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Crypto Exchange Panic! FTX Contagion w/ @Crypto Banter

Amid FTX cryptocurrency exchange officially declaring bankruptcy, Crypto.com has published its proof of reserves in what the platform terms as promoting transparency. Crypto.com announced that an interim audit indicates that its reserves stand at approximately $2.9 billion. Meanwhile, BlockFi, the crypto lender bailed out by FTX earlier this year, has suspended withdrawals only two days […]
bibhuti
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More Crypto Meltdowns Likely Says Pantera Capital CEO | Bitcoin Update

Dan Morehead of Pantera Capital claims that the Federal Reserve has been making serious mistakes for far too long and that these errors are now having an impact on the cryptocurrency market, where further “major meltdowns” are likely to occur. Morehead cites the collapse of Terra as an example of an unsustainable economic/stabilization model. He […]
bibhuti
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