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...
TheCryptoNewsWire
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...
FTX crisis leads to record inflows into short-investment products
The aftermath of FTX’s collapse has soured crypto investor sentiment with "record” inflows into short-investment products last week, said CoinShares....
Genesis denies ‘imminent’ plans to file for bankruptcy
The lending firm claims it's having "constructive conversations with creditors" and plans to resolve the situation without the need for...
On the move: FTX hacker splits nearly $200M in ETH across 12 wallets
Meanwhile, Ethereum users are sending encoded messages to the FTX hacker pleading for a share of funds. The hacker behind...
BOE’s Cunliffe says regulation can save crypto from itself and it’s worth the effort
Blockchain technologies can bring improvements to finance, given a regulatory framework, and links between DeFi and TradFi are being rapidly...
Senate Banking Committee Democrats warn SoFi about meeting its compliance deadline
The committee members, seemingly spurred to vigilance by the FTX debacle, do not see evidence of SoFi Digital Assets shaping...
High sentiment in FTX’s shadow: event recap for Texas Blockchain Summit
Though the mood among many who showed up in Austin was bullish, most commented on the collapse of FTX and...
Data shows traders are slightly bullish even as crypto’s total market cap falls under $800B
The total crypto market cap has dropped under $800 billion, but data highlights a few reasons why some traders are...
Cardano to launch new algorithmic stablecoin in 2023
'Djed' is set to go live in Jan. 2023, after a successful audit and a series of rigorous stress tests...
Crypto Economy’s Market Cap Slides Below $800 Billion for the First Time Since December 2020
The global cryptocurrency market capitalization has dropped below the $800 billion region for the first time in 691 days or...
Chinese Platforms to Test Metaverse Tech During Qatar World Cup 2022 Broadcasts
Several Chinese platforms are introducing metaverse tech in their coverage of Qatar’s 2022 soccer World Cup. The experiences, which will...
