Following the news making the round that Tether USDT is connected to the Institutional crypto lender Genesis Global or Gemini Earn program, the stablecoin issuer has dissociated itself from the two firms according to a post.
Author: qaasim
qaasim
Salaam Rasak entered the crypto space while completing his Masters degree and has continued to dig deep into Web3 space since then, writing articles related to Web3 and blockchain. He started working with Blockchain Journal in September 2022.
Following the financial turmoil in the cryptocurrency market as a result of the FTX collapse, crypto institutional lender Genesis Global has suspended withdrawals as a result of increased volatility and market instability, according to a release.
Following a series of revelations leading to the collapse of FTX exchange, the CEO of Coinbase Brian Armstrong has commended the efforts of crypto analysts on Twitter, stressing that their pieces of info uncovered the myth, as per a post.
Following the recent hack of the FTX exchange, the hacker reportedly converted the looted funds into Ethereum worth an estimated $288 million, making him the 35th largest holder of ETH, according to a post.
During the Binance twitter space AMA (Ask Me Any Questions) held on Nov. 14, Binance CEO Changpeng Zhao (CZ) revealed a piece of advice for crypto investors, stressing that investors should only invest in cryptocurrency with spare funds.
Following the collapse of FTX, the world’s leading crypto exchange Binance has disclosed that it would remove trading pairs for FTX native token FTT except with stablecoin BUSD as per a post.
Following the collapse of the centralized FTX exchange, there is now a growing loss of confidence in centralized exchanges leading to a landmark outflow of Bitcoin into self-custody wallets as per a post.
Following the release of the reserves by cryptocurrency exchanges Huobi and Gate.io, both have been slammed for allegedly engaging in manipulation, according to a post.
Following Binance’s rejection of the acquisition of cryptocurrency exchange FTX, stablecoin issuer Tether’s CTO Paolo Ardoino has also stated that the company will not offer any help or bail out FTX/Alameda, according to a tweet.
Amidst FTX.com’s struggle to rescue itself from liquidity crunch, the Securities Commission of the Bahamas (SCB) has frozen the crypto exchange asset in view of the ongoing circumstances, as per a tweet.