Industry Talk

Bahamian Authorities: Seized $3.5 Billion in Digital Assets from FTX

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The Securities Commission of the Bahamas (Securities Commission of the Bahamas) stated earlier today (30th) that authorities seized as much as $3.5 billion in digital assets from FTX. Authorities in the Bahamas ordered FTX to transfer assets held in cryptocurrency wallets to government-controlled wallets on Nov. 12, saying the urgent legal action was to protect …

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Support the establishment of a regulatory framework for encrypted assets! Binance Announces Joining the “U.S. Digital Chamber of Commerce”

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Cryptocurrency exchange Binance (Binance) announced yesterday (20) that it has joined the leading blockchain and encrypted asset trading association – the American Digital Chamber of Commerce. Binance stated that it will work with the executive committee of the Digital Chamber of Commerce and other industry participants to jointly promote the development of the blockchain industry. …

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After FTX collapsed, Binance took over! Binance.US to Buy Voyager for $1 Billion

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Binance’s U.S. business, Binance.US, will spend about $1.022 billion to buy the assets and business of cryptocurrency lending firm Voyager Digital, pulling it out of bankruptcy. Binance.US, headquartered in Palo Alto, California, operates as a separate legal entity and has a licensing agreement with Binance.com. Binance.US will pay Voyager a $10 million security deposit and …

After FTX collapsed, Binance took over! Binance.US to Buy Voyager for $1 Billion Read More »

Is it risky to own cryptocurrency? Binance CEO Changpeng Zhao: 99% of people will lose it

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Changpeng Zhao (CZ), CEO of cryptocurrency exchange Binance, believes that users are actually more likely to lose their cryptocurrency if they use a self-hosted wallet than if they store their cryptocurrency on a centralized exchange. “Holding cryptocurrency in your own wallet is not without risk,” he said. Changpeng Zhao stated on Twitter Space held on …

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Start a new business and seek a turnaround? SBF wants to “make a comeback” to make money and compensate FTX users!

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After FTX went bankrupt, owed $50 billion and spooked more than a million creditors, the cryptocurrency exchange founder and former CEO Sam Bankman-Fried (SBF) said he wanted to start another new company, It is hoped that after the new business makes money, it can be used to repay the debts owed by FTX and compensate …

Start a new business and seek a turnaround? SBF wants to “make a comeback” to make money and compensate FTX users! Read More »

It was exploded by “swiping sales orders and sniping UST”! SBF involved in Terra crash too?

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The collapse of cryptocurrency exchange FTX and the demise of Sam Bankman-Fried (SBF) prompted authorities to re-examine the collapse of the Terra ecosystem. In May, Terra’s algorithmic stablecoin UST and its sister coin LUNA went into a death spiral, wiping $40 billion off the cryptocurrency market. According to a report by The New York Times …

It was exploded by “swiping sales orders and sniping UST”! SBF involved in Terra crash too? Read More »

Shout out to 2018 now! Tim Draper: Bitcoin will hit $250,000 next year

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For the cryptocurrency market, this year can be said to be a stormy year, but even after the baptism of the bear market and industrial turmoil, Tim Draper, a well-known venture capitalist in Silicon Valley in the United States, still firmly believes that by the middle of 2023, Bitcoin will reach $250,000. “Miracle Price”. Tim …

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Calling on investors to “exit the currency circle”! Jim Cramer: It’s never too late to “sell coins and cash out”

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Known as the “Wall Street madman”, “CNBC” financial celebrity Jim Cramer called on investors on Monday, calling on them to get their hands on cryptocurrencies as soon as possible. He says: You can’t just be unlucky and think “it’s too late to sell now”. If you own these so-called digital assets, it’s a terrible investment, …

Calling on investors to “exit the currency circle”! Jim Cramer: It’s never too late to “sell coins and cash out” Read More »

FTX Japan: Strive to reopen withdrawals “before the end of the year”

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According to the “NHK” report, FTX Japan’s legal entity – “FTX Japan” is preparing to reopen withdrawals before the end of the year. FTX filed for Chapter 11 bankruptcy protection in the U.S. on Nov. 11, along with FTX Japan and 130 other affiliates, as the $32 billion cryptocurrency empire collapsed. In fact, the Financial …

FTX Japan: Strive to reopen withdrawals “before the end of the year” Read More »

Musk: Although the winter will be longer, Bitcoin will survive

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Tesla founder Elon Musk responded to the community’s discussion on Bitcoin on Twitter, saying that “although the winter will be longer, Bitcoin will survive.” Some netizens joked that he misspelled “Dogecoin” For “Bitcoin”, he also smiled and answered, “This is the same without special mentioning,” meaning that Dogecoin Doge will also survive. From multiple replies, …

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