Latest Crypto News

The crypto lender staved off bankruptcy this summer after FTX CEO Sam Bankman-Fried intervened, but faces an uncertain future after the troubled exchange itself halting withdrawals.

The largest NFT marketplace backed down from a plan to collect resale royalties only for new collections that allow creators to make them unsalable on non-compliant marketplaces.

Sam Bankman-Fried has told FTX.com investors that the exchange is teetering on the brink of bankruptcy unless it secures an urgent cash injection, according to Bloomberg.

Plus — Meta cuts 11,000 jobs… and why Twitter's plans to roll out verification to everyone have gone very badly.

SBF stressed that the current liquidity crisis affects users of FTX's international exchange, and not customers who are based in the U.S.

Twitter Blue subscribers do not need to undergo identity checks in order to receive a coveted blue tick, meaning it's painfully unclear exactly what their verification status means.

FTX has suspended registrations for new users, has held talks with Justin Sun, and is facing allegations that customer funds were used to prop up a sister company.

Binance's reversal comes less than a day after Changpeng Zhao revealed that a non-binding letter of intent had been signed to explore an acquisition.

To put these job cuts into context, Twitter lost about 3,750 staff when it halved its headcount last week — meaning Meta's reduction is far more drastic.

The crypto markets are in a state of shock right now after one of the most sensational developments of 2022: Binance's CEO has announced that his exchange is planning to acquire FTX.

Changpeng Zhao says a non-binding letter of intent was signed on Tuesday, and full due diligence will be performed in the coming days.

SBF was being heralded as one of the youngest self-made millionaires in history, and was vowing to give away as much of his wealth as possible.

Although BTC had slightly recovered by Wednesday morning — trading at $18,317 — it's still plunged by 73.33% over the past 12 months.

Tuesday's a big day — the entire U.S. House of Representatives and about a third of the Senate is up for grabs in the midterms.

On today's CoinMarketRecap with Connor Sephton, we'll find out why the crypto markets have suffered a painful pullback overnight.

As euphoria surrounding Elon Musk's acquisition of Twitter begins to fade, DOGE has also plunged by 30% on a seven-day timeframe.

The stash was recovered back in November 2021 — days after the world's biggest cryptocurrency hit a new all-time high — and was worth $3.36 billion at the time.

A flurry of speculation has hit FTT hard — and it has fallen by 14.5% over the past seven days. It's the worst-performing cryptocurrency in the top 30 by market cap.