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Blockchain

Crypto Contagion Is Spreading, Quick

To make sure Genesis wasn’t hamstrung by the loss, its mother or father firm, Digital Foreign money Group (DCG), bailed it out. However within the aftermath, Genesis minimize 20 % of its workforce to scale back prices and Michael Moro,…

Hackers begin to launder $477 million of stolen crypto

FTX filed for chapter within the U.S. on Nov. 11, 2022, searching for court docket safety because it appears to be like for a solution to return cash to customers.Jonathan Raa | Nurphoto | Getty PhotosHackers who stole round $477 million…

The Hunt for the FTX Thieves Has Begun

Which means it will likely be very troublesome for the thieves to abscond with their earnings in a spendable kind with out being recognized, says Michelle Lai, a cryptocurrency privateness advocate, investor, and marketing consultant who…

What the Hell Occurred to FTX?

CZ has denied that he intentionally created a liquidity disaster at FTX—”I spend my power constructing, not preventing,” he tweeted on November 7—however Tim Mangnall, whose firm Capital Block has consulted for each Binance and FTX, says…