An NFT, also known as a non-fungible token, is a unique type of blockchain token by design. Unlike fungible tokens such as BTC, ETH, or SOL, each NFT is individual and has no…
The judge overseeing the bankruptcy case of fallen crypto exchange FTX today agreed to continue bankruptcy proceedings in Delaware and keep the names and addresses of the top 50 creditors—owed approximately $3.1 billion—redacted…
Sam Bankman-Fried’s FTX empire has collapsed, but its Japanese outpost aims to allow customer withdrawals again by the end of the year. According to a report from Japanese news site NHK, an FTX…
Illustration by Mitchell Preffer for Decrypt This week, Twitter served as a public confessional where the many crypto companies affected by FTX’s sudden, historic collapse came forward to declare just how much exposure…
This week in coins. Illustration by Mitchell Preffer for Decrypt. This being week two of the FTX disaster story, crypto investors can expect things to get worse before they get better. However, the…
Bank of America today said it is downgrading the stock of U.S. cryptocurrency exchange Coinbase from buy to neutral. The price of COIN is down 7% over the last 24 hours and is…
Investors are pulling funds out of major crypto exchanges as a result of the collapse of FTX, JPMorgan analysts have said. In a note to investors Wednesday, analysts at the investment bank noted…
Crypto exchange Gemini today went down in a server outage for less than an hour, the platform said on Twitter. The exchange earlier today told customers that its Earn program lending partner, Genesis,…
Bitcoin and Ethereum jumped Tuesday along with stocks on positive news coming out of the U.S. about inflation. At the time of writing, the biggest cryptocurrency by market cap was up 3.4% in…
Cryptocurrency issuer Paxos has frozen over $19 million worth of crypto assets tied to bankrupt exchange FTX at the direction of U.S. law enforcement, the company announced Saturday. The funds, 11,184 tokens of…
Illustration by Mitchell Preffer for Decrypt This week, the crypto industry witnessed one of the most sudden and devastating contractions of wealth in financial history. Sam Bankman-Fried’s $16 billion empire—which was built up…
This week in coins. Illustration by Mitchell Preffer for Decrypt. Welcome back to our weekly recap of crypto market moves over the past seven days. Just when the industry was beginning to think…
In the wake of the complete destruction of the crypto exchange FTX, along with its founder Sam Bankman-Fried’s multi-billion dollar fortune, it appears some financial chicanery is afoot. Withdrawals and internal balance transfers…
In brief Solana (SOL) has jumped 33% in value since hitting a recent low under $13 on Wednesday amid FTX’s collapse. The Solana Foundation opted not to unstake 28.5 million SOL overnight amid…
The price of Bitcoin is now below $17,000—the first time that the asset has dropped that low since November 2020. It’s been a volatile week for crypto assets, as the market reacts to…
Bitcoin, Ethereum, Solana, and most other cryptocurrencies are experiencing a brutal sell-off following wild price gyrations today as traders make up their minds about what to do with the news that Binance is…