CRYPTO BUSINESS

A report claimed that "within less than a fortnight, CEX balances of the top six major cryptocurrencies had fallen by approximately 16.8%."

FTX has a total cash balance of $1.24 billion, a court filing by advisers on the stricken crypto exchange's restructuring showed ahead of U.S.

The impressive performance of Dogecoin and the fact that Musk is one of its supporters could be the reason why DOGE holders are not worried despite the prolonged crypto winter.

Despite the prolonged crypto winter, billionaires are not fazed and some are even bullish about Bitcoin.

Are the developers currently testing the much-awaited ShibaSwap 2.0 version?

"While both Binance and FTX are not licensed here, there is a clear difference between the two," the MAS said in a press release published Monday.

Institutional investors rushed to crypto products that bet on price declines, posting record inflows, as the collapse of digital asset exchange FTX rippled across the industry and significantly weighed on market sentiment, according to weekly data from digital asset manager CoinShares released on Monday.

If its not the Bahamian government, who is the FTX hacker?

Malicious actors have their eyes set on FTX investors, banking on their loss and enticing them with the possibility that they could have their funds back.

"Accounting, audit, cash management, cybersecurity, human resources, risk management, data protection and other systems that did not exist... prior to my appointment," the new FTX CEO revealed.

The FSRA in UAE, which regulates Abu Dhabi's financial hub, released a list of guiding principles on its approach to digital asset supervision and regulation in September.

Retail investors say that the latest move related to Solana-based USDC and USDT may be connected to the FTX debacle, which has hit major industry players like BlockFi and Genesis.

The FTX debacle drags crypto winter and causes retail investors to lose trust on centralized custodial platforms.

"There's no one really out there making sure good things happen and bad things don't," Bankman-Fried said.

Kusama did not make any comment on the FTX debacle and instead changed their Twitter bio to "Focused on Shibarium."

This is not the first time that South Korean authorities raided Shin's property.

Sony explained that the system patent would allow gamers to get their hands on unique in-game assets and collectibles.

"While there have been multiple recent failures in crypto, it is important to distinguish between Terra's case...and the failure of centralized custodial platforms," Kwon said.

"Head down working. Update coming soon and I think you will love it," Kusama said.

Huobi has not yet issued any statement about the latest rumor claiming Sun's takeover of the company.

"I think the industry collectively has a role to protect consumers, to protect everybody. So it's not just regulators. Regulators have a role, but it's not 100% their responsibility," CZ said at the B20 earlier this week.

As customers withdrew billions of dollars from crypto exchange FTX one frantic Sunday this month, founder Sam Bankman-Fried worked the phones in a futile bid to raise $7 billion in emergency funds.

As part of exploring other possibilities moving forward, BlockFi had discussions with Binance about financial help, according to a report.

When asked what his tweets mean, SBF said, "I'm making it up as I go" and the tweets are "going to be more than one word."

The cryptocurrency industry is currently experiencing a never-before-seen crisis folowing the spectacular collapse of FTX.

"The NYT drops a softball piece on SBF painting him as an aspirational dude who genuinely got in over his head," a Twitter user wrote.

A reading of FTX's "terms of service" shows that customer funds are not the property of FTX.

Huobi was the latest CEX to share its proof of reserves via the Work Report on Asset Transparency released Sunday.

FTX was previously based in Hong Kong but moved its headquarters to the Bahamas in September 2021.