Genesis jitters keep investors on edge as contagion risks grow
Top blockchain and crypto news: Fear stalks crypto as Genesis wobbles. FTX cleanup begins. China’s NFT scene shrinks.
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At FTX’s first bankruptcy hearing, lawyer calls out ‘substantial amount’ of missing, stolen assets
In the first day of FTX’s bankruptcy hearing, FTX counsel says the organization was run as ‘personal fiefdom’ of Sam Bankman-Fried.
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India’s CoinSwitch launches platform to enable multi-exchange trading with single login
Indian crypto exchange CoinSwitch has launched CoinSwitch Pro, a multi-exchange trading platform that lets users trade crypto assets in Indian Rupees across multiple exchanges with a single login.
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Markets: Bitcoin, Ether prices rise as top 10 cryptos strengthen
Bitcoin and Ether strengthened in Asia trade on Wednesday afternoon, reversing some of their losses on Monday and Tuesday. Top 10 cryptocurrencies by market capitalization, except stablecoins, also increased.
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S.Korea’s top regulator says digital assets, virtual assets are different
While the crypto industry grapples with the definition of blockchain-based digital tokens, South Korea wants to nail down the terminology.
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CoinMarketCap launches proof-of-reserve tracker for crypto exchanges
CoinMarketCap has introduced a proof-of-reserve tracker for centralized crypto exchanges in a bid to improve transparency.
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Coinbase CEO reaffirms exchange’s BTC holdings after CZ’s tweet
Coinbase CEO Brian Armstrong is reassuring users about the financial health of the Nasdaq-listed crypto exchange, following a tweet — since deleted — from CZ of Binance.
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Crypto mining firm Foundry to buy mining sites from embattled Compute North
Crypto mining firm Foundry Digital LLC plans to acquire two turnkey crypto mining facilities in the U.S. from troubled Compute North.