FTX ordered to pay reimbursement fees to Bahamian regulators
The Bahamian Securities regulator was ordered to offer custody for digital assets belonging to bankrupt crypto exchange FTX on Nov....
Month: November 2022
Industry expresses confidence in the NFT space amid the FTX collapse
NFT artist Johnathan Schultz believes that the era of NFTs without utility is dwindling, and to survive, it must outgrow...
Cathie Wood’s ARK Invest adds more Bitcoin exposure as GBTC, Coinbase stock hit new lows
ARK Invest scoops up bargains as Coinbase shares hit all-time lows and GBTC trades at a near-50% discount to the...
Hong Kong believes stablecoin volatility can spillover to traditional finance
According to Hong Kong’s central bank, the interconnection of crypto assets has made the crypto ecosystem more vulnerable to systematic...
SBF, FTX execs reportedly spend millions on properties in the Bahamas
At least 19 properties worth around $121 million were reportedly purchased under FTX's name, Sam Bankman-Fried’s parents and senior-level executives....
Sam Bankman-Fried deepfake attempts to scam investors impacted by FTX
A faked video the FTX founder created by scammers has circulated on Twitter with users poking fun at its poor...
Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs
The Texas State Securities Board is scrutinizing payments received by celebrities to endorse FTX US, as part of a wider...
Iris Energy to cut mining hardware after defaulting on $108M loan
The Australian mining firm has had to unplug hardware that was producing "insufficient cash flow" to service its "debt financing...
HashFlare founders arrested in ‘astounding’ $575M crypto fraud scheme
The HashFlare founders have been charged for their alleged involvement in a crypto fraud and money laundering conspiracy. The two...
US Senate committee schedules FTX hearing for Dec. 1, CFTC head to testify
The hearing, titled 'Why Congress Needs to Act: Lessons Learned from the FTX Collapse', will be one of the first...
Lido fundamentals shine even as the wider crypto market struggles to regain traction
Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users...
Federal Reserve Bank President Says ‘Entire Notion of Crypto Is Nonsense’
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says crypto exchange FTX isn’t “one fraudulent company in...
Ethereum Co-Founder Vitalik Buterin Discusses FTX Collapse — Says ‘Centralized Anything Is by Default Suspect’
Ethereum co-founder Vitalik Buterin says many people in the Ethereum community see the FTX collapse “as a validation of things...
Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals
Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s...
Uniswap’s new privacy policy sees backlash from decentralization buffs
Uniswap newly released privacy policy comes in light of the FTX crisis, an event that has shined a spotlight on...
