Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
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Binance CEO expects more regulatory scrutiny following FTX implosion
Binance CEO Changpeng Zhao said he expects more regulatory scrutiny following the recent FTX implosion.
cryptoslate.com
Binance's CEO Warns Crypto Crisis Is Not Over - TheStreet
The demise and bankruptcy of crypto brokerage FTX will not be the last downfall in the industry, Binance's CEO predicts.
www.thestreet.com
Binance CEO CZ on FTX crash: ‘We’ve been set back a few years’
FTX CEO Sam Bankman-Fried reached out to CZ with a deal that “did not make sense from a number of fronts.”
cointelegraph.com
Binance stops accepting FTX's token for deposit, CEO says
The CEO of Binance has announced his crypto exchange will no longer accept tokens from FTX for deposit.
CryptoSlate - News, Insights & Data
Stay updated with the latest crypto news, insights, and data on CryptoSlate. Your go-to source for everything crypto.
cryptoslate.com
Crypto Glossary | Blockchain and Crypto Glossary by Cointelegraph
Crypto sector terminology has many words. For information on blockchain and cryptocurrency terms, see Cointelegraph’s blockchain and crypto glossary.
cointelegraph.com
Explained: articles for beginners about cryptocurrency and blockchain.
What is Bitcoin? How does blockchain work? How to mine cryptocurrency? We are glad to help you answer these questions with our quick guides in Explained section.
cointelegraph.com
Top 10 Cryptocurrencies Price Analysis | Cointelegraph
Check out our latest top 10 cryptocurrencies price analysis and find out which one is the most prominent and profitable.
cointelegraph.com
FTX founder holed-up in Bahamas resort as his crypto empire crumbles
The founder and former CEO of collapsing crypto trader Sam Bankman-Fried is said to be holed up with members of his inner circle in the Bahamas while his empire collapses around him.www.dailymail.co.uk
Sam Bankman-Fried is ‘under supervision’ in Bahamas, looking to flee to Dubai
FTX former CEO Sam Bankman-Fried and two others are reportedly currently being detained by Bahamanian authorities.
$2BN of clients' money is MISSING from collapsed crypto exchange FTX
FTX founder Sam Bankman-Fried allegedly shuffled $10billion in funds to his trading firm Alameda Research, with about $2billion now missing as both companies filed for bankruptcy.
Why Albany In The Bahamas Is One Of The Most Exclusive Resorts In The World
With its cutting-edge architecture, first-class facilities and dreamy destination in the Bahamas, Albany is one of the world's most exclusive resorts.www.forbes.com
FTX Investigating Possible Hack Hours After Bankruptcy Filing (Published 2022)
Researchers documented $515 million in suspicious transfers from the cryptocurrency exchange.www.nytimes.com
It's gonna get a lot worse once the ripple effect kicks in.
A WHOLE BUNCH of companies had their portfolios invested
in FTX and other companies with them and the pins will start to fall one by one.
Gonna takes months to see the totality of the situation
A WHOLE BUNCH of companies had their portfolios invested
in FTX and other companies with them and the pins will start to fall one by one.
Gonna takes months to see the totality of the situation
IMO this is really the ripple effect from Terra Luna…
Did you take your money out of AXRP before the debacle?
What is AXRP?
Ehhh maybe.
I think it's different. CZ sparked this whole thing off
After the smoke cleared a bank run did FTX in and they just didn't have the funds to cover it
Axpire. Now called Moola.
UFC sponsor Crypto.com facing fresh scrutiny after market meltdown
Crypto.com—the cryptocurrency exchange that sponsors the UFC, Formula One, and the 2022 Qatar World Cup, among others—is facing fresh scrutiny and anxiety in
www.bloodyelbow.com
UFC Strikes $175 Million Crypto.com Kit Sponsorship
Crypto.com’s logo will appear on fight kits worn by all UFC athletes during competition as part of the new 10-year deal.
www.sporttechie.com
Crypto.com COO says sports sponsorships build value as CRO token continues slide
Crypto.com’s COO believes sports sponsorship deals will help to build brand awareness as token CRO continues to drop. Find out more… 85.24% of investors lose money.
capital.com
FTX: The Rise, the Fall and the Reaction
FTX was considered (even a couple of days ago) as one of the more reputable and trusted cryptocurrency exchanges. Its Founder and CEO, Sam Bankman-Fried, a former Wall Street quant trader who also ...
Cryptocurrency Market | Finance Magnates
Finance Magnates CryptoCurrency is your home for breaking news, analysis, data and coverage on the world of cryptocurrencies. From Bitcoin to blockchains, find it all here.
Financial and Business News | Finance Magnates
Finance Magnates - the world’s only multi-asset online trading knowledge hub - offers financial news, industry research, international events and more.
Nah, short selling caused them to go into margin call and they didn’t have the capital to pay even if nobody withdrew. Their main asset was their shit coin which lost its value. It was a shell corporation and was likely set up to be from the jump. The missing money is the money that was embezzled and laundered back to the DNC and SBF and his sponsors.
Bank runs occurred in the past and likely will occur soon with other exchanges the way things are headed.
Did you keep up with the turn of events???
Apparently not.....
CZ started the spiral
He's the one that DUMPED $FTT
and everybody followed.
That's why he tweeted this to him
"Sparring partner......well played....you won"
Brotha, you said “dumped” = selling aka shorting (using credit or margin)
A bank run would imply withdrawal of funds from the institution or in this case the exchange which from what I see is HALTED.
The price decline hurt him because they were over leveraged on credit / margin and are now insolvent because they cannot cover their liabilities (deposits or creditors).
You should take a look at this thread:
Principles of Economics: The Banking System and Money Creation (run by the international banking cartels)
24.2 The Banking System and Money Creation Learning Objectives Explain what banks are, what their balance sheets look like, and what is meant by a fractional reserve banking system. Describe the process of money creation (destruction), using the concept of the deposit multiplier. Describe how...
www.bgol.us
Lmbaooo Stocks are backed by actual businesses that make money. These crypto idiots are delusional
He can speak for himself, but I think he was referring to CZ dumping; not Sam. CZ is CEO of the Binance exchange. You seem to be referring to FTX exchange which would be Sam Bankman-Fried.
CZ started or is planning to sell FTX coins. Dumped in this instance just means selling his position; not shorting.
You statements about Sam and FTX are more or less correct from what the general public knows. FTX allegedly used their own coins as collateral which is part of the reason they could not cover the liabilities etc. Once CZ announced Binance would be selling the FTX coin, the price of FTXs coin started to fall. Sam also allegedly took customer funds from FTX to cover loans for Alameda Research.
Didn't OBJ take the majority of his Rams contract in cryto?
Two NBA All-Stars to accept salary in bitcoin in partnership with Jack Dorsey's Cash App
NBA stars Klay Thompson and Andre Iguodala have agreed to receive salary in bitcoin as part of a new deal with Jack Dorsey's Cash App.
markets.businessinsider.com