Prior to its collapse, FTX and its sister trading firm, Alameda Research put up the front as a lender of last resort and made attempts to save the bankrupt firms in the cryptocurrency ecosystem.
Charlie Munger remains unapologetically skeptical about crypto, especially with the recent happenings around the collapse of the crypto exchange FTX.
This announcement signals the developing interest of the central bank in the blockchain space.
The ex-FTX CEO Sam Bankman-Fried posted a series of incoherent and questionable Twitter posts in the wake of the exchange’s collapse.
Amid Silvergate Bank’s exposure to FTX, Goldman Sachs has cut down the price target and is expecting greater deposit outflows.
Sources familiar with the matter said that BlockFi is struggling to continue operations amid FTX’s collapse and has also planned layoffs very soon.
The integration will make it easier for crypto-native businesses to receive payments without excluding customers that don’t use crypto.
The EU legislators want to avoid the risk associated with crypto assets that mask the senders’ and recipients’ information.
The inaugural CR7 NFT collection features seven animated statues with four rarity levels. Each of the statues portrays iconic moments in Ronaldo’s life and career.
Besides the more than 200 affiliated companies FTX named in the bankruptcy filing last week, many creditors are likely to go out of business.
Binance Labs says it sunk $4 million in NFT-oriented sports platform Ultimate Champions to support innovation in blockchain gaming.
Judge Torres is doing all she can to leave no stone unturned in the lawsuit that has spanned close to 2 years now.
Despite the reassurances, the bleeding of SOL has not stopped as SOL continues to dive.
Although the FTX hacker lost a sizable chunk of the loot due to hasty decision-making, they still hold $339 million in various crypto.
Similar to the US and the Bahamas, the Turkish law enforcement agency launched an investigation into institutions, people, banks, and crypto service providers associated with FTX.