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Crypto Lender BlockFi Preps for Possible Bankruptcy Filing After FTX's Woes: WSJ

15.11.2022
BlockFi has paused withdrawals and customer deposits

Next Level Blockchain Ecosystem IllumiShare SRG Set to Launch Token Presale

15.11.2022
PRESS RELEASE. In a move that will excite crypto enthusiasts, IllumiShare SRG has announced its token presale launch, which will hold on the 23rd of November after an unveiling party in Dubai on November 22nd. His highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan from the Abu Dhabi Royal...

Bitget Raises Its Protection Fund to $300M to Reassure Users After FTX’s Collapse

15.11.2022
PRESS RELEASE. Nov 15th, 2022 – Leading global cryptocurrency exchange, Bitget announces that it will increase its Protection Fund to 300 Million USD, in order to provide better protection and further assurance to crypto users. This is part of Bitget’s major efforts in building...

Report: Streamer Deleted From TV Station's Feed After Abusive, Misogynist Video Resurfaces

15.11.2022
Streamer, YouTuber and all-round internet celebrity IShowSpeed has recently been helping one of the biggest TV stations in Europe, Sky Sports, with its broadcasts of English Premier League matches. That was, reportedly, until the executives at the channel found out about a video that went viral...

Crypto Industry Participants Field Questions from UK Lawmakers After FTX Collapse

14.11.2022
In an evidence inquiry session on crypto held by the Treasury Committee, the industry addressed negative questions, with some calling for more regulatory clarity

Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX

14.11.2022
After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on FTX, another crypto asset management firm called Ikigai detailed that “a large majority of the hedge fund’s total assets” were stored on FTX. Ikigai chief investment officer, Travis...

After FTX: Rebuilding Trust in Crypto’s Founding Mission

14.11.2022
For an industry built on the principle of decentralization, we had a lot of trust in one 30-year-old. Understanding why is key to a more sustainable future for crypto

US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins

14.11.2022
According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed to freeze the PAXG tokens after “direction from U.S. federal law enforcement.” Paxos...

Biggest Movers: CRO Rebounds as CEO Kris Marszalek Admits ‘Trust Was Damaged’

14.11.2022
On Nov. 14, cronos rebounded, as Crypto.com CEO Kris Marszalek held an “Ask me Anything” (AMA) session, while speculation grew on the company’s level of solvency. The concerns came after it was revealed that a transfer of $400 million was made to gate.io in recent weeks. Polygon also...

Is GPU mining profitable after the Ethereum Merge?

14.11.2022
The Ethereum merge is the upgrade from proof-of-work to proof-of-stake as a way of validating block transactions on the network

After Bitcoin's Worst Week in Five Months, Here's What Crypto Analysts Are Saying

14.11.2022
A roundup of commentary on how digital-asset market analysts see the next few months unfolding

Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo

14.11.2022
The CEO of cryptocurrency exchange Kraken has outlined the impact of FTX’s failure on the crypto industry. After listing multiple red flags, the executive stressed: “The damage here is huge … We’re going to be working to undo this for years.” Crypto Exchange...

CrossTower revises new offer for Voyager's assets after FTX's bankruptcy

13.11.2022
Voyager reopened its bidding process after FTX US, the original winner, filed for bankruptcy on Nov. 11

Royal Bahamas Police Force Reveals FTX Is Being Investigated for ‘Criminal Misconduct’

13.11.2022
“A team of financial investigators” are currently investigating the now-defunct crypto exchange FTX, the Royal Bahamas Police Force said in a statement shared on Sunday. The police noted that the financial investigators were searching to see if “any criminal misconduct occurred.” Bahamas...

Liquidity hub Serum forked by developers after FTX hack

13.11.2022
SRM and MSRM tokens and fees discounts were not changed and were working as before, said developers

Crypto Exchange Kraken Freezes Accounts of FTX, Alameda Research, Their Executives

13.11.2022
Crypto exchange Kraken has frozen a handful of accounts owned by the bankrupt FTX Group, Alameda Research, and their executives. Kraken has been in contact with law enforcement after discovering that an account on its platform was used in connection with unauthorized transfers at FTX. Kraken...