News Explorer — FTX Collapse Boosted Adoption of Crypto Self Custody

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May 2, 1:00 pm

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FTX Collapse Boosted Adoption of Crypto Self Custody

The FTX collapse has caused many to reconsider their crypto storage methods, with many now opting for self-custody. Companies that provide devices for self-custody have seen a surge in sales, however, this method of storage carries a risk of permanent loss if the private key and recovery phrase are misplaced.

The FTX collapse has caused many to reconsider their crypto storage methods, with many now opting for self-custody. Companies that provide devices for self-custody have seen a surge in sales, however, this method of storage carries a risk of permanent loss if the private key and recovery phrase are misplaced.

Latest

Nov 22, 4:20 am

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Apple Devices Face Remote Code Vulnerability Leaving Crypto Users Exposed

Apple devices were vulnerable to a remote code execution exploit through web-based JavaScript, potentially exposing user... Read Summary

Nov 22, 3:19 am

Decrypt

Solana Hits New All-time High Above $260 as Tailwinds Blow Crypto Market Higher

Solana (SOL) broke its all-time high price record, surpassing $260 on Thursday, following news of SEC Chairman Gary Gens... Read Summary

Nov 22, 2:52 am

Decrypt

MicroStrategy's Stock Drops 16% as Concern Mounts Over Its 'Detached' Valuation

MicroStrategy's stock plummeted 16% to $397.28 after Citron Research disclosed a short position against the company whil... Read Summary

Nov 21, 10:53 pm

Decrypt

Charles Schwab Intends to Enter Spot Crypto Market Pending Regulatory Clarity: Report

Charles Schwab plans to expand into the spot crypto market once U.S. regulations become clearer, according to incoming C... Read Summary

Nov 21, 8:10 pm

Decrypt

Federal Judge Strikes Down SEC Crypto Rule Minutes After Gary Gensler Resigns

A federal judge in Texas ruled the SEC's expansion of securities law to include DeFi as unlawful. The Blockchain Associa... Read Summary

Nov 21, 4:07 pm

Decrypt

Sui Network Back Online After Downtime as Token Price Sags

Sui, a blockchain by Mysten Labs, faced a major outage due to a bug in transaction scheduling logic, causing validators... Read Summary

Nov 21, 3:42 pm

Decrypt

Not a Very Chill Guy: Artist Threatens Legal Action After Unauthorized Meme Coin Skyrockets

The artist behind the "Just a Chill Guy" meme, Phillip Banks, has threatened legal action against meme coins using his a... Read Summary

Nov 21, 12:31 pm

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Former Head of China's CBDC Project Expelled From Party Over Bribes: Report

Yao Qian, former head of China's CBDC research project, has been expelled from the Chinese Communist Party and removed f... Read Summary

Nov 21, 12:23 pm

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ANON Token Skyrockets After Ethereum Creator Vitalik Buterin Buys In

Anoncast's token surged 350% after Ethereum co-founder Vitalik Buterin swapped 0.082 ETH for 30,303 ANON tokens. The project allows users with 20,000 ANON tokens to make anonymous posts on Farcaster. Read Summary

Nov 21, 9:16 am

Coindesk

BitGo Launches in Singapore After Securing License

BitGo has officially launched its services in Singapore after receiving a Major Payment Institution License from the Mon... Read Summary

Nov 21, 5:51 am

Decrypt

Sotheby's Auctions Banana Artwork 'Comedian' for $6.24 Million to None Other Than Justin Sun

Maurizio Cattelan's duct-taped banana art piece, Comedian, sold for $6.24 million at Sotheby's auction, surpassing its $... Read Summary

Nov 21, 5:29 am

Decrypt

Floki's Upcoming Listing on Coinbase Pushing Up Trading Volume, Spurs Trading Fervor

Floki, the dog-themed coin, is set to be listed on Coinbase, causing a surge in trading volume and a 15% price jump. The... Read Summary

Nov 21, 5:03 am

Decrypt

Bitcoin's Price Surges Beyond $97,000 as Traders Eye Six-Figure Price

Bitcoin has surged past $97,000, triggering $100 million in liquidations, mostly from short sellers. The market remains rational and deliberate, with futures showing no signs of overheating. Read Summary

Nov 21, 2:14 am

Decrypt

Just a Chill Guy Token Surges as Dogecoin, Other Meme Coins Wobble

Dogecoin's momentum has slowed down after reaching a three-year high, with a 0.5% drop in 24 hours and a 2.5% decrease s... Read Summary

Nov 21, 12:48 am

Decrypt

Bitcoin Price Cements New Record High at $95,000 on Coinbase

Bitcoin reached a new all-time high of $95,000, with $78 billion in trading volume within 24 hours. The surge followed t... Read Summary