Day: November 12, 2022

FTX Says It Moved Remaining Funds to Cold Wallets to ‘Mitigate Damage’ After ‘Unauthorized Transactions’

CryptoX – Cryptocurrency Analysis and News Portal “Following the Chapter 11 bankruptcy filings – FTX US and FTX [dot] com initiated precautionary steps to move all digital assets to cold storage,” Miller said. “Process was expedited this evening – to mitigate damage upon observing unauthorized transactions.” Original Source The post FTX Says It Moved Remaining Funds to Cold Wallets to ‘Mitigate Damage’ After ‘Unauthorized Transactions’ appeared first on CryptoX. CryptoX Portal

FTX Says It’s Been Hacked As $383,000,000 in Crypto Appears To Exit Crumbling Exchange

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The crumbling crypto exchange FTX says it’s been hacked. As a flood of users began reporting sudden $0 balances and on-chain analysts began tracking millions of dollars appearing to exit the exchange, FTX general counsel Ryne Miller released a statement on the company’s Telegram channel. “FTX has been hacked. Chat is open. Don’t go to FTX site as it might download Trojans. Note that some funds were retrieved.” Miller also released a statement on Twitter. “Investigating abnormalities with wallet movements related to consolidation of ftx balances across exchanges – unclear…

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Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco

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The fall of major crypto ecosystems — such as FTX and Terra (LUNA) — this year highlighted the importance of transparency around the true reserves held by crypto exchanges and businesses. Amid the ongoing fear, uncertainty and doubt (FUD) across the crypto space, crypto exchange Bitfinex revealed its proof of reserves to the general public. Over the past few days, major crypto exchanges, including Binance, OKX, Kucoin and Crypto.com, committed to sharing their proof of reserve to regain investor confidence. Walking the talk, Bitfinex CTO Paolo Ardoino shared the list…

FIFA Unveils Range of New Web 3․0 Games Ahead of FIFA World Cup Qatar 2022™ – Press release Bitcoin News

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press release PRESS RELEASE. FIFA has unveiled a portfolio of new future-focussed web 3.0 games to entertain and engage a wider group of fans ahead of FIFA World Cup Qatar 2022™. Gaming and esports are some of the fastest-growing opportunities for FIFA as it continues to expand into new digital spaces, platforms and games that are already welcoming football fans on to them. With the communities growing organically, FIFA is expanding into new digital spaces – having earlier this year launched a landmark Roblox experience. The new gaming integrations, all…