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Multiple Crypto Exchanges Suffer from FTX’s Aftermath
The crash of bankruptcy from the crypto exchange FTX escalates to the crypto industry. Huobi-related subsidiary is the latest victim.
Citing “Failure to withdraw cryptocurrency assets from crypto exchange FTX”, Hong Kong-listed…
Chainlink Labs offers Proof of Reserve service for embattled exchanges
Chainlink Labs offered its Proof of Reserve product as a solution to future trust issues in the crypto exchange market on Nov. 10. In a tweet thread, Chainlink Labs asked “Will crypto continue to repeat the mistakes of the traditional…
Gensler: Leverage and lack of disclosure hurting crypto
Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC) says lack of disclosure and too much leverage are two factors hurting the crypto industry.
The SEC Chair’s comments on Thursday come at a time when the crypto…