioned that FTX CEO Sam BankmanFried is an investor in the news outlet.FTX continues to struggle to stay afloat with the exchanges native token FTT plunging to below 3.50 according to Coingecko. While there were previous reports about Binance agreeing to acquire BankmanFrieds FTX things took a Uturn.As reported by CryptoPotato Binance withdrew from the acquisition deal. According to an anonymous source a view of FTXs financials reportedly led Binance to rethink the buyout deal.The post FTXs Legal and Compliance Team Reportedly Resigned appeared first on CryptoPotato.

Read in the source

Share this page

馃憫 Collect a daily bonus of 10 Crowns every day for free! Collect the bonus on the personal page of the Crowns
馃敆 Join our referral program and earn 小rowns together! Invite your friends to our friendly community

Crypto Overview Show morenavigate_next

USDT Market Price Change (24H) Market Cap Last 7 Days
39997.79 $ 0 % 760.32 Billion $
3001.33 $ 0 % 360.05 Billion $
1.001 $ 0 % 82.65 Billion $
398.86 $ 0 % 59.29 Billion $
1.004 $ 0 % 50.96 Billion $
101.49 $ 0 % 33.28 Billion $
0.122 $ 0 % 31.52 Billion $
0.7024 $ 0 % 30.96 Billion $
82.96 $ 0 % 29.44 Billion $
0.9455 $ 0 % 29.42 Billion $

Crypto News Show morenavigate_next

MegaLion is planning to launch a multiplatform exchange that is simple and secure. To do this it is starting with a token airdrop to incentivize its users. The project will airdrop 500 LION tokens for eligible participants with referral bonuses.The MegaLion exchange is a hybrid platform for trading cryptocurrencies that has both centralized and decentralized elements. The project focuses on market

The post This is Why TronTRX Will Emerge As a Clear Winner Amid Crypto Crash appeared first on Coinpedia Fintech amp Cryptocurreny News Media Crypto GuideFollowing the collapse of Terra LUNA and its algorithmic stablecoin Terra USD a closely followed trader has named one cryptocurrency that he believes will emerge as the big victor UST. According to a trader named Light Tron TRX and its algorithm

The law firm representing Ira Kleiman has sent a notice of appeal to the Florida District Court in an attempt to appeal the courts rejection of a Kleiman v. Wright retrial. The selfproclaimed Bitcoin inventor Craig Wright was cleared of all charges at the end of the Kleiman v. Wright trial except one count of conversion.Ira Kleiman Appeals Retrial Rejection in the Kleiman v. Wright CaseOn April 8

Following the lead of Coinbase and others Andreessen Horowitz proposed its own regulatory recommendations for cryptocurrency.

This weeks whirlwind price swings in crypto markets continued on Friday with BTC moving higher following yesterdays declines. Bitcoin has risen back above 30000 on Friday with ETH also climbing above its 2000 point. BitcoinBitcoin was trading higher on Friday as price uncertainty in crypto markets continued to grip traders leading mainly to consolidation.Following a decline to a low of 29389.44 du

On June 23 2022 My Liquidity Partner MLP launched on LBank Exchange.My Liquidity Partner MLP lets liquidity partners receive a weekly passive income from a significant DEX with over 1 Trillion U.S. Dollars in trading activity by utilizing their crypto within the liquidity pools. On June 23 2022 at 2200 UTC8 its native token MLP was launched on LBank Exchange furthering its global reach and assisti

The post Geopolitical Strategist and Author Peter ZeihanPeter Zeihan Thinks Bitcoin Is 8220Dumpster Fire8221 appeared first on Coinpedia Fintech amp Cryptocurreny News Media Crypto GuideLets delve into the most pressing crypto challenges to get the inside scoop on whats going on in the space from individuals who are making it happen.Peter Zeihan is in the spotlight because he has claimed that Bit

Nonfungible tokens NFTs belonging to Starry Night Capital a subsidiary of collapsed Three Arrows Capital 3AC have been moved to a Safe formerly Gnosis Safe address Nansen tweeted on Oct. 4.NFTs previously collected by Starry Night Capital are moving to a Gnosis Safe address.These NFTs include8211 Pepe the Frog NFT Genesis sold for 1000 ETH 3.5M on Oct 5 20218211 Fidenza 718 sold for 240 ETH 1.1M o

With the current bear market in full effect those looking to accumulate Metaverse crypto coins for 2022 and beyond should look at the recent price decline as a great buy opportunity. This article looks at our top 10 underrated Metaverse crypto coins to buy in January 2022 ordered by overall market cap lowest to highest.Alien Worlds TLM 8211 94 millionLaunched in December 2020 Alien Worlds is the m

Stripe has announced its reentry into the crypto space with a range of new offerings for businesses.The payment giant has had a rollercoaster ride with cryptocurrencies that culminated with the company severing its ties with it in 2018.The reentry puts other providers under pressure because of Stripes expansive reach.Stripe comes into the crypto space with a bang offering users a range of services

Gameflip today announced their partnership with southeast asian media juggernaut POPS WORLDWIDE bringing the Gameflip NFT platform to their combined audience of nearly500Musers. As POPS digital payment partner Gameflip will help enable users to make transactions directly in the POPS app to buy these exciting NFTs.Gameflip is an innovation focused technology company creating the commerce engine for

Argentinas central bank the BCRA has prohibited all financial institutions from offering Bitcoin or other cryptocurrency services to clients.According to a Thursday announcement the bank noted that the measure was taken in a bid to mitigate the risks associated with cryptocurrencies. It particularly stated that different actors involved in operations with these assets were not established in the c

Bitcoin has fallen below 34000 the latest drop in value for the flagship cryptocurrency after a slight bounceback over the weekend.

FTX has revealed that it does not have any plans to halt or settle ETH futures prior to the highlyanticipated Merge.In a recent announcement on Tuesday the crypto derivatives exchange revealed that its Ethereum futures and perpetual contracts ETH0930 ETH1230 ETHPERP will track the proof of stake Ethereum after the Merge.It further added8220we will do our best to support continuous trading.8221A mo

Understanding Money Is Key To Understanding Bitcoin 2 years ago

Only by reflecting on the fundamentals of how we transact can we understand what money is and how bitcoin is another evolution of money.Money is the root of all evil.You might have heard or read this phrase before as it gets stated often but without many people realizing that its a misquote of the biblical For the love of money is the root of all evil 1 Timothy 610. This misquote is completely wro