United-States-based cryptocurrency exchange Kraken has frozen the accounts associated with “FTX Group, Alameda Research, and their executives,” on its exchange after engaging with authorities.  In a Twitter post on Nov. 13, Kraken said the accounts were frozen “to protect their creditors” and added it “maintains full reserves” and other users’ funds aren’t affected, likely seeking to stamp out fears from […]

Payments company Curve is in active discussions to acquire crypto lender BlockFi’s more than 87,000 credit card customers — whose credit cards have been suspended since Nov. 11.  A Curve spokesperson told Cointelegraph that “outreach and negotiations” started on Nov. 12 and are still in the process with Banking as a Service (BaaS) company Deserve, which services the BlockFi card […]

Dogecoin (DOGE) is in a downtrend as the altcoin fluctuates between moving average lines. Since November 9, DOGE has been trapped between the moving averages. Nevertheless, the altcoin will remain trapped as long as the lines are not breached.  Today, DOGE is rising and approaching the 21-day line SMA. If buyers keep the price above the line, DOGE will rise […]

Binance’s CEO CZ issues a warning directed at Crypto Exchanges Crypto.Com and Gate.IO, “Stay Away, Stay SAFU” he says. The warning comes after the recent SBF FTX and Alameda collapse, which has shaken the crypto industry. Crypto.com’s CEO confirms that the exchange of funds, approx $400M was an accident that was later rectified. The price of Crypto.com’s $CRO token has […]

Just days after Binance CEO Changpeng “CZ” Zhao warned about the onset of greater regulatory scrutiny amid the FTX collapse, the Financial Secretary of Hong Kong called for a stronger focus on transparency and proper supervision when dealing with virtual assets. Financial Secretary Paul Chan highlighted the importance of being “steady and cautious” when promoting the development of the virtual […]

Kris Marszalek, the CEO of Crypto.com, recently shared his thoughts on the collapse of Sam Bankman-Fried’s FTX empire. Marszalek’s comments after FTX Co-Founder Sam Bankman-Fried (akam “SBF”) had tweeted about FTX’s liquidity crisis, which had forced him to ask Binance for help: Several hours later, the Crypto.com CEO commented on the unfortunate collapse of FTX and what it means for […]

According to Solana Compass data from the Solana blockchain explorer, the network has just seen over 31.2 million SOL tokens (worth around $438 million at current prices) deactivated by validators who provide security to the blockchain at the end of epoch 370. The unlocked tokens come from approximately 250 accounts and amount to about 5.4% of the total supply of […]

Ripple adherents have continued to fret over a recent U.S. Securities and Exchange Commission(SEC) win in a securities lawsuit filed against blockchain-based file-sharing network LBRY. James Filan, a former federal prosecutor who has been updating the crypto community on the SEC vs Ripple lawsuit, shared the judgment detailing how the US regulator bagged the win. “Breaking: New Hampshire Court finds […]

On Saturday (12 November 2022), it appears that hundreds of millions of dollars in crypto may have been illegitimately been taken from FTX’s wallets, and according to a notice on FTX’s official Telegram channel, the crypto exchange has been hacked. Around 2:47 a.m. UTC, people started noting that “hundreds of millions of dollars” were leaving FTX wallets, but they could […]