Klaytn Foundation awards over $1 million to winners of its web3 hackathon
The inaugural winners of the Klathn Foundation’s web3 hackathon have received more than $1 million in grants. Klaytn Foundation, the non-profit overseeing growth of...
Liquid exchange halts all trading after suspending withdrawals
FTX-owned Liquid exchange has halted trading activities on its platform a few days after suspending withdrawals. Japanese-based crypto exchange, Liquid, has announced that it had...
Billionaire investor Bill Ackman says ‘crypto is here to stay’
Billionaire investor and hedge fund manager Bill Ackman says he remains bullish about cryptocurrencies, despite the recent collapse of the FTX cryptocurrency exchange and the...
Celsius had ‘insufficient’ accounting and operational controls, says examiner
The independent examiner in crypto lender Celsius’ bankruptcy case has alleged that the company failed to set up “sufficient” accounting and operational controls in its...
FTX fiasco means coming consequences for crypto in Washington DC
On Nov. 11, while the rest of the country was celebrating Veteran’s Day, Sam Bankman-Fried announced that FTX — one of the world’s largest cryptocurrency...
FTX starts strategic review of all assets
FTX has engaged US-based firm Perella Weinberg Partners LP as its lead investment bank to help with the sale or reorganisation of subsidiaries. FTX Trading...
FTX illustrated why banks need to take over cryptocurrency
FTX — the three letters on everyone’s lips in recent days. For those active in the crypto space, it has been a shattering blow as...
Singapore police warn investors against FTX phishing scams: Report
The Singapore Police Force has warned investors to be weary of fake websites claiming they can help them recover funds from the now-bankrupt cryptocurrency exchange...
South Korea seizes $104M from Terra co-founder suspecting unfair profits
While crypto exchange FTX stole the limelight from other fallen ecosystems, South Korean authorities continue their efforts to bring closure to the victims of the...
CFTC Commissioner Mersinger says the time has come for action on crypto regulation
United States Commodity Futures Trading Commission (CFTC) commissioner Summer Mersinger suggested that the time to act on cryptocurrency regulation may have arrived. Speaking at the...