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Cryptocurrency Exchange
Trouble in the Bahamas following FTX collapse: Report
The locals say they are having to contend with vacant apartments and the loss of job opportunities, once provided by the collapsed exchange. 279 Total views 2 Total shares Following the collapse of crypto exchange FTX, which was…
How bad is the current state of crypto? On-chain analyst explains
Despite the widespread loss of confidence in crypto following the FTX collapse, Bitcoin's on-chain data gives investors hope. 229 Total views 3 Total shares Despite the market downturn and the widespread negative sentiment in the…
FTX’s collapse could change crypto industry governance standards for good
The crypto market is often referred to as the Wild West of the finance world. However, the events that have unfolded within this space recently would put to shame even the hardiest of cowboys from the day of yore. As a quick refresher, on…
Uzbekistan issues first crypto licenses to two local ‘crypto stores’
Starting from January 2023, only licensed cryptocurrency firms will be allowed to provide cryptocurrency trading services to Uzbek citizens. 1866 Total views 20 Total shares As Uzbekistan prepares to adopt a new cryptocurrency…
Sam Bankman-Fried is ‘deeply sorry’ for collapse in letter to FTX team
The former CEO described his role in the exchange's downfall as a failure in oversight, saying he should have been "more skeptical of large margin positions." Former FTX CEO Sam Bankman-Fried, also known as SBF, has reiterated apologies to…
Bitpanda secures crypto licence in Germany, claims to be the first “European retail” crypto…
The other licensees included three European institutional investment platforms and one U.S.-based retail platform. 3304 Total views 6 Total shares In an official blog post, Bitpanda announced that it has secured a crypto custody…
Crypto Twitter reacts to Binance CEO’s deleted tweet about Coinbase’s Bitcoin Holdings
Coinbase was trending on Twitter on Nov. 22 after Binance CEO Changpeng Zhao, known also as CZ, sent out a tweet that appeared to question Coinbase’s Bitcoin holdings.In the since deleted tweet, CZ referenced a yahoo finance article that…
CoinMarketCap launches proof-of-reserve tracker for crypto exchanges
The tool allows users to monitor exchanges’ reserves through displays of total assets and public wallet addresses, along with the balance and value of the wallets displayed. 1165 Total views 10 Total shares CoinMarketCap, a leading…
Lido fundamentals shine even as the wider crypto market struggles to regain traction
Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users and Ethereum stakers. 352 Total views 6 Total shares The crypto market has witnessed a turbulent few weeks after the…
FTX funds on the move as thief converts thousands of ETH into Bitcoin
According to Chainalysis, “Reports that the funds stolen from FTX were actually sent to the Securities Commission of The Bahamas are incorrect.” 1336 Total views 22 Total shares According to blockchain analysis company Chainalysis,…
