Embattled FTX exchange former boss Sam Bankman-Fried (SBF) on Nov. 30 had an hour-long exclusive interview with New York Times journalist Andrew Sorkin at NYT DealBook summit. Three major remarks made by SBF were summarized below:
Author: qaasim
Following Binance’s age-long expansive policy, the cryptocurrency exchange has made efforts in entering the Japanese market by procuring a 100% stake in Sakura Exchange BitCoin (SEBC).
In continuation of the rigmarole that has been happening in the crypto space for more than two weeks, FTX exchange hacker has allegedly transferred around 225 BTC ($4.5 million) to OKX crypto exchange as per latest analysis.
Following the collapse of FTX exchange coupled with the reverberating effects on the customers, United States lawmaker Ron Wyden has interrogated leading crypto exchanges like Binance, Coinbase, Kucoin, among others over customer protection.
Following the indictment by the United States Treasury Department’s Office of Foreign Assets Control (OFAC), the U.S. based crypto exchange Kraken has agreed to pay a fine of $362,000 over its operation in Iran.
Amid struggles by several Web3 projects to surmount the effects of FTX collapse, crypto lending platform BlockFi has been caught in the quagmire following its filing for chapter 11 bankruptcy on Nov. 28.
Following the ongoing crypto winter occasioned by bear market, Japanese crypto exchange Bitfront has announced that it will be shutting down its platform but still continue its Line blockchain ecosystem.
Regarded as one of the bizarre phenomena in the crypto space, crypto project ElonGoatToken ($EGT) presented the world’s richest man Elon Musk with a bizarre $600,000 monument statue of him in the form of a goat.
After over a week that users have been unable to withdraw funds, the cryptocurrency exchange and Initial Coin Offering (ICO) platform CoinList has finally broken silence, citing technical issues as the reason for the problem and assuring users that assets are safe.
Following a series of steps taken by blockchain firms to assuage the financial challenges facing developers amid bear market, Crypto derivatives exchange Bybit has raised $100 million as support fund for institutional crypto traders.