Temasek Invests $10M In Algorithmic Currency System Array
Despite suffering financial losses due to its investment in the collapsed crypto exchange FTX, Singapore’s government-owned investment firm Temasek has invested $10 million in Array,...
FTX’s Spending Detailed In Latest Financial Report
FTX, the bankrupt cryptocurrency exchange, published its fourth interim financial update, revealing that it spent a total of $86 million through the end of March....
Ontario Teachers’ Pension Plan Abandons Crypto After FTX Loss
Canada’s Ontario Teachers’ Pension Plan (OTPP) has announced that it will avoid investing in cryptocurrencies, after writing off its $95 million investment in FTX, the...
FTX Creditors Committee Evaluate Options For Reboot Or Sale
The Official Committee of Unsecured Creditors of FTX has announced that it is working with the Debtors to explore all available options to reboot or...
FTX Considers Reopening After Bankruptcy
FTX, the cryptocurrency exchange that suffered a major collapse last November, is considering reopening as the company navigates its bankruptcy. Attorneys from Sullivan & Cromwell,...
FTX Debtors Expose Critical Control Failures At FTX Group
FTX Trading Ltd. (d.b.a. FTX.com) and its affiliated debtors have released their first report following their ongoing review of the company’s control failures under the...
Hong Kong Emerges Haven For Crypto Companies Amidst US Crackdown
Hong Kong is intensifying its efforts to attract cryptocurrency companies, and recent crackdowns by US regulators have given the city an opportunity to woo firms...
European Customers of FTX to Finally Receive Some Relief
European clients will now be allowed to transfer assets in a short break. A new website has been introduced by FTX EU, the cryptocurrency exchange’s...
OKX Returns USD157M In Frozen FTX And Alameda Assets
OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, announced on Wednesday that it will be returning around USD 157...
TUSD Partners The Network Firm For Cutting-Edge Attestation Services
TUSD, a leading USD-backed stablecoin, has engaged The Network Firm, an independent Certified Public Accounting (CPA) firm specializing in the digital asset industry, to provide...