Sun, April 12

Ripple CEO Interested in Buying Assets From Bankrupt FTX

According to reports, Ripple CEO Brad Garlinghouse is looking into buying assets from defunct cryptocurrency exchange FTX. The conversation, according to Ripple’s CEO, focused on whether or not there were any firms held by FTX that Ripple “would want to own.” Garlinghouse told The Sunday Times on the sidelines of

November 21, 2022 1 min read

FTX Calls Out Other Exchanges For Assistance Over Stolen Funds

On Sunday, FTX reached out to other cryptocurrency exchanges for assistance, explaining that stolen monies were being moved from the compromised exchange to third parties wallets. The insolvent firm, now run by John J. Ray III, CEO of FTX, requested that its competitors “take all measures” to recover the money

November 21, 2022 1 min read

Ethereum (ETH) Price Falls 8% as FTX Hacker Swaps 30K ETH

Selling pressure was high on Sunday night for the second biggest cryptocurrency in the world, ETH. The attacker who stole $600 million from the FTX exchange was reportedly trading in his Ether for Bitcoin on Sunday, November 20. The hacker exchanged all the stablecoins for Ethereum last week, amassing $288

November 21, 2022 1 min read

FTX Owns More Than $3 Billion To The Top 50 Creditors

Crypto Exchange FTX has filed for bankruptcy in the United States, and CEO SamBankman-Fried has stepped down, following a liquidation issue at the cryptocurrency group that sparked action from regulators around the world. According to the records filed with the Delaware bankruptcy court, the exchange owes 3.1 billion to its

November 21, 2022 1 min read

South Korea Is Delving Into Crypto Exchanges to List Native Tokens

The investigation into cryptocurrency exchanges concerning the listing of their internally-issued tokens has been launched by the Korea Financial Intelligence Unit (KoFIU), South Korea’s authority on financial matters.  A price drop in its token, FTX Token, led to the bankruptcy filing of the cryptocurrency exchange FTX and its 130 associate

November 21, 2022 1 min read

FTX Drainer Wallet Now 27th Largest in Terms of ETH Holdings

The Ethereum address 0x59a has attracted a lot of attention since it is believed to be connected to the person or group responsible for transferring millions of dollars worth of tokens out of FTX in the hours after the company’s bankruptcy filing. The blockchain monitoring business Elliptic published about the

November 20, 2022 1 min read

South Korea Bans Native Tokens of Exchanges!

With the outbreak of the downfall of FTX exchange, has indeed created a huge impact upon the global crypto market deliberately. In this sense, according to surveys, the worst affected country due to the passing down of the FTX exchange is South Korea. This survey was indeed a direct result

November 20, 2022 2 mins read

Albanian and Turkish Officials Agree to Deportation of Thodex CEO

BBC reported recently that the deportation of Faruk Fatih Ozer was agreed upon between Albanian and Turkish officials and that he has 15 days to challenge the decision. Last year, the 27-year-old and his struggling cryptocurrency trading platform, Thodex, gained headlines when he suspended trading and took the website down.

November 20, 2022 1 min read

MicroStrategy Co-founder Michael Saylor Criticized Over SBF Support

As a result of his recent comments on crypto entrepreneur Sam Bankman-Fried, American entrepreneur Michael Saylor has received widespread backlash from the crypto community. The co-founder of MicroStrategy is well-known for his advocacy of Bitcoin’s use in the financial sector.  Despite significant unrealized losses as a result of Bitcoin’s recent

November 20, 2022 1 min read

Grayscale Declines Providing Proof-of-Reserve Citing Security Concerns

Following the demise of crypto behemoth FTX, CZ has prompted a flurry of reserve audits at cryptocurrency exchanges. Proof-Of-Reserves was first proposed by Binance’s CEO. Grayscale, a digital asset investing business, has refused to provide its on-chain proof of reserves, citing security concerns. On Friday afternoon, Grayscale sent an announcement

November 20, 2022 2 mins read
Little Pepe