Sam Bankman-Fried, the former CEO and founder of FTX, explained why Bahamian withdrawals were prioritized in an interview with Tiffany Fong published Tuesday. Prioritizing Bahamian withdrawals As part of his interview series, Tiffany Fong, who Read More
In a recent interview with Decrypt, Devin Finzer, CEO and founder of leading NFT marketplace OpenSea, called the FTX downfall a “tragic event”. He discussed what we can learn from the collapse. Seeing an opportunity Read More
JPMorgan said the majority of global digital-asset trading will continue to take place on centralized exchanges, unlike some crypto-native experts who predicted a shift towards decentralized platforms with the collapse of FTX. The flaws of Read More
Report Says FTX Failure Impacts Miami Nightclub As They Lose “Crypto Nerds”. FTX’s collapse has spilled over beyond the Web3 and crypto ecosystem. According to the Financial Times, the collapse has negatively affected nightclubs Read More
The crypto exchange Kraken agreed today to pay $362,158.70 to the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) as a settlement of alleged sanctions violations. Agree to invest $100,000 Furthermore, Kraken agreed Read More