Sat, January 17

Crypto.com CEO Claims Clean of $1B Stablecoins to FTX

A really tough time for the crypto exchanges all over the world. With numerous customers withdrawing their assets, exchanges are shutting down one by one. A major reason owes towards the collapse of FTX crypto exchange.  In such terms, many exchanges are now targeted by the investors upon the safety

November 14, 2022 2 mins read

AAX Exchange Clarifies Withdrawal Halt Due to System Upgrade

AAX, a cryptocurrency exchange located in Hong Kong, has denied reports that its recent suspension of withdrawals on the platform is related to the continuing repercussions of FTX’s collapse. On November 13, members of the cryptocurrency community stated they saw a “System upgrade notification” that indicated an update was “taking

November 14, 2022 1 min read

Binance Is Seeking To Revoke All API Keys From Third-party Firms

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

Crypto.com Unknowingly Sent 320k ETH to Rival Exchange Gate.io

Following the major cryptocurrency exchange FTX’s insolvency, another centralized crypto exchange Crypto.com revealed that unknowingly it had transferred 320,000 ETH, or about $400 million at the time, to a public address that is registered at a rival exchange.  According to Etherscan, the block explorer, Crypto.com sent funds equivalent to about

November 14, 2022 2 mins read

Mercedes’ Formula One Team to Not Display FTX Logo

Prior to Sunday’s last race of the season in Brazil, the Mercedes Formula One team announced on Friday that they had discontinued a collaboration deal with insolvent cryptocurrency exchange FTX. Although the F1 team had said that they are keeping a careful eye on the situation with the trading platform,

November 14, 2022 1 min read

Binance’s CZ Cautions Investors Over Proof of Reserves by Exchanges

After the FTX crisis, Binance CEO CZ took the initiative to reveal the exchange’s reserves, and this has prompted other market participants to do the same. Even though exchanges have begun publishing their proof of funds. Crypto leaders are expressing concern about the huge inflows and withdrawals at certain exchanges.

November 13, 2022 2 mins read

FTX Former CEO SBF Denies Rumors Fleeing to Argentina

As the tale of his defunct cryptocurrency exchange played out in near real-time on Twitter, FTX founder Sam Bankman-Fried refuted reports that he had fled to Argentina. On November 12, Bankman-Fried (SBF) texted Reuters to confirm that he was still in The Bahamas. He told Reuters, “Nope,” when asked directly

November 13, 2022 1 min read

Kraken Exchange CSO Claims Team Identified FTX Hacker

In response to Mario Nawfal’s tweets, Kraken Exchange’s Chief Security Officer Nick Percoco tweeted that the Kraken team has identified the individual responsible for the FTX hacking. Since the hacker dumped the stolen money on the Kraken exchange, the Kraken staff was able to identify him with the help of

November 13, 2022 1 min read

$140 Million Financial Injection Received by Genesis Trading

On November 10th, Genesis Trading said that its parent firm, Digital Currency Group, will inject an additional $140 million in equity funding into the business. To “strengthen its balance sheet” and “position itself as a worldwide leader in crypto capital markets,” the business said it made this choice. The financial

November 13, 2022 1 min read

Huobi & Gate.io Cheats With Forged Assets Screenshots

The recent days have brought fear like anything among the entire crypto industry, especially among investors. Customers of many prominent exchanges are all now suspecting whether they can continue to hold their assets or just withdraw all, and completely get out of this crypto mess. The Intention True to the

November 13, 2022 2 mins read
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