Chiliz Allocates 38 Million CHZ To Rescue Traders Who Lost Funds in FTX Collapse
Chiliz announced its decision to allocate 38 million CHZ to a public address that will help compensate up to $10,000 per FTX user who lost funds.
FTX Under Investigation for Possible Criminal Misconduct in The Bahamas
FTX, which filed for Chapter 11 bankruptcy protection in the U.S. on Friday, is now under investigation in its headquarters of the Bahamas.
Chorus of Lawmakers Collectively Call for Crypto Controls in FTX Fallout
The collapse of cryptocurrency exchange FTX did more than rattle markets this week. It grabbed the attention of several U.S. lawmakers who used the resulting pandemonium as evidence that stricter regulation of the crypto industry is needed.
Visa Has Terminated Global Debit Card Agreements With FTX
Visa Inc, the world's largest payments processor, said on Sunday it was severing its global credit card agreements with collapsed crypto exchange FTX.
FTX Collapse Being Scrutinized by Bahamas Authorities
The collapse of cryptocurrency exchange FTX is the subject of scrutiny from government investigators in the Bahamas, who are looking at whether any "criminal misconduct occurred," the Royal Bahamas Police said on Sunday.
Bahamas Securities Regulator Says It Didn’t Order FTX To Reopen Local Withdrawals
Crypto exchange FTX was not required to allow Bahamas-based customers to withdraw their funds, a local financial regulator said Saturday.
Kraken Freezes FTX And Alameda Accounts, ‘Maintains Full Reserves’
Kraken has frozen accounts owned by FTX Group, Alameda Research and their executives following their filing for Chapter 11 bankruptcy protection.
New FTX Tokens Worth About $380 Million Appear Out of Thin Air
The deployer contract of FTX Exchange (FTT) tokens mysteriously printed 192 million new tokens today and sent them to a freshly created wallet, according to on-chain data. The total value of these tokens at current prices is about $380 million.
Solana Crashes 12% Overnight as Crypt Markets Bleed Out
The cryptocurrency market continues to bleed out and in the past 24 hours, its total capitalization shed another $20 billion.
Hong Kong To Avoid FTX-Like Scenario Through Transparency And Supervision
The Financial Secretary of Hong Kong called for a stronger focus on transparency and proper supervision when dealing with virtual assets.
