FTX collapse: A timeline of events as they unfold
Documentation of the events around the failure of the cryptocurrency exchange FTX.
Ogechi Nelson
Bankman-Fried reportedly used billions in FTX funds to bail Alameda Research
This follows previous reports that FTX trades with users' funds.
Cryptocurrency exchanges are promising to publish proof-of-reserves
At least nine leading exchanges have made commitments to publish their reserve certificates following the insolvency fears at FTX.
Nigerian blockchain association launches BACFID to support local innovators
The platform seeks to provide access to funding and support to local blockchain and crypto entities.
Central banks need to adopt blockchain technology, says Nigeria’s vice president
He also encouraged Nigerian regulators to develop policies and regulations that foster the development of the crypto and blockchain space
Nigerian blockchain association asks Nigeria’s central bank to review its anti-crypto directive
The association also urged the regulators in the country to adopt a multi-stakeholder engagement strategy to develop progressive policies and regulations.
Buycoins parent company Helicarrier acquires stake in crypto savings app Accrue
Accrue was founded by ex-Helicarrier employees, and Helicarrier was the first investor in Accrue.