The Aptos platform is powered by the Move programming language which is very modular and will facilitate faster upgrades to modules and their programmability in a very seamless and effective manner.
Coinbase says it has always been keenly interested in asset security and regulatory compliance.
Temasek clarified that its investment in FTX does not imply it has direct exposure to cryptocurrencies.
In the case of FTX, the tug-of-war between the US and Bahamian regulators may elongate all bankruptcy proceedings.
Binance CEO Changpeng Zhao – CZ – has, however, vehemently denied taking part in the FTX collapse, citing that his exchange is a victim of the situation.
Along with other lawmakers, US Treasury Secretary Janet Yellen also spoke about the need for “more effective oversight of cryptocurrency markets” post the collapse of the FTX exchange.
Following the Binance Pay and Coinbase Pay integration, the Trust Wallet token (TWT) price has gained over 20 percent in the past 24 hours to trade around $2.24.
Matter Labs said that 150 projects have showed the intent to integrate zkSync technology as part of scaling the Ethereum mainnet.
The Coinbase analysis of the current market spills a very troubling outlook for Bitcoin (BTC) miners in the space.
The current prediction is that the FTX implosion is going to be accompanied by quite a lot of distress calls from companies who either used the custody service provided by the firm or rely on its DeFi and earnings product to operate.
Ripple published a new whitepaper explaining how the UK can take a lead in establishing crypto standards making it one of the attractive centers for the crypto industry, such as Dubai, Singapore, and the EU.
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.
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.
Sources familiar with the matter said that BlockFi is struggling to continue operations amid FTX’s collapse and has also planned layoffs very soon.