FTX collapse won’t impact everyday use of crypto in Brazil: Transfero CEO
The fall of FTX undoubtedly hurt investor sentiment toward crypto, but it won’t change its popularity as a means for cross-border transactions.
The fall of FTX undoubtedly hurt investor sentiment toward crypto, but it won’t change its popularity as a means for cross-border transactions.
Brad Garlinghouse, CEO of Ripple, said the company would be interested in companies owned by FTX that serve business customers.
The crypto community has criticized Forbes magazine for dubbing Caroline Ellison “Queen Caroline” and “a new darling of the alt-right.”
Banks should embrace crypto as a way to mitigate risk and prevent losses that consumers at the hands of rogue crypto exchanges.
There were ample warning signs to tip investors off to problems behind the scenes at FTX.
FTX has an estimated $8 billion hole in its balance sheet. Investors desperate to get their money back are being targeted by phishing scams.
Though Dogecoin has seen a near 45% rally over the past month, its use cases remain limited, especially given that it can’t interact with smart contracts.
In an industry first, Input Output Global and the Scottish university will provide continuous tracking of digital assets by a methodology that has yet to be determined.
Crypto exchanges are actively releasing proof-of-reserves audits in order to build transparency but experts believe it would take more than that to regain investor trust.