Tag: crypto crash

According to local media reports, Hong Kong police have arrested two executives of cryptocurrency exchange AAX on charges of fraud and deceiving the police.

Daily crypto trading volume on Binance fell to $9.39 billion on December 23, the lowest level since October 2020, according to data from Nomics.

SEC said that if companies had a stake in recent disasters, they should be frank with investors.

FTX CEO Sam Bankman-Fried said he would postpone his investment in political activities after the bold statement to spend up to $1 billion in the 2024 U.S. Presidential election.

Terra, Three Arrows Capital, and consecutive collapses of crypto institutions have dyed the market red throughout Q2. Although gradually rebounded in July, overall, the crypto space could not fully recover soon.

With the risk of facing many legal battles with creditors, Three Arrows Capital has transferred a large number of its stablecoins to KuCoin, according to a recent report.

2022 has witnessed the number of Bitcoin millionaires drop by more than 75% since November last year.

An analyst had a close track of the market and predicted a significant retracement for Bitcoin (BTC) and altcoins, which will drive the total crypto market cap to sink below the $1 trillion level.