On the 3rd of March Payments Cards & Mobile reported on the dangers of banks betting big on the cryto boom and the possible fall out from that bet. Today,... read more
This week has, as usual, been rich in cryptocurrency news. FTX is way down the rankings but the mood out there is still on a knife edge. As per an... read more
Investors are reported to be pulling record levels of bitcoin from crypto exchanges as the collapse of FTX has maximised investor fears over the safety of their assets. FTX, which... read more
The post Record levels of bitcoin exiting crypto exchanges after collapse of FTX appeared first on Payments Cards & Mobile.
Two weeks ago BlockFi denied rumours that a majority of its assets are custodied at collapsed crypto exchange FTX. With FTX and all of its affiliates now in bankruptcy proceedings,... read more
The post Chopping BlockFi: Another crypto exchange files for bankruptcy appeared first on Payments Cards & Mobile.
Yesterday we reported a bad day for crypto as one of the biggest crypto exchanges sent shock wave through the industry. Today, FTX has filed for bankruptcy protection. The company... read more