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GBTC next BTC price black swan? — 5 things to know in Bitcoin this week

November 21, 2022 by

Bitcoin price rumors abound as GBTC comes in for a dose of cold feet thanks to FTX.

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FTX hacker dumps 50,000 ETH, still among top 40 Ether holders

November 21, 2022 by

The FTX wallet drainer address has been meticulously swapping assets and using bridges to launder stolen funds.

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The FTX collapse not enough to break crypto community’s spirit: IBW 2022

November 21, 2022 by

Istanbul Blockchain Week was held in Turkey, and Cointelegraph attended to experience the impact of the FTX collapse firsthand — the result was unexpected.

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Disney brings back Bob Iger as CEO: Here’s the crypto connection

November 21, 2022 by

Since leaving The Walt Disney Company, Bob Iger has been acting as an advisor and board member for the digital avatar platform Genies.

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Billionaire investor Bill Ackman says ‘crypto is here to stay’

November 21, 2022 by

Bill Ackman’s conviction on crypto comes as much of the community attempts to regain confidence in the industry following the FTX fallout.

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Nifty News: Chinese firms to offer World Cup metaverse viewings, X2Y2 backtracks on royalties, and more

November 21, 2022 by

In early November the Chinese government made an ambitious plan to boost the nation’s VR industry, now it seems local tech companies are using the World Cup to test-run their products.

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Vitalik Buterin offers lessons for crypto in wake of the FTX collapse

November 21, 2022 by

Ethereum co-founder Vitalik Buterin said the collapse of FTX has illustrated once again that the problem lies in people, not technology.

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Celsius had ‘insufficient’ accounting and operational controls, says examiner

November 21, 2022 by

The examiner revealed that Celsius’ digital assets in its customer’s Custody wallets account officially became underfunded on Jun. 11.

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Crypto sleuth debunks 3 biggest misconceptions about the FTX hack

November 21, 2022 by

Blockchain detective ZachXBT has provided evidence refuting recent speculation about the identity of the FTX hacker and their supposed memecoin activity.

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Getting funds out of FTX could take years or even decades: Lawyers

November 20, 2022 by

The complexities that come with digital assets, cross-border insolvency and competing jurisdictions could add years to the timeline.

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FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing

November 20, 2022 by

Not much is known about who these creditors could be, as names and personal information were redacted from the published document.

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FTX fiasco means coming consequences for crypto in Washington DC

November 20, 2022 by

Congress should avoid engaging in a moral panic and instead produce legislation that produces clarity for the cryptocurrency industry.

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TON, TWT, CHZ and QNT breakout amid traders’ crypto contagion fears

November 20, 2022 by

Bitcoin price is stuck in a tight range, but TON, CHZ, QNT and TWT caught a bid in the past week.

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FTX funds on the move as thief converts thousands of ETH into Bitcoin

November 20, 2022 by

According to Chainalysis, “Reports that the funds stolen from FTX were actually sent to the Securities Commission of The Bahamas are incorrect.”

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GBTC Bitcoin discount nears 50% on FTX woes as investors stock up

November 20, 2022 by

GBTC shares keep getting cheaper versus Bitcoin — an ideal reason to buy for ARK Invest and Lawrence Lepard.

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South Korea investigates crypto exchanges for listing native tokens

November 20, 2022 by

Initial investigations revealed that all crypto exchanges performed lawful operations across South Korea. However, Flata Exchange is suspected of listing its in-house token, FLAT, in January 2020.

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Bankrupt crypto exchange FTX begins strategic review of global assets

November 20, 2022 by

FTX debtors are in talks with finserv firm Perella Weinberg Partners for various sale or reorganization attempts. However, the engagement of PWP is subject to the bankruptcy court’s approval.

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American CryptoFed registration at risk as SEC alleges filing anomalies

November 20, 2022 by

The SEC instituted administrative proceedings against American CryptoFed to determine the issuance of a stop order which would retract its registration and bar sales of in-house tokens, Ducat and Locke.

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FTX collapse won’t impact everyday use of crypto in Brazil: Transfero CEO

November 20, 2022 by

The fall of FTX undoubtedly hurt investor sentiment toward crypto, but it won’t change its popularity as a means for cross-border transactions.

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Ripple to consider deals for FTX assets: Brad Garlinghouse

November 20, 2022 by

Brad Garlinghouse, CEO of Ripple, said the company would be interested in companies owned by FTX that serve business customers.

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FTX bankruptcy filing details, Binance’s crypto industry fund and a U.S. CBDC pilot: Hodler’s Digest, Nov. 13-19

November 19, 2022 by
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FTX illustrated why banks need to take over cryptocurrency

November 19, 2022 by

Banks should embrace crypto as a way to mitigate risk and prevent losses that consumers at the hands of rogue crypto exchanges.

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Crypto community reacts to mainstream media coverage of FTX’s implosion: criticism, misogyny and more

November 19, 2022 by

The crypto community has criticized Forbes magazine for dubbing Caroline Ellison “Queen Caroline” and “a new darling of the alt-right.”

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Singapore police warn investors against FTX phishing scams: Report

November 19, 2022 by

FTX has an estimated $8 billion hole in its balance sheet. Investors desperate to get their money back are being targeted by phishing scams.

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I predicted FTX’s collapse a month before it happened

November 19, 2022 by

There were ample warning signs to tip investors off to problems behind the scenes at FTX.

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Decentralization index from Cardano builder, U of Edinburgh will help users understand assets

November 19, 2022 by

In an industry first, Input Output Global and the Scottish university will provide continuous tracking of digital assets by a methodology that has yet to be determined.

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Is DOGE really worth the hype even after Musk’s Twitter buyout?

November 19, 2022 by

Though Dogecoin has seen a near 45% rally over the past month, its use cases remain limited, especially given that it can’t interact with smart contracts.

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Proof-of-reserves: Can reserve audits avoid another FTX-like moment?

November 19, 2022 by

Crypto exchanges are actively releasing proof-of-reserves audits in order to build transparency but experts believe it would take more than that to regain investor trust.

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What are soulbound tokens (SBTs) and how do they work?

November 19, 2022 by

Soulbound tokens (SBTs) refer to digital identity tokens that represent the characteristics or reputation of a person or entity.

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Bitcoin sees record Stock-to-Flow miss — BTC price model creator brushes off FTX ‘blip’

November 19, 2022 by

Bitcoin price action since FTX “feels like the world has ended,” says Stock-to-Flow creator PlanB.

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