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Vitalik on Suspect Centralization, FTX’s ‘Absolute Fraud,’ Coinbase Confirms Bitcoin Holdings — Week in Review – The Weekly Bitcoin News

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Cryptox.trade Since 2015, Cryptox.trade has been a global leader in introducing newcomers to crypto. Featuring accessible educational materials, timely and objective news, and intuitive self-custodial products, we make it easy for anyone to buy, spend, trade, invest, earn, and stay up-to-date on cryptocurrency and the future of finance. (function(d, s, id)

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Elon Musk Confirms Bankman-Fried Owns 0% of Twitter Despite Reports Claiming a $100M Stake – Featured Bitcoin News

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Tesla CEO and Twitter chief Elon Musk has clarified that Sam Bankman-Fried, former CEO of collapsed crypto exchange FTX, does not own any stake in Twitter. This followed an article published by a Bankman-Fried-backed publication suggesting that Musk took $100 million from the former FTX executive. Elon Musk on SBF’s Alleged

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Genesis Global Capital Confirms Hiring Investment Bank Moelis, Talks With Potential Investors

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"We've begun discussions with potential investors and our largest creditors and borrowers, including Gemini and DCG," Genesis' interim CEO Derar Islim said in a memo sent to customers. "We expect to expand these conversations in the coming days," noting that Moelis was hired to fast track these talks. Source

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Bitcoin Rebounds, Coinbase Confirms Holding 2 Million BTC – Market Updates Bitcoin News

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Bitcoin moved back above $16,000 on Nov. 23, as markets continued to react to the news that Coinbase holds 2 million bitcoin worth $39.9 billion. Centralized exchanges continue to face scrutiny following the collapse of FTX, with many moving to showcase their proof of reserves. Ethereum was also higher, with

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FTX CEO Confirms Reports of ‘Unauthorized Access to Certain Assets,’ Team Is ‘Coordinating With Law Enforcement’ – Bitcoin News

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Following the reports that said FTX wallets were being drained and the FTX Telegram channel’s admins that detailed its possible malware might be present in FTX-related apps and websites, the company’s new CEO John Ray confirmed there were “unauthorized transactions.” The news was shared by FTX US’s general counsel Ryne

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CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction – Bitcoin News

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After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked for help and noted there is a “significant liquidity crunch.” FTX CEO Sam Bankman-Fried has confirmed the acquisition will take

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‘Well worth the fight’ — Ripple counsel confirms Hinman docs are in their hands

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San Francisco-based fintech firm Ripple has inched closer to victory in its ongoing battle with the U.S. Securities and Exchange Commission (SEC).On Oct. 21, Ripple General Counsel Stuart Alderoty confirmed on Twitter that they finally have the elusive documents after "18 months and 6 court orders," though noted they remain

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