Yield App, a platform for earning interest, buying, and swapping cryptocurrencies, announced on social media platform X Friday the suspension of all activities in preparation
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Crypto platform Yield App shuts down citing FTX losses
Yield App halts operations, citing losses from FTX exposure, despite previous assurances of no significant impact.
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Ripple CEO Blasts SEC Chair’s Crypto Remarks — Says ‘Gensler Will Cause Biden to Lose the Election’
Ripple CEO Brad Garlinghouse has criticized SEC Chair Gary Gensler’s recent statements on the crypto industry, calling them “absolute nonsense.” The executive argued that Gensler’s
Read moreCash or crypto? FTX creditors to vote on how they're paid back
FTX lawyers stressed that in-kind crypto payouts would clash with bankruptcy laws but several creditors feel shortchanged by the proposed cash repayments plan.
Read moreFTX Seeks Customer Consensus: Multi-Billion Dollar Compensation Plan Goes To Vote
FTX, the failed crypto exchange, will seek customer approval for its Chapter 11 plan to compensate victims and resolve government penalties stemming from the platform’s
Read moreCentralized crypto exchanges are key for mass adoption, despite FTX collapse
Hybrid, non-custodial exchanges could help restore industry trust in crypto but CEXs remain key for onboarding new users.
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