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Check out the biggest breaking crypto market updates for today: US Senators Urge Fidelity To Reconsider Its Bitcoin Offerings After FTX Blow-Up In a letter addressed to Fidelity Investments CEO Abigail Johnson, three U.S. Senators – Elizabeth Warren, Tina Smith, and Richard Durbin, have asked $4.5 trillion asset management firm Fidelity Investments to reconsider its […]

Check out the biggest breaking crypto market updates for today: Grayscale Won’t Share Proof Of Reserves, Citing “Security Concerns” The recent FTX collapse has prompted many crypto exchanges and investment platforms to share “Proof of Reserves” – a public-facing attestation as to a c custodial service’s reserves alongside a record of its liabilities (i.e., user

Check out the biggest breaking crypto market updates for today: Crypto Broker Genesis Trading Halts Withdrawals at Lending Unit On the 16th, institutional crypto lender Genesis Trading announced that it was temporarily “suspending redemptions and new loan originations in [its] lending business” due to facing “abnormal” levels of withdrawals that exceed its current liquidity.  It

Check out the biggest breaking crypto market updates for today: Turkish Law Enforcement Investigating FTX’s Local Arm Following Wipeout According to an official notice published by Turkey’s Financial Crimes Investigation Agency yesterday, the agency is investigating FTX.com and will look into people, institutions, banks and crypto service providers related to FTX including local subsidiary FTX

Check out the biggest breaking crypto market updates for today: Solana Liquidity Hub Serum To Be Forked After Possible Compromise In FTX Hack On Friday, a hacker made unauthorized withdrawals of more than $400 million from FTX – after even users with funds on the platform couldn’t get their own funds off, nonetheless. The situation

Check out the biggest breaking crypto market updates for today: Binance Proof-Of-Reserve Pledge Gains Support Following FTX Crisis According to a tweet posted yesterday by Binance CEO Changpeng Zhao (CZ), the crypto exchange will soon start a Proof-of-Reserves audit system to allow verification of its digital asset holdings.  The announcement follows the drama that unfolded

Check out the biggest breaking crypto market updates for today: FTX’s Sam Bankman-Fried And Binance’s ‘CZ’ Wage A War – That Ends With Binance Buying FTX As of late, there have been rumors swirling about an FTX liquidity crunch.  Over the weekend, FTX faced rapid client withdrawals after Binance CEO Changpeng ‘CZ’ Zhao said the Binance

Check out the biggest breaking crypto market updates for today: Vitalik Reveals The Next New Phase In The Ethereum Roadmap: The Scourge In a Tweet posted on November 5th, Ethereum co-founder Vitalik Buterin added a new stage titled “The Scourge” to the Ethereum technical roadmap. The new stage seeks to improve censorship resistance and decentralization

Check out the biggest breaking crypto market updates for today: Dapper Labs Cuts 22% Of Staff As NFT Market Craters Dapper Labs, the company behind NBA Top Shots and one of the biggest names in the NFT industry, has laid off almost 22% of its workforce (134 out of a total workforce of 613) as

Major Crypto Exchanges Flock To The Caribbean FTX & Huobi Global Plan Relocation To The Caribbean The Caribbean has become a hot spot for the crypto industry in recent years, with several crypto companies migrating to the region as global regulators tighten the reins on the industry.  According to a report from the Financial Times, Chinese