Nickel Digital, Metaplex, and others continue to feel the impact of FTX collapse
Some companies have resulted in layoffs to deal with their million-dollar losses.
Some companies have resulted in layoffs to deal with their million-dollar losses.
submitted by /u/slywalkers [link] [comments]
After the collapse of FTX, a number of journalists reported on the fact that FTX executives deployed significant donations to political leaders in the United States. During the most recent election cycle leading up to the U.S. midterms in 2022, reports claim that Sam Bankman-Fried donated more than $40 million to Democrats via super PACs […]
FTX is gone, and it looks like many centralized crypto platforms will fall with it. But is there a silver lining?
“This is categorically a very, very negative thing for human beings and for the regulatory environment,” Yang said.
In the past 48-hours Bitcoin traders added to their leveraged long positions even as crypto critics and politicians ramp up their criticism of cryptocurrencies.
The commissioner said Congress may have to intervene in relations between the regulating agencies, but both have a role to work out; until then the burden is on the states.
submitted by /u/DoubleFaulty1 [link] [comments]
submitted by /u/phremesthris [link] [comments]
The bears were in control for the second week after FTX collapse, leading to a market-wide dismal performance including top 100 DeFi tokens.