The exchange has gone silent since pausing withdrawals and liquidating all futures positions, with users fearing a repeat of the FTX collapse.
Dylan Butts is part of the Forkast.News editorial team.
Employee accounts of life at Sam Bankman-Fried’s flagship cryptocurrency trading arm Alameda Research paint a picture of overworked and inexperienced millennials running a ship headed for the rocks: one seemingly escaped.
The organized crime gangs victimize both the trafficked and those that get scammed, according to the official
The Genesis brokerage arm of the Digital Currency Group is one of the latest cryptocurrency platforms to lock down withdrawals following the bankruptcy of crypto exchange FTX, and the freeze is spreading.
Can decentralized platform Mastodon, named after an extinct elephant, replace the little blue bird that has dominated the world’s social media landscape for over a decade?
The failure of cryptocurrency exchange FTX has been compared to the Lehman Brothers collapse in 2008, but it may have more similarity to the bankruptcy of energy trading giant Enron Corp. – an event FTX’s new chief executive officer knows all too well.
Crypto exchanges and lending platforms are starting to use the dreaded F word for Freeze amid worries about the possible collapse of FTX.com, part of one of the world’s biggest cryptocurrency trading networks.
Binance may have nixed the deal to bailout rival exchange FTX.com, but it could still gain a big chunk of FTX’s business as investors flee the platform.
Commonly known as “CZ,” the Chinese-Canadian founder of Binance appears to have stolen Sam Bankman-Fried’s shine, coming out of the FTX acquisition with the most to gain.
Binance steps in with deal to buy FTX.com, but with so many moving parts to consider how messy could this pending acquisition get?
The network says the apparent attack was just a preemptive safeguard against an issue with a cross-chain bridge.
As governments look towards zero carbon emission goals, new means of creating climate-related financial products are being tested on the blockchain.
It is the one-year anniversary of Facebook’s rebrand as Meta, a major step in the company’s foray into virtual reality and Web3. However, in actual reality, not everything has gone to plan for the platform’s new parent company.
Pixelated pictures and cartoonish drawings have typically dominated the world of Non-Fungible Tokens (NFTs), but some exhibits at Hong Kong’s Xperience art fair show new means of applying the technology.
A Twitter user highlighted a vulnerability in BitBTC’s Optimism bridge and averted what could have been the latest in a string of bridge exploits this month.
Hong Kong seems set to put out a new welcome mat for the blockchain and crypto industries, but will it work after concern about regulatory restrictions convinced many cryptocurrency operators to leave?
Decentralized finance sites are the preferred choice of hackers as crypto heists look to be on course to hit a record high this year.
‘Risky or illicit’ transactions represent the highest rate of any region measured by the blockchain analytics firm.
Tornado Cash, the Ethereum coin mixer slapped with sanctions by the U.S. Treasury back in August, has returned to the software hosting website GitHub amid a flurry of lawsuits against the Treasury for its action.
Non-fungible tokens (NFTs) can be used to preserve and spread fine art and cultural heritage, tapping into new generations of audiences and patrons, said stakeholders.
Gold bars, cash, jewelry, cars and luxury watches bought with defrauded funds are seized.
Middle East & North Africa lead crypto adoption driven by inflation, remittance payments: Chainalysis
Emerging markets dominated the 2022 Global Crypto Adoption Index, with Latin America second in transaction volume growth.
Original artworks are being set on fire and destroyed to be digitally reborn on the blockchain as non-fungible tokens. But, how far is too far in this recent incendiary trend?
Sam Bankman-Fried, the American crypto entrepreneur, billionaire and investor, considered joining Musk’s bid to buy social media giant Twitter, leaked private messages reveal.
Vitalik Buterin identified Ethereum’s next big challenges as scalability and layer 2 implementations at the Converge22 conference.
What if you could hit the undo button on an Ethereum blockchain transaction after discovering you’ve been scammed?
The Commodity Futures Trading Commission faces criticism from cryptocurrency industry as opposition grows over “unprecedented” charges against the Ooki DAO.
A bill that proposed a regulatory and licensing framework for crypto companies was rejected by Gov. Gavin Newsom amid a broader national debate concerning the policing of digital assets.
The World Economic Forum is launching a new Crypto Sustainability Coalition, consisting of 30 partners within the intersection of sustainable development and web3, crypto, and blockchain technologies, the international non-government organization (NGO) announced in a Webinar on Wednesday in New York, U.S.
Self-described crypto influencer charged with violating SEC regulations by trading and promoting an initial coin offering under undisclosed financial terms.