Former FTX CEO Bankman-Fried did not address concerns about customer funds being misappropriated or other recent revelations about the company. Source link
Acknowledging the remarkable pace of innovation in Web3, today’s infrastructure cannot scale to the computing power needed to enable today’s AAA games. This shouldn’t surprise anyone, nor does it mean that Web3 will never scale […]
Data shows the so-called Bitcoin “diamond hands” have shed 84.5k BTC from their holdings since the collapse of crypto exchange FTX. Bitcoin Long-Term Holder Supply Has Sharply Declined Recently According to the latest weekly report […]
FTX creditors concerned about their names and other personal information being disclosed as part of the crypto exchange’s bankruptcy proceedings can breathe a sigh of relief – at least temporarily. Source link
The past few days in the Bitcoin and crypto market have had a forceful impact from the bears. The prices of most of the crypto assets have been tolling to the south beyond expectation. In […]
“The CFTC relies upon a razor thin metaphysical distinction between the Ooki DAO and Ooki Protocol. According to the CFTC, the Ooki Protocol is software. In contrast, (per the CFTC) the Ooki DAO is ‘a […]
While the contagion effects of FTX’s collapse still cannot be fully assessed, Bitcoin whales and OGs seem to be playing it safe. Most notably, the insolvency fate of Genesis Trading, DCG and Grayscale is hovering […]
Binance plans to start a recovery fund to help projects with strong fundamentals, but suffering from a liquidity crisis. Source link
The situation in the Bitcoin and crypto market has continued to follow a downward trend. Prices of most crypto assets are maintaining a southward movement over the past weeks. The collapse of FTX is still […]
The company has been in talks with existing lender Bifinity and other potential investors to raise capital, but has not been successful. Source link
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