Switzerland-based Bank of International Settlements (BIS) in a study revealed that one-third of retail investors lost money in bitcoin, media reports said. The findings are part of the BIS working paper…
Sam Bankman-Fried, Co-Founder and former CEO of FTX has claimed in a tweet that his “one goal” is “to do right by customers.”
In the tweet, SBF expressed confidence that FTX…
Lawmakers in the UK are probing the role of Binance in the collapse of FTX. They are also collecting details of internal discussions and documents relating to its aborted plan…
Global payments processor Visa has scrapped its agreement with the bankrupt FTX crypto exchange. Reports quoting a Visa spokesperson said it terminated agreements with FTX.
“The situation with FTX is unfortunate and…
Crypto exchange Binance’s native trust wallet token (TWT) had a bullish run last week amidst market turmoil from the FTX fallout. The TWT bull run has raised questions whether it…
Bankrupt crypto derivative exchange FTX has said it owes money to more than one million creditors, marking a change from the previous position, according to a latest court filing on…
In the wake of FTX's collapse, investors are looking for dependable assets and many are turning to gold-backed crypto tokens, which seem to be making news by outperforming other tokens…
Binance CEO Chanpeng Zhao on Monday said that his exchange will constitute an industry recovery fund to prevent the cascading effect of FTX and hurt the crypto industry further.
“To reduce…
Ethereum on Monday crashed to $1,186. 36 but the dip turned out to be temporary as it again achieved $1,260.61, up by 2.82%, later the same day.
Analysts note if the…
Crypto exchange Kraken froze a good number of accounts belonging to the bankrupt FTX Group, Alameda Research, and many of their executives. Kraken is cooperating with law enforcement agencies after…
