The examiner revealed that Celsius’ digital assets in its customer’s Custody wallets account officially became underfunded on Jun. 11.
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FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing
Not much is known about who these creditors could be, as names and personal information were redacted from the published document.
FTX funds on the move as thief converts thousands of ETH into Bitcoin
According to Chainalysis, “Reports that the funds stolen from FTX were actually sent to the Securities Commission of The Bahamas are incorrect.”
FTX collapse won't impact everyday use of crypto in Brazil: Transfero CEO
The fall of FTX undoubtedly hurt investor sentiment toward crypto, but it won't change its popularity as a means for cross-border transactions.
Proof-of-reserves: Can reserve audits avoid another FTX-like moment?
Crypto exchanges are actively releasing proof-of-reserves audits in order to build transparency but experts believe it would take more than that to regain investor trust.
Nickel Digital, Metaplex, and others continue to feel the impact of FTX collapse
Some companies have resulted in layoffs to deal with their million-dollar losses.
Banks still show interest in digital assets and DeFi amid market chaos
Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions.
Crypto self-custody a ‘fundamental human right’ but not risk-free: Community
Ethereum co-founder Vitalik Buterin warned that risks of having bugs in smart contracts are still present when opting for self-custody.
FTX meltdown triggers FINRA into probing crypto comms
The examination comes in the wake of the FTX debacle, a crypto exchange found to be mismanaging customers’ funds by simply lying about their operations.
Sam Bankman-Fried rumor mill running amok: Trading course, FBI extradition, FTX hack
A rumor claiming that former FTX CEO Sam Bankman-Fried filmed a master class on trading that was scheduled to be released in December floated on social media.
Metaverse ‘explosion’ will be driven by B2B, not retail consumers: KPMG partner
KPMG's incoming Head of Metaverse Futures Alyse Sue said the objective is to build a multi-million dollar business opportunity for the firm by 2025.
Bahamian securities regulator ordered the transfer of FTX’s digital assets
The Bahamian securities regulator clarified it directed FTX to move its digital assets to a wallet owned by the commission on Nov. 12.
Jump Crypto denies rumors that it intends to wind down due to FTX losses
According to Jump Crypto, the firm is “one of the most well-capitalized and liquid firms in crypto.”
FTX and Alameda likely colluded from the very beginning: Report
Researchers at Nansen concluded that at least 86% of all FTT tokens were initially controlled by Alameda or FTX.
Heroic Story secures $6 million to build Web3 tabletop RPG world
The seed round was led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology.
Ethereum Climate Platform launches to address the network's prior PoW emissions
Ethereum co-founder Joseph Lubin said that while the Merge set a high standard for climate mitigation, the crisis still requires more radical change.
Aussie treasurer promises crypto regulation next year amid FTX debacle
A spokesperson for Australian Treasurer Jim Chalmers said they are closely monitoring the fallout from FTX's collapse.
Esports team TSM suspends $210M sponsorship deal with FTX
TSM confirmed that it remains “strong, profitable and stable” despite its decision to suspend the sponsorship with FTX.