This week in crypto: The FTX saga continues to unfold
Companies affected by FTX’s recent collapse are starting to come out, with bankruptcy filing currently underway. Numerous companies affected by FTX’s collapse FTX filed for chapter...
FTX meltdown triggers FINRA into probing crypto comms
The Financial Industry Regulatory Authority (FINRA), the American self-regulatory organization, has launched an examination into the firm’s retail communications concerning crypto products and services offered...
FTX’s bankruptcy filings show ‘complete failure of corporate controls’
Bankruptcy filings have called out Sam Bankman-Fried (SBF) and the entire FTX team for a complete failure of corporate controls. The latest bankruptcy filings have...
Litecoin targets the $70 resistance level again after adding 7% to its value
Litecoin is outperforming the other major cryptocurrencies so far today and is up by more than 7% in the last 24 hours. LTC, the native...
Bahamian securities regulator ordered the transfer of FTX’s digital assets
The Securities Commission of The Bahamas (SCB) said it had ordered the transfer of all digital assets of FTX Digital Markets (FDM) to a digital...
FTX names Kroll as claims agent, to update users on bankruptcy developments
Bankrupt crypto exchange FTX has appointed restructuring administration firm Kroll as its agent to track all claims against FTX and ensure interested parties are notified...
US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX
United States Sens. Elizabeth Warren and Richard Durbin wrote to the former and current CEOs of FTX, Sam Bankman-Fried and John Jay Ray III, respectively,...
Binance never viewed FTX as competition, says Changpeng Zhao
Binance’s CEO Changpeng Zhao has pointed out that his cryptocurrency exchange was never in competition with FTX. CZ, the CEO of crypto exchange Binance, fielded...
Interview: Nexo launch non-custodial wallet
It’s been a chaotic week in the cryptocurrency space, with yet another centralised firm – this time FTX – going under. Against this backdrop, the...
Top four highlights from Mars Labs’ recent AMA session
The Mars Labs team held an Ask Me Anything (AMA) session where they revealed the direction of the Mars Metaverse project. In an AMA session...