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…
South Korea shutdown Native Tokens of Exchanges.
KoFIU investigates all crypto exchanges for native tokens.South Korea is the worst affected country in the world due to FTX downfall. South Korea blocks $104.4 million from FTX Co-founder Shin…
Man Group an Investment company To Start Crypto Hedge Fund
As per sources the new hedge fund may be ready by the year’s end. Man Group managed $138.4 billion in assets at the end of September. Despite the massive fall…
Coinbase Rating Changed From Buy to Neutral by Bank of America
Since its all-time high of $357.39 on November 9, 2021, the price of COIN has fallen 86%. Analysts did not seem to be soothed by Armstrong’s statements of assurance.As of…
Vitalik Buterin Proposes Implementation of ZK-SNark Feature
Vitalik stressed the importance of ZK-SNARKs in reducing complexity.Ethereum’s co-founder also highlighted the significance of the Validium smart contract.Vitalik Buterin, co-founder of Ethereum, recently sent a letter proposing a proposal…
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…
Investors File Lawsuit Against Shaquille O’Neal and other Celebrities Who Promoted FTX
The investors describe FTX and its linked businesses as a real ponzi scheme.The lawsuit was filed in Florida’s Southern District Court by two major law firms.To recoup their losses, a…
El Salvador to buy One BTC Everyday – Entire Crypto Space Got surprised!
Despite the crypto crash, El Salvador plans to buy one Bitcoin a day. Bukele is eager to purchase BTC, although the FTX empire is crunched. Thus, through this, El Salvador…
Crypto Lending company SALT Halts Withdrawal Post FTX Crisis
SALT said it would honor on-chain deposits in a letter to consumers. The firm suspended withdrawals until further notice. Following the FTX led effect through the cryptocurrency ecosystem, crypto lending…
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…