Ripple CEO wants to Buy Assets From Bankrupt FTX
Former FTX CEO phoned Brad two days before the firm filed for bankruptcy. About 130 FTX-related entities, including FTX.US, filed for bankruptcy in Delaware. According to reports, Ripple CEO Brad…
Ethereum crash Below $1200 as FTX Drainer Swaps 5000 ETH For Bitcoin
The FTX account drainer swapped around $6M worth of ETH for wrapped Bitcoin.Ethereum’s price is trading below $1,200 on Sunday, charting a decrease of around 3.5% in the past 24…
Crypto Scammers Hiring KYC Actors to Build Trust and Defraud Investors
The report uncovered fake crypto KYC actors who earn between $8 and $500 per gig, depending on the requirements.A new report from blockchain security firm CertiK revealed that a large…
Twitter Conflict Lead Paul Weiss to Fire Former FTX CEO Bankman-Fried
Paul Weiss’s counsel Martin Flumenbaum no longer defending Sam Bankman-Fried. David Mills will now serve as Sam Bankman-Fried’s representative. Sam Bankman-Fried, the former CEO of the bankrupt cryptocurrency exchange FTX…
$104 Million Worth Assets of Terra Co-Founder seized by South Korea Authorities
Prosecutors claim that the co-founder made “unfair” gains of roughly 140B Korean won. Shin co-founder Chai corp., a local payments tech business. On Thursday, local prosecutors in Seoul allegedly had…
FTX begins Strategic Review and Seeks the Court for Approval to Pay Important Vendors
FTX said on Saturday that it has started a strategic evaluation of its worldwide assets. Debtors of FTX are in discussions with financial services company Perella Weinberg Partners. The defunct…
Tether to Transfer $1B USDT From Solana to Ethereum Network
From its all-time high of $256, it has dropped 95 percent to its current price of $12.96. Solana has taken a significant hit post the FTX fall. To move USDT…
‘Metaplex’ Solana NFT Protocol Maker Lays Off Employees
The firm got off to a great start having raised $46 million from investors.The business even released its native governance token, MPLX, in September.A wave of layoffs at Metaplex, a…
Tether Ensures No Risk From USDT on Solana Tanks Further
Leading crypto companies such as Tether are scrambling to reassure users that their products and services are free of FTX and Alameda contagion. The world’s largest stablecoin issuer, Tether, has…
Crypto Exchange Gemini Back Online After Hit by Outage
Gemini guaranteed its customers that their money is secure. Gemini advised clients earlier today that there may be delays for withdrawals on its Earn product.Gemini, a cryptocurrency exchange, said on…