Author: e_cash_top

—

by

[ad_1] Users with funds on FTX might not be able to return their funds if the exchange’s deal with Binance falls through. According to the exchange’s terms of service agreement, no user funds deposited into the exchange can be insured: “Neither Digital Assets nor any fiat currency or E-Money held in your Account is eligible…

Bricktrade partners with Blocksquare to tokenize real estate

—

by

in Uncategorized

[ad_1] Bricktrade, a U.K.-based company focusing on real estate tokenization, announced today that it has entered into a strategic partnership with Blocksquare. Blocksquare is a tokenization company specializing in real estate, developing turnkey solutions that enable users to manage the process of tokenization. The partnership is set to enable Bricktrade to make property investing available…

Crypto markets lose almost $100B as FTX implosion leads to carnage

—

by

[ad_1] In the last 24 hours, the cryptocurrency market cap saw outflows in excess of $100 billion as the industry plunged to $875.52 billion from $971.29 billion as of press time — down 11.02%. Bitcoin and Ethereum market cap fell by 9.06% and 17.56% to $341.85 billion and $149.58 billion, respectively. The top 10 cryptocurrencies…

Double dip expected as flood of unlocked Solana to hit the market

—

by

in Uncategorized

[ad_1] Technical Analyst @DU09BTC warned that 18 million Solana tokens are due to hit the market following the end of their staking lock-in period at the current epoch. He fears that holders will exit positions causing a “second wave of selling.” 18 mil #SOL about to hit the market within 24h. 👇 Those with a…

FTT, SOL, APT tank over FTX insolvency woes

—

by

[ad_1] The “crypto feud” between Changpeng ‘ Zhao (CZ) and Sam Bankman-Fried (SBF) took a turn for the worse on Nov. 8 — culminating in the biggest bull trap in recent memory. Since Nov, 6, when CZ tweeted Binance’s intentions to offload its holdings of FTT tokens, $152.6 billion has left the crypto market resulting…

Canada’s third-largest pension fund invested in FTX at $32B valuation

—

by

[ad_1] The third-largest pension fund in Canada could suffer major losses as part of the FTX fallout. The Ontario Teachers’ Pension Plan was among a handful of investors that participated in a $400 million Series C funding round FTX held in January. SoftBank, Lightspeed Venture Partners, Steadview Capital, and Paradigm were among other institutional investors…

Sam Bankman-Fried’s net worth fell 93% in 1 day, loses Billionaire status

—

by

[ad_1] The Bloomberg Terminal has updated its estimate of FTX CEO Sam Bankman-Fried’s net worth on Nov. 8 to $991 million, down from $16 billion the day before. Source: Bloomberg The reduced estimate that takes away SBF’s billionaire status comes as the native token of the FTX exchange, FTT, fell over 83% to a low…

FTT token active addresses close to 0 for the entirety of 2022

—

by

[ad_1] Active addresses transacting with FTX’s FTT token have been close to zero throughout 2022, according to Glassnode data analyzed by CryptoSlate. Before Binance announced a potential FTX acquisition, it appears the token has been relatively inactive on-chain. Source: Glassnode Given that most activity on exchanges happens off-chain and FTT is the native token of…

Coinbase CEO calls out “risky business practices” in FTX saga, sympathizes with those involved

—

by

[ad_1] Coinbase CEO Brian Armstrong took to Twitter on Nov. 8 with a thread that started by sharing his “sympathy for everyone involved in the current situation with FTX.” Armstrong empathized that it can be “stressful” when customer assets are at risk. However, the Coinbase CEO ensured the community understood the differences between Coinbase and…

Marathon Digital becomes 2nd largest Bitcoin holder among public companies, has not sold any BTC

Nov 8, 2022

—

by