FTX files for bankrupcy, bitcoin drops to $17.000 and BlockFi stops processing withdrawals

Photo by Jonathan Borba on Unsplash FTX files for bankrupcy under Chapter 15 What a week.. a lot happened since our previous Crypto2Cash Chronicle. Starting with: FTX. FTX Digital Markets is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, a court filing showed on Tuesday. Such a […]

48.000 BTC withdrawn from Coinbase Pro, support in Grayscale-lawsuit and Celsius makes plan for reimbursements

48,000 BTC Withdrawn by Institutions from Coinbase An on-chain analist has shared a massive withdrawal of bitcoin from the largest U.S.-based exchange, Coinbase. It was a transaction with the equivalent of nearly $1 billion at the current BTC/USD exchange rate. A CryptoQuant analyst shows that the withdrawn BTC had been held in Coinbase Pro for […]