FTX reportedly hacked as officials flag abnormal wallet activity
Wallets tied to FTX and FTX US have seen $659 million in cumulative outflows over the past 24 hours, according to Nansen.
Wallets tied to FTX and FTX US have seen $659 million in cumulative outflows over the past 24 hours, according to Nansen.
Tracing the CoinDesk Market Index (CMI) through key news developments in the swift unraveling of billionaire Sam Bankman-Fried’s crypto empire shows just how quickly the speculation kept shifting.
Image: Tom Williams/CQ-Roll Call, Inc via Getty Images Republicans predicted a “red wave” that would crush any hopes of a Democratic majority this election cycle. But as the dust settles and vote counts wrap up, that prediction has shattered. While Republicans saw success in states like Florida and New York, Democrats fared better in battleground … Read more
Comments
Comments
Comments
Comments
Despite the inordinate amount of resources needed to engineer them, small-cap cryptocurrencies are still susceptible to a 51% attacks.
Lupita Nyong’o as Nakia in Black Panther: Wakanda Forever. | Image: Marvel Studios Black Panther: Wakanda Forever draws to a close with most everyone thinking that they have a solid understanding of the world’s balance of power following the passing of one Black Panther and the rise of a new one. But the movie’s solitary … Read more
FTX’s collapse may turn off some investors from putting money into crypto altogether, but it could be an opportunity for Coinbase to pick up market share.
In the long run, the industry needs to come together and step up its cybersecurity game in a big way rather than seek out such temporary fixes.
Comments
Comments
There might not be much new to worry about when it comes to the FTX aftermath and Bitcoin resilience.
Comments
Comments