3500 Bitcoin that was Dormant For 11 Years Transferred suddenly
This is the first significant awakening of long-dormant bitcoins in months. The first 500 of the 3,500 bitcoins were sent to the address “1roet.” After being dormant for almost 11…
Serum Is trying to correct issues caused by Damage Control Strategy
Serum built over the Solana network has undergone forking for development.Tough times in the crypto market have pulled in various builders to stabilize the DeFi.FTX’s hack on November 12th has…
Binance CEO says No More Deposits of FTX’s FTT Tokens on Binance
Binance suspends the deposits of FTX’s native FTT token. The suspension is due to unauthorized transactions of crypto assets. FTX has filed a bankruptcy protection for its liquidity crunch. Due…
Huobi & Gate.io Cheats With Forged Assets Screenshots
FTX events have depleted trust among crypto investors.To gain trust among investors, exchanges showcase screenshots of their assets.Crypto.com, Huobi, and Gate.io all showcase forged screenshots, and get caught red-handed.The recent…
$140 Million Financial Injection Received by Genesis Trading
The financial injection, Genesis said, would allow the firm to better serve its customers.In July, Genesis Trading had exposure to Three Arrows Capital.On November 10th, Genesis Trading said that its…
SEC Chairman Gensler talking about Crypto Regulation after FTX demise
A U.S. congressman is looking into whether Gensler helped the FTX CEO . According to Gensler, Platforms for crypto trading and lending should “come in, talk to us, and become…
Lionel Messi now an Investor and a Brand Ambassador of Sorare
Sorare said that Messi had acquired an undisclosed equity investment in the firm.The firm already attracted the attention of another Spanish soccer star, Gerard Pique.One of the world’s best soccer…
New CEO of FTX now John Ray III as he takes over
John J. Ray III is registered for insider trading, according to a report from SEC.The once-dominant crypto exchange has fallen apart in the span of a week.Due to a severe…
Crypto. com Audit shows 20% Of Assets is in SHIB
Nansen’s analysis shows that Crypto.com has assets worth nearly $3 billion. FTX collapse compels every company to prioritize transparency. A pioneer was Crypto.com. As crypto.com transitions to Proof Of Reserve,…
FTX Crypto Exchange Binance Competitor Files For Bankruptcy after distress.
The exchange went from a $32 billion value to insolvency in a matter of days. FTT has dropped by over 27% in the previous hour following the announcement.FTX has formally…