The FTX Saga: Classes We Knew But Didn’t Learn
Cover artwork: Jeenah Moon/Bloomberg/Getty Images, Relight Motion (edited by Mariia Kozyr) Key Takeaways The collapse of Sam Bankman-Fried's empire has shocked the crypto industry—and set...
Category : News
FTX Hit by Nine-Figure Hack as Meltdown Continues
One of the biggest dramas in cryptocurrency history continues. Over $400 million was drained from the bankrupt crypto exchange early Saturday. Key Takeaways FTX has...
FTX Fraud: Who Are Sam Bankman-Fried’s Biggest Victims?
Key Takeaways The collapse of FTX is already going down as one of the most severe crypto-related frauds in history. Over the course of a...
Edward Snowden, Elon Musk Optimistic About Bitcoin Despite FTX Collapse
Two of Bitcoin’s most famous advocates, Elon Musk and Edward Snowden, took to Twitter today to express their faith in the cryptocurrency’s future. Key Takeaways...
Why Used to be Cosmos Hub’s ATOM 2.0 Proposal Rejected?
Today the Cosmos Hub community voted against implementing the ATOM 2.0 whitepaper. Key Takeaways A hotly contested vote saw the Cosmos Hub community rejecting the...
Crypto Traders Are Flocking to DeFi After FTX Alternate Implosion
GMX is one of several DeFi protocols to receive a boost as trust in centralized exchanges is called into question following FTX's meltdown. Key Takeaways...
FTX Fallout Continues: Visa Dumps FTX, BlockFi Aloof Suspended, Crypto.com Skirts a Monetary institution Bolt
Several companies have been impacted by FTX's ongoing collapse and are taking actions to deal with the fallout. Key Takeaways Visa has announced that it...
LFG Audit Claims Attain Kwon Didn’t Capture Terra Funds—nonetheless Can It Be Depended on?
According to the Luna Foundation Guard, the third-party audit dispels allegations that Terraform Labs founder Do Kwon embezzled or misused the organization’s funds. Key Takeaways...
Crypto Community Demands Investigation Into Gary Gensler’s That you just might perhaps perhaps most definitely imagine Ties to FTX
Thousands of people have petitioned for a Congressional investigation into SEC Chair Gary Gensler's relationship with FTX and its major players. Photo: AP Photo/J. Scott...
FTX Contagion: Genesis and Gemini Hit in Crypto Chaos
The market turmoil created by FTX’s monumental meltdown is spreading throughout the crypto industry. Key Takeaways Genesis has paused its crypto lending business, citing “extreme...