Here are this week’s top headlines in the crypto news.
FTX contagion – the collapse of one of the largest crypto exchanges sends the market into a downward spiral.
Collateral damage coins and tokens exposed to FTX and Alameda get hit the hardest by all.
The bad news which cryptocurrencies are most at risk.
Proof of reserves – crypto exchanges scramble to show users that their balance sheets are in good shape.
Why their disclosures are causing concerns? Twitter verified Elon Musk warns of bankruptcy while the social media platform causes chaos by enabling blue ticks for everyone.
How will this affect crypto spam and scams? inflation reduction a cooler than expected, CPI print provides temporary relief to the plummeting crypto market.
When will we finally see the bottom? and a closer look at last week’s top performing cryptos and where they’re headed.
Categories: Breaking News
