Following the crash of FTX, the need for crypto exchanges to regain users’ confidence is high on the list of priorities of many stakeholders, including Ethereum co-founder Vitalik Buterin who has published a blog post on the […]
Bankrupt FTX has launched a strategic review of all its assets to see how they can be recovered for maximum value for its stakeholders’ benefit. A Nov. 19 press statement from the bankrupt crypto exchange said the […]
Ripple might be interested in buying some of the assets of the recently bankrupted exchange FTX, The Sunday Times reported. According to the report, Ripple CEO Brad Garlinghouse said he would like to buy parts […]
Twitter: When Elon Musk took over at Twitter, there was cautious excitement. The maverick billionaire can be equally as disruptive as he is an inspiration. Spontaneous decision-making had already become part of his public identity […]
Concerns about Grayscale collapse have grown after the Bitcoin fund refused to publish its proof of reserves. A Nov. 18 Twitter thread by the investment firm failed to douse rousing fears, citing security risks as […]
Former Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair likens the fall of crypto exchange FTX and its former CEO Sam Bankman-Fried to the infamous Ponzi Scheme of Bernie Madoff. “It felt very Bernie Madoff-like […]
South Korea’s prosecutors have reportedly obtained a court order to freeze assets worth about $104 million belonging to Terraform Labs co-founder Daniel Shin. The authorities allege that he unfairly profited from selling cryptocurrency LUNA at […]
FTX founder and former CEO Sam Bankman-Fried reportedly got $300 million out of the $420 million raised from a funding round for the bankrupt exchange in October 2021, Wall Street Journal reported on Nov. 18. […]
Cardano will finally have its own fiat-backed stablecoin after one of its founding entities, EMURGO, announced that the USDA stablecoin will launch on the proof-of-stake network in the first quarter of 2023. EMURGO announced on […]
Famous Shark Tank investor Kevin O’Leary said he would keep his crypto assets on regulated crypto exchanges despite the recent failure of FTX. According to O’Leary, cold storage was not an option for him or […]
Copyright © 2021|