SBF Says He Will Wind Down Alameda and Spend the Week Trying to Raise Money for FTX
FTX CEO Sam Bankman-Fried apologizes on Twitter, says that FTX is raise liquidity so customers can withdraw their funds.
Source: decrypt.co
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Binance's CZ Asks Employees Not to Trade FTT While FTX Deal Is Pending
Binance CEO Changepeng Zhao asked employees not to trade FTT, the FTX utility token, while the deal to acquire the company is pending.
Source: decrypt.co
Crypto.‌com Pauses Withdrawals of USDC and USDT on Solana
Singapore-based Crypto.com told users via email that it had halted withdrawals and deposits for two popular stablecoins on Solana.
Source: decrypt.co
Bitcoin Falls to Two-Year Low as Market Reels From FTX Fallout
Bitcoin has dropped below $17,000 and is staying there for the first time since November 2020—taking the rest of the crypto market with it.
Source: decrypt.co
This Week in Coins: Dogecoin Outpaces Bitcoin and Ethereum Amid Musk's Twitter Takeover
The Fed’s announcement of a fourth rate hike this year impeded the growth of the traditional market leaders.
Source: decrypt.co