XRP Up 16% As Ripple Vs. SEC Settlement Rumors May Have Taken Root
<b>XRP outperforms the top 20 cryptocurrencies by market cap.</b>
FTX Addresses Still Sending Crypto Assets To Hacker Wallet
Multiple FTX and FTX US wallets continue to send crypto assets to the FTX Drainer address 0x59A…32b even three days after the hack. The FTX Drainer address now holds almost $62 million in crypto assets. The hackers transferred over $600 million in crypto assets from wallets triggered by an auto-update that leaked keys and execute functions to empty several wallets.
Huobi Becomes Latest Crypto Exchange to Disclose Proof-of-Reserves
Huobi, the Seychelles-based crypto exchange, recently became the latest digital asset exchange platform to reveal the number as well as the value of its digital assets held in reserves. Huobi has said disclosing the assets held in reserves helps to boost users’ confidence in the exchange as well as to improve transparency.
The Hideaways celebrates $2 Million raise as presale reaches midway
The Hideaways (HDWY) is a cryptocurrency platform for real estate that seeks to disrupt the industry standard model of real estate investing. Investing in traditional real estate requires a sizeable sum of money upfront and typically yields modest returns at the outset.
FTX’s founder Bankman-Fried says he failed to see warning signs at the exchange..
FTX founder and former Chief Executive Sam Bankman-Fried said in an interview to the New York Times on Monday that he expanded his business too fast and failed to notice signs of trouble at the exchange, whose downfall sent shock waves throughout the cryptocurrency industry.
Crypto Market Sees Biggest Miner Selling Pressure Since January 2021
The market has seen the biggest one-day miner selling pressure since January 2021, and data analyzed by CryptoSlate shows that the selling pressure shows no signs of stopping.
Why Self Custody Is So Important in Crypto
In the cryptoverse, self custody means you are the only person that has access to and control over your digital assets and their private keys.
Gate.io Targets New Crypto Exchange GateTR at Turkey’s Crypto Market
Gate.io, a cryptocurrency trading company, is set to launch a new cryptocurrency exchange, GateTR, tailored to Turkey’s cryptocurrency market. The new platform was developed by the firm’s team over the last six months, Gate.io said.
First Mover Americas: FTX Faces Criminal Charges
<b>Bankrupt crypto exchange FTX</b> faces a criminal investigation in the Bahamas following its dramatic collapse last week. Authorities in the Caribbean country where FTX has its headquarters are investigating whether any criminal misconduct occurred in the exchange’s decline and bankruptcy. Sam Bankman-Fried’s crypto exchange went from being one of the world’s largest to filing for bankruptcy in barely a week, after a CoinDesk article raised questions about the financial stability of its sister company Alameda Research.
Crypto.com claims user funds safe despite ‘accidental’ Ether transaction
Singapore-based cryptocurrency exchange Crypto.com transferred 320,000 Ether, close to 80% of its ETH reserves worth around US$400 million at the time, to rival exchange Gate.io, instead of sending it to a new cold storage address, a move that CEO Kris Marszalek called accidental.
