Former President of FTX U.S demands $6 Million to Launch New Firm
Harrison stated on September 27 that he would be stepping down as president of FTX US.This comes a mere month after the very contentious collapse of the FTX exchange.Former FTX…
South Korean Court Dismisses Terra Co-founder’s Arrest Warrant
The Court rejected the prosecutors’ arrest warrant of Terra officials including co-founder Daniel Shin. The court opted to reject the arrest order of people who made illegal profits, as per…
Singapore Court mandate Three Arrows To Submit Vital Documents
Court has demanded affidavits from Three Arrows Capital and its co-founders.The affidavits’ contents may be crucial to liquidators as they try to track down assets.Su Zhu and Kyle Davies, founders…
Binance Burns 6.39 Billion LUNC Tokens in Monthly Burn Cycle
There was a fee associated with the deal that totaled 12.77 million LUNC. In October, Binance burned 13.712 billion LUNC tokens.Binance, the biggest cryptocurrency exchange in the world, has completed…
FTX kind of issue Haunts Yet Another Crypto Trading Firm
Aurus has not yet officially confirmed the issue but M11 Credit assured working on a joint statement. Former FTX CEO Sam Bankman-Fried may have apologized dozen times for the failure…
Larry Fink CEO BlackRock Backs Tokenization of Securities
Fink spoke during an appearance at a New York Times DealBook event. The CEO also discussed the potential of blockchain technology. Tokenization of assets is “the next generation for markets,”…
Coinbase Claims Apple Suspended the Crypto Wallet App
Coinbase stated that users can’t send NFTs from their Apple iOS. As per Coinbase, Apple wants 30% of all NFT gas fees paid through their In-App Purchase service. Coinbase Global…
SBF FTX Founder said he is Unaware of Illicit Use of Customer Funds
Bankruptcy crypto exchange FTX has an $8 billion hole in its balance sheet.FTX’s SBF has one credit card left and $100,000 in the bank account.The notorious founder of the bankruptcy…
Ankr Protocol targeted in a Multi-Million Dollar Hack
Ankr confirms that the platform had been targeted by a multi-million dollar exploit. Reportedly, aBNBc was allegedly minted by the attacker in the amount of 20T.Ankr, the blockchain-based decentralized finance…
Elon Musk Says US Fed’s Interest Rate Needs to be Slashed
The Fed increased its interest rates by 375 basis points this year. Elon Musk calls it the Trend is concerning. The Federal Reserve is hiking interest rates in an attempt…