U.S. Senator Pat Toomey says illegal actions by crypto exchange FTX must be separated “from perfectly lawful and innovative cryptocurrencies.” Emphasizing that “The collapse of FTX is not an indictment of crypto,” he noted that […]
New Huobi research has revealed that the number of crypto wallet users worldwide grew by 6.3% to 85 million as of November 2022. The report said non-self-custodial wallets could potentially introduce Web2 users to Web3. […]
As the use of cryptocurrency and blockchain technology grows, the importance of reliable crypto audits becomes evident. An audit is a comprehensive evaluation of a company’s financial records. It is performed by an independent third […]
Three Democratic political groups FTX founder Sam Bankman-Fried (SBF) donated to will seek to return the funds, The Washington Post reported. Following SBF’s arrest on Dec. 12, increased scrutiny has been placed on his political […]
Leading crypto bank Silvergate was slammed by a class-action lawsuit from investors who invested in the collapsed FTX. Joewy Gonzalez filed the Dec. 14 lawsuit for himself and others affected by the FTX’s failure. Gonzalez […]
The crypto market experienced a massive sell-off in the last 24 hours. Several assets related to Digital Currency Group (DCG) Grayscale’s investment products, like NEAR, Filecoin, Ethereum Classic, etc., shed an average of over 10%, […]
DeFi protocol Raydium was the victim of a liquidity pool exploit on Friday. The attack appears to have compromised approximately $2M in funds. Their initial understanding is that the attacker took over the exchange’s admin […]
On-chain data shows Bitcoin long-term holders are dumping their coins as BTC plummets below the $17,000 level. Bitcoin Long-Term Holder SOPR Spikes Today As pointed out by an analyst in a CryptoQuant post, some BTC […]
Significant collapses within the crypto sector such as FTX have caused a sense of uncertainty regarding crypto’s adoption rate. Despite fraud revelations, cybersecurity is still an important issue that the crypto industry needs to address. […]
Binance has ended another week of FUD (fear, uncertainty, doubt) with another report on its proof-of-reserves. But Mazars, the authors of the previous reserves report, has simultaneously distanced itself from the industry. The exchange giant […]
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