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US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up

November 22, 2022 by

The crypto-skeptic senators suggested the FTX collapse made it “abundantly clear” that the digital asset industry has “serious problems.”

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Uniswap’s new privacy policy sees backlash from decentralization buffs

November 22, 2022 by

Uniswap newly released privacy policy comes in light of the FTX crisis, an event that has shined a spotlight on the need for transparency.

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Iris Energy to cut mining hardware after defaulting on $108M loan

November 22, 2022 by

The Australian mining firm has had to unplug hardware that was producing “insufficient cash flow” to service its “debt financing obligations.”

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HashFlare founders arrested in ‘astounding’ $575M crypto fraud scheme

November 22, 2022 by

The HashFlare founders have been charged for their alleged involvement in a crypto fraud and money laundering conspiracy.

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FTX crisis leads to record inflows into short-investment products

November 22, 2022 by

The aftermath of FTX’s collapse has soured crypto investor sentiment with “record” inflows into short-investment products last week, said CoinShares.

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Genesis denies ‘imminent’ plans to file for bankruptcy

November 22, 2022 by

The lending firm claims it’s having “constructive conversations with creditors” and plans to resolve the situation without the need for a bankruptcy filing.

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On the move: FTX hacker splits nearly $200M in ETH across 12 wallets

November 22, 2022 by

Meanwhile, Ethereum users are sending encoded messages to the FTX hacker pleading for a share of funds.

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Senate Banking Committee Democrats warn SoFi about meeting its compliance deadline

November 21, 2022 by

The committee members, seemingly spurred to vigilance by the FTX debacle, do not see evidence of SoFi Digital Assets shaping up the way the Fed ordered.

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High sentiment in FTX’s shadow: event recap for Texas Blockchain Summit

November 21, 2022 by

Though the mood among many who showed up in Austin was bullish, most commented on the collapse of FTX and the drop in the price of Bitcoin.

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Data shows traders are slightly bullish even as crypto’s total market cap falls under $800B

November 21, 2022 by

The total crypto market cap has dropped under $800 billion, but data highlights a few reasons why some traders are bullish.

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Cardano to launch new algorithmic stablecoin in 2023

November 21, 2022 by

‘Djed’ is set to go live in Jan. 2023, after a successful audit and a series of rigorous stress tests

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BOE’s Cunliffe says regulation can save crypto from itself, and it’s worth the effort

November 21, 2022 by

Blockchain technologies can bring improvements to finance, given a regulatory framework, and links between DeFi and TradFi are being rapidly cemented already, Cunliffe said.

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US Senate committee schedules FTX hearing for Dec. 1, CFTC head to testify

November 21, 2022 by

The hearing, titled ‘Why Congress Needs to Act: Lessons Learned from the FTX Collapse’, will be one of the first in which U.S. lawmakers explore what happened with the exchange.

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Lido fundamentals shine even as the wider crypto market struggles to regain traction

November 21, 2022 by

Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users and Ethereum stakers.

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The nightmare continues for Sam Bankman-Fried and FTX — Law Decoded, Nov. 14-21

November 21, 2022 by

The founder of FTX provoked the withdrawal of his legal team and now faces the possibility of extradition to the United States.

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Price analysis 11/21: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

November 21, 2022 by

Crypto markets have started the week on a weak note, suggesting that buyers remain skeptical about buying any significant dips.

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Kenyan legislation establishes crypto taxation, creates consumer protections

November 21, 2022 by

The country’s first effort at crypto regulation amends the country’s Capital Markets Law to define crypto as a security and establish reporting, tax and other requirements.

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My story of telling the SEC ‘I told you so’ on FTX

November 21, 2022 by

I asked the SEC to take public comments on issues related to cryptocurrency custodians and intermediary conflicts. The SEC declined to take my advice, and FTX fell apart soon after.

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FTX Japan plans to resume withdrawals by 2023: Report

November 21, 2022 by

Japan’s Financial Services Agency requested the exchange suspend business orders on Nov. 10 prior to FTX Group declaring bankruptcy in the United States.

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Bitcoin price levels to watch as traders bet on sub-$14K BTC

November 21, 2022 by

Bitcoin bear market lows come in various shapes and sizes but BTC price is due to dip further, many analysts say.

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FTX showed the value of using DeFi platforms instead of gatekeepers

November 21, 2022 by

FTX reminded us that users need strong decentralized platforms to conduct their business — not gatekeepers capable of misusing their funds.

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Serum price soars 140% in one week amid FTX ‘exit pump’ fears

November 21, 2022 by

FTX exposure risk has not stopped Serum price from a massive rally despite major cryptocurrency exchanges delisting SRM.

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Election tally: Does blockchain beat the ballot box?

November 21, 2022 by

With election integrity under assault in the United States and elsewhere, is blockchain technology part of the solution? Greenland explores voting options.

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First official DAO in the US to fight SEC without attorneys

November 21, 2022 by

American CryptoFed DAO begins litigation battle with SEC over 2021 token registrations, opts not to have attorneys in a fight for registration.

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Binance makes moves in hardware wallet industry with new investment

November 21, 2022 by

Binance Labs has made a strategic investment in the Belgian hardware wallet firm Ngrave and will lead its upcoming Series A round.

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Celsius bankruptcy victims get proof-of-claim deadline from US court

November 21, 2022 by

The situation surrounding the Celsius bankruptcy continues as U.S. regulators set a deadline for those affected by the situation to file a proof claim against the company.

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FTX-owned Liquid exchange pauses all trading after withdrawal halt

November 21, 2022 by

Liquid’s operational halt comes five days after the exchange suspended all withdrawals due to FTX’s bankruptcy filing.

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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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