In the long run, the industry needs to come together and step up its cybersecurity game in a big way rather than seek out such […]
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Month: November 2022
Binance CEO CZ on FTX crash: “We’ve been set back a few years”
With one of the biggest crypto businesses falling overnight after getting caught misappropriating user funds, CZ believed the episode was devastating for the industry, which […]
Tether blacklists $31.4M USDT following FTX’s alleged hack, Musk reacts
Billionaire entrepreneur Elon Musk, who recently purchased Twitter in hopes of unleashing the platform’s full potential, acknowledged Twitter’s contribution in tracking down the FTX developments […]
Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco
Over the past few days, major crypto exchanges, including Binance, OKX, Kucoin and Crypto.com, committed to sharing their proof of reserve to regain investor confidence.
FTX funds on the move: bankruptcy proceedings, insider threat or a hack?
The wallet address in question received funds from various international and U.S.-based wallets linked to FTX, which amassed over 83,878.63 ETH (worth over $105.3 million) […]
Worldwide Webb founder explains the role interoperability will play in Web3
NFT Steez chats with Worldwide Webb founder Thomas Webb to discuss the future impact of interoperability in Web3 and the Metaverse.
Analysts urge calm as Tether depegs from USD, Bitcoin loses $17K rebound
Tether follows Tron’s USDD stablecoin in coming unstuck amid suspicions of shorting involving FTX and Alameda Research.
FTX US suspends withdrawals, according to on-chain data
The development comes less than 24 hours after the platform issued an advisory urging its users to close down trading positions
MakerDAO Risk Core Unit makes urgent parameter change request in light of recent market events
The proposed change would prevent certain coins that have fallen in value recently from being used as collateral.
Genesis receives additional equity infusion of $140M following recent market events
According to the company, this will bolster its position as a global leader in crypto capital markets.