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White House, US Senators Call for Proper Crypto Oversight
12.11.2022
The White House and members of the U.S. Senate Banking Committee have called for proper cryptocurrency regulation following the collapse of crypto exchange FTX. “Without proper oversight of cryptocurrencies, they risk harming everyday Americans, and this is something that clearly we monitor...
SEC Chair Gensler Discusses Crypto Regulation Following FTX Collapse — Says This Field Is ‘Significantly Non-Compliant’
12.11.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined two paths the agency is taking to regulate the crypto industry. Meanwhile, a U.S. congressman is investigating whether Gensler helped FTX CEO Sam Bankman-Fried and his bankrupt crypto exchange on legal...
Miami HEAT Arena Balks at FTX Naming Rights, Ending 19-Year Deal Early
12.11.2022
Miami-Dade County terminated its relationship with the exchange
Market Wrap: Bitcoin Returns to Red, Tumbling 7% on FTX Collapse
11.11.2022
Other cryptos also fell as investors digested the latest developments in the crypto exchange giant’s unraveling. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Crypto Bank Silvergate Capital Surges on Lack of FTX Exposure
11.11.2022
The lender said it has no outstanding loans nor investments in the bankrupt crypto exchange
GameStop to End FTX.US Ties, Refund Customers
11.11.2022
GameStop customers who have FTX gift cards will be given refunds
FTX's Fall Will Lift the Next Generation of Bitcoin Maximalists
11.11.2022
The Bahamas-based crypto exchange's fall from grace could open the door for die-hard supporters of the most popular digital currency in the industry's ecosystem
Genesis receives additional equity infusion of $140M following recent market events
11.11.2022
According to the company, this will bolster its position as a global leader in crypto capital markets
'Need to update my LinkedIn' — FTX Ventures head resigns: Report
11.11.2022
Amy Wu’s resignation followed the news 134 companies associated with the FTX Group would be filing for bankruptcy under Chapter 11 in the United States
Bankrupt Crypto Lender Voyager Reopens Bidding Process Following FTX’s Collapse
11.11.2022
Voyager Digital is ending the deal to sell itself to FTX US after the latter also declared bankruptcy on Friday
3 key crypto price events to watch in the wake of the FTX and Alameda debacle
11.11.2022
FTX and Alameda’s Ponzi-like trading scheme has dealt a heavy blow to the entire crypto industry. Here are three developments to keep a close eye on
FTX US suspends withdrawals, according to on-chain data
11.11.2022
The development comes less than 24 hours after the platform issued an advisory urging its users to close down trading positions
Billionaires lose billions: What's happening with Elon Musk and Sam Bankman-Fried?
11.11.2022
Sam Bankman-Fried no longer qualifies for a listing on the Bloomberg Billionaires Index, while Elon Musk's reported net worth has dropped by more than $86 billion in recent days
Meet the Metaverse Night Club–Loving Audit Firm That Presided Over FTX’s Financials
11.11.2022
FTX auditor Prager Metis reported the company earned $1 billion in revenues in 2021. An investigation from CoinDesk reveals Prager Metis also operates in Decentraland, where it sponsors the “Decentraland Babydolls.”
Onchain Data Shows FTX US Paused ETH Withdrawals for 2 Hours, Users Complain of Withdrawal Errors
11.11.2022
After FTX International’s parent firm West Realm Shires Services filed for Chapter 11 bankruptcy protection in Delaware, users noticed that FTX US was included in the bankruptcy filings. On the U.S. exchange’s website, the firm notes that “trading may be halted on FTX US in...
From Enron to FTX: Wall Street Turnaround Titan John Jay Ray III Takes Reins from FTX CEO Sam Bankman-Fried
11.11.2022
Sam Bankman-Fried handed over control of his company to the veteran Wall Street bankruptcy lawyer who will guide the company’s Chapter 11 process
Solana Volatility Returns After FTX Bankruptcy, but What Comes Next?
11.11.2022
Solana was grappling with the market contagion. SOL was down 4% in the past 24 hours
Solana TVL drops by almost one-third as FTX turmoil rocks ecosystem: Finance Redefined
11.11.2022
The DeFi market faced the heat of the FTX turmoil as well with majority of tokens and projects registering a blood bath over the past week
Solana’s Wrapped Bitcoin Price Craters After FTX Shuts Exit Ramp
11.11.2022
A Solana-based crypto asset tied to the price of bitcoin collapsed in value Friday after CoinDesk reported that FTX US – the only venue left to exchange it for real bitcoin – had frozen withdrawals
Justin Sun Moved $6M Stablecoins From TrueFi Lending Pools Before FTX-Alameda Bankruptcy
11.11.2022
Bankrupt trading firm Alameda Research has $7.2 million in outstanding debt from a TrueFi credit facility