CRYPTO

What happened to FTX, regardless of what its auditors said, questioned their work and, as a domino effect, sent other crypto auditing firms to reevaluate the work they have done for their crypto company clients.

A U.S. bankruptcy judge on Wednesday ruled that some customers of crypto lender Celsius Network should receive their deposits back, giving relief to a relatively small group of customers whose deposits were never commingled with other Celsius funds.

Canada's biggest pension fund, CPP Investments, has ended its effort to study investment opportunities in the volatile crypto market, two people familiar with the matter told Reuters.

"The launch of Tether CNH₮ on TRON represents the company's dedication to pioneering stablecoin technology and bringing the largest and most liquid stablecoins to global markets everywhere," Tether said.

Bankman-Fried's recent statements denying his involvement in the operations of Alameda Research do not align with what the trading firm's private equity portfolio shows.

TFL itself was behind the weakening of the decentralized stablecoin's curve pool when it sold more than $450 million in UST in the weeks leading to the controversial implosion, said a crypto researcher.

A code extracted from the recent version of Twitter unveiled a vector image depicting the coin, which is a possible crypto integration.

Stablecoins are among the few crypto assets that have found product market fit despite the overall crypto market condition, data shows.

If the crypto asset crosses above this resistance, investors can expect an eventual breakout from the channel but if not, the price could slump to the support line again.

Unlike its rival Dogecoin, which has made decent gains, thanks to Elon Musk, the Shiba Inu price moved with the overall sentiment of the global crypto market

"I'm nearly bankrupt," says Jad Fawaz, a crypto trader in Abu Dhabi. "I'm laughing because there's no point in exerting more depression and more frustration about it."

UK-based crypto lender Nexo said on Monday it would phase out its U.S. products and services over the coming months due to clashes with regulators.

Bitcoin traded at $17,000 levels on Sunday showing an almost 2% increase as investors hoped for a friendlier interest rate hike decision from the U.S. Central Bank.

With nearly a month following the implosion of the crypto derivatives exchanges FTX, the public is not pleased with the way the issue is being handled by the mainstream media and the U.S. government.

Bankman-Fried could be facing serious legal issues but experts say he can use an interesting defense, and that is, his actions were not criminal and that he was just plain stupid.

The tech billionaire claimed that the $40 million is just a "publicly disclosed number" and that his actual support is "probably over $1 billion."

But while DOGE holders are overjoyed with the meme coin's performance, analysts fear it might be bad news for the entire crypto industry.

The majority of the Terra Classic community, however, were not happy with the court's decision since until now, authorities haven't made any single arrest yet related to the collapse of the TerraUSD and LUNA in May.

Billionaire investor Mark Mobius has been highly vocal on crypto price predictions lately. According to him, the crypto winter is set to deepen.

"I donated to both parties. I donated about the same amount to both parties," Bankman-Fried disclosed in a recent interview.

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.