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 by...
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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 released...
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 into...
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 into...
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 York...
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...
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 global...
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 10...
Solana NFT Protocol Metaplex Announces Massive Layoffs
The co-founder and CEO of Metaplex, Stephen Hess, stated on Thursday that the company has started a wave of corporate layoffs....
FTX Bankruptcy Filing Uncovers The Lies Of Bankman-Fried
The bankruptcy petition for FTX was made public yesterday, and it has revealed various falsehoods about Sam Bankman-Fried and his workers, demonstrating that the situation...