Three members of a Sydney-based investment and advisory firm are assigned to help Australians impacted by the suspension of the local entity of Sam Bankman-Fried’s former crypto empire.
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News of BlockFi’s potential bankruptcy filing comes only a day after the platform denied allegations that the majority of its assets were held on FTX.
Once the acquisition is completed, the company said that Beeple will be hired as an advisor for Yuga Labs.
The new router features a number of updates, including an improved smart contract error processing system.
The FTX hacker managed to steal $477 million out of the $650 million moved on-chain on Nov.11 and currently holds $62 million in total assets.
Blockchain analytics firm Nansen has released an overview of major cryptocurrency exchanges’ onchain asset holdings and portfolios in the wake of FTX’s collapse.
While the full impact of FTX’s collapse is still unfolding, some have already warned of an increase in layoffs to come “in the months to follow.”
A one-of-a-kind NFT of the Birkenstocks sandals worn by Apple co-founder Steve Jobs at various times during his life has sold for over $200,000.
Binance CEO Changpeng Zhao (CZ) said people should invest in crypto if they're using "cash that you don't need for a long time" as the market sees high volatility amid FTX's fallout.
Crypto donations expose charities to a "new demographic of funders" that they can’t afford to miss out on.
The Binance CEO was responding to a questioner who accused the company of profiting from FTX’s downfall while normal users suffered.
Although it admitted to “significant exposure,” the crypto lender assured clients that it has “the necessary liquidity to explore all options.”
Following the announcement, a representative confirmed that the venture capital firm Bitkraft would also be joining as a partner and member of the jury.
Lin Li, the company's founder, has agreed to lending up to $14 million to New Huo Technology to bailout affected clients.
It’s Downtober for crypto as venture capital drops 48.6%, security token volume is down 24.8%, and Core Scientific and Argo Blockchain face financial difficulties.
The Ethereum merge is the upgrade from proof-of-work to proof-of-stake as a way of validating block transactions on the network.
CEO Marszalek says the firm has recovered much of the funds and has less than $10M in exposure to FTX.