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Bitcoin Falls Below $17,000 as Binance Insolvency Rumor Spread
The price of Bitcoin (BTC) today dipped below $17,000 as cryptocurrency traders panic sold a huge stash of their holdings. Among other reasons that could be attributed to this recent...
Binance Pledges $2B to Save Crypto Industry After FTX Crash
Binance, the world’s largest cryptocurrency exchange, has committed $2B to help support crypto firms facing financial hardships after the calamitous bankruptcy of its rival exchange FTX. #Binance SAFU insurance...
Court Filings Reveal China was FTX’s 3rd Biggest Client
A bankruptcy filing by the now-collapsed FTX revealed the breakdown of its customer base at the peak of its operations. According to the documents, the Cayman Islands and Virgin Islands...
Is Genesis Next in Line to File for Bankruptcy?
The global crypto market valuation which was once around $1 trillion a couple of weeks ago, has dropped to below $800 billion with many cryptocurrencies correcting drastically. Crypto exchanges are...
Justin Sun in Talks to Buy FTX’s Assets
Justin Sun, the founder of Tron, said his associates were evaluating the potential purchase of assets from Sam Bankman-Fried’s collapsed FTX empire. Justin Sun, on FTX, per WSJ: we are...
Christiano Launches NFT Collection Ahead of FIFA World Cup
CZ tweeted a picture of Christiano Ronaldo and Messi playing chess along with 2 other separate photos of them wearing Binance jerseys, with a cryptic caption, “Not sure what’s happening.”...
India to launch KYC Based Caller System, which could Replace Truecaller
The Telecom Regulatory Authority of India (TRAI) plans to roll out the KYC based caller system in India in the next three months. This would ensure that only real names...
Are we Headed for the Biggest Recession?
What’s the difference between Firing and Laying off? A lot of people right now are using the terms “fired” and “laid off” interchangeably. But there’s a big significant difference between...
FTX: A Scam Bigger than Madoff and Theranos?
Sam Bankman-Fried aka SBF, the co-founder of the once mighty cryptocurrency exchange – FTX, has been one of the most established leaders in the crypto space in recent years. A...
Polygon Based Dex QuickSwap Hacked for $220,000
Polygon based decentralized exchange QuickSwap stopped its lending pool after the hack of $220,000 worth of tokens in a flash loan attack on Monday, Flash loans are provided by DeFi...