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All Posts Tagged “Exchanges” | SwapSpace Blog
Sam Bankman-Fried and His Criminal Fraud Trial on FTX Exchange: Latest News
26 Oct 2023 ◦ 8 min read Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX and former owner of a $32bn business, is currently on trial in New York for his second week with a potential sentence of up to 115 years in prison. The most significant development arose from Caroline Allison's, Bankman-Fried's ex-girlfriend, and the former CEO of an FTX-related co
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The Ftx 2.0 Relaunch (And Other Second Chances)
21 Sep 2023 ◦ 9 min read Plans to revive bankrupt cryptocurrency exchange FTX could soon become a reality, as new CEO John Ray Third is developing a reboot plan that aligns with recent lawsuits. In the May 22 court filing, the FTX team shared a compensation report highlighting Ray's work during his Chapter 11 bankruptcy. The review report outlines Ray’s actions to en
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What are Hybrid Crypto Exchanges
23 Aug 2023 ◦ 8 min read The decentralized ecosystem of blockchain and cryptocurrencies has already significantly won over spheres of influence from various centralized structures, such as familiar exchanges and banks. But not everything is so simple — there are a number of problems that decentralization has not yet solved. Therefore, there is a shaky parity between cent
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Some of the Consequences of FTX Collapse: Another Overview
23 Aug 2023 ◦ 7 min read On November 8, the entire crypto world was shocked by the news of the collapse of the FTX exchange. We already wrote a detailed articl e about this. Since its release, a lot of dirty details have appeared, a lot of interesting facts have surfaced, and we also had more time to analyze all the events that happened. Today we will talk about the hac
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Yet Another Crypto Collapse: When Will the Dominos Stop Falling
23 Aug 2023 ◦ 10 min read On November 11, 2022, the third largest cryptocurrency exchange FTX declared itself bankrupt. Over the short period of its existence, FTX has been able to penetrate many areas of the market like a spray and build close relations with many companies and projects that everyone has heard about. Many of them will find it difficult to get out of t
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Consequences of the FTX Fall for Crypto World: Bailouts, Regulations and Structural Change
23 Aug 2023 ◦ 11 min read The story of the collapse of FTX took a central place in all crypto media, and the chronology and reasons were discussed on various sides, including the details of the personal life of the participants. At the same time, it seems more important to reflect on what is happening and take measures that in the future will prevent or reduce the likeliho
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What Happened to FTX: A Brief Overview
23 Aug 2023 ◦ 6 min read Until recently, it seemed that FTX was doing well: FTX founder, Sam Bankman-Fried, one of the most authoritative persons in the crypto-world, raised $400 million from Softbank and others in January, receiving an estimated $32 billion valuation, and last month spoke about the project’s ambitious acquisition plans. However, now FTX is in distress,
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SwapSpace Is Opening the Crypto Exchange Reviews Section!
27 Oct 2023 ◦ 1 min read Greetings! We are happy to announce the launch of our new “Cryptocurrency Exchange Reviews” section! You can read our partners’ reviews from customers who have used them — or leave your own. Here’s how it works (it’s simple!): To publish a review, you need to have completed a cryptocurrency exchange on SwapSpace via one of our partner exchange
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(Arguably) Top 5 Crypto Exchanges
23 Aug 2023 ◦ 6 min read No matter what, the cryptocurrency market doesn't lose its interest and draws plenty of customers, and investors increase their assets. If you are ready so far to operate with your digital currency , the next step is to open an account with a cryptocurrency exchange. To help you choose the right account for your needs, SwapSpace selected the bes
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The Drawbacks of Centralized Crypto Exchanges: Binance Russia Case
23 Aug 2023 ◦ 4 min read On April 21, Binance released an official statement according to which it will restrict access to its services for users who live in Russia and have assets worth more than $10 thousand. Such clients will no longer be able to deposit additional funds to their accounts or trade on the exchange. They will only be able to withdraw funds. In March,
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Top 6 DeFi Exchanges in 2023
31 Aug 2023 ◦ 7 min read Introduction One of the most remarkable moments for the crypto industry in 2020 took place in August, when decentralized exchanges (DEXs) surprised the world with a trading volume growth of 247% with respect to the previous month, while centralized exchanges (CEXs) could “only” keep it up to the humble amount of an 85% growth. Fast developments
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How to Find the Best Crypto Rates?
23 Aug 2023 ◦ 4 min read Looking for the best crypto rates? The number of exchange platforms scattered around the net is on a steady rise. With the crypto market constantly fluctuating and the exchanges offering endless new perks and bonuses (while still trying to get their share of every transaction), figuring out how to get the best deal is pretty hard both for novice
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