
July 11th, 2025
BlockFi’s current situation is the latest example of a rocky season in the crypto space as many companies conduct major layoffs.
With the collapse of crypto exchange FTX, founders of bankrupt 3AC and Celsius Network are taking the opportunity to throw the weight on Sam Bankman-Fried.
The markets, however, witnessed a significant sell-off due to the chaos created by the tweets regarding WETH’s insolvency.
Despite the sudden announcement of the closure of the LINE-backed Bitfront platform, the timeline of events has been designed such that it will give all of its stakeholders a proper time to adjust to the changes required.
According to the AG, the comments misrepresented the timely action taken by the Securities Commission and used inaccurate allegations.
Renowned crypto analyst is advising investors to still invest in Bitcoin.
CoinList has refuted any claims it is nearing insolvency despite the issues with deposits and withdrawals on its platform.
Matrixport wants $100 million in funding at a $1.5 billion valuation as the crypto space still reels from the FTX collapse.
Bitso recently added to a group of worldwide firms in the crypto industry, that are trying to construct an easily understandable report so that clients can interpret for themselves if the firms have the capital to forward future transactions.
Since the Polkadot anti-scam bounty program began, over 14,000 entries have been listed as potential fraudulent sites.
However, Binance’s new initiative hasn’t shown any positive impact on the crypto space yet.
Besides Bybit floating the $100 million fund to support its community, the exchange has had to go the extra mile in showing its users that it is liquid, solvent, and can be trusted.
Drawing on his Chinese origins, CZ has had to combat the wrong notion that the trading platform has any ties to the Chinese government.
Tesla CEO Elon Musk has criticized a Semafor report which claims that ex-FTX CEO SBF invested $100m in his private Twitter.
The Binance chief said that they are willing to allocate more to the recovery fund if required. He added that different industry players can also contribute as they wish.