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Sam Bankman-Fried points blame for FTX collapse to Alameda, says he was blindsided

forkast.news Sam Bankman-Fried, former chief executive officer of failed cryptocurrency exchange FTX, seemed to point to the activities of his company’s brokerage arm as the reason his…

Transcript of Sam Bankman-Fried’s Interview at the DealBook Summit

nytimes.com ANDREW ROSS SORKIN: In the span of about one week, Sam Bankman-Fried went from a billionaire — the white knight of the crypto world, and running one of the largest exchanges…

5 Best Chinese Stocks To Buy And Watch: China Stocks Jump On Hopes For Zero-Covid Shift

investors.com Hundreds of Chinese companies are listed on U.S. markets. But which are the best Chinese stocks to buy or watch right now? Among the best are Nio (NIO), Daqo New Energy…

Legal professionals astonished as SBF admits failures, apologizes 12 times in interview By Cointelegraph

investing.com Former FTX CEO Sam Bankman-Fried apologized or admitted failure at least 12 times during his appearance at the New York Times' DealBook Summit on Nov. 30. In a wide-ranging…

Meta ‘powering through’ with Metaverse plans despite doubts

investing.com Meta CEO Mark Zuckerberg is still hopeful about the company’s Metaverse plans regardless of the billions of dollars it’s sucking up from the company, claiming “someone has…

Sale closed in Los Gatos: $1.9 million for a two-bedroom home

siliconvalley.com 124 Edelen Avenue – Google Street View A historic house built in 1900 located in the 100 block of Edelen Avenue in Los Gatos has a new owner. The 1,516-square-foot property…

Stablecoins Show Signs of Stabilizing After FTX Storm

thedefiant.io Just as stablecoins were becoming, well, stable again after the $60B collapse of the Terra ecosystem in May, the FTX disaster struck and pegged tokens have been whipsawed…

World Cup Fan Tokens Rise and Fall With Action on the Pitch

thedefiant.io When Saudi Arabia stunned Argentina in the World Cup 2-1 on Tuesday, the Middle Eastern nation’s fans rejoiced and sports pundits discussed every facet of the most shocking…

CZ Strives to Show Binance is Different From FTX

thedefiant.io Just like FTX, Binance maintains billions of dollars worth of its own tokens on its balance sheet. So is the globe’s No. 1 cryptocurrency exchange vulnerable to the same…

The Last 10 Days in the FTX Saga: A Timeline

blockworks.co More and more details of the now-insolvent crypto exchange FTX surface every day, and the spillover effects are ever more unfortunate. The timeline below tracks major events…

Bitcoin Price Drop Tests Miners’ Diamond Hands

blockworks.co Bitcoin miners are facing a tough few weeks ahead as meager prices threaten to render the network service unfeasible for anyone but the largest operators. After shedding a…

CNBC Stock World Cup 2022: Recap of winners and losers so far

cnbc.com As we head into the World Cup season, "Street Signs Asia" will be taking a look at some of the world's biggest companies and pitting them against each other for the…

Legal professionals astonished as SBF admits failures, apologizes 12 times in interview

cointelegraph.com Former FTX CEO Sam Bankman-Fried apologized or admitted failure at least 12 times during his appearance at the New York Times' DealBook Summit on Nov. 30. In a wide-ranging…

Digital identity platform integrates with zkSync for on-chain KYC By Cointelegraph

investing.com RNS, a digital Web3 identity platform developed to support the application and issuance of sovereignty-backed IDs, announced on Nov. 30 that it is integrating with zkSync…

Chainlink Prepares to Launch Staking on Ethereum, LINK Keeps Climbing

beincrypto.com Blockchain oracle provider Chainlink is preparing to launch staking on the Ethereum network. It is part of a long-term sustainable economic program for the blockchain…

Nifty News: Porsche 911 NFTs, BMW files Web3 trademarks, Baby Shark’s NFT game and more... By Cointelegraph

investing.com German luxury car manufacturer Porsche has suggested it will be significantly ramping up its Web3 efforts after unveiling an upcoming NFT project consisting of 7,500…

Auros Misses $3.1M Loan Payment on Maple Finance

thedefiant.io Pool Delegate M11 Credit Cites FTX Exposure Auros, a crypto trading firm which claims on its LinkedIn profile to account for a “significant proportion of global…

SBF Talks FTX Blowup, Drug Use and Net Worth at NY Times DealBook Summit

thedefiant.io The swift collapse of FTX was a “massive failure of oversight, of risk management,” disgraced founder Sam Bankman-Fried said in a live interview Wednesday evening. The…

Troubled Hong Kong crypto exchange AAX unlikely to reopen, says former executive

forkast.news Hong Kong-based crypto exchange AAX is likely to end operations and restructure, its former vice president for global marketing and communications, Ben Caselin, told…

Sale closed in Milpitas: $1.5 million for a four-bedroom home

siliconvalley.com 2268 Mesa Verde Drive – Google Street View A house built in 1971 located in the 2200 block of Mesa Verde Drive in Milpitas has new owners. The 1,499-square-foot property was…

Crypto trading firm Auros Global misses DeFi payment due to FTX contagion

cointelegraph.com Crypto trading firm Auros Global appears to be suffering from FTX contagion after missing a principal repayment on a 2,400 Wrapped Ether (wETH) decentralized finance (DeFi)…

FTX Has Spurred a ‘Mass Exodus’ in Crypto. Some May Ditch Bitcoin Forever

barrons.com The crisis at now-bankrupt cryptocurrency exchange FTX and an ensuing meltdown in digital asset prices have spurred a “mass exodus” as nervous customers withdraw crypto from…

Ethereum Foundation To Test Withdrawals of Staked ETH

thedefiant.io Ethereum’s developers are making progress towards enabling Beacon Chain withdrawals for ETH stakers. On Nov. 23, the Ethereum Foundation JavaScript Team said it will…

Nifty News: Porsche 911 NFTs, BMW files Web3 trademarks, Baby Shark’s NFT game and more..

cointelegraph.com Porsche to launch 7,500 NFTs for use in a ‘virtual world’ German luxury car manufacturer Porsche has suggested it will be significantly ramping up its Web3 efforts after…

Full Transcript: NY Times' Interview With Sam Bankman-Fried

coindesk.com Andrew R. Sorkin We have to have this conversation. As I said at the outset of today, there are a lot of questions that need to be asked and also need to be answered. As you…

‘Green Wednesday’ Cannabis Sales Jump More Than 15% From Last Year, Second Busiest Day of 2022 After 4/20

247wallst.com Cannabis is quickly joining turkey, pumpkin pie and cornucopia as Thanksgiving totem. According to business intelligence firm Akerna (US:KERN), cannabis sales for the…

New Crypto Regulations Might Not Be Needed According to Fed Governor

beincrypto.com U.S. policymakers have been scrambling to develop a regulatory framework for crypto to protect the financial system. However, Fed governor Lisa Cook thinks that new…

Yellen says she misspoke about potential U.S. review of Musk’s Twitter purchase

marketwatch.com Treasury Secretary Janet Yellen on Wednesday said she “misspoke” in an interview earlier this month when asked about a potential U.S. government review of Elon Musk’s…

BlackRock's Fink says crypto technology still relevant despite FTX

reuters.com NEW YORK, Nov 30 (Reuters) - BlackRock Inc (BLK.N) Chief Executive Larry Fink said on Wednesday that there appear to have been "misbehaviors" by the now-bankrupt FTX crypto…

‘I’ve Had a Bad Month’: Sam Bankman-Fried Ignores Lawyers to Make Awkward Public Appearance

rollingstone.com Even as critics fumed that he wasn’t already in jail, and rumors swirled that he would cancel the risky public appearance, Sam Bankman-Fried, co-founder of the failed…

Y9 Bank today announced a strategic partnership with the Algorand Foundation to integrate the Algorand blockchain into part of its suite of mobile offerings.…

prnewswire.com Y9, an emerging market focused digital microfinance service, will integrate Algorand blockchain technology as part of its ecosystem aimed at driving meaningful financial and…

"Just... Wow!": Record Numbers Turn Out For Early Voting In Georgia Senate Runoff

zerohedge.com "Just... Wow!": Record Numbers Turn Out For Early Voting In Georgia Senate Runoff Authored by Dan M. Berger via The Epoch Times (emphasis ours), Early voting in Georgia’s…

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

investing.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…

LBRY says it ‘will likely be dead’ following SEC loss

cointelegraph.com The firm behind the decentralized content platform LBRY said its days are likely numbered following its recent loss against the United States Securities and Exchange…

Sam Bankman-Fried strikes apologetic pose as he describes being shocked by FTX's fall

npr.org Michael M. Santiago/Getty Images toggle caption Andrew Ross Sorkin speaks with FTX founder Sam Bankman-Fried during the New York Times DealBook Summit in the Appel Room at…

Why is the crypto market up today? By Cointelegraph

investing.com The crypto market is up today and Bitcoin (BTC), Ethereum (ETH) and numerous altcoins all rallied after United States Federal Reserve Chairman Jerome Powell suggested that…

Huobi, Poloniex announced strategic partnership despite initial denials of a merger By Cointelegraph

investing.com Huobi and Poloniex announced a strategic partnership on Nov. 30. Reports of a planned merger of the two cryptocurrency exchanges emerged and were denied last week. The two…

Market maker Keyrock closes $72 million in Series B funding round By Cointelegraph

investing.com Digital asset market maker Keyrock has raised $72 million in a Series B round of funding, according to an announcement on Nov. 30. Ripple, SIX Fintech Ventures, and…

DoorDash, Roku, HP, and more: Tech layoffs keep on coming

yahoo.com Tech layoffs are dominating newsfeeds and headlines, and the cuts are coming across the board. This isn't the first round of tech layoffs since the end of the pandemic, but…

Sam Bankman-Fried says he ‘didn’t ever try to commit fraud’

theglobeandmail.com Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestion of fraud in his first public appearance…

Total crypto market-cap hits $850M as Bitcoin and altcoins recover from FTX’s collapse By Cointelegraph

investing.com The total cryptocurrency market capitalization gained 2% in the past seven days, reaching $850 billion. Even with the positive movement and the ascending channel that was…

US CFTC commissioner calls for new category to protect small investors from crypto By Cointelegraph

investing.com United States Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero spoke at the Futures Industry Association Asia Derivatives Conference in…

Man injured in Massachusetts Apple Store crash files lawsuit against Apple, driver, others

foxbusiness.com Attorneys on Tuesday filed a lawsuit against Apple, the man who allegedly recently drove his SUV into a Massachusetts Apple Store on Nov. 21, and other entities on behalf of…

CryptoSlate Wrapped Daily: Brazil set to recognize Bitcoin for payment, Kraken layoffs 30% of workforce

cryptoslate.com The biggest news in the crypto-verse for Nov. 30 includes Kraken laying off 1,100 staff as crypto winter bits hard, Binance expanding to Japan with the acquisition of Sakura…

Sam Bankman-Fried says he 'didn't ever try to commit fraud' By Reuters

investing.com (Reuters) -Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestion of fraud in his first public…

Bankman-Fried ‘Substantially Underestimated’ Size, Speed of FTX Collapse

blockworks.co In a highly anticipated and wide-ranging interview, FTX founder Sam Bankman-Fried claimed he was both unaware of and not intentionally committing fraud — and largely…

Sam Bankman-Fried says he 'didn't ever try to commit fraud'

reuters.com Nov 30 (Reuters) - Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestion of fraud in his first…

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

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

Huobi, Poloniex announced strategic partnership despite initial denials of a merger

cointelegraph.com Huobi and Poloniex announced a strategic partnership on Nov. 30. Reports of a planned merger of the two cryptocurrency exchanges emerged and were denied last week. The two…

Bitcoin trades over $17,000 following Powell's speech, December decisions loom large

theblock.co The Fed is likely to slow its rate increases in December, while upcoming inflation data and the first U.S. House committee hearing on the FTX collapse also loom large for…

Two Bored Apes sell for $1M each: Nifty Newsletter, Nov. 23

investing.com In this week’s newsletter, read about how two Bored Ape nonfungible tokens (NFTs) sold for almost $1 million during the bear market and how the word “metaverse” made it into…

Bankman-Fried claims: ‘I unknowingly commingled funds’ at DealBook Summit

cointelegraph.com Former FTX CEO Sam Bankman-Fried has claimed to have “unknowingly commingled funds” between Alameda and customer funds at FTX. Bankman-Fried was speaking at the New York…

Watch Live: Sam Bankman-Fried Speaks at DealBook Summit

nytimes.com Sam Bankman-Fried, the cryptocurrency billionaire whose empire collapsed spectacularly less than three weeks ago, is speaking at The New York Times’s DealBook Summit. Mr.…

Interpol confirms red notice for Angolan billionaire Isabel dos Santos

reuters.com LISBON, Nov 30 (Reuters) - Global police agency Interpol confirmed on Wednesday it had issued a red notice for Angolan billionaire Isabel dos Santos, daughter of the…

Interpol confirms red notice for Angolan billionaire Isabel dos Santos By Reuters

investing.com LISBON (Reuters) - Global police agency Interpol confirmed on Wednesday it had issued a red notice for Angolan billionaire Isabel dos Santos, daughter of the country's…

Total crypto market-cap hits $850M as Bitcoin and altcoins recover from FTX’s collapse

cointelegraph.com The total cryptocurrency market capitalization gained 2% in the past seven days, reaching $850 billion. Even with the positive movement and the ascending channel that was…

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