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.
Here's a list of the Top 5 decentralized exchanges in 2022, which also discusses why they are popular, what each of them offers and a bit of background on them.
A few officials suggested that "slowing the pace of increase could reduce the risk of instability in the financial system."
BITPoint is the first licensed cryptocurrency exchange in Japan to list Shiba Inu.
Now, the tables have turned.
"To be direct, the very real concern here is that you have been pushing a completely false SBF ownership of Twitter narrative while effectively being his paid shill," Musk told Semafor editor-in-chief ben Smith.
Tech giant Apple is also nearing a deal for the exclusive right to the book of Michael Lewis depicting the spectacular collapse of FTX and the illicit practices of SBF.
A recent study revealed that institutional investors are bullish and while others are dumping their crypto assets, these investors are buying cryptocurrencies like kids in candyland.
Earlier this week, Bitcoin entered the $15,000 territory and hit a two-year low price.
The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such 'conglomerate' platforms will be the focus for 2023, the new chair of global securities watchdog IOSCO said in an interview.
Musk hinted at the possibility of Twitter offering "good video with higher compensation for creators...and written content."
"As I said, neither I nor Twitter has taken any investment from SBF/FTX. Your article is a lie. Now, I'm asking again, how much of you does SBF own," Musk told Semafor editor in chief Ben Smith in a tweet.
Venture capital company Digital Currency Group, which owns Genesis Trading and cryptocurrency asset manager Grayscale, owes $575 million to Genesis' crypto lending arm, Chief Executive Barry Silbert said in a letter to shareholders on Tuesday afternoon.
FTX is currently run by John Ray II who, after taking the helm, said, "Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here."
Kusama wanted the Shib Army to decide whether the Shiba Inu project should work with the international non-government organization.
The continuing FUD hovering in the industry pummels top crypto assets like Bitcoin and Ethereum.
"Should Binance decide now to dismantle some of these restrictions, it has to continue to comply with the prohibition against soliciting Singapore users without a license," the Monetary Authority of Singapore said.
Read this and you will be able to answer every question related to Sam Bankman-Fried defrauding millions of people through his operations.
A report claimed that "within less than a fortnight, CEX balances of the top six major cryptocurrencies had fallen by approximately 16.8%."