Bankrupt FTX Faces Criminal Investigation In The Bahamas
The Bahamas securities regulator and financial investigators are reportedly investigating the collapsed crypto exchange, FTX. Financial investigators and the Bahamas securities regulators are looking into potential criminal activity related to the bankruptcy of cryptocurrency exchange FTX, according to a statement the Royal Bahamas Police Force sent to Reuters on November 13. The Royal Bahamas Police […]
5 Tips for Choosing a Reliable Crypto Casino
Cryptocurrencies and casinos have both become very popular lately, and there is therefore no surprise that they have been combined. Now you have the opportunity to gamble with cryptocurrencies. This is done in specific casinos that offer this, which you need to locate before you can start. Here we will have a look at the […]
Bitcoin Miner Canaan Scales Operations Despite Low Profit
Chinese Bitcoin mining firm Canaan reported a 90% quarter-over-quarter decline in net income in Q3 2022, yet the company is still operating. According to the CEO of the company, operations will continue to grow at Chinese cryptocurrency mining startup Canaan despite the current bad market and a corresponding decline in earnings. Canaan’s third quarter of […]
FTX is the opposite of Bitcoin – El Salvador President
El Salvador president, Nayib Bukele in the wake of FTX’s collapse has called the exchange the opposite of Bitcoin, while also stating that the Bitcoin protocol was created precisely to prevent Ponzi schemes. The FTX explosion sent shockwaves across the globe and seriously damaged investor confidence. The Salvadoran President Nayib Bukele and Changpeng “CZ” Zhao, […]
Binance announces Crypto industry recovery fund
Binance CEO Changpeng “CZ” Zhao has announced a new initiative by the exchange known as the ‘industry recovery fund’. The fund will assist crypto platforms in the case of a liquidity crisis. In response to the downturn in the cryptocurrency market , Binance CEO “CZ” launched an industry recovery fund in a tweet on November […]