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 ...
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Post-FTX Meltdown, Regulation-Abiding Companies Can Restore Trust
What advisors and clients need now from the digital assets space is a trusted partner, someone they can work with. Crypto exchanges will need to diversify their revenue streams to create more stabilit...
Ineffective Altruist: The Philosophical Movement Tainted by Bankman-Fried’s Downfall
Sam Bankman-Fried’s reckless, fraudulent behavior took down more than just his empire. He also mortified the millions of customers and businesses who trusted him and tarnished the reputation of a phil...
Luna Foundation Guard (LFG) Releases Third-party Audit Report
9 seconds ago | 2 mins read Altcoin News A total of roughly $3.4 billion was allegedly spent by LFG and TFL to protect the UST peg. In addition, Terraform Labs invested $613 million more to preserve t...
Minor large cap sell-off sums up flat sentiment
Over the last 24 hours, the cryptocurrency market cap saw net outflows of $8.43 billion and currently stands at $828.16 billion as of press time — down 1% from $836.59 billion on Nov. 16. Bitcoin’s ma...
Binance Mulls FTX White Knight Role—What Comes Next?
Key Takeaways Binance has reportedly shown interest in acquisitions of both Voyager Digital and Genesis’ loan assets as the FTX crisis continues. FTX made efforts to play white knight for the in...
Sony Files Patent for Tracking In-Game Digital Assets With NFTs
Newly published documents reveal that global entertainment giant Sony applied for a patent in 2021 for a system that tracks digital assets in video games using blockchain technology—specifically NFTs....
Nvidia Surpasses Estimates in Fiscal Q3, NVDA Stock Up 2.20%
Nvidia said its gaming sales for the fiscal Q3 were $1.6 billion, over analysts’ expectations of $1.4 billion. Software company Nvidia (NASDAQ: NVDA) posted impressive financial results for its fiscal...
Seaside Club Launches its Seed Stage Fund
Seaside Club, a blockchain ecosystem delivering opportunities to increase one’s income using Web3 technologies, has officially launched its Seed Stage Fund. During the seed stage, which will occur fro...
The Tether stablecoin is not exposed to Genesis
After Genesis Global Capital ceased withdrawals due to FTX exposure, stablecoin Tether clarified that they have absolutely no exposure to Genesis or Gemini Earn. Moreover, they let it be known that t...
STX Stacks Soars by 15% Before Retrace – Is it Time to Buy?
Join Our Telegram channel to stay up to date on breaking news coverage While the general marketing sentiment about cryptocurrencies is currently bearish, there are some bullish price actions that are ...
Binance CEO Plans To Acquire Genesis Loan Book
The FTX-Alameda crisis has spread around other projects like Genesis Trading, Gemini and blockfi blockfi [email protected] Centralised Exchange . As a result, Genesis has halted their withdrawals whil...
Binance to bid for Voyager again
After an earlier failed bid, Binance has relaunched its bid for Voyager following FTX bankruptcy. With the pull-out of FTX from the purchase of Voyager following its own bankruptcy, Binance has gained...
Gate.io highlights its 3-year 100% proof of reserves journey
Following another major crypto exchange collapse, user concerns around the solvency, security, and stability of crypto exchanges have reignited, leading to discussions regarding exchange reserves. As ...
Ripple CEO Garlinghouse Unveils Massive Milestones At Swell
Amid FTX contagion fears and the legal battle with the US Securities and Exchange Commission, Ripple Labs is currently hosting its Swell Global conference in London. Yesterday’s first day featured CEO...
Web3 Art Platform Set to Reinvent the Traditional Art Museum
Advertisement     Angelo, an investment platform tying physical fine art to NFTs, has announced its launch. The web3 platform aims to add a more tactile component to t...
Bybit releases reserve wallet addresses amid calls for transparency
Crypto exchange Bybit publicly released the addresses of its largest crypto wallets on Nov. 16. This came on the heels of FTX’s collapse and calls within the industry for greater transparency. Bybit l...
It Might Be Good Idea to Donate Some Money to Certain Politicians
Sabrina Martins Vieira Charles Hoskinson joins list of critics of New York Times article about bankruptcy of FTX and criticizes SBF’s donations to politicians Sam Bankman-Fried (SBF) continues to make...
DWF Labs Invests $10M in the TON Ecosystem
– Advertisement – London, United Kingdom, 17th November, 2022, Chainwire DWF Labs, the leading blockchain industry market maker, has become a prominent supporter of the TON ecosystem. Th...
Investors File Lawsuit Against Celebs Who Promoted FTX
Exchange News The investors describe FTX and its linked businesses as a real ponzi scheme. The lawsuit was filed in Florida’s Southern District Court by two major law firms. To recoup their losses, a ...
Tumblr Blog Linked to Ex-Alameda CEO Explored Race Science, ‘Imperial Chinese Harem’ Polyamory
As onlookers attempt to make sense of the ongoing, mind-boggling collapse of crypto exchange FTX, details have begun to surface concerning the unorthodox internal practices and beliefs of the once-dom...
Binance CEO Should Be Kicked From UAE
Economist Nouriel Roubini said that Binance receiving a license in the Middle East was a “walking time bomb.” He lambasted the industry as being corrupt and full of conmen. Economist Nouriel Roubini, ...
TamaDoge New P2E Tamagotchi Drops – Toon Finance DEX Swap Raises 2.8 MIL
There is always a lot going on in the world of cryptocurrencies and meme coins in particular. One moment a coin is up, then it’s down, and then you factor presale and DEX swaps into the mix, you know ...
Luna Foundation Guard releases audit report, but will LUNC/USTC rise?
Luna Foundation Guard released a third-party technical audit on 16 November The audit confirmed the absence of impropriety on the part of Terraform Labs and LFG. When Terra crashed, it caused billions...
The Seaside Club Seed Stage Fund Has Officially Launched
Advertisement     The Seed Stage Fund has officially opened for business at Seaside Club, a blockchain ecosystem that offers ways to increase one’s income using WEB3 t...
Terra Labs, Luna Guard commission audit to defend against allegations of misusing funds
The Luna Foundation Guard (LFG) and Terraform Labs (TFL) commissioned a technical audit of their efforts to defend the price of TerraUSD (UST) — since rebranded TerraUSD Classic (USTC) — between May 8...
Solana’s close ties to FTX cause financial and structural damage
The fallout from the implosion of FTX is being felt across the crypto industry, with firms supposedly rescued by the exchange now being dragged under along with their erstwhile ‘savior,’ Sam Bankman-F...
BlockFi Mulls Bankruptcy Filing and Layoffs in Wake of FTX Collapse, Met With Binance
In brief BlockFi has retained an advisor to look into a possible Chapter 11 bankruptcy filing, has approached Binance for help, and is looking at likely layoffs, sources told Decrypt. The crypto lende...
Elon Musk Issues Hardline Ultimatum to Twitter Staff
Billionaire entrepreneur Elon Musk has been shaking the birds out of the tree at Twitter. His latest move has been seen as a veiled threat to company employees. On Nov. 16, new Twitter boss Elon Musk ...
Why is Budblockz in the Sights of FTX Token Investors?
SPONSORED POST* Investors are fast learning to diversify their portfolios considering the current bearish trend. Those who understand how to navigate the waves of volatility and execute short trades c...