Crypto.com CEO Shares Company’s Crypto Reserve Addresses in the Wake of FTX Bankruptcy

Crypto.com CEO Shares Company's Crypto Reserve Addresses in the Wake of FTX BankruptcyOn Nov. 11, 2022, the CEO of Crypto.com Kris Marszalek shared the company’s proof-of-reserves addresses that hold leading crypto assets like bitcoin and ethereum. Marszalek says a “proof-of-reserves audit preparation is underway” and the wallet addresses shared are the company’s cold wallets. Crypto.com CEO Kris Marszalek Shares Company’s Cold Wallet Addresses, Promises Full Audit Soon […]

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Troubled Crypto Exchange FTX Files for Chapter 11 Bankruptcy Protection, CEO Steps Down

Troubled Crypto Exchange FTX Files for Chapter 11 Bankruptcy Protection, CEO Steps DownThe embattled crypto exchange FTX has informed the public that the FTX parent firm West Realm Shires Services, Alameda Research, and approximately 130 additional affiliated companies have filed for Chapter 11 bankruptcy protection in Delaware. FTX’s Parent Company, Alameda Research, and 130 Associated Firms Voluntarily Commence Bankruptcy Proceedings After days of confusion and speculation, the […]

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From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX

A $32 billion Valuation to Financial Troubles — An In-Depth Look at the Rise and Fall of FTXDuring the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion in value as FTX’s troubles shook investors. The following is an in-depth look […]

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