Meme coins are finding real-world applications today, despite the bear market. Dogecoin (DOGE) was the first meme coin adopted for practical use by billionaire Elon Musk and his automobile brand, Tesla. Shiba Inu (SHIB), famed as the "Dogecoin killer,"...
On Monday, November 14, 2022, crypto asset manager Ikigai revealed that it held the majority of its funds with FTX, while troubled lender BlockFi hired Berkeley Research Group. "FTX accounted for a large segment of the hedge fund's total...
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...
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...
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...
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...
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...
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....
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...
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...
