CRYPTO
BlockFi Suspends Withdrawals Following FTX Crisis
Crypto lender BlockFi announced on Twitter that they have suspended withdrawals and normal business operations due to the lack of clarity around the current status of FTX.
Was the Secret Transfer of $4 Billion to Alameda, FTX's Undoing?
Reports have it that Sam Bankman-Fried funded Alameda Research with FTX customer deposits. Many believes this was the downfall of the firm
Indonesia Plans to Strengthen Security for Crypto Investments
The Financial Service Authority (OJK) of Indonesia will oversee the regulation, supervision and oversight of crypto investments to improve protection for investors, the Southeast Asian country's minister said on Thursday.
HashKey Group Secures Licenses from Regulator to Operate Virtual Asset Trading Platform
Hong Kong-based digital assets company HashKey Group announced it has secured regulatory approval from the Securities and Futures Commission of Hong Kong (SEC) to operate a virtual asset trading platform.
Binance Bails Out From FTX Takeover Deal
Binance on Twitter announced the crypto exchange has ended the acquisition plan because, among other reasons, FTX has mishandled customer funds.
EU Parliament Passes Cybersecurity Legislation for Crypto and Fintech Firms
The European Parliament has passed a bill titled Digital Operational Resilience Act (DORA) addressing the cybersecurity of crypto and fintech companies.
FTX's Fall Might Hurt CEO's Crypto Regulation Lobby
The mid-term election in the US is playing a role in influencing and reshaping the regulatory landscape of the crypto industry amid the turmoil brought about by the collapse of the crypto exchange FTX.
FTX Downfall Leaves Crypto Market in FUD Sentiment
FTX native token FTT has fallen 71.6%, CoinGecko showed, and the firm's net crypto asset holdings have plunged 83% in just the past two days, making SBF's total assets lose an estimated $14.6 billion – nearly 94% of his total wealth.
Crypto Exchange Coinmetro Successfully Raises $7M
Crypto exchange Coinmetro has successfully raised $7 million in funding in a round backed by three angel investors and hundred shareholders.
Bybit Rolls Out Grid Bot for Automated, Seamless Futures Trading
Crypto exchange Bybit has launched a new trading bot for seamless and automated trading to tame price volatility and risk associated with futures trading.