All-in-one crypto investment mobile app is now available to UAE residents to build their portfolio, earn yield and stay updated on the latest crypto news
All-in-one crypto investment mobile app is now available to UAE residents to build their portfolio, earn yield and stay updated on the latest crypto news
The company gave loans to customers using their crypto assets as collateral
Dubai has set up Virtual Assets Regulatory Authority for regulating digital assets market outside of certain jurisdictions such as DIFC
Lawsuit alleges that yield-bearing accounts were unregistered securities that were unlawfully sold in the US
FTX in contact with dozens of federal, state and international regulators; Over one hundred thousand creditors involved in the bankruptcy case, maybe over one million; Bahamas regulator appoints provisional liquidators; French cen. bank Governor calls for global regulatory response
Analysts at JP Morgan have predicted that the shockwaves of a collapse of FTX could lead Bitcoin to tumble to 80 per cent below its all-time peak of $70,000 in November 2021 as firms are hit by a “cascade of margin calls.”
More than "$663 million in various tokens" had been drained from FTX's wallets only 24 hours after it filed for bankruptcy, an analysis firm says
The distressed cryptocurrency trading platform has been struggling to raise billions in funds to stave off collapse while coming under heightened regulatory scrutiny
Week-long saga began with a run on FTX, one of the largest crypto exchanges, and a failed takeover deal by arch-rival Binance
Binance walks away from FTX bailout; bitcoin slumps; FTX’s native token trades near record low; Investors expect turmoil to get worse before it gets better