FTX creditors only getting '10-25% of their crypto back' — creditor
Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value.
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The latest Bitcoin correction triggered a record $500 million worth of liquidations in 60 minutes on major exchanges. 1162 Total views 10 Total shares The Bitcoin markets emphatically rejected the $60,000 price range on March 15, with excessive leverage driving a record $500 million worth of long liquidations over just 60 minutes.Glassnode’s founders, Jan &…

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Crypto firms may turn to ‘shadow banks’ following major collapses — Molly White
Speaking at the SXSW conference in Austin, Molly White compared crypto companies' current predicament to that in 2017 and 2018, when they had “trouble accessing banking”. 419 Total views 2 Total shares Own this piece of history Collect this article as an NFTIn the wake of three major banks with ties to crypto firms collapsing,…

Kyber Network (KNC) gains 40% as its 3.0 network launch approaches
Excitement for the upcoming release of Kyber 3.0 is helping to boost KNC price by 40% as new governance features and lower Ethereum fees excite investors. 830 Total views 8 Total shares The explosion of interest in non-fungible tokens over the past two months has taken some of the attention away from the decentralized finance…

Crypto businesses will be rewarded over the long term, says Voyager CEO
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SEC’s crypto staking crackdown has uncertain consequences for DeFi: Lido Finance
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Base hits 1M daily active addresses as Basenames takes off
Coinbase layer-2 network Base has notched a record number of daily active addresses amid a surge in growth of the new “basenames” service.

Elon Musk, Tesla beat Dogecoin manipulation lawsuit
A US District Court Judge dismissed the lawsuit, saying that “no reasonable investor” could rely on Musk’s Dogecoin tweets for investment decisions.