The exchange war has begun. The Binance CEO publicly dukes it out with the FTX co-founder as rumors of FTX and Alameda Research financial distress fly.
FTX is in accumulation mode with the market near rock bottom. Although it’s a fire sale in the market right now, some institutions are well past saving.
As contagion spreads, FTX loans out hundreds of millions to two of the largest yield-generating shops in the space. What does this mean for BlockFi and Voyager?
Silvergate saw customers deposit an average of $14.7 billion worth of bitcoin and cryptocurrency to the firm’s platform during the first quarter of this year.