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Crypto Fund Sino Global Had Deep Ties to FTX Beyond Equity Investment
19.11.2022
A prominent Asia-based crypto investment firm, Sino holds many of the tokens hardest hit by the unraveling of Sam Bankman-Fried's FTX crypto empire. FTX was also a key partner on a big fund Sino raised with outside investors' capital
Market Wrap: Investors Continue to Learn More About FTX's Mismanagement
19.11.2022
The largest cryptocurrency by market capitalization was recently up about 1% and hovering comfortably over its $16,000 support of the past nine days. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Big Four Company KPMG to Examine New Business Models in the Metaverse
19.11.2022
KPMG, one of the “big four” companies in the consulting and auditing business, is appointing a new head of metaverse futures. The new position, to be occupied by Alyse Sue, will be dedicated to the implementation of technologies such as metaverse and crypto to find fresh business models...
Decentraland DAO Considers Pausing Grants As FTX Collapse Spotlights Diversification
18.11.2022
The metaverse platform’s DAO community treasury holds over 99% of its assets in MANA, Decentraland’s native cryptocurrency
Bitcoin Financial Services Firm Unchained Capital Cutting Staff, Reshuffling Management
18.11.2022
While the company has no exposure to FTX, the extended Bitcoin bear market is taking a toll on parts of the business
Ohio Investment Manager Arrested for Allegedly Running a $10M Cryptocurrency Ponzi Scheme
18.11.2022
The U.S. CFTC had previously taken legal action against the man
Wall Street Banks Seen as Unlikely Saviors as Crypto Firms Struggle
18.11.2022
Crypto true believers say blockchain markets and finance represent an existential threat to the traditional financial industry. But now's probably not the time for Wall Street to gobble up ailing crypto firms, analysts say
FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms
18.11.2022
After the collapse of FTX, a number of journalists reported on the fact that FTX executives deployed significant donations to political leaders in the United States. During the most recent election cycle leading up to the U.S. midterms in 2022, reports claim that Sam Bankman-Fried donated more than...
Say Goodbye to Proprietary Tax Prep Software
18.11.2022
Web3 tax help is a multi-billion dollar opportunity, and a way to plug the gap the government has around tax help and out-compete centralized companies like TurboTax
‘Grayscale Discount’ Widens to Record 43% as FTX Contagion Spreads
18.11.2022
The added pressure comes after Genesis Global Capital – a corporate sibling to bitcoin trust manager Grayscale Investments – halted customer withdrawals from its lending unit this week
Sam Bankman-Fried Cashed Out $300M in Previous Funding Round: WSJ
18.11.2022
In a previously undisclosed detail, most of the $420 million raised in October 2021 went directly to Bankman-Fried, the Journal reported
Sports Fan Tokens Rally Ahead of FIFA World Cup, Defying Crypto Market Gloom
18.11.2022
Socios.com’s CHZ jumped 11% in a day, while fan tokens of national soccer teams of Portugal and Argentina are up 50% and 28%, respectively, amid mounting anticipation for the soccer World Cup
Twitter Spaces: Crypto’s Lehman Moment, What FTX Means for DeFi
18.11.2022
How will FTX’s collapse fuel the case for decentralized finance?
Bitcoin Holds Fast Over 16K, but Crypto Winter Could Be Prolonged
18.11.2022
Bitcoin traded sideways throughout the week but analysts warn that FTX fallout could affect prices for an extended period of time
People Are Still ‘Bullish’ About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto Businesses
18.11.2022
Despite the recent collapse and the exchange filing for bankruptcy protection, crypto traders are still paying more than a U.S. dollar for FTX’s FTT token on Friday, Nov. 18, 2022. FTT was once a top-30 crypto asset, and now the token has no rank on specific coin market aggregation sites...
The Switch's Worst Port Was Fixed By Devs Known For Terrible GTA Remasters
18.11.2022
Back in 2018, the Switch received one of its worst and most unplayable ports in the console’s history, a remarkable distinction given how many rough games are on the platform. You might know it, as it’s a pretty popular first-person open-world survival simulator called Ark: Survival Evolved....
Cardano Is Launching New Privacy Blockchain and Token
18.11.2022
House Subcommittee Chair Calls For Documents as Part of FTX Collapse Probe
18.11.2022
Rep. Raja Krishnamoorthi (D-Ill.) is chairman of the Subcommittee on Economic and Consumer Policy
Crypto’s Very Human Fatal Flaw: Hero Worship
18.11.2022
Misplaced admiration of Sam Bankman-Fried, prior to the FTX collapse, was a natural tendency. To move forward, we must recognize this vulnerability and safeguard with appropriate regulation
Here Are The Best Black Friday Gaming Deals
18.11.2022
It’s that time of year again. The pumpkins have all been smashed, the peppermint is in the mocha, and all Mariah Carey wants for Christmas is you (and her big fat royalty check from Columbia Records). The holiday pre-season is officially upon us, with deals and discounts on a ton of games...