2022-11-14

📬 FTX siphons $2 billion users’ funds, faces criminal investigation in Bahamas

Daily Digest – November 14th

 

  • Crypto.com Cronos (CRO) plummets 28% amidst proof-of-reserve concerns

  • Bitcoin investors advocate self-custody, drive exchange outflows to historic highs

  • Binance creates an industry recovery fund to help struggling projects

  • FTX siphons $2 billion users’ funds, faces criminal investigation in Bahamas

  • Reports debunk rumours of FTX receiving help from SEC on legal loophole

Crypto.com Shows Trust in Shiba Inu (SHIB) as Holders Set SHIB Price Prediction

As the crypto turmoil continues and the most popular crypto exchanges reveal their reserve holdings in order to calm down worried customers, more surprises are...

Binance is Forming a Recovery Fund to Assist Projects Experiencing Liquidity Issues

According to the announcement by its CEO, Changpeng Zhao (CZ), co-investors within the sphere are free to participate in the...

Kraken Freezes Accounts Related to FTX and Alameda After Hacker Moves Funds Through Exchange

Crypto exchange Kraken has decided to freeze all accounts related to FTX and Alameda Research after an unknown hacker drained...

Why BAYC Has Been One of NFT Collections Most Affected by the FTX Crash

The sudden liquidity crunch faced by FTX, as well as its alleged mismanagement of customer funds, have resulted in a slump...

Binance Hacked by False Trading Bot Platforms – CZ Asks Users to Delete API Keys

Amidst the tumultuous market conditions induced by the collapse of FTX, Binance, the world’s largest cryptocurrency exchange, has suffered a compromise by...

    That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team