"At @HuobiGlobal, we believe that the key to success in the world of cryptocurrency is to 'Ignore FUD and Keep Building,'" Sun said in a Twitter thread in an attempt to put worried users at ease following the surge of withdrawals.
In one of his interviews in December 2022, Bankman-Fried admitted that while some of his donations were sincere, others were made to gain favor.
SHIB, the native token of the ecosystem, spiked 5.22% following the tweet from Shibarium's official Twitter account.
The team cleared out rumors claiming that other "tokens in the network" are "required to utilize it" and noted that BONE "is and remains the only token selected for gas fees and use."
The unconventional way liquidators used to issue the subpoenas was necessary because the whereabouts of founders Su Zhu and Kyle Davis are still unknown.
"This is to confirm and validate, from us, the official source, that BONE is and remains the only token selected for gas fees and use. No other tokens will be necessary to operate within the protocol," the Shibarium update read.
African Gold Acquisition Corp discovered the alleged withdrawals in August 2022. It then fired Cooper Morgenthau and reported his activities to the financial regulator.
YouTuber Steven Findeisen, more popularly known as Coffeezilla, alleged in recently uploaded videos that Logan Paul's Crypto Zoo NFT project was a "scam."
"At HuobiGlobal, we are committed to diversity and inclusion in the workplace. That's why we are proud to announce that we will be hiring more female employees in the future," Justin Sun tweeted last week.
Bankman-Fried's lawyers disclosed that SBF parents, both professors at Stanford Law School, have been on the receiving end of physical threats since the epic collapse of FTX.
"We're still operating but will be scaling back to plan our next steps," Wyre co-founder Giannaros said.
Sam Bankman-Fried, formerly worth an estimated $26 billion, is facing charges that could send him to prison with up to 115 years sentence.
Without a serious utility that many tokens have in decentralized finance (DeFi), DOGE and SHIB meme coins still manage to have $18 billion market cap combined, nearly double that of Cardano (ADA).
A former chief financial officer of multiple special purpose acquisition companies (SPACs) has pleaded guilty to embezzling more than $5 million from them, and losing almost all of it trading meme stocks and cryptocurrencies.
Banks should be more careful about the risks of fraud, legal uncertainty and misleading disclosures by crypto firms, U.S.
The positive news fueled the price of DOGE and compelled it to signal a potential break out from the descending wedge pattern.
In the era of social media, washing dirty laundry in public can be a double-edged sword and executives running multi-billion dollar businesses are expected to be a lot more than this.
"In terms of new business domains, we named three focus investment fields under our medium-term business plan. Among those, we are most focused on blockchain entertainment," Square Enix President Yosuke Matsuda said.
Kusama revealed in August 2021 that the Shiba Inu team had started working with Unification/XFund to complete Shibarium.
It turned out Alameda Research was on the brink of collapse even before Sam bankman-Fried launched the crypto derivatives exchange FTX.
The crypto genius cited multiple areas in crypto that would need fixing, including privacy, UX, scaling and more secure user accounts for average users.
"Haters, you can deal with that, it is what it is," Matt Wallace said, adding that "it is time to continue making videos for Dogecoin."
Aside from the plummeting Tesla shares, which lost 65% of their value in 2022, the electric vehicle maker also lost a significant amount due to its Bitcoin holding, representing 0.088% of Musk's loss.
SHIB maintained its seat in the list of crypto assets, which suggests that the development team is on the right track in handling the current market situation.
A pseudonymous DeFi educator shared on-chain data showing a series of wallet transactions allegedly linked to the FTX founder.
"Eligible customers will be sent an email with information on how to open a Liquid account in mid-January," FTX Japan said.
"There's definitely more to Solana than FTX," Solana co-founder Anatoly Yakovenko said in an interview last month.
At least 30 cryptocurrency wallets linked to Alameda Research swapped and mixed more than $1.7 million worth of crypto assets via different crypto-mixing services.
The developer also made it clear that if the proposal were true, the foundation would have to involve the community before making a move.
"But seriously... I'm just putting a nice bow on it so we can reach those outside the army and then there are a lot of docs to organize and put up and then VOILA," Kusama said.