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Binance to Relaunch Bid for Bankrupt Lender Voyager: Source
17.11.2022
The previous Voyager sale saw FTX emerge as the “white knight,” beating out Binance
Australia Suspends Financial Services License of Local FTX Entity
17.11.2022
Australia’s securities regulator has suspended the license of the Australian unit of the bankrupt crypto exchange FTX until mid-May. According to an issued statement, the platform will be allowed to provide limited financial services until Dec. 19 in order to terminate existing derivatives....
Ether Staking Yields Jump Up to 25%; All-Time High Since Merge
17.11.2022
Staking ether on Lido pays out 10% annualized, while a more elaborate strategy bumps yield to as much as 25%
El Salvador's President Nayib Bukele and Tron's Justin Sun to Buy One Bitcoin Every Day
17.11.2022
Bukele and Sun commit to buy one BTC every day, starting from Thursday amid fears that crypto exchange FTX's recent collapse would prolong the ongoing crypto winter
Investment Firm Paradigm Still Optimistic About Crypto — Says ‘Issues at FTX Are Precisely Ones Defi Can Solve’
17.11.2022
Investment firm Paradigm is still optimistic about crypto’s potential following the collapse of FTX. “The blowup of FTX has caused some to question crypto’s value. But the issues at FTX are precisely ones that decentralized finance [defi] can solve through increased transparency...
Temasek Says Its FTX Investment Is Now Worth Zero
17.11.2022
The Singaporean investment fund said it conducted 8 months of due diligence on FTX in 2021 before buying a 1% stake in the exchange
Berkshire’s Charlie Munger Likes the Fed, Hates Bitcoin Promoters, Calls Tesla’s Success a Miracle
17.11.2022
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, has commented on the collapse of crypto exchange FTX, stating that “it is partly fraud and party delusion.” Noting that “the country did not need a currency that’s good...
First Mover Asia: Bitcoin Sinks Amid Crypto's Latest Debacle
17.11.2022
The widening fallout from FTX, now includes Genesis Global Capital's decision to pause withdrawals. Could TradFi be swept up next in the crisis?
Kevin O’Leary Slammed for Saying He’d Back Former FTX CEO Again — Insists SBF Is a ‘Brilliant’ Crypto Trader
17.11.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says that he would again back Sam Bankman-Fried (SBF), the former CEO of the collapsed crypto exchange FTX. “You can’t be serious,” many people told O’Leary, alleging that SBF is a fraud who stole billions from...
Robert Kiyosaki Says Bitcoin Isn’t the Problem — Calls Former FTX CEO the ‘Bernie Madoff of Crypto’
17.11.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says bitcoin is not the problem following the collapse of cryptocurrency exchange FTX. Kiyosaki believes that former FTX CEO Sam Bankman-Fried is more like the Bernie Madoff of crypto than the Warren Buffett of crypto....
Republicans Secure US House Majority, Will Shift Path for Crypto Bills
17.11.2022
The U.S. Congress will officially be split between the two major parties after results from the Nov. 8 election put a 218th seat in the Republican column, giving that party a majority in the House of Representatives as the crypto industry awaits legislation that could define its future
Crypto Exchange Gemini Suffers $485M Rush of Outflows Amid Contagion Fears
17.11.2022
Gemini suspended its yield-earning program, shaking users’ confidence in the exchange
Bankman-Fried Praises Regulators Hours After Saying 'F*** Regulators'
17.11.2022
Icarus keeps live-tweeting his fall from the Firmament
SEC Enforcement Remains Focused on Crypto — Chair Gensler Says He’s ‘Impressed’ With Enforcement Results
17.11.2022
The U.S. Securities and Exchange Commission (SEC) says its Enforcement Division “remains focused on the rapidly evolving crypto asset securities space.” The securities regulator filed 760 enforcement actions in total this fiscal year. SEC Chairman Gary Gensler commented: “I...
FTX Employees Were Encouraged to Keep Life Savings in the Now-Bankrupt Exchange, Sources Say
16.11.2022
Sources told CoinDesk that FTX was used as a bank by many of its employees. Now, their money is probably gone
Market Wrap: Genesis Withdrawal Suspension Looms Over Cryptocurrencies
16.11.2022
Bitcoin and other cryptocurrencies fell as investors chewed over the industry’s latest debacle. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
California Finance Regulator Moves to Suspend Crypto Lender Salt’s License
16.11.2022
Salt announced on Tuesday it was pausing customer withdrawals due to the impact of FTX’s collapse
Web3 Is Heading to the World Cup
16.11.2022
Virtual lounges for your avatar to watch a livestream of the game? Web3 doesn’t get more meta than the mind-bending plans for the World Cup in Qatar
Sam Bankman-Fried's Frequent Commenting Draws Icy Response From FTX's Restructuring Chief
16.11.2022
The Twitter thread stresses SBF’s resignation from the exchange and affiliated companies
Bahamian Liquidators Say FTX Wasn’t Authorized to File for Bankruptcy in the U.S.
16.11.2022
The bankruptcy proceedings of collapsed crypto exchange FTX are already shaping up to be chaotic – the collective 100-odd companies that filed for bankruptcy last Friday have an estimated one million creditors – but Bahamian liquidators threw another wrench into the process on Tuesday