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New data has shown that as many as 6,100 crypto and bitcoin automated teller machines were installed in the first eleven months of 2022. The latest figure is approximately three…
A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest…
The Securities Commission of The Bahamas said the continued hacking attempts on FTX prove it made the right call to "secure" FTX's digital assets.
The Russo’s are reported to have said that FTX “is one of the most brazen frauds ever committed” in their reasoning for wanting to create the show.
A Ripple executive says there is one important lesson from the meltdown of crypto exchange FTX that he “can say with total confidence will not be learned.” The executive added:…
Senators Elizabeth Warren and Sheldon Whitehouse have demanded an investigation into FTX’s failure. Warren, Whitehouse Demand DOJ Action FTX could soon face further investigations. In a letter published today, Senators...
U.S. Congressman Tom Emmer says the FTX meltdown is not a crypto failure but a failure with SEC Chairman Gary Gensler, former FTX CEO Sam Bankman-Fried, and centralized finance. “We…
“The fall of FTX was not simply a result of sloppy business and management practices, but rather appears to have been caused by intentional and fraudulent tactics," said the letter.
The former CEO described his role in the exchange's downfall as a failure in oversight, saying he should have been "more skeptical of large margin positions."
The market cap of Tether dropped amid the FTX fiasco while USD Coin supply increased by $2 billion.