Alameda Reportedly Withdrew $204M From FTX US Days Before Exchange Collapsed
Alameda Research allegedly withdrew a wide amount of cash from FTX US, FTX crypto exchange’s US affiliate, a few days before the crypto company declared bankruptcy.
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The cryptocurrency and blockchain market is constantly growing. Every day new news about their development, regulation and value appear.
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IOSCO Seeks to Regulate Cryptocurrency Sites After FTX Crash
The new chair of global securities watchdog International Organization of Securities Commissions (IOSCO), Jean-Paul Servias said in an interview that the recent sudden collapse…
Hodlnaut is Being Investigated by Singapore Authorities
According to a press release, the Singapore Police have initiated an inquiry into the failed cryptocurrency platform known as Holdnaut.
Crypto Will Survive FTX as It Survived Mt.Gox: Chainalysis
Chainalysis, a blockchain analytics firm, made the Mt.Gox comparison showing the FTX fall was not the first time the crypto community had been jolted…
Turkey Is Investigating SBF For Fraud; Assets Seized
Sam Bankman-Fried, the former CEO of FTX exchange, is the subject of an inquiry into possible fraudulent activity in Turkey, according to a statement…
Don’t Trust, Verify: OKX Exchange Releases First Proof of Reserves
The world’s second-largest cryptocurrency exchange by trading volume, OKX, has introduced three new industry-leading solutions that provide its retail and institutional users more transparency…
New York Governor Signs a Bill to Ban PoW Crypto Mining
On November 22, nearly four months after the state senate passed the PoW moratorium bill, New York City Governor Kathy Hochul officially signed it…
Genesis Crypto Lender Hires a Restructuring Adviser to Avoid Bankruptcy
The cryptocurrency lender, Genesis Global Capital has hired investment bank Moelis & Company to consider alternatives including a potential bankruptcy, according to the New…
US Lawmakers Urge Fidelity to Review its Bitcoin Services, Say Market is Chaotic
Senators Elizabeth Warren, Tina Smith, and Richard Durbin have reaffirmed their concerns for Fidelity Investments to rethink providing a 401(k) retirement package connected to…
Bitcoin, Ether Slip to 1-Week Lows, as the Global Market Cap Dives in the Red
Bitcoin took an unexpected turn for the worst and fell to a weekly low of just under 16,000. After many days of stagnation, the…
Binance Dominates 64% Market Share After FTX Demise
FTX’s bankruptcy has caused investors to migrate massively to the rival exchange Binance, which currently dominates with a 64% market share among the top…