CoinTelegraph

The wallets seem to indicate that over $1billion worth of BTC, USDT, ETH, and USDC are held by the exchange.

The recovery in BTC and altcoins fizzled out fast, suggesting that investors continue to maintain a risk-off stance to all cryptocurrencies.

The audit tracked efforts to defend the UST peg May 8-12 and no found wrongdoing. LFG used the data to draw conclusions about frozen funds.

ETH price hovers at a key support level and while it is softening, data shows pro traders are reluctant to go short.

The U.S. lawmaker suggested four financial regulatory heads had done little to address “crypto billionaire bros” using digital assets for the evasion of sanctions and taxes.

The latest casualty of the FTX meltdown raises concerns over institutional investment fund, the Grayscale Bitcoin Trust (GBTC).

“There is no sugarcoating it: the FTX collapse has been a dumpster fire,” said House Financial Services Committee ranking member Patrick McHenry.

Binance’s Investigations and Intelligence team plays a role in helping global law enforcement agencies identify and combat crypto-related crime.

The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust.

UAE’s capital city of Abu Dhabi has granted Binance permission to offer financial services, the latest in a series of regulatory approvals for the exchange in the Middle East.

Crypto exchanges use technology and basic design principles to attract a new wave of users into the crypto ecosystem.

Over 150 projects, including Chainlink, Uniswap and Aave, have signaled their intent to deploy on the layer-2 blockchain.

The infamous Mt. Gox Bitcoin hack cost the same in U.S. dollar terms as FTX emptying its 20,000 BTC balance.

Authorities in both countries are reportedly in conversation about whether to bring the former FTX CEO back to the United States.

The crypto market might see “second-order effects” from counterparties that may have lent or interacted with either FTX or Alameda.

The island of Tuvalu said it plans to build a digital version of itself in order to preserve its history as it faces erasure due to climate change.

FTX volatility only resulted in a brief uptick in miner sales on exchanges, with the trend already returning to normal.

ADGM Courts aims to “massively transform the delivery of judicial services,” said CEO Linda Fitz-Alan while introducing blockchain technology for commercial courts.

The collapse of FTX crypto exchange has nothing to do with the success of Bitcoin because BTC is decentralized, and FTX was not, Tim Draper said.

The superintendent of the New York Department of Financial Services highlighted her state’s stringent standards as the blueprint for federal legislation.

With banks reporting $470 billion in unrealized losses and FDIC foreseeing the continuation of this trend, acting chairman Gruenberg believed banks must cautiously engage in crypto-asset activities.

Most of FTX’s Solana exposure stands vested, meaning the defunct exchange will gradually gain access to millions of SOL up until January 2028.

Brian Armstrong, the CEO of Coinbase has applauded the efforts of crypto analysts and citizen journalists amid the fall of FTX.

Circle attributed its miscalculated financial projections to Binance implementing USDC to BUSD auto-conversions and the recent collapse of FTX.

The exploiter’s Ethereum haul is worth an estimated $288 million at current market prices.

Three members of a Sydney-based investment and advisory firm are assigned to help Australians impacted by the suspension of the local entity of Sam Bankman-Fried’s former crypto empire.

Some challenged whether the multi-billion dollar venture capital firm did enough due diligence on FTX prior to investment.

The stablecoin issuer said Apple Pay support allows traditional businesses to experience the benefits of crypto settlement while allowing crypto businesses to engage with non-crypto-using customers.

Galois Capital, New Huo Technology, and Nestcoin are just some of the crypto firms with funds stuck on FTX as the exchange undertakes bankruptcy filings in the United States.

Lawmakers, regulators and even the institutional media don’t seem to have much interest in faulting SBF for using customer money to trade under the table.