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…
South Korea Confiscates Over $100 Million from Terra’s Co-founder
The seizure is intended to prevent the Terra executive from disposing of the assets before his trial this week.South Korean prosecutors have seized more than $100 million worth of assets…
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…
Genesis’ Lending Arm Halted Withdrawals After Failing To Raise $1B
Genesis said the 3AC debt “negatively impacted” the liquidity of its lending arm. The firm said it will have to halt withdrawals from its lending arm on Wednesday.According to a…
‘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…
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…
Uniswap Reportedly Down Due to Some Technical Glitch
It was also noted that the alternative version might be used until the first one is fixed. It was emphasized by users that the front end was the primary source…
Crypto Lender Vauld Eyeing Merger Post $10M Exposure to FTX
Vauld relied heavily on FTX to process transactions for its users.It said that if the transaction falls through, they would investigate alternative options.According to recent reports, Vauld, a major crypto…
Binance Reportedly To Resubmit Bid to Acquire Voyager Digital
The court granted preliminary clearance for the sale of Voyager Digital’s assets to FTX. Although the deal could not be completed due to the fall of FTX. Binance U.S is…
Bahamas Authorities ordered Sam Bankman-Fried to Hack FTX
On November 11, FTX filed for bankruptcy and Bankman-Fried resigned as CEO. The co-founders and top executives of FTX, had borrowed $1.6 billion from Alameda.According to court documents filed on…