Bankruptcy Counsel Reveals FTX Assets at Risk of Cyberattacks
In addition to the cyberattacks report, the attorney said several legal, cybersecurity, and blockchain analysis firms had come together to help FTX with the proceedings.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
In addition to the cyberattacks report, the attorney said several legal, cybersecurity, and blockchain analysis firms had come together to help FTX with the proceedings.
The Tornado Cash and Pertsev saga is a double-edged sword that the crypto community may want to give more review and consideration.
Amid the crypto bear market, Ark Invest has acquired an additional stake in GBTC, spending over $1.5 million on more than 170,000 shares.
What’s interesting is that it isn’t only the Argentina fan token that dropped in value. Brazil’s team fan token fell by about 10%. Similarly, the Spain National Fan Token fell by 7%.
As an NFT-oriented project, the Sandbox (SAND) will auction 35 Estates via the OpenSea marketplace.
India has plans to later integrate the digital rupee with the existing bank apps and services.
Austrian fintech unicorn Bitpanda secures local license to provide custody and proprietary trading services to German citizens.
Genesis has warned of bankruptcy if it does not get the $1 billion needed to stay afloat, an unwanted consequence following the FTX collapse.
The FTX exploiter has been using blockchain bridges to move stolen funds with minimal noise.
Through the partnership, Celo joins ConsenSys’ Ethereum Scalability Partners program and the newly announced Ethereum Climate Platform at COP27.
This new privacy-centric blockchain will function as a side-chain of Cardano and offer zero-knowledge-proof smart contracts.
With more assets moving into Binance, market sentiments may suggest that investors believe Binance to be safe.
Three Asian countries have been singled out for being hit the most by FTX’s unfortunate collapse.
Following its epic collapse, FTX now looks to restructure or sell out to the highest bidder amid investigations and bankruptcy filings.
Ripple can perhaps acquire Ledger Holdings Inc from FTX at a lower price to help in its XRPL development plan.