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A report from Reuters claimed that FTX used some of its customer deposits to support Alameda Research.

Claims and rumors fuel crypto market turmoil amid FTX collapse

CAKE

Panic ensued earlier today after a huge chunk of GALA was minted. The stockpile was estimated to be worth $2 billion, causing widespread speculation about a possible hack on the play-to-earn platform Gala Games. 

GALA down by >30% after >$1B hack fears fuel FUD

Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to the U.S. central bank asking the institution to stop raising interest rates. Wood says that the &#x201C;unprecedented 13-fold increase in interest rates&#x201D; has not [&#8230;]

Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed

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Claims and rumors fuel crypto market turmoil amid FTX collapse

GALA down by >30% after >$1B hack fears fuel FUD

Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed

Fed Emergency Meeting - possibly creating more fuel for the Bitcoin rocketship

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