Binance is also looking at acquiring the Genesis Trading loan book, which may come off as a major relief to the company’s parent firm, Digital Currency Group (DCG). Binance cryptocurrency trading plat...
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FTX May Have Committed Serious Fraud and Mismanagement: Bahamas Liquidators
One week after the implosion, legal woes for FTX have only intensified. According to the latest court filings from the company’s Bahamian liquidators, there are signs of “serious fraud and mismanageme...
Consultancy Uncovers Best Altcoins To Profit From FTX Collapse
Eight, a cryptocurrency consultancy founded by Michaël van de Poppe in 2018, has uncovered the best altcoins that can benefit from FTX’s demise. According to analysts, recent events are promoting a na...
No red flags at FTX despite 8 months of ‘extensive due diligence:’ Temasek
Singapore’s state-owned investment firm Temasek revealed despite eight months of due diligence in 2021, it didn’t find any significant red flags in FTXs financials before deciding to invest $275...
US Senators Warren, Durbin Probe FTX Collapse
Warren and Durbin, both longtime, outspoken crypto skeptics, said the collapse of FTX – which, until recently, had a $32 billion valuation and was largely perceived as one of the most stable exchanges...
VeChain’s Historic Upgrade Launches: Details
The VeChain Foundation has announced what it calls “a new era” as the final stage of PoA 2.0, seamlessly forked from the mainnet and adding “finality” to VeChainThor. A new era...
Grayscale Hoping for SEC Win, Others Say GBTC Needs To Act Faster
Given Grayscale Investments’ suit against the SEC — alleging the watchdog erred in denying its bid to convert its bitcoin trust to an ETF — is months from a resolution, industry participants told Bloc...
Genesis sought $1B emergency loan but never got it
Crypto lender Genesis sought out an emergency loan of $1 billion from investors in the wake of FTX’s collapse and ensuing bankruptcy but never got the funds it requested, The Wall Street Journal repor...
Esports Giant TSM Suspends $210M FTX Naming Rights Deal
In brief Team SoloMid (TSM) announced today that it has paused its $210-million naming rights deal with FTX. FTX filed for Chapter 11 bankruptcy protection on Friday. Popular esports club Team SoloMid...
Class action lawsuit against FTX and the celebrities involved
A class action lawsuit has been filed in the US against FTX and all those who promoted it. This is revealed by Reuters, which reports that several US clients of FTX have sued both FTX founder Sam Ban...
Jack Dorsey Reacts on FTX Saga! Reveals Shocking Truth About Sam Bankman-Fried
Former FTX CEO Sam Bankman-Fried has received a significant share of criticism following the sudden collapse of the FTT token and its subsidiaries. With a congressional hearing on FTX collapse slated ...
SBF Should Stop Tweeting and Fix his Issues, CZ Says
Changpeng Zhao – CEO of the world’s leading crypto exchange Binance – advised Sam Bankman-Fried to refrain from dropping misleading messages on Twitter and instead focus on his colossal problems with ...
Maker: Governance team implements parameter changes to protect DAI holders
To protect DAI holders and to safeguard Maker Protocol, Maker Governance executed several parameter changes to a number of vault types. These changes were made to vault types that hold tokens from pro...
Candy Club Integrates With The OKC Ecosystem, Creating New Use Cases For The Community
Advertisement     Candy Club, the world’s first social crypto gaming platform, is excited to announce its integration into the OKC ecosystem, adding a use case for the...
Voyager Token (VGX) Skyrockets 50% As Binance To Resubmit Bid
Beleaguered crypto firm Voyager Digital’s native token Voyager Token (VGX) skyrocketed over 50% as crypto exchange Binance.US plans to resubmit a bid. Crypto exchange FTX’s deal with Voyager failed af...
Solana Buckles Under FTX Debris, Is Single-Digit SOL A Possibility?
Solana (SOL) was one of the hardest hit blockchains by the FTX collapse. Even now, more than a week after the initial bankruptcy, SOL continues to buckle under the weight of uncertainty left among its...
Tremors from FTX’s collapse reverberate through the scientific community
The fall of crypto exchange FTX appears to have already begun to impact the hundreds of grant recipients across a variety of philanthropic organizations backed by the exchange. During the COVID-19 pa...
UC Berkeley Suspends Stadium Naming Rights Deal With FTX
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Uniswap Reportedly Down, Here’s What Happened
Uniswap has reportedly been down for hours, with its users unable to access the Uniswap web app, Wu Blockchain reports. He quotes the Discord moderator as saying that the ongoing issue might have been...
Genesis Sought $1B Loan Before Halting Redemptions
Key Takeaways Genesis reportedly sought a $1 billion emergency loan before it suspended withdrawals this week. The Wall Street Journal obtained an internal document to that effect and reported the new...
Earth-Moon’s efforts to defend the peg
Following the collapse of Terra’s algorithmic stablecoin UST, the Luna Foundation Guard (LFG), the organization created to protect the coin’s peg, released an audit report. In the report, LFG claims ...
This is Why Genesis-Collapse May Have 10 times Lager Impact Than That of FTX!
Genesis Trading, the first BTC OTC (Over The Counter) platform, grew like a monster during the 2021 bull run and achieved huge milestones. Meanwhile, exactly a year later, the fractals are completely ...
ZOOMEX Organizes World Cup Campaign with a Prize Signed by…
ZOOMEX exchange announced that it is organizing a ZOOMEX World Cup campaign, where participants can win a signed jersey from Messi. The ZOOMEX campaign is related to the 2022 World Cup. Participants ...
Big Short Investor Michael Burry Sees This Asset Rising Amid FTX Contagion
Michael Burry, the fund manager and investor who became popular from the “The Big Short” movie, believes gold will shine as investors seek safety from crypto risks due to the catastrophic collapse of ...
How Uniswap [UNI] is emerging victorious in the current bear market
Uniswap witnessed a massive surge in terms of social mentions and engagements The revenue collected by it grew, however, the daily active users declined In light of the FTX debacle, the entire focus o...
Elon Musk Looks Toward Leadership Change At Twitter, Will This Affect Dogecoin?
Elon Musk’s takeover of Twitter pushed the price of Dogecoin higher at various points in the last couple of weeks. This was due to the billionaire’s relationship with the meme coin in the past. Howeve...
Ripple Unfazed By Current Market Debacle, Sees Global Expansion Of ODL As XRP Eyes Massive Traction ⋆ ZyCrypto
Advertisement     The unprecedented turmoil created by the Alameda and FTX monumental blowup has weighed down on the crypto market, which was already in the midst of a...
Binance, OKX Halt Solana USDT, USDC Deposits; SOL Price?
Crypto exchanges Binance and OKX announced temporary suspension of USDC (SOL) and USDT (SOL) deposits. The development comes after recent suspension of USDC and USDT on Solana deposits and withdrawals...
Chiliz (CHZ) Records Higher Gains During Market Uncertainty
Popular fan token CHZ has printed substantial gains in the last week as football fans prepare for 2022’s world cup event. As of writing, the token is trading at a 2.20% gain on the day. Plus, its week...
Dogecoin Founder Reveals Why He Does Not Want to Work for Elon Musk
Yuri Molchan Co-creator of DOGE reveals if he knows Elon Musk personally and why he does not want to work for Twitter under his lead Contents Why Markus avoids working for Elon Musk or Twitter Markus ...