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Crypto Lender BlockFi Pauses Withdrawals in Wake of FTX Collapse

November 11, 2022 by

Crypto Lender BlockFi said it could not conduct business as normal and would be limiting activity in the wake of FTX’s collapse.

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FTX Collapse Sparks Alarm From US Lawmakers

November 11, 2022 by

A number of lawmakers have called for investigations or clearer regulation in the wake of FTX’s sudden collapse.

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California Financial Regulator Announces FTX Investigation

November 11, 2022 by

California’s Department of Financial Protection and Innovation announced it was investigating FTX in a press release late Thursday.

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FTX Digital Markets Assets Frozen by Bahamian Regulator: Bloomberg

November 10, 2022 by

The Bahamas Securities Commission is seeking a provisional liquidator, according to the report.

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Market Wrap: Cryptos Recover Slightly From FTX Fatigue With a Dose of Encouraging Inflation Data

November 10, 2022 by

Bitcoin, ether and other major altcoins regained lost ground amid fallout from the crypto exchange’s unraveling after an unexpected decline in the consumer price index. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

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Bankman-Fried’s Cabal of Roommates in the Bahamas Ran His Crypto Empire – And Dated. Other Employees Have Lots of Questions

November 10, 2022 by

“The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on the condition of anonymity.

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Coinbase Sheds Roughly 60 Jobs as Cost-Cutting Continues Amid Bear Market

November 10, 2022 by

Coinbase called the latest reductions “isolated and targeted.”

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Revisiting MicroStrategy’s Pain Points as Bitcoin Tumbles

November 10, 2022 by

This week’s plunge in the price of bitcoin again raises questions as to whether Michael Saylor will at some point be forced to sell some or all of his company’s vast holdings.

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Solana’s SOL Surges After Blockchain’s Foundation Delays Plan to Unstake Tokens

November 10, 2022 by

A record amount of SOL was unstaked as investors reclaimed their tokens from the blockchain’s security mechanism. But it could have been a lot more. The SOL price jumped 18%.

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The Role Regulators Played in the FTX Fiasco

November 10, 2022 by

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Tron’s TRX Jumps 140% Amid 1:1 FTX Redemption of Tron-Based Tokens

November 10, 2022 by

FTX announced that Tron-based assets could be moved to external wallets.

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US Justice Department, Regulators Contacted Binance on FTX Talks: Source

November 10, 2022 by

Binance has heard from U.S. agencies and European authorities on its recent interactions with floundering FTX.

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JPMorgan registra una ola de desapalancamiento por los problemas de FTX

November 10, 2022 by

Los estrategas del banco dijeron que el costo de producción de bitcoin podría ser un indicador del fondo del mercado.

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White House Says FTX Crash ‘Underscores’ Crypto Concerns

November 10, 2022 by

The White House said it is keeping an eye on Bahamas-based crypto exchange FTX’s rapidly unfolding liquidity crisis.

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FTX-Backed Crypto Unicorn LayerZero Bought Out Stake

November 10, 2022 by

The interoperability protocol sent out a memo to investors outlining its buyout strategy.

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FTX US Warns of Trading Halt Hours After Bankman-Fried Says It’s ‘100% Liquid’

November 10, 2022 by

FTX US warned that it might halt trading in a banner on its website Thursday.

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‘Never Let a Good Crisis Go to Waste’: CFTC Commissioner Calls on Congress to Act After FTX Debacle

November 10, 2022 by

Kristin N. Johnson discusses the FTX fiasco and why Congress should take a pragmatic approach in closing the regulatory gap.

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Dan Loeb’s Hedge Fund Third Point Among Those in Talks for $9.4B FTX Rescue

November 10, 2022 by

Third Point is part of a group of investors involved in bailout talks for Sam Bankman-Fried’s troubled crypto exchange.

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FTX Violated Its Own Terms of Service and Misused User Funds, Lawyers Say

November 10, 2022 by

Although FTX’s terms of service prevented it from using customer’s crypto, lawyers told CoinDesk that its swift downfall indicates the funds were misused.

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FTX US Resigns From the Crypto Council for Innovation

November 10, 2022 by

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Top FTX Lawyer Orders Documents Preserved as Investigations Ramp Up

November 10, 2022 by

FTX US General Counsel Ryne Miller called the turn of events “disappointing.”

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Sam Bankman-Fried dice que Alameda se retira y promete a los clientes de FTX US que sus fondos “están bien”

November 10, 2022 by

El propietario de la empresa de trading tuiteó las novedades el jueves a la mañana.

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Crypto Conglomerates Require ‘Urgent Regulatory Attention,’ European Watchdogs Say

November 10, 2022 by

The collapse of crypto exchange FTX and resulting turmoil are drawing concern from financial stability guardians.

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FTX Balances Tumbled 87% in 5 Days in Epic Crypto Deposit Run, Data Shows

November 10, 2022 by

A glance at data from Arkham Intelligence shows the behind-the-scenes operational reality that drove billionaire Sam Bankman-Fried’s beleaguered FTX exchange to order a withdrawal halt this week.

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Indian Crypto Exchange Giottus Says It Will Provide Proof of Reserves, While Rivals Remain Silent

November 10, 2022 by

While lesser-known, Giottus is among the top 10 cryptocurrency exchanges in India.

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Crypto Exchange FTX Reopens Withdrawals: Nansen

November 10, 2022 by

Troubled crypto exchange FTX has reopened withdrawals, according to on-chain data provided by Nansen.

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JPMorgan Sees Wave of Crypto Deleveraging From FTX’s Woes

November 10, 2022 by

JPMorgan strategists said bitcoin’s production cost could be an indicator of the market bottom.

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FTX hará una recaudación de fondos la próxima semana

November 10, 2022 by

Lo recaudado podría ser destinado a FTX International y FTX US.

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Wall Street Bank Jefferies Had Concerns About Sam Bankman-Fried in July

November 10, 2022 by

Rich Handler made multiple attempts to meet with the FTX CEO, who he feared would go from rescuer to rescuee.

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Fintech Firm Qenta to Go Public Through SPAC Merger

November 10, 2022 by

Qenta, a fintech firm that tracks precious metals using blockchain technology, will be listed on Nasdaq following a merger with special purpose acquisition company (SPAC) Blockchain Coinvestors Acquisition Corp.

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