Binance Moved $2.7B Out of its Proof of Reserves Wallet
Binance is under backlash from the cryptocurrency community after moving $2.7 billion (USDT) from their proof-of-reserves wallet barely 20 hours after posting their proof-of-reserves article...
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Investors File Lawsuit Against Celebrities that Promoted FTX
This drama of FTX enters yet another week. Several respected members of the industry have spoken out against Sam Bankman-Fried, describing him as a con...
Another Company is Affected by FTX Bankruptcy and Loses Nearly 300 Million Dollars
Temasek, a private business established by the Singaporean government in 1974, has decided to treat its investments in the defunct FTX exchange as a loss,...
US Financial Committee to Hold a Bipartisan Hearing on FTX Failure
The collapse of the cryptocurrency trading platform FTX has sparked an international regulatory inquiry, and the U.S. House Financial Services Committee will hold a hearing...
El Salvador Will Purchase One Bitcoin a Day Starting Tomorrow
El Salvador president, Nayib Bukele, tweeted on Thursday November 17th that the country will begin daily purchases of one Bitcoin....
Binance Shares Six Principles for Centralized Exchanges
Following the collapse of the once-dominant cryptocurrency exchange FTX, centralized exchanges have lost some credibility among crypto investors....
Another Popular Hedge Fund Admits Being Affected by FTX Bankruptcy
The California-based hedge fund Ikigai Asset Management has emerged as the latest firm to confirm exposure to the troubled SBF-led cryptocurrency exchange, FTX....
Visa Cancels Debit Card Partnership With FTX
A little over a month ago, it was reported by The Cryptocurrency Post that Visa was teaming up with FTX exchange to provide crypto debit...
Nike Launches A Web3 Community Platform
The footwear manufacturer Nike is taking more steps towards Web3 with the debut of .SWOOSH, a new web3 platform aimed at developing a community around...
Crypto.com Claims to Have Little FTX Exposure
In a YouTube livestream interview, CEO Kris Marszalek of the Singapore-based cryptocurrency exchange Crypto.com dismissed concerns that the platform would be doomed because of its...