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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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In an open letter, the team says they are unable to perform their work or process grants and has "fundamental questions" about the legitimacy and integrity of business operations. Original Source
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Semafor, a news organization that FTX's Sam Bankman-Fried invested in, cites people familiar with the matter. Source
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The U.S. Securities and Exchange Commission (SEC) has won a court case against the blockchain-powered publishing platform LBRY. According to a New Hampshire district court ruling, Judge Paul Barbadoro agreed with SEC that the project’s native asset LBC was considered an investment contract or a transferable share representing a certificate
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U.S.-licensed Formula One constructor Haas F1 Team has announced a collaboration with non-fungible token (NFT) marketplace Opensea. As part of the agreement, a collection of NFTs will be produced for Haas while Opensea’s logo will appear on its cars. Opensea to Help American Formula One Team Launch NFT Collection Leading peer-to-peer marketplace
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Welcome back to day three of the Web Summit, one of the world’s leading tech conferences, with over 71,000 attendees on the third day. Stationed in Lisbon, Portugal, Cryptox's ground team is ready to bring the most exclusive insights on Web3, crypto and blockchain from the event.The first two days
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On-chain data shows that four projects affected in the attack received the stolen tokens over the weekend. Source
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According to reports on Oct. 28, the crypto exchange Binance intends to create a team to work on crypto and blockchain solutions for Twitter, following the acquisition of the social media company by tech billionaire Elon Musk.The development came hours after Binance's founder and CEO, Changpeng Zhao, or CZ, confirmed that the
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On Thursday, decentralized finance, or DeFi, lockup protocol Team Finance said over $14.5 million worth of tokens were exploited though the Uniswap V2 to V3 migration function on its platform. As told by blockchain security firm PeckShield, the hacker transferred liquidity from Uniswap V2 assets on Team Finance to an
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The Axelar/Polygon partnership “enables complex operations – for example, cross-chain borrow-lend, using NFTs as collateral,” said Parth Pathak, general manager of supernets at Polygon, in a statement to CoinDesk, referring to non-fungible tokens. Original Source
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