Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.
Despite denying allegations that most of its assets are on FTX, BlockFi admitted that it has significant exposure to FTX.
Tweets about the FTX scandal descend into a heated debate on the merits of litigation against Ripple for alleged securities fraud.
Glassnode data, as analyzed by CryptoSlate, showed that retailers are taking out their coins from exchanges at the most aggressive rate, with the withdrawals coming mostly from Crypto.com.
The market crisis caused by the FTX fallout put the security of user funds into question and could have pushed retail traders away from centralized exchanges.
The FTX fallout hasn't affected Binance, which is working on establishing a "global industry organization" for the crypto space and act as a "guinea pig" for Vitalik Buterin's proposed Proof-of-Reserves protocol.
The financial regulator argued that it did not have have cause to list FTX on its Investor Alert List.
Their liabilities are evaluated as a part of an audit and are included in the proof-of-reserves.
El Salvador President Nayib Bukele proclaims Bitcoin as the opposite of FTX and likened FTX to a Ponzi scheme in the wake of the exchange's collapse on Nov. 14.
Hbit Limited, a subsidiary of New Huo Technology, has around $18.1 million locked on FTX — $13.2 million of which belongs to customers.
