Kraken exchange freezes accounts related to FTX, Alameda
Cryptocurrency exchange Kraken has frozen accounts connected to “FTX Group, Alameda Research, and their executives” on its platform in the wake of the FTX saga. On November 13, Kraken wrote on Twitter that the accounts were frozen “to protect their creditors” that it “maintains full reserves” and that other users’ funds are unaffected. Kraken was probably […]
$600M FTX Hacker Has Been Identified By Kraken’s CSO
Nick Percoco, CSO of Kraken Exchange tweeted that his team had successfully identified the $600M FTX hacker. The CSO of Kraken Exchange, Nick Percoco, tweeted that the Kraken team now knows the user’s name who hacked FTX. How Kraken was able to recognize it with ease Since the hacker used the exchange to dump the […]
Binance CEO CZ On FTX Crash
CZ believed the incident was terrible for the industry because one of the top cryptocurrency businesses collapsed over night. In 2022, cryptocurrency exchange FTX declared bankruptcy alongside numerous other failed projects, such as Terra (LUNA), 3AC, Celsius, and Voyager. Changpeng “CZ” Zhao, the CEO of Binance, the largest cryptocurrency exchange, predicts a period of increased […]
Amy Wu Resigns From FTX Ventures
Amy Wu a former partner at Lightspeed Venture Partners announced her resignation from FTX Ventures on Friday. Amy Wu, an FTX investor is said to have left her post. The Information reported on November 11 that Wu left his position as Head of FTX Ventures when it was revealed that the Crypto exchange would proceed […]
FTX On The Verge Of Potential Hack Due To Outflows
The people in charge of FTX seemed to confirm rumors that Telegram had been hacked by telling users to delete FTX apps and stay away from its website. Late Friday night, more than $600 million in crypto left the wallets of the bankrupt crypto company. There isn’t a clear reason why.Soon after, FTX announced on […]