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Kwon said the audit proves that Terra's failure is different from recent crypto failures where operators misused customers' funds.
Oluwapelumi Adejumo 2 min read 
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Oluwapelumi Adejumo 3 min read 
According to "rough balance sheet" calculations, FTX users whose funds are stuck on the exchange are more likely to have less than 40% returned.
Samuel Wan 3 min read 
DeFi protocol Oxygen said it is shocked by the events at FTX and claimed to only have access to publicly available information about the...
Oluwapelumi Adejumo 2 min read 
Due to Bitcoin's price volatility issues, stablecoins have seen tremendous growth over the past few years and now account for more than $130 billion...
Kyle Torpey 10 min read 
The collapse of FTX put the market once again into a state of extreme fear, with BTC falling down to its lowest level of...
Footprint Analytics 7 min read 
U.K. Treasury committee to probe Binance's role in FTX collapse, Three Arrows Capital moves over $20 million in the last six days, and much...
Christian Nwobodo 6 min read 
The hacker exchanged around 3.9 million BSC-USD for 5,564.83 Ethereum via the Celer Network and cBridge and Stargate Finance.
Soumen Datta 2 min read 
CEO of Elixxir and cryptography pioneer, David Chaum, expressed that the ongoing issues in centralized finance might hopefully be able to "stimulate the adoption...
Josh O'Sullivan 2 min read 
Sam Bankman-Fried maintains that FTX US had enough money to repay all customers as of Nov. 7.
Soumen Datta 2 min read 
On-chain data shows the perfect storm brewing as stablecoin exchange supply swells in preparation to pounce on Bitcoin.
Samuel Wan 3 min read 
On-chain sleuths ZachXBT and Austin @1A1zP1 investigated Gate.io's coverup of a hack that occurred in 2018 and called out Gate.io's CEO for self-promoting as...
Cynthia Chung 2 min read 
Funds have begun to move again within the 3AC wallet which has led to speculation that the collapsed fund may be attempting a resurrection.
Josh O'Sullivan 1 min read 
UK lawmakers questioned why Binance revealed it was selling $500 million worth of FTT tokens and has asked the exchange to submit internal documents.
Oluwapelumi Adejumo 2 min read 
While the total value locked in Solana DeFi has been falling throughout the year, it accelerated since the collapse of FTX.
Monika Ghosh 2 min read 
FTX stated that it could potentially have more than one million creditors.
Oluwapelumi Adejumo 2 min read 
Former FTX CEO SBF has taken to Twitter to break his cryptic message trend and prepare to speak about the current state of affairs.
Liam 'Akiba' Wright 2 min read 
