‘I knew he was desperate’ — Binance CEO CZ opens up on SBF relationship
Binance’s CEO reflects on prior dealings and relationship with SBF after the collapse of his FTX empire. Binance CEO Changpeng...
Day: November 17, 2022
SBF received $1 billion in personal loans from Alameda: FTX bankrupty filing
A fresh bankruptcy filing from FTX chief restructuring officer John Ray III highlights that Sam Bankman-Fried received $4 billion in...
Binance, OKX and Bybit suspend USDT and USDC deposits on Solana
The Solana cryptocurrency continues crashing amid the FTX crisis, plummeting 7% on the news of exchanges halting deposits in Solana-based...
Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases
The FTX bankruptcy has left creditors, investors and industry experts questioning what will happen next — Here is what we...
Ethereum Climate Platform launches to address the network’s prior PoW emissions
Ethereum co-founder Joseph Lubin said that while the Merge set a high standard for climate mitigation, the crisis still requires...
FTX acquisition no more: Canadian exchange Bitvo backs off the deal
Bitvo has managed to back off its acquisition agreement with FTX exchange thanks to long approval process of the deal...
6,522 ‘Sleeping Bitcoins’ Worth $107 Million Wake Up After 5 Years of Inactivity
On Nov. 16, 2022, at Bitcoin block height 763,474, someone transferred 6,522 bitcoin worth roughly $107 million after the coins...
Australia Suspends Financial Services License of Local FTX Entity
Australia’s securities regulator has suspended the license of the Australian unit of the bankrupt crypto exchange FTX until mid-May. According...
Investment Firm Paradigm Still Optimistic About Crypto — Says ‘Issues at FTX Are Precisely Ones Defi Can Solve’
Investment firm Paradigm is still optimistic about crypto’s potential following the collapse of FTX. “The blowup of FTX has caused...
Trust Wallet launches browser extension, integrates with Binance Pay
The new browser extension lets users store, send and receive crypto across all EVM chains and Solana. Following the collapse...
US crypto exchanges lead Bitcoin exodus: Over $1.5B in BTC withdrawn in one week
Cold feet are in charge as exchange users continue to move Bitcoin from exchanges to non-custodial wallets. Bitcoin (BTC) has...
NFT rides shotgun as Red Bull Racing closes out F1 season
Red Bull Racing will close out a successful Formula 1 season with an NFT emblazoned on both drivers’ vehicles at...
Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a day
El Salvador currently holds 2,381 BTC with a total investment of $103 million, the value of its BTC investment has...
Ether staking withdrawal schedule removal faces harsh criticism
Twitter users called out the removal of the ETH staking timeframe and with one describing staked ETH as a “non-redeemable”...
Aussie treasurer promises crypto regulation next year amid FTX debacle
A spokesperson for Australian Treasurer Jim Chalmers said they are closely monitoring the fallout from FTX's collapse. The Australian government...
