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Unrealized losses are hitting both long-term and short-term holders this week, with half of the supply underwater in wallets.
A joint effort is aimed at assessing the possible use of wholesale central bank digital currencies in cross-border transactions.
The California DFPI announced it will open up an investigation as to the “apparent failure” of FTX and says it takes this oversight very seriously.
A rumor suggesting that FTX CEO Sam Bankman-Fried has been arrested is circulating on social media.
The two U.S. Senators said the downfall of FTX clearly exemplified “the need for greater federal oversight of the digital asset industry.”
FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide a cash injection despite the CEO reportedly reaching out to multiple...
Nearly all major stablecoins lost their dollar pegs amid the FTX saga, but most have recovered again as markets stabilize.
The JST token in particular is trading for a premium of around 1,200%, while BTT and TRX have inflated at least 500% apiece.
Ark Investments topped up its Coinbase stock shortly after FTX’s liquidity issues were revealed, which came after Coinbase stated that it had “minimal exposure” to the...
“We intend to communicate as frequently as possible […] but anticipate that this will be less frequent than what our clients and other stakeholders are used...
