🚫FTX abandons plans to restart after bankruptcy due to insufficient funding.
💰XRP prices swing after co-founder's crypto wallets are hacked, resulting in a temporary price drop.
🔒Ripple co-founder clarifies that it was his personal accounts that were accessed, not a hack of Ripple itself.
🌐Former British Finance Minister George Osborne joins Coinbase as a global advisor.
🌱S&P Global Ratings launches stable coin stability assessment to evaluate and rank different stable coins.
Why did FTX cancel plans to restart?
—FTX was unable to secure enough funding from potential investors to rebuild the exchange after bankruptcy.
What caused the fluctuation in XRP prices?
—XRP's price dropped temporarily after a hacking incident involving the co-founder's crypto wallets.
Was the Ripple platform hacked?
—No, it was clarified by the Ripple co-founder that his personal accounts were accessed, not a hack of Ripple itself.
Who has joined Coinbase as a global advisor?
—Former British Finance Minister George Osborne has joined Coinbase as a global advisor.
What is the purpose of S&P Global Ratings' stable coin stability assessment?
—The assessment aims to evaluate and rank the stability of different stable coins in the market.
00:00FTX reportedly abandons plans to restart after bankruptcy due to insufficient funding.
00:26XRP prices fell temporarily after a hacking incident involving the co-founder's crypto wallets.
01:00Ripple co-founder clarifies that his personal accounts, not Ripple itself, were accessed.
01:48Former British Finance Minister George Osborne joins Coinbase as a global advisor.
09:12S&P Global Ratings launches stable coin stability assessment to evaluate and rank different stable coins.
