The move higher was in line with a CoinDesk analysis on Tuesday, as a five-month low in a sentiment index and a large-scale liquidation event indicated assets were likely oversold and could see relief in the short term.
A confidential crisis management document drafted by OKX offers a fascinating insight into how one exchange choreographs its response when news breaks about regulatory failures.
Bankman-Fried is currently in the Metropolitan Detention Center, serving a 25-year prison sentence.
The platform gives investors access to cash flows of nearly 1,900 apartments, while helping property owners access capital.
Crypto watchers noticed the popular Solana tool apparently testing its own AMM in early Monday hours, dampening sentiment for tokens of its existing exchange.
Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to access frozen funds.
“At Bitget we strongly believe in supporting the community and everyone contributing towards the growth of crypto,” company CEO Gracy Chen told CoinDesk.
The agency has been plagued with procedural and organizational issues for years.
Bybit CEO has said that the exchange is solvent and withdrawals remain open.