Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Japanese Regulator Slaps FTX Japan With Business Suspension Order

Japan’s top financial regulator, the Financial Services Agency (FSA), has issued a business suspension order to FTX Japan, the Japanese subsidiary of FTX.com. The financial watchdog has also ordered the crypto exchange to submit a business improvement plan by Nov. 16. Japanese Regulator Takes Action Against FTX Japan Japan’s Financial Services Agency (FSA) announced Thursday […]

FTX funds on the move: bankruptcy proceedings, insider threat or a hack?

The wallet address in question received funds from various international and U.S.-based wallets linked to FTX, which amassed over 83,878.63 ETH (worth over $105.3 million) in just two hours.

FTX has been hacked. DO NOT UPDATE FTX APPS

Money is being moved out quickly and swapped. Messages sent in eth domains from the hackers. There is an update for all the apps as well. The important thing is that you do not update the app. None of the fTX related apps. It's in your interest to delete them and be very cautious. People's…
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Turns out, crypto ended up being much shittier than the banks it sought to replace

It kinda goes without saying at this point that crypto as a whole is a massive clusterfuck. Initially, bitcoin was created to be a better alternative to corrupt banks, but somewhere along the way, the community got lost. I've never seen as many scams and folded corrupt companies in all my history of watching traditional…
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FTX funds are being drained! A Hack or Insider Job!

submitted by /u/diwalost [link] [comments]

DO NOT UPDATE YOUR FTX APP: Funds being drained actively from user accounts

UNINSTALL YOUR FTX APP AND DO NOT INTERACT WITH ANY FTX SERVICES There are rumors of a hack ongoing at FTX with many users reporting that their account have been drained of their balance. An FTX app update was pushed earlier and it’s possible that this loaded some kind of Trojan that enables them to…
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forgot about gas fee question

If I forgot about the gas fees and already sent an Erc20 token over to a wallet can I add ethereum to the receiving wallet post transaction for it to process? I looked up my address and on the the ethereum is now on chain. What do I guys think is it lost? submitted…
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The unfolding of SBF’s empire: A Rudderless ship led by a hedonistic captain where orgies and nepotism ran rampant in the Bahamas

In case you haven't heard already, SBF's empire was revealed to be run by himself and 10 of his flatmates in the Bahamas. (See: Link here) Yes, they ran TWO multi-billion dollar companies (FTX and Alameda) like a bunch of hedonistic kids and nobody publicly found out until this debacle unfolded. What did that Rudderless…
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Sam Bankman-Fried was playing League of Legends during fundraising Zoom call with Sequoia Capital. Source: Sequoia’s SBF profile article.

Financial Times posted an article on it too The Zoom went well for all concerned. SBF looked relaxed as he answered questions, talking, as he usually does, in complete paragraphs about topics of extreme complexity [1]. Ramnik Arora, FTX’s head of product and another ex-Facebook engineer, remembers the meeting clearly: “We’re getting all these questions…
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