Binance in Talks with DOJ and Regulators over FTX
The government wants to know what Binance found out about how FTX works. A person with knowledge of the situation says that U.S. authorities, including the Department of Justice, have reached out to the cryptocurrency exchange Binance to find out more about its recent talks with FTX about a possible rescue. The person said that […]
FTX U.S Declares It Might Stop Trading On Its Platform
FTX U.S alerted users earlier on Thursday to a potential halt to trading functionality soon, “in a few days.” The CEO of FTX, Sam Bankman-Fried, also known as “SBF,” issued a lengthy apology and reassured the crypto community that the recent turn of events would only have an impact on FTX international. According to him, […]
TRX Price Jumps Amid FTX Redemption of Tron-Based Tokens
FTX said that Tron-based assets could be moved to wallets outside of the exchange. After Tron founder Justin Sun agreed to move Tron-based assets from FTX to external wallets, the price of TRX, the network’s native token, went up by more than 140% on the cryptocurrency exchange FTX, from 12 cents to 29 cents. “We […]
Solana SOL Surges After Blockchain’s Foundation Delay
Investors un-staked a record amount of SOL when they got their tokens back from the blockchain’s security system. It could have been much more, though. The price of SOL went up by 18%. A record number of SOL tokens from the Solana blockchain were released from the blockchain’s security system on Thursday. This happened a […]
Reevaluating MicroStrategy Flaws Amidst Bitcoin Dip
This week’s drop in the price of bitcoin makes people wonder again if Michael Saylor will have to sell some or all of his company’s huge holdings at some point. Michael Saylor, the Executive Chairman of MicroStrategy (MSTR) and a well-known bitcoin bull, told CNBC that he won’t change his plan to buy and hold […]