Crypto lender Hodlnaut reportedly faces police investigation in Singapore
Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million.
Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million.
Local lawmakers are working on amendments to the existing legislation “On digital financial assets” in consultation with market stakeholders.
The Securities Commission of The Bahamas said the continued hacking attempts on FTX prove it made the right call to “secure” FTX’s digital assets.
The crypto was dormant in the account for over seven years and with the move, a majority found its way to personal wallets.
The Russo’s are reported to have said that FTX “is one of the most brazen frauds ever committed” in their reasoning for wanting to create the show.
CrossTower’s president said they would place extra emphasis on highly transparent and compliance-focused companies in light of the FTX collapse.
Fraudsters have reportedly been leaving fake crypto paper wallets in public places as part of a scam to dupe Australians out of their crypto.
According to Chainalysis, the downfall of FTX is likely to have a relatively smaller effect on the crypto ecosystem than the demise of Mt. Gox.
Block Earner CEO Charlie Karaboga said it was a “disappointing outcome” given it had spent “considerable resources” to adhere to existing guidelines.
The former FTX CEO said he will be speaking at a conference by The New York Times, the same outfit that wrote the recent “puff piece” on Bankman-Fried.
Blockchain is undermining Big Tech companies and cloud providers, particularly when it comes to the Internet of Things.
Block.one, the original developer of the EOSIO blockchain platform, has bought into Silvergate, which bought Meta’s Diem stablecoin project, have joined up.
To complement the launch of its grant program, Casper said it will provide education to support developers and innovators on its network.
The page includes a “view OKX reserves” option that provides reserve ratios for BTC, ETH, and USDT at a glance.
The exploit failed due to a miscalculation of Aave’s liquidity levels.
Despite the effects of the FTX debacle, many industry players remain positive and hopeful that NFTs will recover.
BTC bulls were liquidated during the drop to $15,500 on Nov. 21, and more downside could occur if bears profit $245 million during Friday’s expiry.
“The fall of FTX was not simply a result of sloppy business and management practices, but rather appears to have been caused by intentional and fraudulent tactics,” said the letter.
Rising from the ashes of old crypto exchanges, a new paradigm arises.
The former CEO described his role in the exchange’s downfall as a failure in oversight, saying he should have been “more skeptical of large margin positions.”
VC funding continues to decline, but Uniswap bucks the trend by drumming up $165 million in a Series B round.
Bo Shen previously suffered another devastating hack to his personal wallet in 2016.
Bitcoin sentiment is the worst one analyst has ever seen as BTC price action holds its own into Thanksgiving.
Crypto fans can immortalize cryptocurrency history via Cointelegraph’s digital collectibles, with the full launch coming on Dec. 1.
The market cap of Tether dropped amid the FTX fiasco while USD Coin supply increased by $2 billion.
The prolonged market volatility has not stopped investors from backing a new protocol that merges DeFi and the foreign exchange market.
The Japanese central bank plans to make a decision on whether to issue a digital currency by 2026.
On-chain analytics show that ETH and stablecoins have been flowing out of centralized exchanges in the aftermath of FTX’s collapse.
A new bill confirms the government’s plan to raise $1 billion and invest them into the construction of a “Bitcoin city.”
BTC price losses are not yet bad enough to rival previous Bitcoin bear market troughs, data suggests.