Ethereum News – Page 7 – WORLD CRYPTO BUSINESS

Pantera Capital reflects on FTX situation and importance of DeFi in latest Blockchain Letter update

[ad_1] Pantera Capital CEO, Dan Morehead, posted a tweet late last night addressing the fallout of the ongoing FTX situation and how it highlights the importance of what Pantera is building. FTX... Read more »

Silvergate Capital says FTX reflects less than 10% of its total deposits from digital asset customers

[ad_1] Silvergate Capital issued a statement to inform the public of its exposure to FTX and its related entities. The provider of financial infrastructure solutions to the digital asset industry adds to... Read more »

FTX crash pushes Bitcoin to self-custody; Ethereum switched for stablecoins

[ad_1] After the FTX collapse, investors are moving large amounts of Bitcoin (BTC) to their self-custody wallets and exiting Ethereum (ETH)  to invest in stablecoins, according to data analyzed by CryptoSlate. Bitcoin... Read more »

FTX seeks bailout to shore up liquidity; 60K BTC withdrawn from exchanges

[ad_1] The biggest news in the cryptoverse for Nov. 10 includes SBF planning to raise funds to bailout FTX and make users whole, SEC chairman Gary Gensler advocating for more investor protection... Read more »

M2 money supply could be a better measure of inflation than CPI

[ad_1] When markets turn red and inflation starts soaring, both regulators and consumers turn to CPI as a gauge for the damage done by soaring prices but in the chaos that ensues... Read more »

Sequoia writes-off over $200M FTX investment as ‘worthless’

[ad_1] Venture capital firm Sequoia Capital revealed that its investment in FTX is worthless, as it is marking the investment down to zero, according to a Nov. 10 note sent to its... Read more »

Alameda Research website goes private following FTX collapse

[ad_1] Alameda Research, the trading firm founded by FTX CEO Sam Bankman-Fried, has put its website into ‘private mode.’ The Squarespace-hosted website was updated on Nov. 9 to only be viewable to... Read more »

FTT token active addresses close to 0 for the entirety of 2022

[ad_1] Active addresses transacting with FTX’s FTT token have been close to zero throughout 2022, according to Glassnode data analyzed by CryptoSlate. Before Binance announced a potential FTX acquisition, it appears the... Read more »

Binance to start proof-of-reserves; CZ proposes all crypto exchanges follow suit

[ad_1] Binance CEO Changpeng Zhao, or CZ, recently announced that Binance will start proof-of-reserves to support “full transparency.”  CZ also suggested that all cryptocurrency exchanges do merkle-tree proof-of-reserves. According to the CEO,... Read more »

Retail begins accumulating Bitcoin while whales continue to sell

[ad_1] Retail investors owning less than 1 BTC are accumulating Bitcoin while whales holding over 10,000 BTC are selling, according to data analyzed by CryptoSlate. Since August, Bitcoin has been in a... Read more »