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Monitoring Collateral Damage – Kraken & Crypto.com

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After FTX Group and its sister trading firm, Alameda Research, filed for bankruptcy in the United States and suffered a hack on its platform, a firestorm erupted throughout the whole cryptocurrency market that some in the finance industry are even comparing to the 2008 financial crisis. The sudden collapse caused major exchanges such as Kraken …

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Beginning The Shift to Self-Custodial Solutions

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In the wake of the FTX crisis, concerns over centralized cryptocurrency have caused investors to increasingly move to hardware crypto wallets. This move towards self-custody with software and hardware wallets spiked last week following the rumors of FTX insolvency and as exchange outflows reached all-time highs. On 14 November, even Binance CEO Changpeng “CZ” Zhao …

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