[Nov 12, 2022 1:30 PM] According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the hedge fund’s capital is left trapped on FTX. Galois co-founder, Kevin Zhou, wrote a letter to investors…
[Nov 12, 2022 11:30 AM] According to Flightradar24’s official Twitter account, the most tracked flight at 3:33 a.m. on Nov. 12, 2022, was Sam Bankman-Fried’s (SBF) private jet flying from the Bahamas to Argentina. While the flight track doesn’t mean SBF took the…
[Nov 12, 2022 9:00 AM] On Nov. 11, 2022, FTX Trading Ltd. filed a voluntary petition for Chapter 11 bankruptcy protection in Delaware. The news followed a few days of speculation and evidence that had shown the digital currency exchange was likely insolvent. The…
[Nov 12, 2022 6:15 AM] Admins of the Telegram group of the FTX community stated that the platform had been hacked and all of the funds of the exchange seemed to be gone. FTX U.S. General Counsel Ryne Miller, who reportedly pinned the message in the group, explained he…
[Nov 11, 2022 3:30 PM] Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting IT exports suggested by an industry organization…
[Nov 11, 2022 2:30 PM] After FTX International’s parent firm West Realm Shires Services filed for Chapter 11 bankruptcy protection in Delaware, users noticed that FTX US was included in the bankruptcy filings. On the U.S. exchange’s website, the firm notes…
[Nov 11, 2022 1:30 PM] On Nov. 11, 2022, the CEO of Crypto.com Kris Marszalek shared the company’s proof-of-reserves addresses that hold leading crypto assets like bitcoin and ethereum. Marszalek says a “proof-of-reserves audit preparation is underway” and the wallet…
[Nov 11, 2022 12:30 PM] The philanthropic effort created by the troubled crypto exchange FTX has detailed it is sunsetting operations and told the community that members were “shocked and immensely saddened” by the turn of events that transpired around the trading…
[Nov 11, 2022 11:30 AM] On Nov. 11, amid the confusion concerning troubled crypto companies like FTX and Blockfi, 3,500 ‘sleeping bitcoins’ from a wallet created on Oct. 7, 2011, moved for the first time in over 11 years. $60 Million Worth of 11-Year-Old…
[Nov 11, 2022 9:16 AM] FTX Group, which includes FTX U.S., filed for Chapter 11 bankruptcy following an intense liquidity crisis; CEO Sam Bankman-Fried stepped down.FTX has filed for Chapter 11 bankruptcy.The move includes FTX US, the group’s American subsidiary…
[Nov 11, 2022 9:00 AM] The embattled crypto exchange FTX has informed the public that the FTX parent firm West Realm Shires Services, Alameda Research, and approximately 130 additional affiliated companies have filed for Chapter 11 bankruptcy protection in Delaware…
[Nov 11, 2022 12:30 AM] Law enforcement and judicial authorities from Russia and Turkey are joining forces in the fight against cybercrime, including the use of cryptocurrencies for illegal purposes. The collaboration has been agreed upon during a visit by Russia’s…
[Nov 10, 2022 8:30 PM] Blockfi, a cryptocurrency lending platform, has announced that it is limiting the operations of its platform and pausing customer withdrawals. The company issued a letter where it states that this decision was caused by the “lack of…
[Nov 10, 2022 1:50 PM] A new app geared towards connecting local bitcoiners in real life called Orange Pill just launched at Pacific Bitcoin.The new Orange Pill App (OPA) is seeking to connect Bitcoiners in real life without the need for meetups and conferences, per a…
[Nov 10, 2022 1:30 PM] After disclosing the trading platform Binance would share proof-of-reserves, the exchange published a blog post called “Our Commitment To Transparency.” The Binance blog post shares addresses tied to the world’s largest…
[Nov 10, 2022 12:30 PM] On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder…
[Nov 10, 2022 11:48 AM] Trezor users can now buy and sell non-KYC bitcoin directly from their hardware wallets thanks to an integration with P2P platform Hodl Hodl.Users of the popular hardware wallet Trezor can now buy and sell bitcoin with no identity verification…
[Nov 10, 2022 11:30 AM] On Nov. 10, 2022, FTX CEO Sam Bankman-Fried (SBF) addressed the crypto community in a thread posted to Twitter. SBF noted that he messed up and “should have done better” and also detailed that at some point he “might have more to say about a…
[Nov 10, 2022 10:49 AM] The company will speak on stage at the next Bitcoin Conference showcasing its new cooling solutions meant to improve the bitcoin mining industry.Shell (NYSE: SHEL), one of the world’s largest oil and gas companies, has signed a two-year…
[Nov 10, 2022 10:00 AM] Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s market fluctuations have affected the decentralized finance (defi) protocol Curve’s 3pool, as the…
[Nov 10, 2022 9:00 AM] During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion…
[Nov 9, 2022 6:30 PM] According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state…
[Nov 9, 2022 5:30 PM] Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets to FTX.” The news follows a great…
[Nov 9, 2022 4:30 PM] Whistleblower and former NSA contractor, Edward Snowden, has been very vocal about the crypto economy in recent times. After publishing a copy of Bitcoin’s white paper on Twitter on the document’s 14th birthday, Snowden had some words with Craig…
[Nov 9, 2022 3:38 PM] The world’s largest exchange said on Wednesday that it will not pursue the potential acquisition of Sam Bankman-Fried’s FTX.Binance walks away from FTX deal following due diligence.Firm also mentioned U.S. investigations of FTX.Retail investors are…
[Nov 9, 2022 3:30 PM] The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled customer funds,” Binance…
[Nov 9, 2022 3:27 PM] Perth Heat players can now get bitcoin ‘boosts’ through a new Lightning-powered fan engagement feature launched in partnership with IBEX.Perth Heat now lets fans send micropayments to players with bitcoin through Lightning.The team last year became…
[Nov 9, 2022 2:30 PM] According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the firm decided “earlier this year” not to lend to Alameda Research, FTX’s quantitative trading firm. Orthogonal said through “due diligence” it “ide
[Nov 9, 2022 11:13 AM] US regulators are investigating whether Sam Bankman-Fried’s FTX properly handled client funds following the exchange’s liquidity crunch, Binance acquisition.SEC, CFTC reportedly probing FTX over handling of customers’ funds.Investigations…
[Nov 9, 2022 10:30 AM] Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company. Mark Zuckerberg, CEO of the company, explained this decision was…
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