CryptoSentinel :: DeFi, IEOs & crypto news and analysis

2022-11-22 19:56:16 Curve token jumps 50% amid squeeze on big short position

https://blockchair.com/news/curve-token-jumps-50-amid-squeeze-on-big-short-position--97dcfa4920

BTC: $16192 ETH: $1132 XRP: $0.37 BCH: $108 Open / Comment

2022-11-16 16:06:44 FTX filed for bankruptcy last week, but the cryptocurrency exchange’s founder still thinks that he can raise enough money to make users whole, according to people familiar with the matter.

Mr. Bankman-Fried, alongside a few remaining employees, spent the past weekend calling around in search of commitments from investors to plug a shortfall of up to $8 billion in the hopes of repaying FTX’s customers, the people said. 

The efforts to cover that shortfall have so far been unsuccessful. Open / Comment

2022-11-15 08:44:54 FTX owes more than $5.0bn USD, $1.41bn BTC, $800mm Tether and $670mm ETH, along with loans to BlockFi, Genesis and LayerZero totaling close to $9.0bn outstanding — link Open / Comment

2022-11-12 19:55:00 High possibility the red year for Bitcoin since 2013 Open / Comment

2022-11-12 09:26:39 FTX just pinned this message in their main telegram chat. Open / Comment

2022-11-11 14:35:56 https://twitter.com/naiivememe/status/1590992357784424449 Open / Comment

2022-11-11 14:19:06 Binance has shared the details of its hot and cold wallets: Over $70B in reserves

As part of ongoing commitment to transparency, Binance has shared the details of their hot and cold wallets’ reserves, including wallet address list. According to the shared data, a total of around $70B is held in $BUSD, $USDT, $BNB, $BTC, $ETH and $USDC by Binance. Open / Comment

2022-11-11 14:18:45 FTX Announcement Regarding the Tron Credit Facility

We are pleased to announce that we have reached an agreement with Tron to establish a special facility to allow holders of TRX, BTT, JST, SUN, and HT to swap assets from FTX 1:1 to external wallets. This functionality will be enabled at 18:30 UTC, November 10, 2022.

The exact capacity of the Tron Token facility will be determined weekly and future injections will occur at 14:00 UTC. The amount to be deposited will depend on a number of factors such as withdrawal demand and funding capacity to be provided by Tron. By providing a set schedule of the amount of tokens to be introduced into the market and the corresponding time, our goal is to provide more clarity to the market allowing users to make better informed decisions.

For more details: https://help.ftx.com/hc/en-us/articles/10739365280276 Open / Comment

2022-11-10 06:50:09 SBF tells investors FTX needs $8B in emergency funding: WSJ

https://blockchair.com/news/sbf-tells-investors-ftx-needs-8b-in-emergency-funding-wsj--522caeaefa

BTC: $16165 ETH: $1143 XRP: $0.34 BCH: $91 Open / Comment

2022-11-10 06:41:31 https://www.coindesk.com/business/2022/11/10/without-details-trons-justin-sun-says-hes-putting-together-solution-for-ftx/ Open / Comment