Golden State Warriors suspended FTX Relationship
The FTX fiasco prompted Golden State Warriors to pause all promotions related to the troubled entity.One of the most successful NBA teams – Golden State Warriors – reportedly paused all…
BlockFi said to be Planning to File Bankruptcy after FTX demise
The cryptocurrency lender has revealed that it has substantial exposure to FTX.FTX bought BlockFi in July, when the crypto lending platform was struggling.The FTX Empire’s demise left many in the…
Crypto Exchange OKX to support with $100M Market Recovery Fund
Binance CEO “CZ” proposed a similar industry recovery fund on Monday. OKX’s goal is to provide assistance to high-quality projects that are struggling.On Tuesday, OKX, a cryptocurrency exchange, announced the…
Federal Reserve Bank of New York activates CBDC Pilot Program
New York Innovation Center (NYIC) will participate in a proof-of-concept project.The pilot project will explore the potential of a regulated liability network (RLN). The dilemma around cryptocurrency is increasing, and…
More than $8 Billion Withdrawn From Exchanges Following FTX Collapse
Billions of dollars worth of Bitcoin, Ether, and stablecoins sitting on exchanges have headed for the exits.Net exchange outflows have soared in the wake of FTX’s bankruptcy, inciting crypto holders…
Centralized Exchanges Are Reason for Crypto Collapse ~ JPMorgan
JP Morgan stated centralized exchanges are the key player in the recent crypto collapse.Regulatory bodies initiated an investigation into the defeat FTX exchange. The financial behemoth JPMorgan shared insight into…
Sam Bankman-Fried: Moving Cryptos to Wallets and Tweets to Trash?
Sam Bankman-Fried’s unusual tweet thread “WHAT HAPPENED” is complete.Prominent tweets are missing from Sam Bankman-Fried’s Twitter feed. The prying eyes of the crypto community and off-chain regulators are 24/7 on…
Trust Wallet Releases Long-awaited Browser Extension Wallet For Desktop
Trust Wallet, the market leader in self-custodial and multi-chain wallets, has released a new browser extension wallet. All EVM chains and Solana are supported, and it works with popular web…
Ethereum Co-founder Vitalik Buterin said to have Sold 3000 ETH
The transaction occurred around the time of the major FTX crypto exchange breach.Vitalik traded roughly 3,000 ETH for around $4 million USDC.Reports surfaced over the weekend that Vitalik Buterin, co-founder…
Binance Benefited From France Users as Visa Cuts off FTX Partnership
Binance bound with Paris for its Visa Card integration.Visa terminates its partnership with the insolvent FTX Exchange.The world’s largest centralized cryptocurrency exchange Binance, experiencing massive use in its debit and…