New FTX CEO Says the Collapsed Exchange’s Top Leaders Were ‘Potentially Compromised Individuals’

The new chief executive of bankrupt crypto exchange FTX says that the platform’s leadership was made up of “potentially compromised individuals.” According to recent bankruptcy filings, FTX CEO John R...

As DeFi and NFTs Suffer, Can SOL Whales Offer Respite?

For Solana price, it has been a choppy week, month, and year. SOL holders were already making massive losses, but the FTX fallout only deepened the distress.  A year ago, the Solana ecosystem was budd...

BC.Game Sportsbook: All You Need To Know About This New Feature

Join Our Telegram channel to stay up to date on breaking news coverage BC.Game Sportsbook: All You Need To Know About This New FeatureOnline betting platforms have recently gained significant traction...

Stablecoins Like USDT and USDC Moving out of Gemini & Other Major Exchanges! What’s Next?

The impact of the FTX collapse has been spreading significantly over the other platforms as more number of them are restricting users’ activity, failing to carry out their business as usual. While som...

Alameda Secretly Exempted from FTX’s Auto-Liquidation Engine: Court Filing

The revelations surrounding FTX’s downfall continue with full force. Now, according to the most recent court filings, Alameda Research – SBF’s trading firm, had some privileges. The trading firm of Sa...

Sinverse: Building in bear to emerge as the next big Metaverse

The Sinverse project was launched right in the middle of the grand blockchain arena at the Future Blockchain Summit in GiTEX (the world’s largest technology conference) last year in Dubai. The launch ...

A Closer Look at PUML Better Health, The Preventative Health Web3 App That Pays

Advertisement &nbsp &nbsp Imagine a world where you get paid for improving your health. This is now possible with the award-winning Web3 move-to-earn app, PUML Better Health. ...

Binance CEO “CZ” Calls Nouriel Roubini “A Person With Negative Energy”

Binance CEO Changpeng “CZ” Zhao on Thursday responds to economist Nouriel Roubini’s attack on him. Binance CEO calls Nouriel Roubini impolite, irrational, and a person with negative energy. Nouriel Ro...

FTX New CEO Reveals More SBF Scandals In Court Filing

The new CEO of collapsed crypto exchange FTX, John Ray III, has filed an initial statement with the U.S. Bankruptcy Court for the District of Delaware, making a scathing judgment of Sam Bankman-Fried ...

Tom Brady and other celebrities named in class-action lawsuit against FTX

Former FTX CEO Sam “SBF” Bankman-Fried and a number of celebrities who endorsed FTX have been named in a class-action lawsuit filed on Nov. 15 in Miami.  Implicated in the class-action lawsuit are cel...

XRP Standard to Be Used by Major Commonwealth Bank: Details

Gamza Khanzadaev Australian CommBank announces migration to XRP standard of payments Bank of Australia’s largest financial conglomerate, CommBank, has announced it will begin migrating cross-bor...

Black Swan Author Advises Investors To Take Funds Out of Coinbase as Armstrong Sells $1.6M Shares

– Advertisement –   Amid reports of a selloff of Coinbase shares worth $1.6M+ by CEO Armstrong, “The Black Swan” author Nassim Taleb has advised investors to leave Coinbase, dubbing it a “...

Anode Labs Announces Funding To Build The React Network: The First Community-Owned, Web3 Green Energy Grid

The company’s React Network is aiming to modernize the national power grid by creating a community owned network connecting energy storage assets to markets that value them AUSTIN, Texas–(BUSINESS WIR...

Nexo set to launch their own non-custodial smart wallet

Nexo is set to launch its own multifunctional, non-custodial, EVM-compatible smart wallet dubbed ‘The Nexo Wallet.’ This self-governed wallet will also function as an identity wallet, allowing users t...

FTX Fraud: More Bombshell Revelations in New Bankruptcy Filing

Key Takeaways A filing from FTX’s new CEO has more thoroughly revealed the shocking state of the company’s finances. New FTX CEO John J. Ray III, who oversaw Enron’s dissolution, wro...

Solana Plummets More Than 41% Over The Week Amid FTX Collapse

It’s been a choppy week for Solana.  The 15th-largest cryptocurrency by market capitalization has lost 41.2% of its value over the past week, according to data from Coingecko. SOL, Solana’s native tok...

Snowfall Protocol rises 300% in presale!  Expected to do 1000X! COTI and Dogecoin Lag behind!

Join Our Telegram channel to stay up to date on breaking news coverage Snowfall Protocol rises 300% in presale!  Expected to do 1000X! COTI and Dogecoin Lag behind!Snowfall Protocol (SNW) has been qui...

FTX Court Filings Claim Firm’s Fraud and Mismanagement

The post FTX Court Filings Claim Firm’s Fraud and Mismanagement appeared first on Coinpedia Fintech News The court filings by FTX’s Bahamian liquidators claim that there are signs which point towards ...

Elon Musk to Find Someone to Be Twitter CEO in His Stead

According to Elon Musk, the work he does at Twitter and his other companies does not perfectly match the role of a CEO. Upon acquiring Twitter and running the social media company for less than a mont...

Matter Labs Raises $200M For Its zkSync Mission

The raised funds would be pushed into the development of the platform’s zkSync V2 rollup network to reduce fees and increase transaction speeds on Ethereum.  $200 Million Raised In Series C  The Ether...

Chiliz: Decoding the reason behind CHZ’s unprecedented price hike

Chiliz CEO reveals what it will take for the perfect marriage between blockchain and the sports industry. Investors can expect something interesting from CHZ’s performance in the coming month. Chiliz ...

SBF Has No Role At FTX, FTX US, Alameda

FTX CEO and chief restructuring officer John Ray in a recent tweet cleared his stance on SBF tweets. In a recent tweet John Ray who replaced the FTX founder mentioned the role of the SBF in FTX. FTX C...

Trust Wallet Now Features Direct Transfers to Binance Pay & Coinbase Pay

Trust Wallet, a leading multi-chain, self-custodial wallet, just released integrated services for Binance Pay and Coinbase Pay. Now, Trust Wallet users can make easy transfers from Coinbase or Binance...

‘We got overconfident and careless,’ claims $13B leverage

Former FTX CEO Sam Bankman-Fried said he was “wrong” in his estimates of the crypto exchange’s leverage prior to its collapse, claiming it wasn’t $5 billion but closer to $13 billion. In a Nov. 16 Twi...

Co-founder of Terra Accused by Authorities of Violating Capital Market Rules

Sabrina Martins Vieira Daniel Shin, CEO of Chai Corporation, joins list of investigators related to collapse of Terraform Labs, find out how this story unfolds While the cryptocurrency market’s ...

We watched every SBF interview so you don’t have to

It’s been an exhausting week for every person even remotely involved with the cryptocurrency industry. The collapse of FTX and Alameda Research has brought with it what would normally be written off a...

CFTC Commissioner: Too Soon To Say if FTX Crisis Was Intentional

When it comes to unpacking what exactly happened to now-bankrupt crypto exchange FTX, it’s far too soon to tell what risk management or regulatory errors were made — if any — a CFTC commissioner said ...

Orbeon Protocol (ORBN) Sees Investment Frenzy, The Sandbox (SAND) Users Jump Ship to Fresh Projects

– Advertisement – As the crypto market struggles to break free of the current bear market trend, many projects are suffering from continuous drops in value. SAND, The Sandbox’s native toke...

Circle drops Yield rates to 0%

Circle, the company that runs and issues USDC has dropped their Circle Yield product APY rate to 0%. Back in June I wrote about my anxieties around Circle. Oh hey, what’s that? Genesis and its y...

Australian Authorities Suspend License of FTX Australia

The Australian Securities & Investments Commission (ASIC) announced late Tuesday that it had suspended the Australian financial services license of FTX Australia until May 15, 2023. The agency had...

ATOM Price Steady Above Support Concerns of Collapse Remain

The Cosmos (ATOM) price is trading inside a Fib and horizontal support level. There are no decisive signs in either direction. ATOM is the native token of the Cosmos ecosystem. The ATOM price has fall...

Oryen has what it takes to conquer a spot in the Top 50

SPONSORED POST* Oryen is a hot new network that is shaking up DeFi as we know it. ORY is the native token of Oryen. ORY shines with its convenient staking feature, called OAT (Oryen Autostaking Techni...