The crypto industry has already seen more than 1,600 layoffs across the industry in the first two weeks of January. Despite a wave of heavy crypto layoffs to start the…
Continue ReadingOn Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking…
Continue ReadingThe fast-paced nature of the crypto markets means investors are under massive pressure to quickly verify whether a video message is authentic or not. Crypto investors have been urged to…
Continue ReadingThe deal has received initial approval from the bankruptcy judge but will require the approval of creditors and final court approval. Bankrupt crypto lender Voyager Digital received initial court approval…
Continue ReadingAnonymous group published API keys of Binance and KuCoin The group claims that these API keys were sold to the highest bidder 3Commas, the largest crypto trading software, is back…
Continue ReadingCZ sends multiple emails to BNB users however FUD remains the same Activity and weighted sentiment for BNB decline but traders remain positive Given the ongoing uncertainty in the crypto…
Continue ReadingShark Tank star Kevin O’Leary, aka Mr. Wonderful, has defended his support of the collapsed crypto exchange FTX and its former CEO Sam Bankman-Fried (SBF). “This is America. The justice…
Continue ReadingBinance’s bitcoin balance sees its largest one-day outflow ever and the price legitimacy for the exchange-native BNB token is called into question. The below is an excerpt from a recent…
Continue ReadingBusinesses and governments are still scratching their heads over the sudden collapse of FTX, Sam Bankman-Fried’s crypto empire. The crypto community and regulators are wondering what led to the abrupt…
Continue ReadingBinance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry…
Continue ReadingBinance experienced a historic day and stress test yesterday after several rumors and FUD surfaced. As Bitcoinist reported yesterday, most of it was indeed FUD while the Proof of Reserves…
Continue ReadingFollowing the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S.…
Continue ReadingThe crypto world is still reeling from the financial collapse of the Sam Bankman-Fried empire, FTX. With major exchanges taking proactive measures to prevent an imminent implosion, no one is…
Continue ReadingAfter the collapse of FTX, Binance is at the center of all the controversies surrounding the introduction of a Proof of Reserves. After FTX’s bankruptcy, almost all major crypto exchanges…
Continue ReadingAccording to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablecoins.” Purportedly,…
Continue ReadingThe CEO of crypto exchange Binance, Changpeng Zhao (CZ), has countered several “wrong narratives” about the collapsed crypto exchange FTX and its co-founder Sam Bankman-Fried (SBF). The Binance boss calls…
Continue ReadingDecentralized Web3 infrastructure provider Ankr has become the latest victim of a hacking attack targeting the defi space. The perpetrators who hit the platform were able to mint and steal…
Continue ReadingBinance announced on Friday that it is establishing a new proof of reserves (PoR) website to indicate that it holds client assets in full as a digital currency keeper. Binance has…
Continue ReadingBinance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. “It’s better to regulate the industry instead of trying to…
Continue ReadingOn Nov. 25, the largest cryptocurrency exchange in terms of daily trade volume, Binance, published its bitcoin proof-of-reserves (POR) system using The Merkle approach. At the time of writing, the…
Continue ReadingBinance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and…
Continue ReadingThe Russo’s are reported to have said that FTX “is one of the most brazen frauds ever committed” in their reasoning for wanting to create the show. An eight-episode limited…
Continue ReadingBinance CEO Changpeng Zhao (CZ) says India is currently not a viable business environment for his cryptocurrency exchange, citing a strict tax regime. The executive explained: “Binance goes to countries…
Continue ReadingIn the space of one week, FTX had gone from being the second-largest crypto exchange by trading volume to being bankrupt. This swift move from being ‘okay’ to being in…
Continue ReadingThe crypto investor and Bitcoin bull said that in crypto, market forces tend to eliminate bad people as quickly as bad businesses. Prolific podcaster and cryptocurrency investor Anthony Pompliano has…
Continue ReadingDuring a conversation with Binance CEO Changpeng Zhao (CZ) and the Milken Institute, the exchange executive called the former FTX CEO Sam Bankman-Fried (SBF) a “psychopath” for one of the…
Continue ReadingAmid the latest bankruptcy case filed by FTX Trading Ltd., U.S. regulators want to crack down on crypto exchanges, and a class action lawsuit has been issued against former FTX…
Continue ReadingBinance’s CEO reflects on prior dealings and relationship with SBF after the collapse of his FTX empire. Binance CEO Changpeng ‘CZ’ Zhao knew Sam Bankman-Fried was in a desperate situation…
Continue ReadingAfter showing interest in buying liquidity troubled FTX but later retracted his offer within 24 hours, Binance big boss Changpeng ‘CZ’ Zhao is said to be interested on acquiring Genesis’…
Continue ReadingAll eyes are on Binance after the dramatic saga of events that started the FTX unravelling over the past week. Binance CEO Changpeng Zhao, commonly known as CZ, took to…
Continue ReadingBinance CEO, CZ, suggests self-custody for investors protection; recommends Trust Wallet Trust Wallet Token makes 50% profit for holders with potential to abide in the bullish region for an extended…
Continue ReadingCryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng Zhao (CZ). “As an industry, we need to increase transparency,”…
Continue ReadingBinance CEO Changpeng Zhao has compared the FTX collapse to the 2008 financial crisis. Warning of “cascading effects,” he stressed: “A lot of consumer confidence is shaken, and I think…
Continue ReadingDuring the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival…
Continue ReadingFollowing the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets…
Continue ReadingBinance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told…
Continue ReadingBTC and altcoins continue to sell-off, hitting new yearly lows as the collapse of FTX begins to drastically impact investors across the entire crypto market. Crypto markets crumbled for a…
Continue ReadingBinance’s decision to purchase the FTX crypto exchange eventually put an end to the uncertainty that shrouded it for the last two days. Although the move shocked the space, it…
Continue ReadingThe crypto market became red with massive losses on Tuesday. Some analysts speculated that the selling pressure on Bitcoin and Ethereum from FTX’s attempt to raise liquidity against impending insolvency…
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