FTX under investigation in the Bahamas for criminal misconduct – Report
An investigation of possible criminal misconduct over the insolvency of cryptocurrency exchange FTX is underway by financial investigators and the Bahamas securities regulators, according to...
What is a Helium miner and how does it work?
Mining helps verify the legitimacy of transactions conducted via a blockchain network such as the Bitcoin blockchain. Miners can start mining cryptocurrencies using hardware like...
$3 billion in Bitcoin left exchanges this week amid FTX contagion fears
Bitcoin (BTC) investors are withdrawing funds from exchanges at a rate not seen since April 2021 with nearly $3 billion in Bitcoin withdrawn over the...
Bitcoin could drop below $16k as the bearish trend continues
Bitcoin has lost more than 20% of its value over the last seven days and could record further losses this week. The cryptocurrency market has...
Hong Kong to avoid FTX-like scenario through transparency and supervision
Just days after Binance CEO Changpeng “CZ” Zhao warned about the onset of greater regulatory scrutiny amid the FTX collapse, the Financial Secretary of Hong...
Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds
To counter the rising mistrust among crypto investors following the FTX collapse, crypto exchanges unanimously decided to share proof of reserve with the public as...
Regulator denies asking FTX to prioritize withdrawals for Bahamian clients
The Securities Commission of The Bahamas (SCB) has denied instructing or authorizing crypto exchange FTX to prioritize withdrawals of Bahamian clients. In a statement on Nov....