
Genesis fails to raise funds as FTX contagion weighs on DCG-owned company
A weekend hunt for $1B in new funding has come up short for crypto brokerage Genesis as it seeks huge cash injection to stay afloat
Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.

The MAS revealed Binance was placed on the IAL because it actively seeks Singaporean users and has features that could be misinterpreted to mean it is licensed by the regulator.

Exchanges cautioned to be on high alert in preparation to freeze assets should the hacker attempt to cash out.

On-chain detective, ZachXBT, tackled misinformation on a Twitter thread regarding spoofed transactions, misplaced blame, and false identification by exchanges.

Amid waning user trust in exchanges in the wake of the FTX collapse, Buterin discusses how CEXs can cryptographically prove solvency.

A bankruptcy statement by new FTX CEO John Ray said he has never in his career seen "such a complete failure" of corporate controls.

Upbots had stored part of its liquidity on FTX and tokens on Alameda; it announced plans to mitigate exposure to the companies' collapse.



