FTX-owned crypto exchange Liquid halts all withdrawals
Sam Bankman-Fried’s FTX exchange acquired the Japanese crypto trading platform Liquid Group and its subsidiaries in February 2022. Go to Source Powered by WPeMatico
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FTX bankruptcy filing speculates over 1 million creditors
In the latest bankruptcy filing for the exchange, it was revealed that there may be one million creditors, rather than the 100,000 initially estimated. Go to Source Powered by WPeMatico
FTX hacker still draining exchange wallets? Analyst calls it on-chain spoofing
The FTX hacker managed to steal $477 million out of the $650 million moved on-chain on Nov.11 and currently holds $62 million in total assets. Go to Source Powered by WPeMatico
Trezor reports 300% surge in sales revenue due to FTX contagion
The hardware wallet firm is certain that the latest uptick in demand is a result of investors rescuing their funds in the aftermath of the FTX failure. Go to Source Powered by WPeMatico
Amid FTX collapse, crypto funds see largest inflows in 14 weeks
The Bitcoin price briefly fell below $16,000 last week as Sam Bankman-Fried’s FTX Group filed for bankruptcy. Go to Source Powered by WPeMatico
Former Huobi-linked entity says it has $18.1 million stuck on FTX
Lin Li, the company’s founder, has agreed to lending up to $14 million to New Huo Technology to bailout affected clients. Go to Source Powered by WPeMatico
Arbitrum sees steady growth as airdrop speculation leads to increased earnings
Arbitrum earnings are soaring as daily active users flood the layer-2 platform with the hope of an eventual airdrop. Go to Source Powered by WPeMatico
Is GPU mining profitable after the Ethereum Merge?
The Ethereum merge is the upgrade from proof-of-work to proof-of-stake as a way of validating block transactions on the network. Go to Source Powered by WPeMatico
Crypto.com CEO addresses whereabouts of $1B in stablecoins sent to FTX
CEO Marszalek says the firm has recovered much of the funds and has less than $10M in exposure to FTX. Go to Source Powered by WPeMatico
Bitcoin miner Canaan scales operations despite low earnings, CEO says
Chinese Bitcoin mining firm Canaan posted a 90% over-the-quarter decrease in net income in Q3 2022, but it’s not the end of its business. Go to Source Powered by WPeMatico