Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.
Congressman Brad Sherman said his anti-crypto stance was correct all along and urged the SEC to take decisive action.
Zeynep Geylan 2 min read 
Huobi released an asset snapshot of their reserves just prior to moving over 10,000 ETH out of 'snapshot' wallet.
Twitter is fraught with fear that exchanges may be faking proof of reserves amid rampant speculation.
FTX enabled withdrawals for Bahamian clients on Nov. 11 citing compliance with regulators, but the SCB contradicted the exchange's claims.
CZ stated that the FTX implosion has set the industry back a few years considering the size of the exchange to the industry.
Crypto.com CEO Kris Marszalek said the company holds at least $4.4 billion in assets.
Following the news, FTT declined by 22% according to CryptoSlate data.
The crypto community is questioning the relationship between SEC Chair Gary Gensler and the FTX founder, with many labeling it shady.
The crypto community is split of whether using the "Bahamas loophole" to withdraw stuck FTX funds is justified.
