Tag: cryptocurrency exchanges

Nov 29 2022

BlockFi Crash: Why did BlockFi file for Bankruptcy?

What is BlockFi? BlockFi was another crypto exchange that also offered interest-bearing custodial service for cryptocurrencies. It started its business back in 2017. To date, BlockFi had more than 100,000 creditors, with liabilities and assets ranging from $1 billion to $10 billion. Why did BlockFi file for bankruptcy? There are 2 main reasons for the reason BlockFi went bankrupt: The crashing crypto market...

Nov 28 2022

Aave Review 2022 – Is Aave Worthwhile?

Quick Summary: Aave (previously EthLend) is a DeFi platform that offers cryptocurrency bank accounts as well as cryptocurrency lending. Aave, like the majority of DeFi platforms, is better suited for seasoned crypto investors with a profound comprehension of the investment market. This article is all about Aave review 2022 and whether Aave is worthwhile or not....

Nov 21 2022

Will Binance Take Over the Crypto Market Following FTX Bankruptcy?

With the recent insolvency of FTX, the crypto market has entered one of the most serious crises in its history. One of the world's largest cryptocurrency exchanges failed, causing a severe market crash. Binance could be the biggest winner. Can Binance utilize even more market power now that FTX has gone bankrupt? Will Binance take over the crypto market following...

Nov 17 2022

[Updated] Solana Prediction: Will Solana Crash after FTX’s Downfall?

The cryptocurrency market suffered from immense losses in the past week. The bankruptcy of FTX sent crashing waves across all cryptocurrencies with no exceptions. Now that we're in the middle of the crash, some cryptos are looking risky to own. This is especially true for Solana,...

Nov 15 2022

After FTX Crash: Which RISKY Crypto Exchanges might collapse?

The bankruptcy of FTX and the implosion of the FTX token has triggered a severe crisis in the crypto market. Confidence in the crypto market and its institutions has been severely damaged in the past few days. Binance looks set to be the big winner as the largest crypto exchange looks to acquire one of its toughest competitors. But what about other crypto...

Airdrop Alert: Metamask Airdrop Could be One of the Biggest Airdrops Ever

Metamask is a browser extension and mobile app that gives you a key vault, safe login, token wallet, and token exchange, in addition to everything you really ought to handle your assets. This article is all about the possible Metamask airdrop guide that could be one of the biggest airdrops ever. Let's take a look at it in more detail. What is Metamask?...

Nov 14 2022

Solana Prediction: Will Solana Crash after FTX’s Downfall?

The cryptocurrency market suffered from immense losses in the past week. The bankruptcy of FTX sent crashing waves across all cryptocurrencies with no exceptions. Now that we're in the middle of the crash, some cryptos are looking risky to own. This is especially true for Solana,...

Nov 13 2022

The Next black Swan Event?: Gate.io and Crypto.com Seem to be Fabricating Proof of Reserves

Following the demise of FTX, the crypto community is particularly worried that some crypto exchanges, such as Gate.io and Crypto.com, seem to be falsifying their proof of reserves. The failure of Samuel Bankman-FTX Fried's exchange pointed out the importance of proof-of-reserves for centralized exchanges. Cold...

Nov 12 2022

Bitcoin Prediction: Bitcoin will reach THIS level according to this TYCOON

There are still many theories that the crypto crash did not end yet. In fact, in a previous article, we did mention that the crypto winter. In fact, he predicted that Bitcoin price was going to crash from almost $70,000 to reach a low of $10,000. Bitcoin is currently sitting around $16,800. Will Bitcoin crash to 10K? Let's see...

Nov 11 2022

FTX Update: This User withdrew MILLIONS from FTX, and SBF to Prison?

There is a lot of speculation around FTX and what happened with the company. People fear that their investments went to bust, while others find loopholes to withdraw millions. Did the CEO of Binance CZ really plan this attack? Or was it pure mismanagement from the CEO of FTX Sam Bankman-Fried (SBF)? Will SBF go to prison?...

Nov 10 2022

Binance CEO internal memo: Binance CEO claims he did not “master plan” FTX’s extinction

Changpeng Zhao, the CEO of Binance, also recognized as "CZ," tried to warn users that the company's intention to procure FTX may attract scrutiny from global regulators — but the firm is ready. We previously stated in our exclusive article that Binance appears to have planned to sell FTT tokens on open markets to...

Nov 09 2022

Binance Backs OUT from FTX Purchase: Renewed Crypto Market CRASH?

Breaking News: Binance backs out from its decision to acquire FTX. This news took another heavy toll on the crypto market. In the past 24 hours, the crypto market lost on average around 14%. Will the crypto market continue to crash further in the coming few days? In this article, we go over the details of Binance canceling its deal to buy...

Bybit Values ​​Transparency in Crypto and Plans to Create a Proof of Reserve Program

The liquidity problem experienced by one of the largest exchanges in the crypto industry has mobilized other exchanges for transparency. Bybit argues that there should be a global standard for greater reliability and trust for the crypto ecosystem and greater transparency to help ensure trust for regulators and customers. That's why it plans to establish a Proof of Reserve program in the near...

Nov 08 2022

Binance acquires FTX: is Binance manipulating FTT 70% crash?

The crypto world is silently watching the fall of a crypto empire: FTX. This crypto exchange was once known to be the second-best in the world, helping other crypto projects out of the dust. Today, the game turned on them, as they are on the fringe of bankruptcy. Binance might look like the good guy, announcing their potential acquisition of FTX, however the...

FTT Token dropped by more than 35% after Binance CEO Changpeng Zhao’s Action

The FTT Token price is leaving no possibility open as it drops like dead wood in the sky. Since the weekend, the token has been deeply involved in a rhetorical war of words between two crypto biggies: Binance CEO Changpeng Zhao (CZ) and FTX's Sam Bankman-Fried (SBF). In the meantime, FTT is trading at $14.61 at the time of writing, pursuing what would...

[Updated] 3Commas Review: Bitcoin & Cryptocurrency Trading Bot Platform

As the cryptocurrency world continues to mature, crypto traders are being presented with an ever increasing range of services designed to help simplify the trading process, and help traders of all experience levels to record consistent gains. 3Commas is a comprehensive cryptocurrency trading platform that allows its users to make use of automated trading bots [...] The post 3Commas Review: Bitcoin & Cryptocurrency...

Nov 03 2022

XRP Prediction: Why XRP Price might EXPLODE in November 2022?

The cryptocurrency market managed to finally increase since last week. Despite the current correction lower, most cryptos are up. XRP in particular is standing currently around a price of $0.45. November is a very important month for XRP as the results from the SEC lawsuit should start to uncover. Will XRP price increase after the first results? What will happen to the SEC...

Nov 01 2022

This Crypto Analysis Confirms that Crypto Winter REMAINS till 2023?

The crypto market is starting to pick up. Most cryptocurrencies managed to increase by more than 8% since last week. Bitcoin is up by more than 6% while Ethereum managed to increase by more than 18%. However, some crypto analysts still think that a price crash might occur before 2023. Will cryptos crash in December 2022? Will Crypto Winter continue through Q1 of...

Oct 26 2022

Gleec Incorporates With Changelly, Changelly Pro, and FMFW; Announces Token Launch on Six Exchanges

Key highlights: In a bid to create a deep liquidity order book for the GLEEC token, the decentralized digital ecosystem Gleec has partnered with multiple cryptocurrency platforms. Gleec eyes better...

Oct 24 2022

BitMEX Review 2022: Is BitMEX a Good Exchange?

Quick Summary: BitMEX is one of the most robust crypto exchanges in the market. It has a lot to deliver in terms of services, cheap prices, a straightforward user interface, and increased liquidity. BitMEX is a P2P crypto trading platform founded in 2014 by Arthur Hayes, Ben Delo, and Samuel Reed, who have unique experiences in finance, trading, and web development. The holding...

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