Day: 14 November 2022

Aptos, a Layer 1 blockchain infrastructure company, has partnered with Google Cloud to power some of its validator nodes.  On a panel at TOKEN2049 London, Simon Baksys, the go-to-market and business development lead for Google's Web3 division, and Mo Shaikh, co-founder, and CEO of Aptos, spoke about the partnership.  "I ...

FTX Group announced through its official Twitter page on Friday that it has filed for voluntary Chapter 11 bankruptcy in the United States and that its CEO, Sam Bankman-Fried, had resigned, marking a stunning collapse for one of the largest and most influential players in the cryptocurrency industry.  FTX announced ...

The Hong Kong-based cryptocurrency exchange AAX  has reiterated that withdrawals have been suspended on the platform with no connection to the ongoing effects of FTX's collapse and that any claims to the contrary are untrue.  On November 13, the crypto community reported seeing a "system upgrade notification" message stating that ...

The CEO of Singapore-based crypto exchange Crypto.com, Kris Marszalek, stated that the company would prove all naysayers wrong about the platform's purported "trouble," that it has a strong balance sheet, and it has taken no risks nor is it in trouble.  In a Q&A session broadcast live on Crypto.com's official ...

Blockchain and cryptocurrencies offer practically limitless options to a wide range of users. However, until recently, many protocols were separate and couldn't 'talk' to each other. This divided the crypto user base without improving the overall user experience and limited what developers could create.  Potential solutions like the IBC (Inter-Blockchain ...

Bitcoin, the most valuable coin by market capitalization, dropped more than 19% in the last seven days, trading at $16,774. Early last week, it was around $15,500. Several other cryptocurrencies also dipped, with FTX's token FTT experiencing a worst-case 50% decline. The bankruptcy filing raised the possibility that hundreds of ...

Sam Bankman-Fried, the CEO of FTX, might've had his Twitter account hijacked. The account tweeted the word "What" at 4:01 am GMT +1, which was followed by a second tweet with the letter "H" at 4:49 am GMT +1. Source: Twitter.com Several Twitter users began creating poor jokes and memes ...

On Thursday, November 10, the assets of FTX Digital Markets (FDM) and "related parties" were frozen by the Securities Commission of The Bahamas (SCB), the country's securities regulator, on Thursday, November 10. The Commission suspended FTX Digital Markets Ltd.'s registration and appointed Brian Simms as a provisional liquidator for the ...

ChainUp, a global blockchain technology solutions provider, announced that it would offer crypto exchanges a Merkle Tree Proof-of-Reserves solution to promote digital asset transparency. 3/ With that being said, to keep up with rising demands for asset security, #ChainUp is pleased to announce that we will be providing #MerkleTree solutions ...

As the FTX crisis affects the crypto market, Binance CEO Changpeng Zhao announced on Monday, November 14, that an industry fund is being created to help strong projects affected by the liquidity crisis recover.  “To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund, to ...