According to the official notice on Nov 14, the Bahamas Supreme Court has approved a partnership with PricewaterhouseCoopers, also known as PwC. Which provides clients with a variety of professional business services such as accounting, auditing, human resources consulting, and strategy management, as provisional liquidators to oversee the FTX assets.
November 16, 2022 1 min read
When the world learned about the deception Sam Bankman-Fried (SBF) committed to creating his FTX empire, business associates, investors, and ardent supporters agreed that the crypto ecosystem had suffered. On the other hand, mainstream media, which had previously used unfavorable speculative attacks to attack crypto, now appears to be siding
November 15, 2022 2 mins read
Twitter CEO Elon Musk has stated that Bitcoin will recover, but it will take time because of the prolonged winter. The Tesla owner is very interested in cryptocurrency and has a lot of influence over the DOGE. In addition, despite the winter around the crypto industry and the collapse of
November 15, 2022 2 mins read
Binance CEO CZ tweeted this morning that users should not share their API credentials with any third-party platforms since there have been at least three individuals sharing their API keys with third-party platforms such as Skyrex and 3commas and experiencing unexpected trading on their accounts. Following that, the owner of
November 14, 2022 1 min read
Aptos, a layer 1 blockchain infrastructure company, has partnered with Google Cloud to power some of its validator nodes. Aptos co-founder and CEO Mo Shaikh spoke alongside Simon Baksys, the go-to-market, and business development lead for Google’s Web3 division, on a panel at TOKEN2049 London about the partnership. Aptos and
November 12, 2022 2 mins read
As crypto.com transitions to Proof Of Reserve, the development occurs, and the preliminary audit shows that Shiba Inu owns 20% of the assets. As the FTX collapse forces every firm to focus on transparency. The majority of firms are shifting to make the firm transparent. As a result, Crypto.com was
November 12, 2022 2 mins read
Since Elon Musk took control of Twitter, many changes have occurred, and the number of parody accounts has significantly increased. This morning, Musk mentioned that parody accounts should make clear that they are parodies both in their names and bios. To be more precise, accounts doing parody impersonations. Basically, tricking
November 11, 2022 2 mins read
As a result of the collapse of the competitor exchange FTX, Crypto.com CEO Kris Marszalek has become the newest cryptocurrency corporation to pledge to “audited Proof-Of-Reserve.” We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves and https://t.co/pFc4Pz9nFR will be publishing our
November 10, 2022 1 min read
The Sam Backman Fried exchange FTX is under regulatory scrutiny in the US as a consequence of Binance’s withdrawal from the acquisition of FTX. The United States Securities and Exchange Commission is investigating into cryptocurrency exchange. The Commodity Futures Trading Commission (CFTC), according to Bloomberg, is also probing the cryptocurrency
November 10, 2022 1 min read
Changpeng Zhao, CEO of Binance, reported that as of this morning’s early hours, the BNB platform had ETH worth about $8 billion stored in its cold wallet. He added that they are serving as custodians for the user funds and further clarified that these funds are unrelated to the platform.
November 8, 2022 2 mins read