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Carlos Abiassaf

Investors are withdrawing record amounts of funds from centralized exchanges

Investors are withdrawing record amounts of funds from centralized exchanges

In light of the FTX collapse, which left an 8 Billion Dollar hole in the company balance sheet, many investors are withdrawing their funds from more traditional trading institutions to wallets in their own custody. At this point in the crypto winter, trust is at its lowest. People are rushing

Best Decentralized derivatives Crypto exchange

Best Decentralized derivatives Crypto exchange

Why Use a Decentralized Exchange? With the troubles and fraudulent schemes caused by centralized exchanges as we saw with the recent uncovering of the FTX collapse but also with increased government regulations and restrictions on using crypto derivatives and leverages on legally regulated exchanges in certain jurisdictions, a lot of

BlockFi files for Bankruptcy

BlockFi files for Bankruptcy

Following the collapse of FTX earlier this month, the crypto trading and lending platform BlockFi filed for chapter 11 bankruptcy. This comes after revelations that BlockFi owed more than 275 million Dollars to FTX US. The FTX contagion is still spreading in the crypto world and its effects are far

Best stablecoin to hold

Best stablecoin to hold

What are stablecoins? Cryptocurrencies have existed now for more than a decade with Bitcoin in 2009 paving the way for other currencies built on the blockchain. Regular cryptocurrencies like Bitcoin, Ethereum, Cardano, etc... get their prices determined by supply and demand in a market that's why they might

FTX collapse Youtube Video

Check out our newest Youtube video on the FTX and Alameda Collapse. Youtube Channel:https://youtube.com/channel/UCc2FZUmjaCmz4fP69W8p-cw Video:https://youtu.be/XY7btcYBDPw

FTX and FTX U.S filed for bankruptcy

FTX and FTX U.S filed for bankruptcy

After the rumors spreading about FTX insolvency many people rushed to take out their funds from FTX. Which created a bank run and in terms FTX wasn't able to fulfill all its withdrawals. Then we learned that Binance proposed to acquire FTX but then backed from the deal

FTX/Alameda Binance drama

FTX/Alameda Binance drama

The crypto community and markets were shaken by the announcement made by Binance's CEO Changpeng Zhao known as CZ on his Twitter account saying that Binance plans on and are actively selling its share of the exit equity it got from FTX last year. For reference, FTT is