Author: Tony Pearce
Genesis Creditors Want to Prevent Bankruptcy
Reading Time: < 1 minuteCreditors of OTC platform Genesis Trading are seeking options to keep it from going bankrupt.
Binance Purchases Japanese Crypto Exchange Sakura Exchange BitCoin
Reading Time: < 1 minuteBinance has recently announced the acquisition of Sakura Exchange BitCoin (SEBC).
Aeria Canada Studio is Moving its Most Popular Games to the Web3
Reading Time: < 1 minuteAeria Canada Studio has recently teamed up with Ready Games to bring their most popular games to Web3.
Turkey Authorities to Seize FTX Assets
Reading Time: < 1 minuteThe Turkish authorities are studying the possibility of confiscating suspicious assets associated with FTX.
Centralized Platforms Will Still Dominate the Market Despite the Collapse of FTX
Reading Time: < 1 minuteThe dominance of centralized platforms over their decentralized counterparts will continue despite the collapse of FTX.
El Salvador Launches a National Bitcoin Office
Reading Time: < 1 minuteEl Salvador’s government has recently opened the National Bitcoin Office.
Lemon Cash Fires Part of its Employees
Reading Time: < 1 minuteArgentinian platform Lemon Cash has confirmed it has fired almost 40% of its managers and developers.
Changpeng Zhao Says Binance May Buy FTX Assets
Reading Time: < 1 minuteChangpeng Zhao has admitted the company might acquire FTX assets.
GTA Devs Will Not Integrate NFTs in Mods for the Game
Reading Time: < 1 minuteRockstar Games has said it will not add NFTs and other digital assets on third-party servers for its Grand Theft Auto games.
Sam Bankman-Fried, His Parents and Top Managers Spent $121M in Properties
Reading Time: < 1 minuteThe parents of the former head of FTX and Alameda Research Sam Bankman-Fried, he himself and top managers of organizations became the owners of at least 19 premium properties worth $121 million.
Crypto Exchange Huobi Plans to Change its Brand Name
Reading Time: < 1 minuteHuobi has recently unveiled it plans to change its brad name.
Users File Lawsuit Against Nexo for Blocking $126M in Assets
Reading Time: < 1 minuteNexo has been recently sued by a group of users because of the blocking of the withdrawal of digital assets valued at $126 million.
Crypto Exchange Zipmex Files for Moratorium Extention on Protection From Creditors
Reading Time: < 1 minuteThailand-based cryptocurrency exchange Zipmex has filed a petition with the Singapore court for protection from creditors until April 2, 2023.
Ripple May Purchase Some of FTX’s Assets
Reading Time: < 1 minuteRipple is considering options for acquiring a part of the assets of crypto exchange FTX.
Binance in Talks with Regulators About Company’s Role FTX’s Collapse
Reading Time: < 1 minuteRegulators from all over the world are trying to find out whether crypto exchange Binance played a role in the collapse of crypto derivatives platform FTX.
FTX’s Bahamas Division Files for Bankruptcy in the US
Reading Time: < 1 minuteFTX Digital Markets (FDM), the subsidiary of FTX based in Bahamas, has filed for Chapter 15 bankruptcy in the Southern District of New York.
According to Sam Bankman-Fried, the Situation Could Be Even Worse
Reading Time: < 1 minuteThe former CEO of crypto exchange FTX has admitted that events could have developed in a more dramatic manner.
Binance Intends to Release a Recovery Fund for the Crypto Industry
Reading Time: < 1 minuteBinance plans to launch a fund to reduce the cascading negative impact of the FTX collapse on the industry.
Unknown Users Withdraw More than $400M from FTX
Reading Time: < 1 minuteUnknown users have transferred more than $400 million from FTX accounts to third-party addresses.
Binance Discloses Information About its Crypto Reserves
Reading Time: < 1 minuteA page with a list of the exchange’s cryptocurrency reserves has appeared on the Binance website.
Tether Freezes FTX’s $46M in USDT
Reading Time: < 1 minuteTether Limited has blocked 46,370,701 USDT on the Tron blockchain, owned by FTX, at the request of law enforcement agencies.
Circle’s CEO Compares FTX’s Crisis to Lehman Brothers’ Crash
Reading Time: < 1 minuteThe insolvency of FTX is comparable to the collapse of the Lehman Brothers investment bank, which was the catalyst for the 2008 crisis.
Binance Increases its SAFU Fund to $1B
Reading Time: < 1 minuteBinance has increased its SAFU fund to $1 billion amid market turbulence caused by FTX’s insolvency, according to the platform CEO Changpeng Zhao.
Crypto Lending Platform BlockFi Unveils Savings Accounts for Accredited Investors
Reading Time: < 1 minuteCrypto lending platform BlockFi has resumed providing services related to Yield savings accounts to US residents.
Astar Network and NTT Docomo Work Together to Speed Up Web3 Adoption
Reading Time: < 1 minuteNTT Docomo and Astar Network have announced they have entered into a partnership to accelerate the adoption and social implementation of Web3.
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