Changpeng Zhao leverages FTX's downfall to paint a picture of Binance as a savior of fallen digital asset projects in a bold attempt to wash away the reputational stains of the 'crypto' industry.
Bloomberg covered what's going on with FTX, talking to experts from rival exchanges and SEC Commissioner Hester Peirce about what happens next.
Observers noticed on-chain records showing "hundreds of millions of dollars" worth of digital assets began leaving the FTX exchange’s wallets late on Friday night.
The FTX exchange may have filed for bankruptcy protection but there’s no real defense against the sector-wide carnage this scandal has unleashed.
This week’s dramatic implosion of the FTX exchange continues to disgorge a seemingly nonstop parade of machinations and sordid revelations that threatens to engulf the entire digital asset sector.
SBF recently tweeted his "thoughts on crypto regulation" alongside a more detailed set of Possible Digital Asset Industry Standards posted to the policy page of the FTX.US.
The Texas State Securities Board calls for the delay of FTX's winning bid on Voyager's remaining assets as a probe into its alleged illegal offering of unregistered securities continues.
Facing numerous crossroads, FTX.US President Brett Harrison decides to make a company exit, surprising staffers but not FTX chief SBF who said that his move had been "in the works for a while."
Several digital asset entities were served cease-and-desist letters for falsely claiming that the FDIC insures a number of their crypto-related products.