Hong Kong-based digital asset platform Hbit Limited revealed in an official announcement that it failed to withdraw $18.1 million worth of assets deposited...
The failure of FTX proved the importance of proof-of-reserves for centralized crypto exchanges. The growing commitment to transparency among crypto firms...
Following the FTX crisis, California’s Department of Financial Protection and Innovation (DFPI) suspended cryptocurrency lender BlockFi’s license for 30 days, pending an investigation...