Ethereum (ETH) Co-Founder Vitalik Buterin Says There Are Lessons To Learn From The FTX Collapse
In the wake of FTX's implosion, Vitalik Buterin has shared lessons the crypto industry needs to learn.... Read more.
VeChain (VET) Enters a New Era, Launching the Historic Proof of Authority (PoA) 2.0 Upgrade
Much-anticipated POA 2.0 (Proof of Authority 2.0) has been launched on VeChain (VET), bringing network into a new era.... Read more.
Genesis Sought a $1 Billion Emergency Loan Before Halting Withdrawals
Crypto lender Genesis was reportedly seeking a bailout of up to $1 billion on Monday.... Read more.
Approximately 50% of FTX Deposits Can be Refunded Based on the Balance Sheet – Messari
Messari reported that based on the "rough balance sheet" calculations of FTX, approximately 40 - 50% of users can recover deposits.... Read more.
Singaporean Investment Firm Temasek Writes Off $275 Million Investment in Bankrupt FTX
Temasek, a Singaporean investment fund has written off its $275 million investment in the beleaguered cryptocurrency exchange FTX.... Read more.
Crypto Lender BlockFi Prepares to Lay Off and File Bankruptcy Due to Significant FTX Exposure
Cryptocurrency lending platform BlockFi is reportedly preparing to file for chapter 11 bankruptcy, citing the company's "significant exposure" to FTX.... Read more.
FTX Has Enough Funds to Compensate Customers – Sam Bankman-Fried Wants to Restart the Exchange
Sam Bankman-Fried has disclosed the financial situation of the company, stating he wants to restart and “do right by customers.”... Read more.
FTX Reveals New Leadership in Touch with Regulators and One Million Creditors in Bankruptcy Filing
In its bankruptcy filings, beleaguered crypto exchange, FTX announced that its new leadership are in touch with regulators.... Read more.
Coinbase Files Amicus Brief in Ripple Case After Getting Go-Ahead from Judge Torres
Coinbase, the biggest U.S.-based cryptocurrency exchange has officially filed an amicus brief to support Ripple Labs Inc.... Read more.
Binance Hacked by False Trading Bot Platforms – CZ Asks Users to Delete API Keys
Binance has been compromised by false trading bot platforms, with users falling victim to phishing scams.... Read more.