Manhattan District Attorney (DA)’s Office has frozen more than $1.3 million in cryptocurrency “during fraud investigations conducted over the past ten months.” The authority said: “We are returning that money to the victims of these […]
Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng Zhao (CZ). “As an industry, we need to increase transparency,” the executive stressed. “We need […]
Every so often, a project will come along that captures the attention of some of the biggest whales in the cryptocurrency space. The latest project to do so is Orbeon Protocol (ORBN), which has seen […]
Binance CEO Changpeng Zhao announced that his company would be launching a recovery fund to stabilize the cryptocurrency industry. The main purpose for the fund would be “to reduce further cascading negative effects of FTX,” […]
The Bitcoin (BTC) price action has kept traders and investors on the edge of their seats as macro factors keep pulling prices down. The Federal Reserve continued its aggressive monetary policymaking, which, coupled with additional […]
The prominent bitcoin bull – Michael Saylor – opined that the FTX crisis will have certain benefits on bitcoin. In his view, the turbulence will eliminate thousands of useless digital assets while the primary cryptocurrency […]
The fall of FTX highlighted the importance of proof of reserves in averting risks and improving investor confidence, urging leading crypto exchanges to publicly list down their cold and hot wallet addresses. When trying to […]
Users losing funds due to malicious activity is hardly unknown on Ethereum. In fact, it is the very reason researchers recently developed a proposal to introduce a type of token that is reversible in the […]
According to Solana’s founder, Anatoly Yakovenko, Serum developers are forking the platform because the “upgrade key to the current one is compromised.” Serum, created by FTX’s Sam Bankman-Fried (SBF), was touted as “completely permissionless,” but […]
With regulators displaying greater interest in cryptocurrency, SushiSwap and other DAOs are gearing up to improve their legal structures to avoid unnecessary penalties or lawsuits. On October 26, Sushiswap, a decentralized exchange (DEX) with yield […]
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