The Bahamian securities regulator clarified it directed FTX to move its digital assets to a wallet owned by the commission on Nov. 12.
Warren Buffett said that “What we learn from history is that people don’t learn from history.” Crypto traders can change that.
The Solana cryptocurrency continues crashing amid the FTX crisis, plummeting 7% on the news of exchanges halting deposits in Solana-based stablecoins.
Despite eight months of due diligence, investment firm Temasek found no major concerns with FTX’s financials and no sign that the crypto exchange would eventually collapse.
TSM confirmed that it remains “strong, profitable and stable” despite its decision to suspend the sponsorship with FTX.
The recovery in BTC and altcoins fizzled out fast, suggesting that investors continue to maintain a risk-off stance to all cryptocurrencies.
Most of FTX's Solana exposure stands vested, meaning the defunct exchange will gradually gain access to millions of SOL up until January 2028.
Circle attributed its miscalculated financial projections to Binance implementing USDC to BUSD auto-conversions and the recent collapse of FTX.
An exodus from centralized cryptocurrency exchanges after FTX's collapse appears to be the primary reason behind Trust Wallet Token's massive rally.
Arbitrum earnings are soaring as daily active users flood the layer-2 platform with the hope of an eventual airdrop.