Solana Foundation Lost Over $180 Million in Crypto on FTX
The Solana Foundation has released a fact sheet detailing the exposure it holds to FTX following its bankruptcy The organization held over $180 million worth of crypto asset exposure to…
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Here’s How Much Has Been Recovered Since FTX’s Bankruptcy Filing
As events continue to unfold in the wake of FTX’s collapse, some of the funds missing from the exchange’s accounts have been found and secured. Shortly after its sudden downfall,…
CZ Confirms: Binance US Will Bid Again for Voyager Assets
As FTX will not be able to follow through on its commitment to purchase Voyager and its assets, Binance US will return to the table, said Changpeng Zhao. He also…
Elon Musk Believes SBF Is Better at Bribing Media Outlets Than Running FTX
Twitter’s new CEO – Elon Musk – thinks Sam Bankman-Fried is much better at “bribing media” than managing a cryptocurrency platform. The South African entrepreneur also dismissed the rumors that…
Crypto Survived MtGox and it Will Survive FTX: Chainalysis
On Nov. 24, analytics firm Chainalysis made the Mt.Gox comparison as it was not the first time the crypto world has been shaken due to an exchange demise. Mt.Gox was…
South Korea To Change Its Legal Framework To Better Control Crypto Projects
On the heels of the Terra LUNA meltdown and the bankruptcy of FTX, authorities from South Korea are proposing new amendments to the Digital Assets Bill seeking greater control over…
Cathie Wood Reiterates Her $1 Million Bitcoin Bet
Despite the FTX meltdown and the consecutive decline of the cryptocurrency market, the Founder and CEO of Ark Invest – Cathie Wood – stands by her prediction that bitcoin will…
After FTX Blowup, Crypto Wallet SafePal Achieves Record Signups
The collapse of crypto exchange FTX appears to have sparked surging sales for self-custodial crypto wallets which give users direct ownership of their coins. SafePal, a Binance-backed crypto wallet brand,…
SBF in Letter to FTX Employees: I Froze Up in the Face of Pressure
The disgraced founder of FTX apologized to his employees in a two-page letter dispatched to his former colleagues, shedding light on the demise of his crypto conglomerate. He also mentioned the…
MAS Explains Reasons for Not Alerting Local Users About FTX
The Monetary Authority of Singapore stated that there was no reason to caution investors against FTX crypto exchange as it did with Binance because the former did not actively solicit…
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