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Sam Bankman-Fried Seeks To Raise $4.9B For FTX

Sam Bankman-Fried reportedly aims to raise $4.9B from investors and other crypto platforms to aid FTX in escaping its liquidity crisis.

Crypto Exchanges Agree With Changpeng Zhao’s Proposal To Publish Proof-Of-Reserves

Several prominent crypto exchanges, including OKX, Bybit, and KuCoin, have announced their plans to publish Proof-of-Reserves to provide full transparency to their customers.

EU Imposes Complete Sanction On Crypto Services To Russia

The EU imposed restrictions on all crypto-related services for Russia-based investors as part of its eighth round of sanctions against Russia.