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Cardano’s Hoskinson calls for stronger governance as FTX failure proves humans are…
Input Output (IO) CEO Charles Hoskinson argued that cryptocurrency needs strong governance to avoid repeating what happened at the defunct FTX exchange.Delivering…
BoE speculates FTT token fire sale may have sparked FTX collapse, calls for widespread…
Bank of England’s (BoE) Deputy Governor for Financial Stability Jon Cunliffe published a speech on Nov. 21, where he said that the FTX collapse was triggered by…
TRON ousts Solana from top 10 rankings
Over the reporting period, the cryptocurrency market cap saw net outflows of $31.56 billion to $796.6 billion, down 3.8% from $828.16.Bitcoin’s market cap…
99% ETH OFAC compliance to slow block time to 3hrs but not censor
As the Office of Foreign Assets (OFAC) compliance levels continue to increase on the Ethereum blockchain, a researcher for Scroll ZKp attested to the fact that a…
Ren Bridge announces open source community led Ren 2.0 in response to Alameda fallout
The Ren Bridge project announced in its ‘Ren Community’ Medium blog on Nov. 18 the ways in which it plans to move forward with Alameda Research.Following the…
FTX forewarns exchanges to freeze stolen funds to prevent hacker cashing out
FTX announced on Nov. 20 that exchanges should remain alert regarding unauthorized fund transfers from FTX Global and related debtors on Nov. 11.
The transfers sent…
Transfer spoofing evident in FTX Exploiter wallet meme tokens transfers
On Nov. 20, on-chain detective ZachXBT set out a Twitter thread to debunk the three most commonly misunderstood issues surrounding the FTX case.The three areas…
Asia’s Bitcoin supply records new ATH while US, EU reserves shrink
Asia’s Bitcoin (BTC) supply reached its all-time high (ATH) and currently accounts for 7.3% of all Bitcoin supply, while the U.S. and E.U. Bitcoin reserves are in…
Shiba Inu Burn Rate Hits 121%, Price Remains Stable
The fall of the FTX empire undoubtedly caused havoc in the cryptocurrency market. Almost every cryptocurrency in the market was seen losing value. Even Bitcoin…
Could DCG be the catalyst for max pain in the crypto markets?
Following the recent collapse of FTX, the fallout spread to Genesis, which had already been bailed out by parent company Digital Currency Group (DCG) earlier this…