The former CEO described his role in the exchange’s downfall as a failure in oversight, saying he should have been “more skeptical of large margin positions.”
The market cap of Tether dropped amid the FTX fiasco while USD Coin supply increased by $2 billion.
The prolonged market volatility has not stopped investors from backing a new protocol that merges DeFi and the foreign exchange market.
The Japanese central bank plans to make a decision on whether to issue a digital currency by 2026.
On-chain analytics show that ETH and stablecoins have been flowing out of centralized exchanges in the aftermath of FTX’s collapse.
A new bill confirms the government’s plan to raise $1 billion and invest them into the construction of a “Bitcoin city.”
Elizabeth Warren’s WSJ op-ed, which correlated the fall of the FTX crypto exchange to crypto ruining the entire economy, did not go unnoticed by the online...
Matthew Ferranti, a Ph.D. candidate at Harvard, pointed out that Bitcoin is an optimal alternative hedging asset for central banks.
BTC price losses are not yet bad enough to rival previous Bitcoin bear market troughs, data suggests.
Governor Kathy Hochul signed the PoW moratorium bill into law on Nov. 22, nearly four months after the bill was approved by the state senate.