The NFT marketplace has clarified its stance on creator royalties after receiving significant public backlash from an earlier post.

The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income.

"We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves," the Crypto.com CEO said.

The story between cryptocurrency exchanges Binance and FTX has quickly unfolded and caused havoc in the crypto market, here’s a breakdown of where it began and where it is now.

According to reports, FTX CEO Sam Bankman-Fried asked investors for emergency funding to cover an $8 billion shortfall during a Nov. 9 investors call.

Cryptocurrencies understood to have exposure to Sam Bankman-Fried, FTX, and Alameda Research appear to have been impacted the most.

BTC and altcoins collapse following news that Binance declined to purchase FTX. Analysts share their perspectives on what’s next for the market.

Similar protocols are used by Kraken, Bitmex, Gate.io, and many other exchanges, but were not used by FTX.

"With a global MiCA, the FTX crash would not have happened," said European Parliament economics committee member Stefan Berger.

In this episode of NewsBTC’s daily crypto technical analysis videos, we are examining past to see how much further we could have before a bottom is in. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): November 9, 2022 Bitcoin p...