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Voyager’s bid reopening process might have this impact on VGX holdings

admin2022-11-13T01:30:41+00:00

As FTX US filed for bankruptcy, Voyager announced the re-commencement of the auction process of its assets This caused VGX to rally astronomically in the past 24 hours Bankrupt crypto lender Voyager [VGX] announced the reopening of the bidding process for its assets on 11 November. The announcement was made after news broke that crypto exchange FTX US had filed for Chapter 11 bankruptcy protection.  Today, after a competitive auction aimed at returning maximum value to customers,

Here’s Why Polkadot Price Could See a 15% Hike In Coming Week

admin2022-11-12T19:04:27+00:00

Published 2 hours ago A bullish reversal from the wedge pattern’s support trendline triggers a new bull cycle for the Polkadot price. Under the influence of this pattern, the buyers may drive the potential upswing to the overhead resistance. However, the $6 could be strong in between resistance to offset a bullish growth.

Key points:

The DOT chart shows reversal signs at the pattern’s support trendline The daily-RSI slope nosedived into the bearish territory. The 24-hour trading volume in the Polkadot coin is...

SBF’s Flight Becomes Most Tracked In The World

admin2022-11-12T10:37:39+00:00

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“He set off my BS detector”- Elon Musk On SBF

admin2022-11-12T06:02:51+00:00

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Celsius, Voyager Reveal FTX Exposure

admin2022-11-12T01:02:48+00:00

Key Takeaways

Celsius said today that it has $1.3 million locked with FTX and $13 million of loans to Alameda Research. Voyager also said that it has $3 million locked with FTX but recalled its loans from Alameda earlier. Voyager will also re-auction assets that FTX successfully bid upon during its own bankruptcy process.

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Two of this summer’s biggest crypto bankruptcies—Celsius and Voyager—have revealed exposure to FTX, which could dramatically restructure their bankruptcy proceedings.

Celsius Has $1.3M Locked, $13M Loans

Celsius reported...

A-Z of how NFT ecosystem has been impacted by the potential collapse of FTX

admin2022-11-11T18:30:39+00:00

Since news broke about the potential collapse of FTX, interest in NFTs has dropped. The NFTs ecosystem has been hit with a drop in general market capitalization, sales volume, transactions count in the last four days As the rest of the cryptocurrency market reels under the negative impact of the potential collapse of FTX, the NFTs ecosystem was not left out. Since the FTX debacle started on 7 November, there has been a drop in NFTs sales volume, market capitalization, the...

The web3 Gaming Company Kryptomon Partners With Unstoppable Domains

admin2022-11-11T15:30:00+00:00

Leeuwarden, Netherlands, 11th November, 2022, Chainwire The web3 gaming company Kryptomon which develops the living-NFT-powered metaverse game combining Play-and-Earn gaming mechanics, announced today its partnership with Unstoppable Domains, the leading provider of Web3 domains. The partnership features an exclusive collaboration between the two brands that will grant Kryptomon NFT holders...

FTX Filing for Chapter 11 Bankruptcy, SBF Stepping Down

admin2022-11-11T14:26:41+00:00

Key Takeaways

FTX and its affiliated companies have filed for Chapter 11 bankruptcy. Sam Bankman-Fried is also stepping down from his role as FTX CEO and will be replaced by John J. Ray III The news comes less than a week after FTX suffered a catastrophic meltdown due to a liquidity crunch.

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John J. Ray III will replace Sam Bankman-Fried as CEO.

FTX Ready for Chapter 11

FTX is filing for bankruptcy. Press Release pic.twitter.com/rgxq3QSBqm — FTX (@FTX_Official)