Tag: Contagion

Silvergate Slashes 40% of Jobs as Further FTX Contagion Spreads

Silvergate Capital has been forced to take drastic action as a consequence of its association with FTX and its collapse. In addition to paring...

Binance Plots Next Chess Move as FTX Contagion Spreads

Binance continues with auditing and acquisitions following the collapse of rival exchange FTX, the contagion from which continues to spread. With the collapse of...

Politicians Call for Crypto Regulations As FTX Contagion Spreads

The US and European politicians are calling out for crypto regulation. Is the FTX collapse a catalyst for the global regulations on crypto? The...

BlockFi Files for Bankruptcy as FTX Contagion Spreads

BlockFi, the exchange that provided lending services along with cryptocurrency trading, filed for Chapter 11 protection today. BlockFi Inc and its eight subsidiaries became...

Will Genesis Be the Next Victim of the Crypto Lender Contagion? 

While Genesis has denied plans to declare bankruptcy, the exchange’s liquidity trouble concerns the industry. Following the FTX collapse, Genesis Global Trading’s lending division halted new...

FTX Contagion Creates Fear Among Whales And Old Hands

While the contagion effects of FTX’s collapse still cannot be fully assessed, Bitcoin whales and OGs seem to be playing it safe. Most notably,...

Contagion Continues as Coinbase Stock Slumps to All-Time Low

Share prices for America’s largest and most profitable crypto exchange, Coinbase, have slumped. The rout has been so bad that COIN hit an...

Multicoin Expects FTX Contagion Dangers For Weeks To Come

In a letter to its investors, one of the industry’s most notable crypto venture firms, Multcoin Capital, has revealed its thesis for the...

FTX Crisis Has Put These Companies on the ‘Contagion’ List

As the dust begins to settle on one of the most dramatic collapses in the crypto sector regarding FTX and Alameda, there’s a...

Exchanges Rush to Prevent FUD as Contagion Fears Mount

The community negatively views centralized exchanges due to the recent FTX saga, as Exchanges try to prevent FUD amidst fears of contagion. It is...

Contagion from FTX Pushes XLM Price to 2-year Low

Stellar (XLM) holders witnessed massive losses as cryptocurrency markets continued to deleverage.  The global crypto market cap and prices of most cryptocurrencies tanked as...