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The popular lending company is restricting user access to funds.Key Takeaways BlockFi has announced that it will halt withdrawals following uncertainty around FTX's financial standing The company said...
Cryptocurrency markets were rattled this week by the abrupt collapse of FTX, a major exchange.Facing a wave of customer requests for withdrawals, FTX announced it was experiencing...
Crypto winter is getting even colder this week as FTX, one of the biggest crypto exchanges in the world, stands on the brink of a collapse after a liquidity crunch. Moreover, FTX’s rival and...
Solana tokens and NFTs are getting crushed following the news of FTX’s downfall, and on-chain data suggests more pain is ahead.Key Takeaways The Solana ecosystem suffers from the recent news and...
Changpeng “CZ” Zhao and Sam Bankman-Fried jointly announced Binance’s plans to acquire FTX Tuesday. The impact on the crypto market has been severe.Key Takeaways Binance has signaled...
Solana plummeted nearly 40% on the Binance-FTX deal, extending the token's losses from its ATH to 93%.Solana (SOL) is down more than 93% from its all-time high in November 2021. The token plunged...
Bitcoin extended a selloff for a fourth straight day in its worst slide since June. The cryptocurrency has been ranging for nearly five months since reaching its June 18 low of $17,611, its lowest...
Rumors that the FTX-affiliated trading firm Alameda Research is facing insolvency have caused users to withdraw funds from the FTX exchange en masse.Key Takeaways FTX's FTT token has broken critical...
The implications behind Binance’s acquisition of FTX rocked the crypto market generally and FTX-backed tokens more specifically.Key Takeaways Binance's planned acquisition of FTX has sent...
The U.S. Treasury has updated its sanctions against the coin mixer.Key Takeaways The U.S. Treasury and its OFAC department have redesignated the sanctioned coin mixer Tornado Cash The Treasury related...
The midterm elections are upon us—here's what the results could mean for the future of cryptocurrency in the U.S.Key Takeaways U.S. midterm elections are happening today, and the results will be...
The DOJ added more than 50,000 BTC to its stash last November, meaning the U.S. government currently owns 214,046 BTC at minimum The DOJ announced today that it seized 50,676.17 BTC from a Silk Road...
After Aptos' mainnet launch and big airdrop last month, several new applications are launching on the blockchain, many of which have hinted at potential airdrops of their own.Key Takeaways Hundreds of...
Solana made several big announcements at its Breakpoint conference this weekend. However, SOL didn’t take much notice.Key Takeaways Solana made a number of big announcements at Breakpoint this...
Loopring has soared 49.5%, Polygon is up 21.6%, Lido DAO has gained 17%, and several Ethereum DeFi tokens have posted double-digit gains.Key Takeaways The cryptocurrency market has jumped off the back...