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Why Web3.0 Loans Should Be a Priority For DeFi Builders

web3 loans

Key Takeaways: Traditional loans have many drawbacks, including lack of security around customer information While DeFi loans are still young, they are important for the development of Web3.0 Projects are experimenting ways to perform a wider variety of loans, including using NFTs as collateral and under-collateralized loans, in order to push Web3.0 infrastructure ___________________________________________ Web3.0 […]

FTX CEO Tweets Gibberish, But Not To Delete Twitter Trail

sbf what

FTX’s CEO Sam Bankman-Fried, more commonly known as SBF, has been active on Twitter following the implosion of his exchange. Unlike others, who have vanished or deleted their accounts following exposés, SBF has continued to tweet about the current situation. Known for his lengthy threads, SBF only tweeted “1) What” this time, which left many […]

Top 3 Decentralized Platforms As An Alternative To Trade On FTX

When one falls, another will rise. With the fall of FTX, trust in CEX has been lost. We see the massive withdrawals of tokens from exchanges at historical rates as investors seek the safety of their funds. Over the past week, exchanges have seen one of the largest declines in aggregate BTC balance, amounting to […]

Why Did Trust Wallet Surge 103% Amidst a Sea of Red?

trust wallet

CEO of the largest crypto exchange, Changpeng Zhao, also known as “CZ”, has been pushing for a safer, more transparent crypto space. Aside from publishing a full Proof-of-Reserves, he has reminded crypto participants that self custody is a “fundamental human right”. With FTX’s implosion and rumors of other exchanges being insolvent, the perennial phrase “not […]

UPDATE: What To Do if You Have Funds on FTX

ftx funds

Update: THE FTX APP HAS BEEN HACKED. It is advised to delete the application and not use the site in case of malware [Editor’s Note: The situation is still developing. Additional information will be included as announcements are released] It’s official – FTX is liquidated. While the dust has yet to settle on one of […]

FTX Hacked For $600M in User Funds, Tether Blacklists USDT Linked To Incident

ftx hacked

IF YOU STILL HAVE THE FTX APPLICATION, IT IS HIGHLY ADVISED TO DELETE IT, AND TO NOT USE THE BROWSER UNTIL FURTHER NOTICE Over $600 Million in user funds were transferred out of FTX’s company wallets, with no explanation. Some users report seeing 0 balances on their FTX account. FTX admins in their official Telegram […]

Bitcoin Targets $9,000 in FTX Aftermath

ftx bitcoin

In the aftermath of FTX’s implosion, distrust in crypto is on the rebound. While the contagion has yet to be fully realized, one thing is for certain – even the most faithful believers have been shaken. While many crypto proponents believed that Bitcoin follows a trend of never dipping below a previous cycle’s all-time high, […]

Could Justin Sun Save The Crypto Market Or Does He Have A Hidden Agenda?

FTX is in no doubt under heavy scrutiny by media outlets, investors, and regulators. With CZ walking away from the acquisition, retail investors’ trust broken and SEC launching an investigation into FTX, left the crypto space in fear, disinterest and lack of trust. Amidst all the drama, an unlikely hero emerged in an attempt to […]

Here’s Why Binance’s BNB & FTX’s FTT Are Not The Same

BNB FTT

With the collapse of FTX and Alameda Research, net inflows of major cryptocurrencies to popular Centralized Exchange Binance has skyrocketed. However, the saga has left a taint on many users. Furthermore, rumors are being spread that other major exchanges have exposure to FTX and could be in financial trouble. Many have also been scarred by […]

Now That FTX Broke The Trust For Everyone, What’s Next For Us?

ftx bankrupt

2022 has been an eventful year for the crypto world – to say the least. Following the implosion of Luna which wiped out $60 billion of market cap in the crypto world, as well as the collapse of Three Arrows Capital, wiping a further $18 billion, one would have thought that we have seen it […]

Binance Walks Away, Who Can Save FTX Right Now?

The entire saga between FTX and Binance might just come to an end. But with significant implications for the crypto market moving forward. Earlier today, due to due diligence and the news report regarding mishandled customer funds, Binance is not moving forward with the acquisition of FTX. Unless FTX US is part of the deal. […]

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