Singapore’s Temasek Says FTX Investment Now Worth Nothing
As the remains of FTX continue to circle the drain amidst a storm of cryptic tweets from the former CEO, more and more firms have taken the necessary measures to…
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El Salvador to Start Buying 1 Bitcoin Per Day, Says Bukele
El Salvador’s president took it to Twitter to announce that the country will resume its BTC buying spree as of tomorrow. Interestingly, Tron’s Justin Sun quickly followed up, saying his…
Aussie Regulator Terminates FTX Australia’s License
The Australian Securities & Investments Commission (ASIC) suspended the FTX Australia license until May 15, 2023, following the exchange’s recent fiasco. The crash has affected around 30,000 Aussie consumers who…
FTX Says Sam Bankman-Fried Does Not Speak On Its Behalf
FTX is trying to do damage control in the midst of a bankruptcy process that has sent shockwaves throughout the whole crypto industry. In a small Twitter thread, the official…
Brian Armstrong Sells Over $1.6 Million in Coinbase Shares
As the ongoing FTX drama dashed hopes of the ongoing crypto winter ending, Coinbase was one of the few companies to come out and say that they suffered no exposure…
Elon Musk Expects to Find Someone Else to Run Twitter
The notorious new “Chief Twit,” Elon Musk, may not be so for much longer. After buying Twitter and installing himself as its CEO late last month, the billionaire has revealed…
dYdX Could be Among Largest Beneficiaries From FTX Collapse: Report
The unforgivable mishandling of customer funds has left millions of users with trapped funds, crippled years of constructive industry reputation, and triggered new credit contagion risks. Amidst this chaos, the…
Charlie Munger Bashes Bitcoin Again, Says It’s Good for Kidnappers
The American billionaire investor Charlie Munger reiterated his negative tone on the crypto sector, saying bitcoin stimulates child prostitution, kidnappings, and other criminal affairs. He also argued that the FTX…
Gemini Recovers From Services Outage Following Genesis Withdrawal Freeze
Gemini – the crypto exchange founded by the Winklevoss twins in 2014 – experienced sweeping service disruptions shortly after Genesis froze customer withdrawals on Wednesday. The firm later clarified that…
US SEC Delayed Decision on ARK 21Shares Bitcoin ETF Application
The United States Securities and Exchange Commission (SEC) extended its final decision on whether to approve the launch of ARK 21Shares’ spot BTC ETF to January 27, 2023. The Commission…
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