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Crypto Industry Participants Field Questions from UK Lawmakers After FTX Collapse
14.11.2022
In an evidence inquiry session on crypto held by the Treasury Committee, the industry addressed negative questions, with some calling for more regulatory clarity
Crypto Lender BlockFi Updates Users on Platform, FTX Exposure
14.11.2022
BlockFi said withdrawals remain paused, and denied rumours that most of its assets being custodied on fTX
Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX
14.11.2022
After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on FTX, another crypto asset management firm called Ikigai detailed that “a large majority of the hedge fund’s total assets” were stored on FTX. Ikigai chief investment officer, Travis...
FTX Hack or Inside Job? Blockchain Experts Examine Clues and a ‘Stupid Mistake’
14.11.2022
Insolvent crypto exchange FTX suffered a $600 million exploit late Friday after filing for bankruptcy protection
FTX’s Failure Is Sparking a Massive Regulatory Response
14.11.2022
Lawmakers, regulators and criminal investigators are looking into FTX’s collapse, and Sam Bankman-Fried’s tweets aren’t helping
Solana Foundation Invested in FTX, Held Millions in Sam Bankman-Fried-Linked Cryptos on Exchange
14.11.2022
The Solana Foundation had deep financial ties with Sam Bankman-Fried's shattered empire
Digital Asset Manager Valkyrie Lays Off 30% of Staff: Bloomberg
14.11.2022
The provider of crypto exchange-traded funds has trimmed its 23-person workforce
After FTX: Rebuilding Trust in Crypto’s Founding Mission
14.11.2022
For an industry built on the principle of decentralization, we had a lot of trust in one 30-year-old. Understanding why is key to a more sustainable future for crypto
Inaugural GAM3 Awards to honor the best web3 games of 2022
14.11.2022
Following the announcement, a representative confirmed that the venture capital firm Bitkraft would also be joining as a partner and member of the jury
US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins
14.11.2022
According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed to freeze the PAXG tokens after “direction from U.S. federal law enforcement.” Paxos...
Yuga Labs Acquires Beeple's WENEW and its Flagship NFT Collection, 10KTF
14.11.2022
The parent company behind Bored Ape Yacht Club adds to its growing portfolio of popular non-fungible (NFT) projects
Turkish Law Enforcement Investigating FTX's Local Arm Following Wipeout
14.11.2022
Turkey's Financial Crimes Investigation Agency said it is looking into people, institutions, banks and crypto service providers with ties to FTX.com after its swift collapse last week
Kevin O’Leary Says Comments From Gensler Killed His Attempts to Help Save FTX
14.11.2022
The prolific entrepreneur discusses his last conversation with Sam Bankman-Fried the day before FTX went bankrupt and why its collapse isn’t the end for crypto
Tamadoge, Binance Coin, and Uniglo.io named the three best DeFi projects in 2022 – Can GLO succeed with its dual-burn?
14.11.2022
Recent analysis suggests GLO, BNB, and TAMA could be the best options for your portfolio over the next few months. Some say GLO is the pick of the bunch and could be ready to explode in price despite worsening overall market conditions. If you want a bear-market buster ready for growth no matter...
Xenoblade Chronicles 3 Stuns With 2022 GOTY Game Awards Nomination
14.11.2022
After guessing that Nintendo Switch hit Xenoblade Chronicles 3 would be the biggest snub at the 2022 Game Awards, stunned Xeno-heads and Tetsuya Takahashi-stans can’t believe it. Geoff Keighley revealed on Monday that it is actually one of the six finalists for his show’s Game of the Year category...
Bitget Prepares 5 Million USD Builders Fund to Help Users Distressed by FTX Collapse
14.11.2022
PRESS RELEASE. Nov 14th, 2022 – Leading global cryptocurrency exchange Bitget announces that it has set aside a 5 Million USD worth of Builders’ Fund, aiming to help those affiliates, influencers and professional traders who are distressed by the FTX collapse. The market witnessed...
Crypto Fund Inflows Surged Last Week as Investors Bought FTX-Induced Dip
14.11.2022
The largest inflows in 14 weeks, at $42 million, coincided with the crypto market's sharp downturn, triggered by the swift collapse of once-billionaire Sam Bankman-Fried’s business empire
Bitcoin Miner Bitfarms Pays Down $27M of Debt
14.11.2022
The miner is trying to improve its liquidity during the crypto bear market
Effective Altruism: Former FTX CEO’s Alleged $40M Penthouse Listed for Sale, Report Says Firm Spent $74M on Real Estate
14.11.2022
In light of a recently published real estate listing, former FTX CEO Sam Bankman-Fried (SBF) is reportedly selling a 12,000-square-foot penthouse in the Bahamas for $39.9 million. Moreover, reports further detail that FTX Property Holdings spent roughly $74 million on real estate purchases in...
The Key to Taxing Digital Assets Is Finding the Right Cubbyhole
14.11.2022
The government may write special rules regarding the treatment of the new asset within the cubbyhole, but there will be an existing tax bucket for every new idea, says KPMG's Tony Tuths