contagion
Ang FTX Contagion ay Binuhay ang Kinatatakutang 2022 Crypto Knell – ang 'Withdrawal Halt'
Ang pagbagsak ng FTX exchange ay nagdulot ng domino effect: isang lumalagong listahan ng mga Crypto firm, gaya ng BlockFi at Genesis, na huminto sa mga withdrawal. Ang CoinDesk ay nagbilang ng 16 sa mga anunsyong ito sa taong ito lamang.
CZ Denies Report Binance Met With Middle East Investors for Crypto Recovery Fund
Binance CEO Changpeng "CZ" Zhao has been meeting with investors in Abu Dhabi, seeking cash for the exchange's crypto recovery fund, according to a Bloomberg report. However, Zhao tweeted a reply that the report was "false" shortly after. "The Hash" panel weighs in on the latest with the FTX contagion concern and Binance's initiative to contribute to the broader crypto industry.
CoinFund President on FTX Contagion Concerns, Bailout Speculation
"We're not expecting any bailouts here," CoinFund President Chris Perkins says on the continued contagion spreading throughout the crypto industry this year. Perkins, who was on the floor when Lehman Brothers went bankrupt, shares his perspective on the reported bankruptcy jitters regarding Genesis Global Trading, CoinDesk's sister company.
Ang mga Crypto Markets ay Naghihirap – ngunit Talaga bang 'Contagion'?
Oo naman, masama itong Crypto credit contagion, ngunit malabong kumalat ito sa ibang mga Markets.
FTX Collapse: Ontario Teachers' to Write Off FTX Stake; Genesis Block Reportedly Ceases Trading Services
Ontario Teachers' Pension Plan, one of Canada's largest pension funds with nearly $250 billion in assets under management (AUM), will write down the entirety of its $95 million investment in FTX after the troubled crypto exchange filed for bankruptcy protection. And Genesis Block will cease over-the-counter (OTC) trading services in wake of contagion risks from the now-bankrupt FTX exchange, according to a Reuters report. Genesis Block Trading is unrelated to Genesis Global Capital, which is owned by Digital Currency Group (DCG). DCG is also the parent company of CoinDesk.
Crypto.com CEO Dismisses Balance Sheet Concerns
In a live question session hosted on YouTube, Kris Marszalek, CEO of crypto exchange Crypto.com, said the company’s balance sheet is strong and its exposure to FTX was limited to $10 million, down from a possible $1 billion in business the two exchanges previously had together. "The Hash" panel discusses the outlook for Crypto.com amid FTX contagion fears.
South Korea Mulls Interpol Red Notice Amid Do Kwon Arrest Warrant: Report
Four months after the collapse of the Terra ecosystem and its algorithmic stablecoin UST, Terraform Labs co-founder Do Kwon and five other individuals have been issued an arrest warrant by a South Korean court on charges of violating the Capital Markets Act. "The Hash" panel discusses the latest in the aftermath of the Terra contagion that triggered an industry-wide fallout.