'That's What Ended Up Breaking It': Vitalik Buterin Tells Benzinga What Broke FTX, Why Solana, Ethereum Didn't Fail

Ethereum co-founder Vitalik Buterin took a dig at FTX chief Sam Bankman-Fried over his donations to political leaders and said donating large amounts to politicians is what ended up breaking the cryptocurrency exchange. In an apparent jab at U.S. regulators, Buterin also said FTX is headquartered in the Bahamas and the location was chosen in part due to a lack of a regulatory framework, such as the one which exists in the United States.

Timeline of Ethereum, Solana

Ethereum [ETH] could risk a further decline despite losing over 23% of its value to trade at $1,261 in the last seven days. The reason for this possibility was the high deviation of on-chain withdrawals of the altcoin.

According to Solana Compass data from the Solana blockchain explorer, the network has just seen over 31.2 million SOL tokens (worth around $438 million at current prices) deactivated by validators who provide security to the blockchain at the end of epoch 370. The unlocked tokens come from approximately 250 accounts and amount to about 5.

Ethereum witnessed a bullish invalidation after reversing from its immediate resistance The altcoin registered improvements in its funding rates over the last day Ethereum [ETH] lost a third of its value in its reversal on

Bloomberg Intelligence senior macro strategist Mike McGlone says that Ethereum's (ETH) future price hinges on it maintaining a key support level. McGlone says that if Ethereum's support level at $1,000 crumbles, the second-largest crypto asset could fall to a two-year low of around $500.

Ethereum price analysis is bullish today as we have seen consolidation after the $1,250 support prevented further downside earlier. Likely ETH/USD has set a higher local low and is now ready to push even higher.

The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject In the days leading up to the beginning of 2023, the native token of Ethereum, Ether (ETH), is expected to witness a significant price increase in comparison to

Ethereum became the most deflationary, as the annual supply dipped below zero for the first time since the Merge. The post Ethereum becomes most deflationary in history dropping to -0.0032% appeared first on CryptoSlate.

The most recent Solana price analysis shows an increasing bearish tendency as the price has followed a descending movement in the last 24 hours. The price was on its way to recovery earlier this week, as more bullish activity was being preserved.

Solana price prediction is bearish; as the SOL/USD pair is unable to break above an immediate resistance level of $21.60. Since November 6, the value of the SOL token has fallen by more than 70% to $11.50. 

October was a terrific month for the second-largest cryptocurrency by market capitalization, as even during a challenging macroeconomic environment Ethereum ($ETH) saw its price surge by 18.4% after several positive developments for the cryptocurrency. According to CryptoCompare's latest Asset Report, during the month of October, the price of Ethereum rose 18.