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Argentina’s fan token sinks 31% after World Cup loss against Saudi Arabia
23.11.2022
The price of soccer fan tokens, designed for fan engagement, is seemingly impacted by the on-field performance of teams
US Senators Urge Fidelity to Stop Offering Bitcoin in 401(k) Plans Citing FTX Collapse, ‘Serious Problems’ in Crypto Industry
23.11.2022
Several U.S. senators have called on Fidelity Investments to reconsider allowing bitcoin in 401(k) retirement plans. “The recent implosion of FTX, a cryptocurrency exchange, has made it abundantly clear the digital asset industry has serious problems,” the lawmakers told Fidelity...
'Personal Fiefdom': Some Takeaways From FTX's First Bankruptcy Hearing
23.11.2022
Happy Thanksgiving to my fellow Yankees! For the rest of you, I’m counting on you to keep an eye on Twitter in case someone else files for bankruptcy. But today, we’re looking at FTX’s first bankruptcy hearing
Market Wrap: FTX Was Sam Bankman-Fried’s 'Personal Fiefdom,' Lawyers Said
22.11.2022
The CoinDesk Market Index, bitcoin and ether were all in the green. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’
22.11.2022
According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 billion. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following FTX’s turbulent collapse. Coinbase Co-Founder Shares...
Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Internal Letter
22.11.2022
Former FTX CEO Bankman-Fried did not address concerns about customer funds being misappropriated or other recent revelations about the company
Singapore central bank explains why Binance was on its alert list, but FTX wasn’t
22.11.2022
The Monetary Authority of Singapore had its reasons, and there was nothing more it could have done about the FTX threat any way, just like other national regulators
On-Chain Data Shows Close Ties Between FTX and Alameda Were There From the Start: Nansen
22.11.2022
Niklas Polk, a research analyst at analytics firm Nansen, discusses the firm’s latest report and what on-chain data reveals about the wallets used between FTX and Alameda
Bank of England Warned Consumers About DeFi Risks Following FTX Collapse – Regulation Coming Soon?
22.11.2022
Bank of England (BoE), the UK’s central bank, warned consumers about the risks of using decentralized finance (DeFi) protocols shortly after the crypto exchange FTX collapsed.
The warning from the central bank was given in a speech by Deputy Governor of the Bank of England, Jon Cunliffe, at...
Onchain Research Shows FTX’s Falling BTC, ETH, Stablecoin Balances ‘Suggest Cracks Had Formed as Far Back as June’
22.11.2022
While the analytics firm Nansen published a report that points to the Terra collapse igniting the flames of FTX’s and Alameda Research’s financial problems, onchain data from the intelligence and research firm Glassnode suggests FTX’s “cracks had formed as far back...
FTX Bankruptcy Judge Says Creditor Information Can Be Redacted – at Least For Now
22.11.2022
FTX creditors concerned about their names and other personal information being disclosed as part of the crypto exchange’s bankruptcy proceedings can breathe a sigh of relief – at least temporarily
US Senators Ask Fidelity to Reconsider Bitcoin 401(k) Offerings Following FTX Collapse
22.11.2022
"The ill-advised, deceptive, and potentially illegal actions of a few have a direct impact on the valuation of Bitcoin and other digital assets," the letter read
'Substantial amount' of FTX's assets stolen or missing — bankruptcy counsel
22.11.2022
“We’re not just talking about crypto assets, or cash assets, or physical assets — we’re also talking about information, and information here is an asset,” said James Bromley
Lawyers Detail the ‘Abrupt and Difficult’ Collapse of FTX in First Bankruptcy Hearing
22.11.2022
“You have witnessed probably one of the most abrupt and difficult collapses in the history of corporate America,” an attorney for FTX said during the company’s first bankruptcy hearing on Tuesday
Bahamas FTX Liquidators Agree to Transfer Bankruptcy Case to Delaware
22.11.2022
Court-appointed liquidators for collapsed FTX in the Bahamas had filed a separate suit in a New York court, while the exchange had filed for bankruptcy in Delaware
News Summary: Indian CBDC Pilot to Launch Within a Month, Three Arrested for Major Crypto-related Crimes, EQONEX Files for Debt Restructuring
22.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: News Summary: Indian CBDC Pilot to Launch Within a Month, Three Arrested for Major Crypto-related Crimes, EQONEX Files...
FTX Co-Founder Sam Bankman-Fried Faces US Extradition, Bankruptcy Court Says Top Execs Won’t Be Compensated
22.11.2022
According to a report citing three people familiar with the matter, the former FTX CEO Sam Bankman-Fried (SBF) may be extradited to the United States for questioning. After it was alleged that SBF transferred $10 billion in customer funds to Alameda Research, the company’s financials show between...
Who Is Gary Wang, the Mysterious Co-Founder of FTX and Alameda?
22.11.2022
Not much is known about Bankman-Fried’s close confidant – the co-founder of both FTX and Alameda Research
Who's Who in the FTX Inner Circle
22.11.2022
FTX collapsed. These players held the keys
Crypto Didn’t Fail FTX; People Did
22.11.2022
Decentralization was, and still is, the answer, says the co-founder of NEAR Protocol