The hacker who infiltrated Sam Bankman-FTX Fried’s exchange is now one of the world’s largest holders of Ether. A wallet linked to a hacker exchanged about $49 million in stablecoins – mostly Dai – for ether on Thursday. New ETH Whale As a result, the hacker now owns 228.523 ether, or around $288 million. This […]
After the catastrophic fall of FTX, several companies that had their brands attached to the exchange are now planning on how to move on. The shamed crypto-exchange had several multi-million dollar sponsorships deals with some of America’s most iconic sports teams. After the exchange declared bankruptcy, the new CEO, John Ray III, will have to […]
The chaotic turn of events surrounding FTX left a strong feeling of mistrust about the world’s leading cryptocurrency exchanges. Due to the market value crash, several important cryptocurrency projects are on the verge of facing serious liquidity issues. With that in mind, Changpeng Zhao, Binance’s CEO, announced his company will develop a new “Industry Recovery […]
