FTX’s failure is not a harbinger of crypto: Gavin Wood
Gavin Wood co-founded Ethereum, Polkadot and Parity Technologies among other top crypto platforms. He says FTX’s implosion offers a chance...
Global Markets
Binance releases its proof of reserves system
Binance’s proof of reserves system initially shows results for the flagship cryptocurrency Bitcoin. The crypto exchange will add other tokens...
This week in crypto: Binance’s $1 billion recovery fund already has contributors
Jump Crypto, Polygon Ventures, and Justin Sun have indicated the desire to contribute to Binance’s recovery fund. Genesis could file...
FTX begins strategic review of all company assets
FTX has engaged US-based firm Perella Weinberg Partners LP as its lead investment bank to help with the sale or...
FTX token: What’s happening with the ‘dead’ FTT?
The FTX token has declined more than 76% in the past two weeks and is down 98% from its all-time...
Cardano’s algorithmic stablecoin to go live on mainnet in January 2023
Djed, Cardano’s over-collateralized algorithmic stablecoin, will be live on mainnet in January 2023 following a successful full audit. The scheduled...
New CEO hired to tidy up the wreckage of collapsed FTX is billing $1,300 per hour
According to court documents filed on Sunday at the US Bankruptcy Court for the District of Delaware ahead of the...
Genesis’ $2.8B crypto lending unit halts withdrawals
The crypto lending arm of Genesis Global Trading, which prices itself as the premier institutional digital asset financial services firm,...
Crypto winter could extend to end of 2023 due to the FTX crisis, report shows
According to a recently released monthly outlook by Coinbase, the crypto market could be in for a longer winter than...
Bybit publishes reserve wallet addresses
Bybit’s largest asset wallet holdings total $1.9 billion, according to details from blockchain analytics firm Nansen. Bybit has become the...
