FTX Is Bust and Crypto Is Plummeting. What Happens Next?

Key Takeaways Binance has signaled that it plans to acquire FTX as the younger exchange battles a “liquidity crunch.” Crypto prices are plummeting in the fallout from the bombshell announcement. FTX’s demise... Read more »

Solana Ecosystem Imploding in Wake of FTX Collapse

Key Takeaways The Solana ecosystem is suffering from the recent news and rumors of insolvency surrounding FTX and Alameda Research. SOL is down 45% at the time of writing. Data reveal that... Read more »

Election Day Is Here. Here’s What It Means for Crypto

Key Takeaways U.S. midterm elections are happening today, and the results will be hugely important to crypto. While a Republican win is generally thought to be more favorable to the space, crypto... Read more »

Binance’s FTX.com Acquisition Plunges Market Into Chaos

Key Takeaways Binance’s planned acquisition of FTX has sent markets into turmoil. Tokens backed by FTX and Alameda Research and suffering acutely from the news, especially FTT, which is down about 80%... Read more »

Binance and FTX Face Off—But Which Crypto Exchange Will Come Out On Top?

Key Takeaways Binance founder and CEO Changpeng “CZ” Zhao revealed Sunday his company would liquidate its exposure to FTX’s FTT token. Zhao’s move may be influenced by revelations that the FTX-affiliated trading... Read more »

The U.S. Government Has Over $4.4B in Bitcoin It Could Dump Anytime

Key Takeaways The DOJ announced today that it seized 50,676.17 BTC from a Silk Road exploiter in November 2021. The haul is one of the largest in DOJ history. The U.S. government... Read more »

Solana News Can’t Help SOL Soar. What’s Next for the High-Speed Layer 1?

Key Takeaways Solana made a number of big announcements at Breakpoint this weekend, but SOL failed to react. Solana has faced many challenges over crypto winter, including ongoing outages and a decline... Read more »

Is Crypto Whale Alameda Research in Financial Trouble?

Key Takeaways Alameda Research, the quantitative trading firm co-founded by Sam Bankman-Fried, reportedly had $14.6 billion in assets and $7.4 billion in liabilities last June. A close look at the numbers, however,... Read more »

Ethereum Tokens Are Soaring. What’s Next for the Ecosystem?

Key Takeaways The cryptocurrency market has jumped off the back of the Federal Reserve’s latest 0.75% interest rate hike. ETH and other Ethereum-related tokens have rallied on the bounce. The Ethereum ecosystem... Read more »

Why Do Solana DeFi Protocols Keep Getting Exploited?

Key Takeaways Solend, another Solana DeFi protocol, has been exploited through a price oracle attack for $1.26 million. The attack follows last month’s Mango Markets exploit that saw $100 million stolen. Protocols... Read more »