Crypto Market Highlights News Of The Day
Coinbase CEO: Don’t Believe “FTX Bankruptcy Due To Accounting Error”
Coinbase CEO thinks Sam should be in custody right now and objected to SBF declaring FTX bankrupt because of an accounting error. Brian also emphasized that the large-scale collapse of FTX was a scam; the client’s money was clearly moved into Sam’s hedge fund. For more specific information, you can read the article below:
Seoul Court Revokes Wemade’s WEMIX Delisting Order With 5 Korean Exchanges
Game publisher Wemade has asked the court to cancel the decision to delist WEMIX from the 5 largest cryptocurrency trading platforms in Korea. The reason previously given by the Digital Asset Exchange Alliance (DAXA) was that Wemix submitted false and incomplete information. For more specific information, you can read the article below:
Sam Bankman-Fried Didn’t Know He Was Violating Client Assets Terms
According to an interview published by Wall Street Journal on Saturday, FTX founder Sam Bankman-Fried said he couldn’t explain what happened to billions of dollars given to his trading business, Alameda Research, by users of his bankrupt cryptocurrency exchange. For more specific information, you can read the article below:
Number Of Addresses Holding Over 100 Ethereum Reached A 20-month High
According to Glassnode statistics, whales, sharks, and even shrimps have been aggressively collecting Ethereum (ETH). For more specific information, you can read the article below:
Bybit CEO Ben Zhou Announced A 30% Layoff Plan For The Company Employees
The bear market appears to be impacting many crypto firms. Ben Zhou, CEO of crypto exchange and trading platform Bybit, has revealed that the firm will lay off 30% of its workforce. For more specific information, you can read the article below:
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