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Proof-of-Reserves Concept Gains Traction as Major Crypto Exchanges Provide Wallet Lists and Promise Full Audits
When it was first discovered that FTX might be insolvent, a large slew of crypto exchange executives said that they aimed to provide proof-of-reserve… Read More
Troubled Crypto Exchange FTX Files for Chapter 11 Bankruptcy Protection, CEO Steps Down
The embattled crypto exchange FTX has informed the public that the FTX parent firm West Realm Shires Services, Alameda Research, and approximately 13… Read More
Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens
Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s market fluctuations … Read More
3,500 ‘Sleeping Bitcoins’ From 2011 Worth Over $60 Million Wake up After 11 Years of Slumber
On Nov. 11, amid the confusion concerning troubled crypto companies like FTX and Blockfi, 3,500 ‘sleeping bitcoins’ from a wallet created on Oct. 7, … Read More
Flight Radar Report Shows FTX Co-Founder’s Private Jet Flew to Argentina, SBF Says He’s Still in the Bahamas
According to Flightradar24’s official Twitter account, the most tracked flight at 3:33 a.m. on Nov. 12, 2022, was Sam Bankman-Fried’s (SBF) private j… Read More
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