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FTX Must Pay Expenses Incurred by Bahamas Regulator for Holding the Exchange's Digital Assets
22.11.2022
The Bahamas Supreme Court ruled that FTX is responsible for all costs associated with the Securities Commission in keeping FTM assets in commission's digital wallet; Bloomberg reports that a Bahamas court has agreed to let part of FTX case be handled in U.S
Sam Bankman-Fried's Crumbling FTX Empire Holds $1.2B Cash Reserves
22.11.2022
The bankrupt crypto exchange FTX owes around $3.1 billion to its top 50 creditors
Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs
22.11.2022
The Texas State Securities Board is scrutinizing payments received by celebrities to endorse FTX US, as part of a wider probe into FTX's collapse
Sam Bankman-Fried deepfake attempts to scam investors impacted by FTX
22.11.2022
A faked video the FTX founder created by scammers has circulated on Twitter with users poking fun at its poor production quality
US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up
22.11.2022
The crypto-skeptic senators suggested the FTX collapse made it “abundantly clear” that the digital asset industry has "serious problems."
Bitcoin Price and Ethereum Hold Crucial Support, Huobi Token Gains 10%
22.11.2022
Bitcoin hit a two-year low on Tuesday morning in Asian trading as investors drove down prices for most cryptocurrencies over fears that the failure of the FTX.com cryptocurrency exchange on November 11 could lead to the insolvency of other businesses with ties to the exchange.
Ethereum,...
South Korea, Singapore, Japan Top Countries Most Impacted by FTX Collapse: Report
22.11.2022
A new analysis shows that the countries most impacted by the collapse of cryptocurrency exchange FTX are South Korea, Singapore, and Japan. Moreover, Russia, Germany, Turkey, Taiwan, India, Egypt, and Brazil also made the top 10 list of countries most affected by the FTX meltdown. Countries Most...
Federal Reserve Bank President Says ‘Entire Notion of Crypto Is Nonsense’
22.11.2022
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says crypto exchange FTX isn’t “one fraudulent company in a serious industry.” Stating that the “Entire notion of crypto is nonsense,” the Fed president claimed it is “just a tool...
FTX crisis leads to record inflows into short-investment products
22.11.2022
The aftermath of FTX’s collapse has soured crypto investor sentiment with "record” inflows into short-investment products last week, said CoinShares
Ethereum Co-Founder Vitalik Buterin Discusses FTX Collapse — Says ‘Centralized Anything Is by Default Suspect’
22.11.2022
Ethereum co-founder Vitalik Buterin says many people in the Ethereum community see the FTX collapse “as a validation of things they believed in all along: centralized anything is by default suspect.” However, he warned that automatically downgrading every single thing former FTX CEO...
On the move: FTX hacker splits nearly $200M in ETH across 12 wallets
22.11.2022
Meanwhile, Ethereum users are sending encoded messages to the FTX hacker pleading for a share of funds
Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals
22.11.2022
Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX team “to prioritize the preservation of franchise value as best we can in these difficult...
High sentiment in FTX's shadow: event recap for Texas Blockchain Summit
21.11.2022
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
Market Wrap: Crypto Markets Nervous as the FTX Collapse Dents Institutional Confidence
21.11.2022
Coinbase and MicroStrategy bonds tanked, crypto markets plunged and the FTX exploiter moved a total of 180,000 ether. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
FTX Blowup Helped Enrich the Ethereum Validators Who Run the Blockchain
21.11.2022
They saw a surge in MEV, or profits from optimizing the order of transactions, surge amid crypto chaos early this month
BOE’s Cunliffe says regulation can save crypto from itself, and it’s worth the effort
21.11.2022
Blockchain technologies can bring improvements to finance, given a regulatory framework, and links between DeFi and TradFi are being rapidly cemented already, Cunliffe said
US Senate committee schedules FTX hearing for Dec. 1, CFTC head to testify
21.11.2022
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
FTX-Owned Crypto Exchange Liquid Suspends Trading for Bankruptcy Proceedings – Here's What Happened
21.11.2022
Liquid Global, a Japan-based crypto exchange owned by now-bankrupt exchange FTX, has halted all trading after being “instructed” to do so by the law firm handling the bankruptcy.
“We have been instructed by [law firm Sullivan & Cromwell], who act for FTX Trading, to pause all forms of trading...
The nightmare continues for Sam Bankman-Fried and FTX — Law Decoded, Nov. 14-21
21.11.2022
The founder of FTX provoked the withdrawal of his legal team and now faces the possibility of extradition to the United States
FTX’s Collapse a Wake-Up Call for Venture Capitalists, Dragonfly Partner Says
21.11.2022
Dragonfly Capital Partner Tom Schmidt discusses the “red flags” VCs may have missed following FTX’s collapse and how it is likely to influence funding moving forward