The crypto market has seen a surge in the first two weeks of the year, with Bitcoin (BTC) reaching above $20,000 for the first time since the FTX collapse in November 2021. The largest cryptocurrency by market capitalization started the week near the $17,000 mark and has now gained more than 20% in the opening …
Crypto Market Surges in Early 2023 as Bitcoin Reaches Above $20,000 Read More »
On Tuesday, FTX signed a bailout deal with bigger rival Binance after a surge in withdrawals triggered a “significant liquidity crunch.” Concerns about FTX’s financial health reportedly caused him to withdraw $6 billion (£5.2 billion) in just three days. Binance has said it has agreed to purchase FTX’s non-U.S. entity pending due diligence. FTX founder …
FTX: Cryptocurrency Market on the Brink of Stock Exchange Collapse Read More »
The SEC claims that “Trade Coin Club” is a Crypto Ponzi scheme The US Securities and Exchange Commission (SEC) indicted four people on Friday for their role in a cryptocurrency fraud scheme. However Torres Braga, Joff Paradise, Keleionalani Akana Taylor and Jonathan Tetreault were reportedly involved in Trade Coin Club, “a Ponzi cryptocurrency fraudulent scheme …