Genesis Trading reveals $175M of funds are locked in FTX
Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after the 3AC bankruptcy. In what it…
Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after the 3AC bankruptcy. In what it…
The Bahamas Securities Commission said FTX's assets could not be moved without the approval of a Supreme Court-appointed liquidator. The Bahamas Securities Commission (BSC) — the country's securities regulator —…
The company claimed its PoR product can restore trust in crypto exchanges through greater transparency, but not everyone is convinced. Chainlink Labs offered its Proof of Reserve product as a…
Exciting times lead to exciting posts, many of which bring up valid questions, and maybe some less valuable answers. Events are unfolding fast as the cryptocurrency market is rocked again,…
According to Press Secretary Karine Jean-Pierre, the administration and financial agencies will “closely monitor” developments in the crypto market. The White House said the administration of United States President Joseph…
Hedge funds and asset managers are deploying digital asset teams, but a lack of regulatory clarity is holding them back. The recent liquidity crisis at FTX will increase regulatory scrutiny…
According to the FTX US website, “Withdrawals are and will remain open.” In a long apology, the CEO of FTX, Sam Bankman-Fried — popularly known as “SBF” — assured the…