November 15th

Nov 15, 2022

Good Morning,

For today’s MexicaNFTimes, we’ve got some great articles and news:

Crypto.com CEO Dismisses Speculation of Financial Trouble, Says FTX Exposure Is Minimal
Bitcoin Miners' Balance Slides as FTX Collapse Weighs on Crypto
Visa Ends Its Debit Card Pact With FTX

The MexicaNFTimes

Crypto.com CEO Dismisses Speculation of Financial Trouble, Says FTX Exposure Is Minimal

Over the past week, Crypto.com’s CRO token has dropped almost 45% on concerns the Singapore-based exchange will be the next to face a liquidity crisis. The exchange’s daily volume has collapsed from last year's highs of around $4 billion to about $284 million this past October, according to data from Nomics, and withdrawals are on their way back up as u…

2 years ago · Sofía Ponzanelli

The MexicaNFTimes

Bitcoin Miners' Balance Slides as FTX Collapse Weighs on Crypto

Bitcoin (BTC) miners or entities generating the cryptocurrency seem to be running down their coin stash amid the FTX-induced market panic. In the past seven days, the balance held in miner wallets has declined by 9,402 BTC to a ten-month low of 1.826 million BTC ($30.6 billion), according to data tracked by blockchain analytics firm Glassnode…

2 years ago · Sofía Ponzanelli

The MexicaNFTimes

Visa Ends Its Debit Card Pact With FTX

Payments company Visa (V) has elected to terminate global agreements with FTX after the crypto company’s sudden collapse. “We have terminated our global agreements with FTX and their U.S. debit card program is being wound down by their issuer,” a Visa spokesperson told CoinDesk…

2 years ago · Sofía Ponzanelli

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