Orphan Block

2022-11-11 21:21:01 Open / Comment

2022-11-11 19:02:03 Venturer FTX - Sequoia Capital's address to its partners:

"Relying on our understanding of the state of affairs as of now, we accept the fact that our $150 million investment has turned to 0."

We also say goodbye to FTX user funds Open / Comment

2022-11-11 16:04:01 Wait for it !

Sounds on Open / Comment

2022-11-11 14:02:01 BlockFi pauses withdrawals in wake of FTX collapse

Earlier this year, BlockFi made a deal with FTX.

The company said in a tweet that the "lack of clarity" around FTX's current situation meant it would pause client withdrawals. It also told clients not to deposit to its wallet or interest accounts. Open / Comment

2022-11-11 10:23:19 Investors losing confidence in central exchanges

"More than 80,000 BTC left exchanges wallets in the last 24 hours." Open / Comment

2022-11-10 19:02:03 Crypto options exchange Deribit says it is unaffected by FTX and Alameda collapse.

Deribit, the leading crypto options exchange, said it does not have any "large and risky" positions with Alameda Research, the sister firm of embattled crypto exchange FTX.

Furthermore, Deribit also reiterated that it does not have a trading desk or group company that clears markets or trades on its behalf.

Deribit also promised to publish a Merkle Tree proof-of-reserve for its reserve assets — something other crypto exchanges have also promised to do. Open / Comment

2022-11-10 16:43:02 Massive spike in volume for the two main bitcoin ETFs $BITO and $BITI, who combined for nearly $1b in volume Open / Comment

2022-11-10 13:45:23 Binance backs out of FTX acquisition deal.

Crypto exchange giant Binance will not buy FTX after reviewing the company's financials.

"Our hope was to be able to support FTX's customers to provide liquidity, but the issues are beyond our control or ability to help," Binance said in a statement.

FTX had agreed yesterday to sell its non-U.S. assets to the rival exchange amid a liquidity crunch related to the collapse of its native exchange token FTT. But successive reports cast doubt on the likelihood, with sources citing an insurmountable financial hole in FTX's books. Open / Comment

2022-11-10 11:30:38 BTC’s correlation with the US stock declined to 0.4. Meanwhile gold has been on the rise. Open / Comment

2022-11-09 20:13:01 The data show that many traders have begun to use perpetual $ETH futures more frequently as their preferred instrument for trading speculation.

The volume of perpetual $BTC futures (not open interest) is now below 50 percent dominance as the volume of $ETH perpetual trading exceeds the volume of $BTC perpetual trading. Open / Comment