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The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust.

The Binance CEO was responding to a questioner who accused the company of profiting from FTX’s downfall while normal users suffered.

Although it admitted to “significant exposure,” the crypto lender assured clients that it has “the necessary liquidity to explore all options.”

Following the announcement, a representative confirmed that the venture capital firm Bitkraft would also be joining as a partner and member of the jury.

Binance CEO Changpeng Zhao said self-custody is a “fundamental human right,” while Michael Saylor said self-custody is necessary to prevent powerful actors from accumulating and […]

Lin Li, the company’s founder, has agreed to lending up to $14 million to New Huo Technology to bailout affected clients.

It’s Downtober for crypto as venture capital drops 48.6%, security token volume is down 24.8%, and Core Scientific and Argo Blockchain face financial difficulties.

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

CEO Marszalek says the firm has recovered much of the funds and has less than $10M in exposure to FTX.

A Curve spokesperson has confirmed they have been in negotiations to acquire BlockFi’s credit card program’s customers since Nov. 12.