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Canaan Q3 Net Income Drops 88% as Bitcoin Mining Declines

14.11.2022
Canaan (CAN), a producer of bitcoin mining equipment, said net income slumped 88% in the third quarter due to "negative market dynamics."

Crypto.com CEO Dismisses Speculation of Financial Trouble, Says FTX Exposure Is Minimal

14.11.2022
In a live question-and-answer session, Crypto.com CEO Kris Marszalek said the company’s balance sheet is strong

Binance Starts Recovery Fund for Crypto Projects Facing Liquidity Crisis

14.11.2022
Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative

Crypto Token Launch Platform Tokensoft Doxes 4500 Users, Calling Them ‘Bad Actors’

14.11.2022
A Tokensoft community manager published an excel sheet of "bad actors" on Discord with their personal details

Crypto Exchange AAX Suspends Withdrawals as FTX Failure Reverberates

13.11.2022
The Hong Kong-based exchange blamed the suspension, which could last as long as 10 days, on a third-party failure. It has said it has no exposure to Sam Bankman-Fried’s company

All Custodial Crypto Exchanges Should Adopt Proof-of-Reserve Programs, but Even That Isn’t Enough

13.11.2022
After last week’s FTX debacle, customers who don’t wish to take custody into their own hands should demand far better from their service providers. Crypto Long & Short is CoinDesk's weekly newsletter featuring insights, news and analysis for the professional investor

Binance, Huobi Block FTT Deposits After $400M Worth of Tokens Illicitly Released

13.11.2022
The tokens were illicitly released from FTT’s main deployer address

FTX Hack Sparks Revolution at Serum DEX as Solana Devs Plot Alameda's Ouster

13.11.2022
Developers are scrambling to create a new version of the on-chain liquidity hub that has no ties to Sam Bankman-Fried’s burning empire

For Coinbase, FTX’s Bankruptcy Has Its Pluses and Minuses

12.11.2022
FTX’s collapse may turn off some investors from putting money into crypto altogether, but it could be an opportunity for Coinbase to pick up market share

Elon Musk Reveals Talks With Sam Bankman-Fried: "My Bullshit Meter Was Redlining"

12.11.2022
In a late-night Twitter Spaces on Saturday, Musk said his “bullshit meter was redlining” when he met former FTX CEO Sam Bankman-Fried and urged users to store their crypto holdings on cold wallets

FTX Says It Moved Remaining Funds to Cold Wallets to "Mitigate Damage" After "Unauthorized Transactions"

12.11.2022

Crypto Fund Galois Capital Has Half of Its Capital Trapped on FTX

12.11.2022
According to co-founder Kevin Zhou, the locked funds total around $40 million

Here’s How Much FTX Owes Miami After Arena Sponsorship Cancellation

12.11.2022
The contract between FTX and Miami-Dade County says FTX must pay the County three years of fees in the event of default

Japanese Regulator Slaps FTX Japan With Business Suspension Order

12.11.2022
Japan’s top financial regulator, the Financial Services Agency (FSA), has issued a business suspension order to FTX Japan, the Japanese subsidiary of FTX.com. The financial watchdog has also ordered the crypto exchange to submit a business improvement plan by Nov. 16. Japanese Regulator Takes...