FTX collapse Archives - Page 2 of 2

Crypto scammers evolving with the new year

In 2017 billions of dollars were poured into blockchain networks tanks to Initial Coin Offerings. By the time 2020 rolled in and...

News January 3, 2023

Sam Bankman-Fried, former Billionaire and FTX boss arrested

On December 12, 2022, Sam BankMan Fried or SMF, woke up to a rude awakening as the Royal Bahamas Police Force entered his...

News December 15, 2022

NFT industry struggle to stay afloat amid the crypto crash

The FTX crash significantly affected the entire crypto ecosystem According to the NFTGo, the Blue Chip Index is calculated by weighting the market...

News December 8, 2022

Kraken lays of 1100 employees following the crypto crash outweigh

Kraken is among the first crypto exchange platforms to pioneer the Golden Age of Bitcoin alongside Mt Gox Over 1100 employees will lose...

News December 3, 2022

BlockFi acquires court protection and sues FTX

In 2017, Flori Marquez and Zac Prince founded BlockFi in Jersey City to expand the crypto ecosystem by reinventing and reimagining the banking...

News November 30, 2022

Binance sets out to save the crypto industry

Binance CEO, Changpeng Zhao, announced the deployment of Binance's Industry Recovery Fund, which aims to support struggling crypto traders during FTX's calamitous bankruptcy. ...

News November 26, 2022

Africa’s crypto ecosystem affected by FTX collapse

The FTX collapse has brought in significant questions as to the conduct of cryptocurrency, and many crypto traders are pondering over their next...

News November 22, 2022

Centralized Finance finally losing its battle against DeFi system

Decentralized Finance is the core concept behind cryptocurrency—the ability to remove a centrally located authority when dealing with finances Crypto traders used...

News November 21, 2022

Nestcoin suffers from FTX collapse

Nestcoin set up a parent company whose primary function was to create, build and invest in products that would introduce crypto-evolving uses to...

News November 18, 2022

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