Search
Paxful CEO preaches Bitcoin self-custody, advises against crypto exchange
12.12.2022
While some execs chose to double down on assuring the funds’ safety on their platforms, Ray Youssef, the CEO of crypto exchange Paxful, sided with the idea of self-custody
Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians
12.12.2022
Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spectacular crash of FTX, one of the largest such platforms, amid tightening regulations and fewer...
SBF wants to start a new business, officially added as hearing witness
12.12.2022
With FTX creditors numbering over one million and owed up to $50 billion, FTX’s old CEO said he’s interested in starting a business to repay them all
Balaji Srinivasan Says FTX Is a Preview of State Failure, USD Bank Accounts Could Be Frozen or Inflated to Worthlessness
12.12.2022
Angel investor Balaji Srinivasan says the collapse of crypto exchange FTX should be treated as “a preview of state failure.” He warned that one day U.S. dollar bank accounts “may be frozen or inflated to worthlessness,” emphasizing that the authorities “will show...
New York Times, FT, Bloomberg Blasted for Attempting to Get FTX Creditors’ Names Unsealed
11.12.2022
Amid the ongoing FTX bankruptcy proceedings, court documents indicate that media firms such as Bloomberg, the New York Times (NYT), Dow Jones & Company, and the Financial Times (FT) want the redacted information tied to FTX creditors unsealed. The media companies believe the public should...
FTX Co-Founder Sam Bankman-Fried Agrees to Testify Before US Congress
10.12.2022
The co-founder of collapsed crypto exchange FTX, Sam Bankman-Fried (SBF), has agreed to testify at one of the two congressional hearings set for next week. “I had thought of myself as a model CEO, who wouldn’t become lazy or disconnected,” Bankman-Fried claimed. Sam Bankman-Fried...
Crypto.com Crypto Exchange Provides Proof of Reserves After Panic by Investors – Here’s What You Need to Know
10.12.2022
Crypto.com has become the latest cryptocurrency exchange to release its Proof of Reserves data from auditing firm Mazars Group, proving that its clients' assets are fully backed one-to-one.
According to a Friday blog post, auditing firm Mazars conducted the verification process, revealing that...
Report: Chipper Cash Valuation Dropped to $1.25 Billion After it Secured Additional Funding From FTX
10.12.2022
After Chipper Cash ended 2021 as one of Africa’s most valued fintechs, the FTX-backed startup’s valuation dropped from $2 billion to $1.25 billion after it reportedly received a $35 million simple agreement for future equity (SAFE) grant from the now-collapsed crypto exchange FTX....
Mizuho Downgrades Crypto Exchange Coinbase to ‘Underperform,’ Cuts Price Target to $30
9.12.2022
The bank’s analysis shows that 2023 revenue estimates for the crypto exchange are overly optimistic
Crypto Exchange Coinbase Asks Users to Switch USDT for USDC
9.12.2022
Coinbase highlights questions about Tether reserves in campaign to get users over to USDC
Kevin O’Leary Reveals FTX Paid Him $15 Million to Become a Spokesperson for the Exchange
9.12.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that the collapsed crypto exchange FTX paid him about $15 million to become its spokesperson. “I put about $9.7 million into crypto. I think that’s what I lost. I don’t know. It’s all at zero,”...
‘Wolf of Wall Street’ Jordan Belfort Expects Bitcoin and Ethereum to Be ‘Substantially Higher’ Despite FTX Collapse
9.12.2022
Jordan Belfort, aka the Wolf of Wall Street, expects bitcoin and ethereum to be “a lot higher” than they are now. Noting that the collapsed crypto exchange FTX is a scam, he stressed that its implosion “doesn’t mean that you can disregard bitcoin completely and...
Centralized Crypto Exchange Bybit Integrates Decentralized Exchange ApeX Pro Onto Platform
8.12.2022
The move had been “well under way” prior to the collapse of FTX and heightened scrutiny of centralized exchanges
Crypto Exchange Binance.US Eliminates Trading Fees for Ether
7.12.2022
The exchange will also offer additional trading fee discounts to customers who pay their trading fees with BNB tokens
North Korea Running ‘Trojan-infested Fake Crypto Exchange,’ Say Experts
7.12.2022
A security firm says North Korean hackers created a bogus crypto exchange that infects users’ internet-connected devices with malware – which allows them to access sensitive networks so they can steal cryptoassets.
The claims were made by the security provider Volexity, and backed by the likes...
Zodia Custody Introduces Service to Protect Against Crypto Exchange Insolvency
7.12.2022
The crypto storage provider has rolled out a new service designed to protect clients' digital assets from insolvency of crypto exchanges
Binance Counters ‘Wrong Narratives’ About FTX — CZ Calls SBF ‘One of the Greatest Fraudsters in History’
7.12.2022
The CEO of crypto exchange Binance, Changpeng Zhao (CZ), has countered several “wrong narratives” about the collapsed crypto exchange FTX and its co-founder Sam Bankman-Fried (SBF). The Binance boss calls SBF “a master manipulator” and “one of the greatest fraudsters...
Ethereum 'March 2020' fractal hints at price bottom — But ETH bears predict 50% crash
6.12.2022
Ethereum market analysts desperately search for the bottom but ETH price technicals aren't excluding further downside below $700
ByBit Crypto Exchange to Layoff Third of Workforce Amid Ongoing Bear Market
5.12.2022
Crypto exchange ByBit is planning to cut its workforce by 30% due to poor market conditions - which are likely to worsen, said its CEO Ben Zhou.
Bloomberg cited co-founder and Chief Executive Officer Zhou as saying that reductions will be across the board. ...
Read More: ByBit Crypto Exchange...
Australian Crypto Exchange Swyftx Cuts 90 Jobs Amid Crypto Winter
5.12.2022
The job cuts would equate to a reduction of almost 45% of Swyftx's workforce