CRYPTO

The DOJ watchdog likened the spectacular collapse of FTX to "bankruptcy cases of Lehman, Washington Mutual Bank, and New Century Financial."

Do wallets stand to replace exchanges as the go-to mechanism for retail investors to keep their cryptocurrencies?

"Apple's claim is that the gas fees required to send NFTs need to be paid through their In-App Purchase system, so that they can collect 30% of the gas fee," Coinbase said.

South Africa is trying to seal legislative holes by bringing tighter regulations on crypto.

The U.S. Department of Justice's bankruptcy watchdog on Thursday called for an independent investigation into the collapse of crypto exchange FTX, saying customers need a neutral party to investigate allegations of "fraud, dishonesty, incompetence, misconduct, and mismanagement."

Sam Bankman-Fried's PR may have been working in overdrive in the past, considering that it was able to fetch investments from major names in the business world, including the investment arm of Samsung.

The crypto executive's whereabouts are still unknown and despite being on Interpol's red notice list.

Launched in July last year, BONE has come a long way and even reached its all-time high on Oct. 8 when it traded at $3.02.

The billionaire's death is the third in the string of mysterious deaths of crypto leaders over the past weeks.

Aptos is taking on the task of scalability, among other things, but what exactly does it do, and how exactly does it go about it?

Adena Friedman, chief executive officer of Nasdaq Inc, said on Wednesday she expects a quiet first half of 2023 for initial public offerings as investors remain cautious, but is hopeful activity will pick up in the second half of the year.

Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestions of fraud in his first public appearance since his company's collapse stunned investors and left creditors facing losses totaling billions of dollars.

Few reports claim that Indian users managed to stay unscathed from the hard hit of the crypto billion-dollar wipeout.

Some Federal Reserve officials in the minutes of the meeting were quoted saying, that "slowing the pace of increase could reduce the risk of instability in the financial system."

In a tweet prior to the bankruptcy filing, Bankman-Fried clarified that "FTX US, the US-based exchange that accepts Americans, was not financially impacted by this shitshow. It's 100% liquid. Every user could fully withdraw."

Starting next year, users will not be able to purchase, sell, receive, or send these delisted crypto assets using the Coinbase wallet app.

During the Tuesday hearing, U.S. Bankruptcy Judge Michael Kaplan authorized BlockFi to continue paying its employees and maintain its bank accounts.

Crypto Twitter speculate that the FTX hack could be an "inside job" considering that the hacker was able to siphon the funds of FTX global and FTX US simultaneously despite that they are independent entities.

Musk and his recent acquisition of the social media platform Twitter have been credited for the impressive performance of the meme coin over the past weeks.

There is a misconception among investors each time tokens are sent to centralized exchanges. Most of them think that the holders have sold them or are on a dumping spree.

These kinds of retail investors seemed undeterred by the ongoing crypto market crisis.

The crypto lender said it will use the bankruptcy proceedings to "focus on recovering all obligations owed to BlockFi by its counterparties, including FTX and associated corporate entities."

Is Binance hinting at listing BONE on its exchange? The Shib army hopes so.

Despite this impressive performance in the current bear market, DOGE's price is 84.5% of its all-time high price of $0.682 on May 8, 2021.

The Kraken CEO previously underlined that proof of reserves is not the list of wallets but assets minus liabilities, and it should come with a "cryptographic proof of client balances and wallet control."

The controversial collapse of FTX alarmed authorities all over the world and pushed regulators to have a deeper look at the rules they have set for cryptocurrency businesses.

Every Bitcoin crash set the stage for another rally, which drove the digital currency to new highs, but will history repeat itself this time around?

"[W]hen we boil it down to market fundamentals, we can see that cryptocurrency has survived worse than the fall of FTX. There's no reason to think the industry can't bounce back from this, stronger than ever," the research lead said.

"Singapore places a more stringent approach compared to its counterparts with good intentions to protect consumers," crypto platform Luno said.