Moves by cryptocurrency exchanges to reassure markets about their stability are having little effect on jittery users.
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OVEX CEO Jon Ovadia joins TC|Daily to talk about FTX’s bankruptcy and what it means for South African crypto players and the crypto ecosystem.
The disillusionment that follows bouts of crypto euphoria is known as a crypto winter. And this one feels like the coldest yet.
The appeal of crypto’s promise to reinvent money has reached its limit in a very niche audience.
As customers withdrew billions of dollars from crypto exchange FTX, founder Sam Bankman-Fried worked the phones in a futile bid to raise $7-billion in emergency funds.
Major crypto player Genesis Global Capital suspended customer redemptions in its lending business on Wednesday
Solana, a poster coin of the crypto future, is in trouble following the collapse of cryptocurrency exchange FTX.
Once again, a feud broke out between alpha-male celebrities in crypto. Only this time, what followed was tens of billions of dollars of digital wealth vanishing in a flash.
In the league of weak-sauce apologies, the one from cryptocurrency exchange boss Sam Bankman-Fried stands head and shoulders above the rest.
Crypto exchange FTX is to start US bankruptcy proceedings and CEO Sam Bankman-Fried is to step down after a week of high drama.