FTX Japan plans to resume withdrawals by 2023: Report
Japan’s Financial Services Agency requested the exchange suspend business orders on Nov. 10 prior to FTX Group declaring bankruptcy in the United States.
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Binance makes moves in hardware wallet industry with new investment
Binance Labs has made a strategic investment in the Belgian hardware wallet firm Ngrave and will lead its upcoming Series A round.
Celsius bankruptcy victims get proof-of-claim deadline from US court
The situation surrounding the Celsius bankruptcy continues as U.S. regulators set a deadline for those affected by the situation to file a proof claim against the company.
FTX-owned Liquid exchange pauses all trading after withdrawal halt
Liquid’s operational halt comes five days after the exchange suspended all withdrawals due to FTX’s bankruptcy filing.
FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing
Not much is known about who these creditors could be, as names and personal information were redacted from the published document.
FTX funds on the move as thief converts thousands of ETH into Bitcoin
According to Chainalysis, “Reports that the funds stolen from FTX were actually sent to the Securities Commission of The Bahamas are incorrect.”
South Korea investigates crypto exchanges for listing native tokens
Initial investigations revealed that all crypto exchanges performed lawful operations across South Korea. However, Flata Exchange is suspected of listing its in-house token, FLAT, in January 2020.
Binance CEO CZ begins working on Vitalik Buterin’s ‘safe CEX’ ideas
While long-term solutions will need the involvement of multisig and social recovery wallets, Buterin pointed out two alternatives for the short-term — custodial and non-custodial exchanges.
Report: 950 FTX Users in Taiwan Had Digital Funds Worth $150 Million Held on the Exchange When It Collapsed
At the time of FTX’s collapse, about 950 users in Taiwan had a total of $150 million worth of digital assets stored or held at the crypto exchange, a law…
Bitcoin scarcity rises as bad exchanges take 1.2M BTC out of circulation
Historical data around crypto crashes revealed that 14 crypto exchanges, together, were responsible for the loss of at least 1,195,000 BTC, representing 6.3% of the 19.2 Bitcoin currently in circulation.
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