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Murtuza Merchant

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  • Cryptocurrency
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Crypto.com CEO Says ETH Worth $300M Transferred ‘Erroneously,’ Binance’s CZ Tweets ‘Clear Sign Of Problems’

By Murtuza Merchant
November 13, 10:50 AM
Crypto.com erroneously sent more than 320,000 Ether (CRYPTO: ETH) worth around $400 million to competing cryptocurrency exchange Gate.io, on Oct. 21, according to the company’s CEO.

ETH

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3 minute read
  • Cryptocurrency
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Why FTX’s Collapse Is The Crypto Equivalent Of The 2008 Lehman Brothers Crisis

By Murtuza Merchant
November 13, 10:14 AM
For what was considered to be the third-largest cryptocurrency exchange in the world, FTX’s rapid decline into bankruptcy has sent shockwaves through the crypto community, spooking millions of investors and roiling the cryp

$FTT

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2 minute read
  • Cryptocurrency
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$600M In Crypto Mysteriously Flow Out From FTX Wallets As Exchange Potentially Hacked

By Murtuza Merchant
November 12, 2:15 AM
More than $600 million in cryptocurrency mysteriously vanished from the wallets of the bankrupt exchange FTX. In the aftermath, FTX on its official Telegram channel announced that the exchange had been hacked and advised users not to install any new updates and to delete all FTX apps.

$BNB

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  • Cryptocurrency
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FTX US Stops Processing Withdrawals, 1 Day After Bankman-Fried Says Company Is 100% Liquid

By Murtuza Merchant
November 11, 3:47 PM
FTX US, the U.S. arm of cryptocurrency exchange FTX appears to have stopped processing withdrawals Friday, hours after the company filed for Chapter 11 bankruptcy.

$FTT

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CZ Slams Reports Binance’s Reserves Are Full Of Its Own Tokens: ‘Numbers Are All Wrong’

By Murtuza Merchant
November 11, 1:57 PM
Binance CEO Changpeng Zhao on Friday came down heavily on a report the cryptocurrency exchange holds $74.6 billion in tokens, out of which nearly 40% are its own stablecoin

$BNB

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3 minute read
  • Cryptocurrency
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FTX, FTX US, Alameda Research File For Bankruptcy: Cryptocurrencies Plummet

By Murtuza Merchant
November 11, 10:28 AM
Beleaguered cryptocurrency exchange FTX, its U.S. subsidiary FTX US, its sister firm Alameda Research and approximately 130 additional affiliated companies on Friday filed for Chapter 11 Bankruptcy in a United States court.

$FTT

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2 minute read
  • Cryptocurrency
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FTX Looks To Kraken For Help, But Jesse Powell Sees Red Flags

By Murtuza Merchant
November 10, 4:42 PM
Even as cryptocurrency exchange FTX struggles to stabilize its financial woes, the company has reportedly reached out to its rival exchange Kraken, with a “potential deal” being discussed.

$FTT

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Bitcoin Crash Doesn’t Scare Coinbase Users: 95% Flood Exchange With Buy Orders

By Murtuza Merchant
November 10, 2:44 PM
Amid the chaos which wiped out more than $100 billion dollars overnight from the cryptocurrency market, there was an epic fall in the price of Bitcoin (CRYPTO: BTC), which made a low of $15,742 on Wednesday.

BTC

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2 minute read
  • Cryptocurrency
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FTX Partners With Tron To Swap Assets To External Wallets: What You Need To Know

By Murtuza Merchant
November 10, 2:08 PM
Flailing cryptocurrency exchange FTX has reached an agreement with cryptocurrency network Tron (CRYPTO: TRX) to establish a special facility to allow holders of TRX, BitTorrent (CRYPTO:

$JST

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2 minute read
  • Cryptocurrency
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Binance Publishes Wallet Addresses, Activities Following Commitment To Reveal Proof Of Reserve

By Murtuza Merchant
November 10, 12:21 PM
Cryptocurrency exchange Binance (CRYPTO: BNB) on Thursday released a “proof of assets” page detailing the on-chain activities of its hot and cold wallet addresses, two days after the company’s CEO Changpeng Zhao announced that his company will initiate the process of providing

$BNB

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