FTX.US General Counsel Ryne Miller said that assets had been moved to cold storage to mitigate damage upon observing unauthorized transactions.
Musk urged crypto users to take custody of their assets during the discussion.
John J. Ray III will replace Sam Bankman-Fried as CEO. FTX Ready for Chapter 11 FTX is filing for bankruptcy.
The Consumer Price Index declined by 40 basis points in October. Inflation Cools to 7.7% U.S.
Alameda Research is shutting down, Sam Bankman-Fried has confirmed. FTX CEO SBF Says Sorry Alameda Research is winding down its operations.
It comes after a new report has alleged that Sam Bankman-Fried moved $4 billion worth of FTX funds to save Alameda Research.
Yet another disaster has hit the crypto space, but there are reasons to stay positive, Chris Williams writes.
Solana has faced many challenges this year, but Breakpoints Games Day showed that the Solana GameFi ecosystem has huge potential.
Solana is one of several Layer 1 networks to have suffered in the enduring crypto winter. But clearer skies may be ahead, Chris Williams writes.
Many Ethereum-related tokens are outpacing ETH in the latest market rally.
