Tether’s USDT issuance protect’s the stablecoin from FTX-Alameda’s crisis
The collapse of FTX and Alameda Research hasn’t affected the USDT stablecoin, thanks to Tether’s issuance policy. Tether, the company issuing the USDT stablecoin, has...
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...
First official DAO in the US to fight SEC without attorneys
The first legally recognized decentralized autonomous organization (DAO) in the United States is taking on the Securities and Exchange Commission (SEC) over its 2021 token...
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...
Celsius bankruptcy victims get proof-of-claim deadline from US court
The ongoing case of the Celsius bankruptcy continues as the United States Bankruptcy Court in the southern district of New York State approved a new...
I’m just as bullish on crypto as ever, says Brian Armstrong
Coinbase’s CEO has revealed that he remains as bullish as ever despite the recent events in the crypto space. Brian Armstrong, the CEO of crypto...
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...