#FTX News

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Sen. Warren: Biden administration worked to stop crypto being 'dangerously intertwined' with banks

cointelegraph.com Referring to the events surrounding the collapse of FTX as “a handful of magic beans”, Massachusetts Senator Elizabeth Warren seemed to frame the “contagion” spreading…

Is DeFi Ready for Prime Time?

blockworks.co DeFi protocols have seen their usage swell as investors flee centralized crypto exchanges. The top ten decentralized exchanges by on-chain value have all seen their trading…

FTX’s Collapse Was a Crime, Not an Accident

coindesk.com In the weeks since Sam Bankman-Fried’s cryptocurrency empire was revealed to be a house of lies, mainstream news organizations and commentators have often failed to give…

Price analysis 11/30: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI By Cointelegraph

investing.com Bitcoin (BTC) has shrugged off the weakness in the United States equities markets and is attempting to start a recovery on Nov. 30. Buyers are attempting to achieve a…

FTX proves MiCA should be passed fast, officials tell European Parliament committee

cointelegraph.com The European Parliament Economic and Monetary Affairs Committee held a hearing on "FTX cryptocurrency exchange collapse and implications for the EU" Nov. 30. Three European…

Bitcoin Family is moving more than $1 million into decentralized exchanges after Sam Bankman-Fried's FTX disaster

cnbc.com The Bitcoin Family has relocated to Phuket, and they are in the process of moving $1 million in crypto to decentralized exchanges. - Currently, the family keeps 73% of its…

A UK charity backed by disgraced crypto kingpin Sam Bankman-Fried sounds alarm to UK regulators after FTX collapse

cnbc.com The Charity Commission for England and Wales told CNBC that one of the charities there filed a "serious incident report" tied to "the collapse of FTX." - Former FTX CEO…

Tezos Co-Founder Kathleen Breitman on FTX Fallout: 'A Lot of Goodwill Is Gone Now'

decrypt.co It’s always been a point of pride for Tezos co-founder Kathleen Breitman that the network doesn’t have a public face or figurehead. Sure, she does plenty of…

Elon Musk Has Advice for the Fed: Cut Interest Rates or Else

barrons.com Elon Musk Has Advice for the Fed: Cut Interest Rates or Else Barron's Elon Musk Fears Economic Disaster if This Is Not Done Immediately TheStreet Elon Musk says the Fed must…

Telegram Announces Plans to Build Decentralized Crypto Exchange Following FTX Failure

decrypt.co As the collapse of the crypto exchange FTX shakes faith in the industry’s centralized players, Telegram is stepping in to build trustless and decentralized alternatives. In…

John Deaton on Sam Bankman-Fried FTX scandal: There is enough information to arrest now

foxbusiness.com Search Fox Business Home Watch Live Video Watch Live Show Clips News Clips Fox News Fox Business Fox News Go Fox News Radio Fox Nation Fox News Flash Expand Menu Logout…

FTX’s Alameda Research owes Jimmy Buffett’s Margaritaville, Amazon Web Services

foxbusiness.com Sam Bankman-Fried's hedge fund Alameda Research lists Jimmy Buffett's Margaritaville Resort in the Bahamas and Amazon Web Services as two of the largest creditors it owes…

Why Custodial Crypto Wallets Trending Again

benzinga.com Even though 2021 was the best year for digital assets such as cryptocurrencies and non-fungible tokens (NFTs), 2022 has been a washout in comparison and has seen…

IBM and Australian Stock Market’s Blockchain Projects Failed, a Blow to Private Ledgers

coindesk.com The turbulence in the overall cryptocurrency sector following FTX’s collapse this month is well-known. What’s gotten less attention, though, are the failure of projects that…

ARS To Take On SBF

dealbreaker.com Tomorrow, the Senate Agriculture Committee will attempt to get to the bottom of the whole FTX thing. It will bring before it Commodity Futures Trading Commission chief…

Bitcoin's 'artificially induced last gasp before the road to irrelevance'

ft.com Bitcoin's 'artificially induced last gasp before the road to irrelevance' Financial Times European Central Bank says bitcoin is on the 'road to irrelevance' CNBC ECB says…

Telegram founder wants to build new decentralized tools to combat power abuse By Cointelegraph

investing.com Telegram is set to build a set of decentralized tools, including noncustodial wallets and decentralized exchanges, said founder Pavel Durov via his Telegram channel on Nov.…

Watch a Live Interview With Sam Bankman-Fried

nytimes.com Watch a Live Interview With Sam Bankman-Fried Andrew Ross Sorkin of The New York Times will do a live interview today with Mr. Bankman-Fried, the former chief executive of…

Texas State Securities Regulator Sends Sam Bankman-Fried Official Hearing Notice Requesting SBF’s Testimony

dailyhodl.com Disgraced FTX founder Sam Bankman-Fried is being summoned by the Texas securities regulator to appear during an administrative hearing on February 2nd, 2023. The Texas State…

Binance hires the accounting firm that disavowed Donald Trump's financials to verify its crypto reserves

businessinsider.com Antonio Masiello/Getty Images Binance is enlisting accounting firm Mazars to verify its cryptocurrency reserves. Mazars' US unit previously worked for former President…

Animoca Brands Plans to Invest $2 Billion in Web3 Startups By DailyCoin

investing.com Animoca Brands has announced it is launching a $2 billion fund to invest in upcoming metaverse businesses. Company co-founder and executive chairman Yat Siu shared in an…

SilverGate CEO says “This type of volatility is not new to us,” as crypto market continues to struggle

cryptoslate.com SilverGate CEO says “This type of volatility is not new to us,” as crypto market continues to struggle The current financial conditions are challenging for all financial…

Bitcoin Prices Are Languishing After the FTX Selloff

barrons.com Bitcoin and other cryptocurrencies edged higher on Wednesday, but altogether remain little moved since crypto exchange FTX’s bankruptcy shocked the industry and slammed…

INX submits bid for Voyager Digital's assets By Cointelegraph

investing.com Trading platform INX has submitted a bid for an undisclosed amount to purchase the assets of crypto brokerage firm Voyager Digital. In a Nov. 30 announcement, INX said it…

BlackRock CEO Fink Says The Asset Manager Invested This Many Millions In FTX

benzinga.com BlackRock BLK Larry Fink invested $24 million in FTX through a fund of funds it administers, CEO Larry Fink said Wednesday. Although there were some inappropriate actions at…

FTX Founder Called to Hearing by Texas Securities Board By DailyCoin

investing.com Texas financial regulator called former FTX CEO Sam Bankman-Fried to a hearing to determine whether FTX sold unregistered securities to its customers. The Texas State…

Kraken to lay off 30% of employees

fortune.com The latest victims of Crypto Winter? Nearly one-third of Kraken employees Kraken announced on Wednesday that the crypto exchange is laying off 30% of its workforce, about…

SBF Debunking Tales: “Illiquidity Didn’t Cause the Crash” to ‘Dark’ Political Donations

beincrypto.com Sam Bankman-Fried (SBF), the former founder of the bankrupt exchange FTX, shed light on different narratives in a phone interview. Talks about bankruptcy, the alleged…

Telegram to build non-custodial wallets and decentralized exchanges, says CEO Pavel Durov

cryptoslate.com Telegram to build non-custodial wallets and decentralized exchanges, says CEO Pavel Durov CEO Pavel Durov said Telegram would launch a range of decentralized cryptocurrency…

Crypto's Ugly November Draws to Close With ‘Sam Coins’ in Gutter, Bitcoin Down 18%

coindesk.com The rapid collapse of billionaire-turned-scourge Sam Bankman-Fried's crypto empire will likely be remembered for posterity as one of the blockchain industry's worst-ever…

FTX's Blowup Reinvigorates Push for New US Crypto Legislation

bloomberg.com FTX's Blowup Reinvigorates Push for New US Crypto Legislation Bloomberg

FTX Collapse Validates SEC Chair Gary Gensler's Crypto Skepticism

bloomberg.com FTX Collapse Validates SEC Chair Gary Gensler's Crypto Skepticism Bloomberg

Senate Banking Committee chair calls for coordination with Treasury on crypto

cointelegraph.com Sherrod Brown, chair of the United States Senate Banking Committee, has called on Treasury Secretary Janet Yellen to work with financial regulators and lawmakers on…

Former FBI agents weigh in on FTX investigation, Sam Bankman-Fried's possible extradition

foxbusiness.com EXCLUSIVE: Former FBI agents who specialized in financial crimes and organized crime said federal investigators are likely in a "full court press" probing the FTX collapse…

Kraken, the 3rd-largest digital assets exchange, is laying off 30% of its staff as crypto winter deepens

businessinsider.com Kraken on a phone KONSKIE, POLAND Kraken is laying off 1,100 of its employees, the company said in a blog post Wednesday. The news comes at a difficult time for the…

FTX's Collapse Will Hamper Mainstream Crypto Acceptance, NYSE's Martin Says

bloomberg.com FTX's Collapse Will Hamper Mainstream Crypto Acceptance, NYSE's Martin Says Bloomberg

FTX's Japan Unit Drafts Plan to Return Client Funds

bloomberg.com FTX's Japan Unit Drafts Plan to Return Client Funds Bloomberg

Sam Bankman-Fried says he has $100K left in bank account after FTX collapse

foxbusiness.com Sam Bankman-Fried, the former CEO of collapsed cryptocurrency exchange FTX, has revealed in an interview this week that he only has $100,000 left in his bank account. The…

EU’s MiCA Law May Have an FTX-Shaped Loophole

coindesk.com Even when the Markets in Crypto Assets legislation goes into force in the coming years, companies like FTX, based in the Bahamas, would still be able to serve EU clients…

Sam Bankman-Fried set to give first public interview: Here's what to expect

cbsnews.com The former CEO of FTX Trading will soon give his first lengthy public interview since the cryptocurrency exchangefashion earlier this month. Sam Bankman-Fried is scheduled…

Solana’s Self-Custodial Crypto Wallet Phantom Going Multichain with Ethereum and Polygon By DailyCoin

investing.com The prominent self-custody wallet built on the Solana ecosystem, Phantom, intends to extend support for assets on Ethereum and Polygon blockchains. As revealed, the…

Crypto Winter Chills Kraken, 30% Of Staff Gets Cut After 'Quick Scale Up'

benzinga.com Cryptocurrency exchange Kraken is sacking 1,100 employees, 30% of its workforce, in yet another sign of the prolonged crypto winter following the collapse of FTX FTT/USD.…

One of the only solvent members of Sam Bankman-Fried's fallen crypto empire is contributing $175 million to FTX bankruptcy proceedings, report says

businessinsider.com Sam Bankman-Fried. Jabin Botsford/Getty Images LedgerX is preparing to make $175 million available to FTX's bankruptcy proceedings, sources told Bloomberg. The company is…

Bitcoin is on the 'road to irrelevance' and its last gasp was already on the horizon before FTX's collapse, ECB officials say

businessinsider.com Bitcoin rocket crash flying down graphic Getty Images Bitcoin was heading for a dead-end even before the collapse of Sam Bankman-Fried's FTX, ECB officials wrote Wednesday.…

Telegram founder wants to build new decentralized tools to combat power abuse

cointelegraph.com Telegram is set to build a set of decentralized tools, including noncustodial wallets and decentralized exchanges, according to founder Pavel Durov via his Telegram channel…

Wednesday Bloody Wednesday

cnbc.com Kraken, the world's third-largest crypto exchange by volume, is laying off about 30% of employees, its CEO said. - The company pointed to slowing macroeconomic and…

CEO of $10 Trillion Asset Manager Predicts That Most Crypto Companies Will Fail

u.today BlackRock CEO Larry Fink has predicted that the majority of cryptocurrency companies will fail during his recent appearance at the New York Times DealBook Summit. Fink also…

Early Alameda staffers quit after battling Sam Bankman-Fried over risk, compliance concerns

foxbusiness.com Years before Sam Bankman-Fried’s crypto empire collapsed, a group of employees quit in a power struggle—after becoming concerned about what they say was his cavalier…

BlackRock CEO Larry Fink Says FTX Collapsed Because It Created Its Own Token

beincrypto.com BlackRock CEO Larry Fink ascribes the downfall of FTX to its own token, leaving others to fear the same scenario may transpire for Binance. BlackRock’s chief executive spoke…

FTX billionaire Sam Bankman-Fried funneled dark money to Republicans

theguardian.com The fall of crypto billionaire Sam Bankman-Fried has been painted as a large blow to the Democratic party, whose candidates were major beneficiaries of his largesse. But in…

What a Securities Lawyer Would Ask FTX’s Bankman-Fried

coindesk.com As a securities litigator for over 30 years, I have cross-examined a host of conmen and fraudsters. Most of my cases have been concentrated in the financial services field…

Why DeFi Will Lead Us to the Next Bull Run

coinjournal.net Previous article Why DeFi Will Lead Us to the Next Bull Run Next article $MCADE presale is now live! Play. Earn. Build. Connect. Start $MCADE presale is now live! Play.…

After Months at Arm’s Length, Senate’s Brown Opens Door for Crypto Legislation

coindesk.com U.S. Sen. Sherrod Brown (D-Ohio), the chairman of the Senate Banking Committee, has widely been seen as the linchpin of legislation to set up oversight of the cryptocurrency…

SEC Could Use BlockFi as Object Lesson for Clear Crypto Regulation, Says Ex-SEC Official

coindesk.com The U.S. Securities and Exchange Commission (SEC) may use the failure of lender BlockFi as an object lesson for why there should be clear oversight of the crypto sector.…

Sam Bankman-Fried Scared of Retribution, Withdrawals Were Opened for Bahamas Users By DailyCoin

investing.com As each day passes, more information becomes available surrounding the FTX saga. In a rather candid and seemingly unstructured interview with Tiffany Fong, Sam Bankman-Fried…

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