Binance CEO Changpeng Zhao is aiming to stockpile $1 billion for an industry recovery fund.
Binance aims to allocate $1 billion for crypto recovery fund [cointelegraph]


Binance CEO Changpeng Zhao is aiming to stockpile $1 billion for an industry recovery fund.

Starling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants.

Dubai regulators noted that no clients were exposed as FTX MENA was still in the preparation phase before getting fully approved to operate.

Dubai regulators noted that no clients were exposed, as FTX MENA was still in the preparation phase before getting fully approved to operate.

Bitcoin from the 2014 Mt. Gox hack are on the move again, with 65 BTC sent to exchange HitBTC on Nov. 22.

Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million.

Local lawmakers are working on amendments to the existing legislation “On digital financial assets” in consultation with market stakeholders.

The Securities Commission of The Bahamas said the continued hacking attempts on FTX prove it made the right call to “secure” FTX’s digital assets.

The crypto was dormant in the account for over seven years and with the move, a majority found its way to personal wallets.

The Russo’s are reported to have said that FTX “is one of the most brazen frauds ever committed” in their reasoning for wanting to create the show.