FDIC tells CEX.IO to redact insurance promises
CEX.IO has incorrectly stated that user deposits have $250,000 of coverage.
Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.
Following FTX's bankruptcy, SBF's $400 million investment in Modulo Capital was converted into cash and kept in an interest-bearing account at JPMorgan.
Staking directly on a protocol and staking with Kraken are different things — the latter introducing further risk, according to Hoskinson.
FTX's committee of unsecured creditors has subpoenaed FTX insiders including Sam Bankman-Fried, Zixiao Wang, Caroline Ellison, and more.
Binance has hired a compliance executive who formerly worked for its competitor Gemini, according to a Feb. 14 WSJ report.
Prosecutors allege the use of a VPN is no different than use of encrypted messaging apps like Signal, which SBF is forbidden to use while on bail
Binance USD (BUSD) issuer Paxos burnt $342 million worth of the stablecoin during the previous 24 hours, according to Etherscan data.